173 Ridge Way

FOR SALE
$1,350,000
173 Ridge Way, New Tecumseth
173 Ridge Way
173 Ridge Way
173 Ridge Way
173 Ridge Way
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173 Ridge Way
173 Ridge Way
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173 Ridge Way
173 Ridge Way
173 Ridge Way
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173 Ridge Way
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173 Ridge Way
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2 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
5 + 5
ROOMS
N9258140
MLSID
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Property Description
Location, Location, Location. "Monticello" bungalow with walkout & elevator backing onto lush trees & golf course in the "Award Winning" "Adult Lifestyle" community of "Briar Hill". Resort style living at it's best. 36 Holes of golf, walking trails, active community centre & adjacent to the Nottawasaga Resort offering fine dining, fitness centre, swimming & year round skating. Come make "Briar Hill" your retirement destination.
Extras
Slate floors, cherry hardwood floors, 2 gourmet kitchens, high-end appliances, covered lower deck, marble counter tops, walk-in jetted tub & 2 upgraded gas fireplaces. Many more upgrades in the home. See seller's write-up in attachments.
Nearby Intersections
Property Features
Golf, Hospital, Library, Place Of Worship, Rec Centre
Property Details
Street
Community
Property Type
Det Condo, Bungalow
Approximate Sq.Ft.
1400-1599
Taxes
$4,948 (2024)
Basement
Fin W/O, Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
4
Parking 1
Exclusive
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain9.97' x 9.97'Slate Flooring, Marble Counter
BreakfastMain9.42' x 10.01'Slate Flooring, W/O To Deck
LivingMain10.04' x 11.58'Hardwood Floor
DiningMain10.04' x 11.58'Marble Floor
Prim BdrmMain14.11' x 12.01'Hardwood Floor, Ensuite Bath
BrMain10.01' x 10.83'Hardwood Floor, Elevator
FamilyLower14.40' x 15.32'Heated Floor, W/O To Patio
KitchenLower11.48' x 11.48'Tile Floor, Marble Counter
BrLower13.12' x 11.48'Hardwood Floor, Large Window
ExerciseLower11.48' x 11.48'Tile Floor
New Tecumseth Market Statistics
New Tecumseth Price Trend
173 Ridge Way is a 2-bedroom 3-bathroom condo listed for sale at $1,350,000, which is $785,858 (139.3%) higher than the average sold price of $564,142 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 2 bedroom condo in New Tecumseth declined by $350,858 (38.3%) compared to the previous 30 day period (September 23 - October 22) and down $124,000 (18.0%) from the same time one year ago.
Inventory Change
There were 8 2-bedroom condos listed in New Tecumseth over the last 30 days (October 23 - November 21), which is down 33.3% compared with the previous 30 day period (September 23 - October 22) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in New Tecumseth typically sold ($15,842) (2.8%) below asking price over the last 30 days (October 23 - November 21), which represents a $907 decrease compared to the previous 30 day period (September 23 - October 22) and ($16,971) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in New Tecumseth over the last 30 days (October 23 - November 21) stood at 87.5%, up from 41.7% over the previous 30 days (September 23 - October 22) and down from 175.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in New Tecumseth stood at 36 days when successfully sold over the last 30 days (October 23 - November 21), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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