316 Rita's Ave

FOR SALE
$1,099,900
316 Rita's Ave, Newmarket
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
316 Rita's Ave
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
N8260698
MLSID
Contact Us
Property Description
Absolutely stunning 4 bedroom, 4 bathroom home in Summerhill Estates. Fully upgraded featuring 9"coffered ceilings and hardwood floors throughout. Gourmet kitchen with granite counters, glass backsplash, valance ceiling with built in lighting, and top of the line Jen Air appliances. Upgraded baseboards and wired for sound on the main level. Custom deck with staircase to access lower landscaped yard. Oversized primary retreat brimming with natural light. Professionally finished basement featuring separate entrance, large wet bar with lots of cabinets, above grade windows, full 3 piece washroom, and interlocked patio.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-02 2024-04-22 20 $1,399,900 - Terminated
2024-03-21 2024-03-30 9 $1,299,000 - Terminated
2024-03-21 2024-03-30 9 $1,299,000 - Terminated
Nearby Intersections
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
30' x 120'
Fronting
North
Taxes
$5,527 (2023)
Basement
Fin W/O
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain9.25' x 9.58'Ceramic Floor, Granite Counter, Stainless Steel Appl
BreakfastMain9.25' x 9.58'Ceramic Floor, W/O To Balcony, Combined W/Kitchen
LivingMain10.89' x 17.78'Hardwood Floor, Moulded Ceiling, Pot Lights
SittingMain10.89' x 17.78'Hardwood Floor, Electric Fireplace, Combined W/Living
Prim Bdrm2nd11.09' x 15.06'Hardwood Floor, 4 Pc Ensuite, Closet Organizers
2nd Br2nd11.09' x 14.01'Hardwood Floor, Closet
3rd Br2nd9.09' x 10.07'Hardwood Floor, Closet
4th Br2nd9.09' x 10.07'Hardwood Floor, Closet
RecBsmt20.83' x 23.95'Laminate, W/O To Patio, Wet Bar
LaundryBsmt8.99' x 11.98'Laminate, Pantry
Newmarket Market Statistics
Newmarket Price Trend
316 Rita's Ave is a 4-bedroom 4-bathroom home listed for sale at $1,099,900, which is $307,720 (21.9%) lower than the average sold price of $1,407,620 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 4 bedroom home in Newmarket declined by $51,286 (3.5%) compared to the previous 30 day period (March 4 - April 2) and down $23,231 (1.6%) from the same time one year ago.
Inventory Change
There were 98 4-bedroom homes listed in Newmarket over the last 30 days (April 3 - May 2), which is up 69.0% compared with the previous 30 day period (March 4 - April 2) and up 84.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Newmarket typically sold $7,502 (0.5%) above asking price over the last 30 days (April 3 - May 2), which represents a $5,011 increase compared to the previous 30 day period (March 4 - April 2) and $13,002 less 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 4-bedroom homes in Newmarket over the last 30 days (April 3 - May 2) stood at 49.0%, down from 81.0% over the previous 30 days (March 4 - April 2) and down from 73.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Newmarket stood at 25 days when successfully sold over the last 30 days (April 3 - May 2), compared to 21 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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