Home with brick exterior material, street for 8 Wellspring Ave, Richmond Hill Ontario L4E 3K3
1 day on Market

8 Wellspring Ave, Richmond Hill, Ontario L4E 3K3

Detached
2
3
- sqft
$1,197,000
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Detached
2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,141/mo

Tax Amount (2024)$5,128/yr

Days On Market1 day


Description

Nestled in one of the GTA's most sought-after communities, this 20-year-old bungalow is perfect for those looking to downsize or for first-time buyers who want to skip the condo lifestyle and enjoy the space and privacy of a home. With modern updates and a thoughtful layout, this property offers both comfort and convenience. Features include: 2 bedrooms, 3 washrooms: A spacious primary suite with a walk-in closet and a luxurious 4-piece ensuite, and a bright, airy second bedroom with a large window that bathes the space in natural light. Modern Kitchen: Updated with elegant quartz countertops, brand-new appliances, and a sleek design that balances style and functionality. The entire home has been freshly painted and outfitted with new light fixtures, giving it a bright and inviting feel. Partially Finished Basement: Includes an additional powder room, ready to be customized to suit your needs-ideal for extra living space. Close to all amenities and walking distance from Yonge Street.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size3,505 SqFt(88.98 x 39.4)
Parking Spaces2
MLS ®NumberN11931369
Community NameOak Ridges
Data SourceTRREB
Listing byROYAL LEPAGE RCR REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Part Fin

Ground Floor

Dining

3.75 x 3.00

Hardwood Floor / Formal Rm / Window

Living

2.40 x 5.24

Hardwood Floor / Open Concept

Kitchen

2.40 x 5.24

Eat-In Kitchen / Quartz Counter / W/O To Yard

Prim Bdrm

5.00 x 3.20

4 Pc Ensuite / W/I Closet / Broadloom


Features

Lot size: 3,505 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 1

Total parking spaces 2


Property History

Jan 20, 2025
ListedActive
$1,197,000
1 day on market
history photo preview22
Listing by trreb®
Property listed by ROYAL LEPAGE RCR REALTY, Brokerage

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Market Data - Oak Ridges

Geo Zone Map ThumbnailOak Ridges

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

49 days

2023

24 days

2022

18 days

New Listings

Past 30 days

64 listings

Compared to

2024

40 listings

2023

33 listings

2022

30 listings

Units sold

Past 30 days

8 units

Compared to

2024

11 units

2023

8 units

2022

13 units

Median Sold Price

Past 30 days

$1,496,500

Compared to

2024

$1,420,000

2023

$1,402,500

2022

$1,835,000


Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
50 to 64
23%
35 to 49
23%
20 to 34
16%
65 and plus
12%

Household composition (%)

Single family
83%
Single person
13%
Multi person
2%
Multi family
2%

Mother tongue (%)

English
51%
Mandarin
11%
Iranian Persian
10%
Yue (Cantonese)
6%
Russian
6%
Italian
5%
Arabic
2%
Korean
1%
Spanish
1%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

Schools and amenities

Estimated Budget