8501 Bayview Ave 1406

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8501 Bayview Ave 1406, Richmond Hill
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
N4075414
MLSID
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Property Description
Absolutely Immaculate 2 Bedroom, 2 Full Bath Suite With 2 Parking Spaces. Beautiful Re- Designed And Renovated Kitchen. Spacious Open Concept Unit. Large Ensuite Laundry/Storage. Private Balcony & Solarium. Amazing Facilities (Pool, Sauna, Jacuzzi, Tennis Courts, Exercise Room & More) Walking Distance To School, Shops, Restaurants, Ravine Trail & Public Transit. 407/404 Commuters Dream.
Extras
Include: Fridge, Stove, B/I Dishwasher, Washer, Dryer, Window Coverings And All Electrical Light Fixtures.
Property Features
Clear View, Library, Public Transit, Ravine, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,203 (2017)
Basement
None
Exterior
Concrete, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (B #145 Tandem)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat11.09' x 14.96'Wood Floor, Open Concept, W/O To Sunroom
DiningFlat9.38' x 11.09'Wood Floor, Combined W/Living
KitchenFlat8.50' x 11.15'Ceramic Floor, Ceramic Back Splash
MasterFlat10.76' x 15.49'Wood Floor, 4 Pc Ensuite, W/I Closet
2nd BrFlat9.06' x 13.25'Wood Floor, North View, Double Closet
SolariumFlat7.97' x 11.32'Ceramic Floor, North View, W/O To Balcony
Richmond Hill Market Statistics
Richmond Hill Price Trend
8501 Bayview Ave 1406 is a 2-bedroom 2-bathroom condo listed for sale at $539,900, which is $174,314 (24.4%) lower than the average sold price of $714,214 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill declined by $41,441 (5.5%) compared to the previous 30 day period (February 23 - March 23) and down $21,338 (2.9%) from the same time one year ago.
Inventory Change
There were 66 2-bedroom condos listed in Richmond Hill over the last 30 days (March 24 - April 22), which is up 1.5% compared with the previous 30 day period (February 23 - March 23) and up 112.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($20,785) (2.9%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,265 decrease compared to the previous 30 day period (February 23 - March 23) and ($15,944) 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 24 - April 22) stood at 42.4%, down from 44.6% over the previous 30 days (February 23 - March 23) and down from 116.1% 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 32 days when successfully sold over the last 30 days (March 24 - April 22), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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