$1,199,800

$1,238,800For salePrice drop↓ $39,000 (3%)

12 Genuine Lane, Richmond Hill (Doncrest) - Single Family for Sale

12 Genuine Lane, Richmond Hill (Doncrest), Ontario, L4B0E5

4 beds4 baths2 parking2,250 ft²Listed 49 days ago

Overview

This 4-bedroom, 4-bathroom home in Richmond Hill is for sale offering roughly 2,250 sq ft of space. Listed at $1,199,800, it is attractively priced about 28% below the $1,660,000 median asking price in Richmond Hill. It has been on the market 49 days, fresher than the Richmond Hill average of 67 days.

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Description

At the intersection of luxury & elevated lifestyle! Welcome to an exceptional & modern townhouse in highly-sought Urban Towns at Bayview-nestled in a quiet, peaceful pocket. **Uniquely situated: ONE of only 6 north-south lots in the complex backing onto a parkette, unobstructed view- loads of sun & privacy.** In pristine condition- meticulously maintained & updated. The sweet spot: the 4th bedroom & ensuite on the lower level (above grade) with walk out separate entrance(s) would serve well for multiple purposes: in-law/separate suite with income potential, perfect for multi-generational families, a bright & independent home office. *** One of the valuable features of this remarkable home is that it overlooks a beautiful parkette, permanent & unobstructed view- no driveway in front and no house behind-more privacy & plenty of sunlight! *** Prime LOCATION- quick & easy access to grocery stores (Loblaws, Walmart), big box stores (Home Depot, Canadian Tire, Staples, Best Buy, Walmart), restaurants & movie theatre, minutes to Hwy 7, 407, 404, Go Train Stn, Parks, Community Centre. Highly rated schools district- i.e St.Robert Catholic HS.*** Close enough to benefit from the Yonge North SUBWAY Station and far enough to not be directly impacted by the construction- already underway. *** The open-concept main floor boasts GRAND 10' smooth ceilings, abundant natural light, sleek finishes and quality craftsmanship throughout. The GENEROUS living and dining areas provide the perfect backdrop for everyday living & entertaining, flowing seamlessly into a well-appointed kitchen with stylish cabinetry, premium appliances & plenty of storage. Convenient main floor access to balcony- easy to BBQ. Upstairs & lower level feature 9' ceiling with spacious bedrooms & ample storage space with the cherry on top of an upstairs laundry room. Be sure to view virtual tour. Ask for fully furnished option -for true turn key-most furnishings avail for sale. Some photos reflect virtual staging. (id:66096)

Property Details

MLS®: N13791548
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 2,250 ft²
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $5,763.42/yr
Listed: 49 days ago

Rooms

Main level

Family room: 3.35 x 5.72 meters
Dining room: 4.62 x 3.22 meters
Kitchen: 4.4 x 3.3 meters

Upper Level

Primary Bedroom: 3.43 x 3.48 meters
Bedroom 2: 4.4 x 2.9 meters
Bedroom 3: 3.1 x 2.72 meters

Lower level

Bedroom 4: 4.17 x 4.44 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, Dishwasher, Range, Dryer, Microwave, Freezer, Hood Fan, Window Coverings, Garage door opener
Foundation: Block, Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Richmond Hill (Doncrest) listings, avg age

67d

Price / ft²

$533

List price

$1.20M

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 4-bed single family in Richmond Hill (Doncrest) has been listed for 49 days, which is 18 days fresher than the city average of 67. Act while there is still low competition.

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Listed by HOMELIFE/BAYVIEW REALTY INC. · GOLDIE MOKHTARI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $1,199,800, about 12.4× the local median household income of $97,000.

Carrying it typically needs a household income of about $234,363 (20% down, 25-yr amortization, stress-tested) — roughly 142% above the area median.

Median household income: $97,000
Population: 36,080
Median age: 45.6
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4B)

$1,199,800· $533/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.92% · $94,980

Min 7.92%50%

Mortgage payment$6,125/mo

↳ CMHC premium ($44,193 capitalized)

Property tax (est.)$480/mo

Total monthly$6,606

Cash Needed to Close

Down payment (7.92%)$94,980

Land transfer tax$20,471

Est. closing costs$6,099

Total cash needed$121,550

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice