70 Richmond Street, Richmond Hill, ON

$1,298,000
MLS#:N9371422
3 beds
2 baths
6.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mill Pond. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,298,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 50 x 152.74 ft lot size
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Unique Custom Design by Murray Marshall of Murray, Marshall, Cresswell Architects, who designed Sherway Gardens, Square One, and the iconic Yorkminster United Church at 401 and Yonge St. among many others landmark Toronto buildings.Quality Materials used. Ranch-style Bungalow with a west coast flair on a mature south facing Lot.Open concept upstairs and downstairs brightened by large south facing windows. Features many solid Wood features including cedar throughout including ceiling in kitchen and basement. The kitchen overlooks front Courtyard with Stone Walkway and Pergola, Prime bedroom has walk-out to private Deck, Separate Entrance to bright and dry basement could easily be transformed into desirable apartment with cozy gas fireplace.Large principle rooms, Baths, Laundry and Workshop . Same owner since built! Perfect Opportunity for someone that likes to renovate and there is room to extend ! Located in a perfect spot close to Yonge/Mill Pond

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 30, 2024
Sold price information is available to members only
Listed Date9/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size50 × 152.74 Feet
CountyYork
Annual Tax$6,522.97
Legal DescriptionLot 14, Plan 1879 Richmond Hill

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Lake/Pond, Hospital, Fenced Yard

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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70 Richmond Street, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 70 Richmond Street, Richmond Hill, ON L4C 3Y4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate5.25%
Down Payment$259,600 (20.0%)
* Minimum Canadian down payment required for this price is $259,600.
Amortization Period25 Years
Estimated Monthly Payment$6,188Based on a loan of $1,038,400 over 25 years.
Purchase Price$1,298,000
Loan Amount$1,038,400
Provincial Land Transfer Tax:$22,435
Total Estimated Closing Taxes:$22,435

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,298,000 in Richmond Hill, the legal minimum down payment is $259,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,435 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,435.

Nearby Listings

Distance:

No current listings found in Richmond Hill.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mill Pond, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,599,169

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

O M MacKillop
Public206 Lucas Street, Richmond Hill, Ontario, L4C 4P7
5.8
St Mary Immaculate
Public161 Regent Street, Richmond Hill, Ontario, L4C 9N9
8.7
Pleasantville
Public400 Mill Street, Richmond Hill, Ontario, L4C 4B9
6.6
Silver Pines
Public112 Stave Crescent, Richmond Hill, Ontario, L4C 9J2
7.1
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8

Secondary Schools

Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.