A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 245 Elmwood Ave, Richmond Hill Ontario L4C 1L3
50 days on Market

245 Elmwood Ave, Richmond Hill, Ontario L4C 1L3

Detached
2 + 1
2
~1100-1500 sqft
$1
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Detached
2 + 1
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market50 days

Estimated valueNot available

Price/Sqft$0/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$1.7M

Median sold price*

*Based on last 30 days

Description

Great investment for 50.12 x 210.25 ft Bungalow in a multi-family & mid-rise development area. Development Potential for 10 to 12 Rental unit, with construction loan from RBC and Mortgage from CMHC. One of the best investment and income property. There is a New zoning Amendment for this property from City of Richmond Hill


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size10,525 SqFt(210 x 50.12)
Parking Spaces7
MLS ®NumberN12214921
Community NameHarding Park
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Finished

Main Floor

Living

4.9 x 3.72

Combined W/Dining / hardwood floor / Large Window

Kitchen

3.42 x 2.67

Stainless Steel Appl / O/Looks Backyard / Tile Floor

Primary

4.7 x 3.04

hardwood floor / Closet / Window

2nd Br

3.35 x 3.17

hardwood floor / Window / Closet


Features

Lot size: 10,525 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 6

Total parking spaces 7


Market Data - Harding Park

Geo Zone Map ThumbnailHarding Park

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

46 days

Compared to

2024

35 days

2023

22 days

2022

13 days

New Listings

Past 30 days

19 listings

Compared to

2024

11 listings

2023

10 listings

2022

10 listings

Units sold

Past 30 days

5 units

Compared to

2024

4 units

2023

5 units

2022

5 units

Median Sold Price

Past 30 days

$1,660,000

Compared to

2024

$1,652,500

2023

$2,216,000

2022

$1,630,000


Population and Demographics

Overview

Total population 14903
Average household income $110,279

Age (%)

0 to 19
18%
20 to 34
18%
35 to 49
19%
50 to 64
22%
65 and plus
23%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
42%
Iranian Persian
13%
Yue (Cantonese)
11%
Mandarin
10%
Russian
6%
Italian
3%
Persian (Farsi)
2%
Tagalog (Pilipino, Filipino)
2%
Korean
2%
Spanish
1%
Arabic
1%
Others
1%

House tenancy (%)

Owners
64%
Renters
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget