58 spruce Ave, Richmond Hill - Triple Garages Detached Home

58 spruce Ave

LocationSouth Richvale, Richmond Hill, L4C 6W1
$2.68M For Sale
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Description

Tandem 3 Car Garage! In Prestigious South Richvale, Custom Build Home With Quality Workmanship, Extremely Bright South Facing. All Natural Stone Front Exterior And Huge Lot. Rare 14 Feet Cathdral Ceiling. Oversized Tile Blended W/Hand Scraped Wood Flooring On Main Level,Pot Lights Throughout. 10' Ceiling On Main And 9' On 2nd. Quality Hardwood, Limestone And Marble Floor. Heated Floor For Breakfast Area And Master Bathroom. Finished Walk Up Basement With Above Grade Windows. Three Fireplaces, Skylight. Custom Made Gourmet Kitchen W/ Huge Cent Island, Granite Counter ,Two Sink, Backsplash, Light Under Cabinet ,B/I Appliances Breakfast Area W/O To Private Patio, Quality Hardwood, Limestone, Marble Floors Thru-Out Both Flrs, Wainscoting ,Chair Railing, Skylight.

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 3
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 45.08 x 240.35 Feet
  • Lot Depth
    Space: 3500-5000
  • Tax Amount
    Tax: $ 15728.00
  • MLS
    N13718256
  • Listing contracted with: CENTURY 21 KING`S QUAY REAL ESTATE INC.
Room Size(M) Description
Primary B6.48x5.02

Walk-In Closet(s), 6 Pc Ensuite, Hardwood Floor

2nd Br5.93x3.96

Hardwood Floor, B/I Closet, Large Window

3rd Br4.37x3.34

Hardwood Floor, Semi Ensuite, Walk-In Closet(s)

4th Br4.24x3.34

Hardwood Floor, Semi Ensuite, Walk-In Closet(s)

Living Rm5.42x3.94

Pot Lights, Gas Fireplace

Dining Rm5.07x4.30

Crown Moulding, Pot Lights

Family Rm6.27x4.94

Pot Lights, Gas Fireplace, B/I Shelves

Library3.27x3.53

Coffered Ceiling(s)

Kitchen5.57x5.08

Stone Floor, B/I Appliances, Granite Counters

Breakfast5.57x4.52

Cathedral Ceiling(s), Stone Floor

5th Br5.74x5.04

Laminate

Recreatio10.30x6.25

W/O To Yard, Large Window



Bathroom Pieces Level
1xBath6 pcs

Second

1xBath4 pcs

Second

1xBath3 pcs

Second

1xBath2 pcs

Main



Property Summary

Located close to the intersection of Yonge & 16TH, 58 spruce Ave is a 4+1 bedrooms 4 washrooms Detached. The unit has a 3 Built-In Parking Spaces. The property has a finished Walk-Up basement. The property has many nice features including Water Heater Owned. Living Room Rm, Dinning Room Rm, Family Room Rm, Library, Kitchen and Breakfast Room are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 18.9% compared with the same period last year.

Rent levels have decreased 26.5% compared with the same period last year.

Recent Comparable Value Range
$1,810,000 – $2,590,000
Recent 6-Month Rent Range
$5,300 – $7,300/month

How This Home Compares

Market Temperature
Strong Buyer's Market
Strong SellerSellerBalancedBuyerStrong Buyer
High inventory strongly favours buyers of similar homes.
Typical Selling Time
26 Days
Similar homes are selling in about 26 days, broadly in line with last year.
Price Position
21.8% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 55% of residents hold a bachelor's degree or higher, while about 13% have a college credential. The large majority of local commuters travel by car.





School Information



Commute Information

GTA Go Train Langstaff Go Train Station (1.8km) - Free Parking available, parking lots: 1547

Location





Community Overview

58 spruce Ave is at North East Corner of South Richvale Community. The community of South Richvale runs from Yonge St on the East to Highway 7 in the south, Bathurst St on the west, and Carrville Rd in the north. The community was one of Toronto's first commuter suburbs. The development coincided with the opening of the Richvale School in 1923. The significant real estate development started in the 1950s, and many residential houses were built around the 1970s. On the north end of the community, close to Carrville Rd, some newly built modern townhouses are perfect for those looking for three or more bedroom livings. In past 3 months, 7 Detached homes were sold at average of $2.01M. It has a higher than average population of recent immigrants from Iran, Italy and China. In 58 spruce Ave neighbourhood, you will find many residents are Chinese, Italian, Iranian, Greek, and Irish. Homeowners have access to about 10 bus lines, and bus stops are not very far from most houses. Hunter's Point Wildlife Park is a quiet, contemplative green space located in the southwest section of Richvale, providing habitats for many exotic birds and animals. Anchored by a state-of-the-art Hudson's Bay, Hillcrest Mall is the only fully enclosed shopping center in Richmond Hill. South Richvale is now one of the most desirable Richmond Hill communities for Chinese families. Many marketers promote the community as South Rich Valley, highlighting it as a wealthy neighbourhood and its name, after translating to Chinese Cantonese, as a famous Hong Kong landmark, 'Lan Kwai Fong'.


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