94 FORMOSA DRIVE, Richmond Hill (Rouge Woods)

$999,000

For sale: Semi-Detached/Link

Semi-Detached/Link at 94 FORMOSA DRIVE, Richmond Hill (Rouge Woods)
Property type
Semi-Detached
Bedrooms / bathrooms
3 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® N14093166
Neighbourhood
Rouge Woods

Opportunity knocks on a premium lot in one of Richmond Hill's most sought-after pockets. Situated off Bayview and Major Mackenzie, this 3 bedroom, 3 bathroom semi just under 1600 square feet of above grade living space. The open concept main floor is filled with natural light. The bedrooms are generously sized. The primary bedroom features a walk-in closet and private ensuite, with a second full bathroom upstairs. The finished basement has a walk-out to the backyard, offering in-law suite potential. Mature trees in both the front and backyard provide added privacy. Interior access to the attached garage provides everyday convenience. Whether you are an end user looking to renovate and make a property feel like your own, or an investor looking for strong rental income potential, this is a true value-add opportunity. Minutes to Highway 404, big name retailers, restaurants, and parks, all within the Bayview Secondary School area. Homes with this much upside in this location don't come around often.

Sold data

Semi-Detached/Link homes in Richmond Hill (Rouge Woods) — recent sold market

Semi-Detached/Link homes in Richmond Hill (Rouge Woods) took a median of 19 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 37, across 101 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $1,085,000.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 30% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$1,085,000
Sale-to-list ratio
97.3%
Sold above asking
30%

Based on 101 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Rouge Woods)

Richmond Hill (Rouge Woods) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (Rouge Woods)

  • Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
  • Silver Stream — elementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
  • Bayview — secondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 94 FORMOSA DRIVE