705 Lake Ridge Rd S

FOR SALE
$3,700,000
705 Lake Ridge Rd S, Whitby
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
705 Lake Ridge Rd S
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2 + 2
BEDROOMS
4
BATHROOMS
2
KITCHENS
6 + 3
ROOMS
E9047841
MLSID
Contact Us
Property Description
Welcome to this Magnificent Breathtaking Custom Built Stone/Brick Home Situated on a 6.24 Acre Ravine Lot. This is Where You Can Find The Tranquility And Beauty of Nature as you Relax Inside or Out on your Surrounding Patios. The Lot is Accented by Awesome Landscaping and Beautifully Manicured Lawn. The Main Floor Features Many Luxurious Finishes with the Grand Entrance Opening into Large Great Room with Soaring Ceilings, Custom Built Fireplace, Separate Dining, Eat In Kitchen with Top of the Line Built In Appliances and Large Center Island with Granite Counter Top. Adjoining the Kitchen is a Cosy Breakfast Nook Leading out to a Large Deck and Beautiful Green Space. Mainfloor has 2 Large Size Bedrooms, 2 Full Baths, 1 2PC Bath and a Laundry Room. The House is Accessable Through the Amazing Garage with Very High Ceiling which could accomodate a Hoist to House a 4th Car. W/O Basement is Complete and Ready to Accomodate the In-Laws. Main Floor has all Hardwood Floors. Show with Confidence.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-08 2024-07-19 72 $4,500,000 - Terminated
Extras
All measurements and taxes to be verified by buyer and / or Buyer's Agent. 2 Separate Laundry Rooms 1 main, 1 lower.
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3500-5000
Lot Size
273,629' x 2,139'
Acreage
5-9.99
Lot Irregularities
650.20ft x 421.89ft x 648.12f x 421.30f
Fronting
East
Taxes
$16,624 (2023)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
17
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Great RmMain19.29' x 15.98'Hardwood Floor, Brick Fireplace, Open Concept
DiningMain14.17' x 12.99'Separate Rm, Hardwood Floor
KitchenMain15.29' x 13.98'B/I Appliances, Centre Island, Granite Counter
BreakfastMain12.99' x 11.98'Combined W/Kitchen, Ceramic Floor, W/O To Sundeck
Prim BdrmMain14.99' x 16.99'Gas Fireplace, W/I Closet, 4 Pc Ensuite
2nd BrMain12.60' x 16.57'3 Pc Bath, Closet
3rd BrBsmt11.88' x 21.65'
4th BrBsmt16.99' x 19.59'
LivingBsmt13.98' x 17.59'
KitchenBsmt16.70' x 16.17'Combined W/Dining, W/O To Garden
RecBsmt17.19' x 28.87'W/O To Garage
Whitby Market Statistics
Whitby Price Trend
705 Lake Ridge Rd S is a 2-bedroom 4-bathroom home listed for sale at $3,700,000, which is $2,832,700 (326.6%) higher than the average sold price of $867,300 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Whitby declined by $61,477 (6.6%) compared to the previous 30 day period (September 21 - October 20) and down $110,866 (11.3%) from the same time one year ago.
Inventory Change
There were 10 2-bedroom homes listed in Whitby over the last 30 days (October 21 - November 19), which is down 0.0% compared with the previous 30 day period (September 21 - October 20) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Whitby typically sold ($6,088) (0.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $20,856 increase compared to the previous 30 day period (September 21 - October 20) and ($14,798) 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 homes in Whitby over the last 30 days (October 21 - November 19) stood at 90.0%, down from 90.0% over the previous 30 days (September 21 - October 20) and down from 120.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Whitby stood at 17 days when successfully sold over the last 30 days (October 21 - November 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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