$1,388,000

For sale

1 Lourakis Street, Richmond Hill (Jefferson) - Single Family for Sale

1 Lourakis Street, Richmond Hill (Jefferson), Ontario, L4E0J6

3 beds3 baths3 parking2,250 ft²63 × 89 ft (5,615 sq ft) lot sizeListed 95 days ago

Overview

This 3-bedroom, 3-bathroom home in Richmond Hill is for sale offering roughly 2,250 sq ft of space. Listed at $1,388,000, it is attractively priced about 7% below the $1,499,000 median asking price in Richmond Hill.

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Description

Welcome To This Stunning 63.29 Ft Wide Corner Lot Home In Macleods Landing, Richmond Hill! Filled With Natural Light, It Features A Soaring Open-To-Above Living Room, 9 Ft Ceilings, And Hardwood Floors Throughout. The Backyard Is An Entertainers Dream With Over $100K In Upgrades, Including A Gazebo And Covered Gas BBQ Area. Additional Highlights Include An Oversized Veranda, Higher-Ceiling Garage And Powder Room. Extra-Large Cold Room, And Parking For 1 Garage + 3 Driveway Spaces. The Basement Offers Rough-In Washrooms And Potential For Separate Entrance Units. Ideally Located Close To Supermarkets, Top Schools, Scenic Trails, And Lakes. A Perfect Blend Of Luxury And Lifestyle. (id:66096)

Property Details

MLS®: N13631626
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 63 × 89 ft (5,615 sq ft)
Frontage: 63 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.01 x 3.2 meters
Dining room: 4.36 x 4.01 meters
Family room: 4.87 x 3.35 meters
Eating area: 3.34 x 4.67 meters
Kitchen: 3.34 x 4.67 meters

Second level

Primary Bedroom: 4.87 x 4.06 meters
Bedroom 2: 3.04 x 2.99 meters
Bedroom 3: 3.65 x 3.6 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Garage door opener remote(s)
Flooring: Hardwood
Foundation: Concrete
Exterior: Brick
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

95d

Richmond Hill (Jefferson) listings, avg age

34d

Price / ft²

$617

List price

$1.39M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Richmond Hill (Jefferson) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 KING'S QUAY REAL ESTATE INC. · JENNIFER LIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,388,000, about 10.9× the local median household income of $127,000.

Carrying it typically needs a household income of about $271,125 (20% down, 25-yr amortization, stress-tested) — roughly 113% above the area median.

Median household income: $127,000
Population: 54,606
Median age: 40.4
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4E)

$1,388,000· $617/ft²

For sale

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Full Cost Breakdown

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Down Payment8.20% · $113,800

Min 8.20%50%

Mortgage payment$7,064/mo

↳ CMHC premium ($50,968 capitalized)

Property tax (est.)$566/mo

Total monthly$7,630

Cash Needed to Close

Down payment (8.20%)$113,800

Land transfer tax$24,235

Est. closing costs$6,664

Total cash needed$144,699

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