$1,188,000

For sale

12 Hostel Lane, Richmond Hill (North Richvale) - Single Family for Sale

12 Hostel Lane, Richmond Hill (North Richvale), Ontario, L4C3X3

3 beds4 baths2 parking2,250 ft²27 × 64 ft (1,751 sq ft) lot sizeListed 15 days ago

Overview

This 3-bedroom, 4-bathroom home in Richmond Hill is for sale offering roughly 2,250 sq ft of space. Listed at $1,188,000, it is attractively priced about 24% below the $1,558,000 median asking price in Richmond Hill. It has been on the market 15 days, fresher than the Richmond Hill average of 62 days.

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Description

Welcome to this modern luxury 3-storey townhouse in the heart of Richmond Hill! Located on a quiet, family-friendly street in the highly desirable North Richvale community. Offering approximately 2,000-2,500 sq.ft. of bright, functional living space with 3 bedrooms and 4 bathrooms. Enjoy an open-concept layout with soaring 11-ft ceilings on the main floor, elegant living and dining areas, and a modern kitchen featuring granite countertops. Upgraded throughout with hardwood flooring, pot lights and quality finishes. Washer, dryer and existing appliances included. Conveniently located near top-rated schools, parks, shopping, restaurants, public transit and easy access to major highways. Move-in ready! (id:66096)

Property Details

MLS®: N14098708
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 27 × 64 ft (1,751 sq ft)
Frontage: 27 ft
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, No Garage
Ownership: Freehold
Property Tax: $6,198.4/yr
Listed

Rooms

Ground level

Recreational, Games room: 2.44 x 3.2 meters

Main level

Family room: 4.03 x 3.2 meters
Kitchen: 2.59 x 4.27 meters
Dining room: 5.4 x 5.22 meters
Living room: 5.4 x 5.21 meters

Upper Level

Primary Bedroom: 3.35 x 3.99 meters
Bedroom 2: 2.9 x 3.99 meters
Bedroom 3: 2.96 x 2.87 meters

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

Features

Flooring: Hardwood
Foundation: Brick
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water, Unknown
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Richmond Hill (North Richvale) listings, avg age

62d

Price / ft²

$528

List price

$1.19M

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 (North Richvale) has been listed for 15 days, which is 47 days fresher than the city average of 62. Act while there is still low competition.

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Listed by HOMELINK GPS REALTY · KELLY JIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,188,000, about 13.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $232,058 (20% down, 25-yr amortization, stress-tested) — roughly 170% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$1,188,000· $528/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.90% · $93,800

Min 7.90%50%

Mortgage payment$6,066/mo

↳ CMHC premium ($43,768 capitalized)

Property tax (est.)$517/mo

Total monthly$6,583

Cash Needed to Close

Down payment (7.90%)$93,800

Land transfer tax$20,235

Est. closing costs$6,064

Total cash needed$120,099

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