88 Riverview Rd

FOR SALE
$615,000
88 Riverview Rd, New Tecumseth
88 Riverview Rd
88 Riverview Rd
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 4
ROOMS
N9304314
MLSID
Contact Us
Property Description
Unique Bungalow design in premium location backing onto sought after ravine setting. This home is a must see with 2 spacious bedrooms located on the lower level overlooking scenic ravine. The main level offers spacious living and dining room areas, a generous sized working kitchen with walkout to deck and separate breakfast nook with eastern exposure. The main floor family room includes 1 of 2 fireplaces and walk-out to deck with inviting 3 seasons solarium. The lower level features a 3rd walk-out to ravine along with a patio area, plus a laundry area, two 3 piece bathrooms and a rec room. There is also the added convenience of a chair lift from the main to lower level and an interior access door to the garage area.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-05 2024-09-05 92 $695,000 - Expired
Extras
Ideally situated in sought after lifestyle community of Green Briar with convenient access to community centre, walking trails, rec centre, restaurants and golf course.
Property Features
Arts Centre, Golf, Hospital, Ravine, Rec Centre, River/Stream
Property Details
Community
Property Type
Det Condo, Bungalow
Approximate Sq.Ft.
1000-1199
Taxes
$3,401 (2024)
Basement
W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
4
Parking 1
Exclusive
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
DiningGround11.91' x 27.99'Combined W/Living, Large Window, Hardwood Floor
KitchenGround8.46' x 16.73'W/O To Deck, Ceramic Floor, B/I Dishwasher
BreakfastGround9.35' x 10.04'Large Window, Ceramic Floor
FamilyGround12.14' x 13.25'Electric Fireplace, W/O To Deck, Hardwood Floor
Prim BdrmLower10.93' x 14.76'3 Pc Ensuite, O/Looks Ravine, His/Hers Closets
2nd BrLower10.17' x 12.01'Double Closet, O/Looks Ravine, Large Window
RecLower10.50' x 18.04'Broadloom
FurnaceLower9.19' x 9.35'Unfinished
SolariumGround8.86' x 17.06'O/Looks Ravine
FoyerGround6.23' x 7.55'Ceramic Floor
New Tecumseth Market Statistics
New Tecumseth Price Trend
88 Riverview Rd is a 2-bedroom 3-bathroom condo listed for sale at $615,000, which is $50,858 (9.0%) 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 Royal Lepage Rcr Realty
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