8501 Bayview Ave 608

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8501 Bayview Ave 608, Richmond Hill
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
N4006547
MLSID
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Property Description
Beautiful And Spacious 2 Bd+Den W/O To Balcony W/Unobstructed View, 2 Fully Renovated Washrooms. Large Laundry Room/Storage. Close To Schools, Parks, Shopping Centers, Hwys 7/407/404. Bus Direct To Subway. Great Facilities Include Tennis, Pool , Sauna, Gym, Party Room, Guests Suites, Squash, Library. 24 Hr Concierge.
Extras
Fridge, Microwave, Washer/Dryer, All Elf's And Window Coverings. Building Loaded W/Amenities. Renovated Building Entrance, Elevator And Hallways.
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,261 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
MasterFlat10.99' x 15.75'
2nd BrFlat8.99' x 11.15'
Richmond Hill Market Statistics
Richmond Hill Price Trend
8501 Bayview Ave 608 is a 2-bedroom 2-bathroom condo listed for sale at $575,000, which is $141,400 (19.7%) lower than the average sold price of $716,400 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $39,859 (5.3%) compared to the previous 30 day period (February 19 - March 19) and down $11,319 (1.6%) from the same time one year ago.
Inventory Change
There were 70 2-bedroom condos listed in Richmond Hill over the last 30 days (March 20 - April 18), which is up 14.8% compared with the previous 30 day period (February 19 - March 19) and up 159.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($21,566) (3.0%) below asking price over the last 30 days (March 20 - April 18), which represents a $1,370 decrease compared to the previous 30 day period (February 19 - March 19) and ($18,451) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Richmond Hill over the last 30 days (March 20 - April 18) stood at 42.9%, down from 44.3% over the previous 30 days (February 19 - March 19) and down from 133.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Richmond Hill stood at 43 days when successfully sold over the last 30 days (March 20 - April 18), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty, Brokerage
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