The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A RARE 61' X 160' PRIME LOT WITH BUNGALOW OFFERING OVER 2,400 SQFT OF TOTAL LIVING SPACE IN A DESIRABLE RICHMOND HILL COMMUNITY! Exceptional opportunity for homeowners, investors and builders! This expansive property offers a generous lot, versatile living space and outstanding potential. Double car garage and extended driveway fit up to 10 cars. Covered front porch w/ outdoor lighting creates a welcoming first impression. Step inside to a foyer w/ mirrored closet, leading to a bright, spacious living and dining area featuring crown moulding and upgraded flooring (2025). Freshly painted walls all throughout. Upgraded kitchen offers a window for natural light, a stylish backsplash, a breakfast bar and a separate coffee station, complete w/ fridge, stove/oven and built-in microwave w/ hood fan. Adjoining breakfast area w/ window provides comfortable space for everyday meals. Three generously-sized bedrooms, each w/ closet space & window. Upgraded 4pc bathroom w/ new cabinetry, a tub and a shower, completes the main level. Downstairs, fully finished lower level w/ walk-up separate entrance adds valuable flexibility. Open-concept recreation room featuring a new gas fire insert, 4th bedroom, newly renovated 3pc bathroom w/ upgraded shower & an additional room w/ built-in cabinetry, ideal for a home office, gym or extra storage. The flexible layout offers excellent possibilities for extended family living. Outside, enjoy a beautifully landscaped yard w/ 6ft high wooden fence, 2 Autumn Fantasy Maple Tree trees for privacy & an expansive patio ideal for outdoor dining, entertaining and relaxing. Conveniently located in Richmond Hill, near parks, schools, public transit, Rutherford Marketplace, Hillcrest Mall, Hillcrest Heights Park, Richvale Community Centre, and more! A generous lot, ample parking and flexible living space make this property an appealing opportunity for families and investors exploring land value in an established area! **Some photos are virtually staged.
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,183/mo
Mortgage (principal + interest)$4,489
Property taxFrom listing: $8,323/yr$694
Minimum $95,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$240,000
Ontario land transfer taxProvincial brackets, no first-time refund$20,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$263,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
