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
30 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 market30 days

Estimated valueNot available

Price/Sqft$0/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$1.5M

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

27 days

Compared to

2024

38 days

2023

8 days

2022

18 days

New Listings

Past 30 days

14 listings

Compared to

2024

21 listings

2023

16 listings

2022

22 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

7 units

2022

8 units

Median Sold Price

Past 30 days

$1,480,000

Compared to

2024

$1,450,000

2023

$1,430,000

2022

$1,533,000


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