$1,098,000

For sale

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129 Lacewood Drive, Richmond Hill (Westbrook) - Single Family for Sale

129 Lacewood Drive, Richmond Hill (Westbrook), Ontario, L4S0E5

3 beds3 baths4 parking ft²

45 Hiram Road, Richmond Hill (Westbrook), Ontario, L4C9E6

7 bd5 ba9 pk3,250 ft²Lot size 90 × 148 ft (13,219 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

2 Kirkland Court, Richmond Hill (Westbrook), Ontario, L4C9J1

For saleJust listed

2 days ago

$1.26M

2 Kirkland Court, Richmond Hill (Westbrook), Ontario, L4C9J1

4 bd4 ba4 pk2,250 ft²Lot size 42 × 108 ft (4,516 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

17 Rothbury Road, Richmond Hill (Westbrook), Ontario, L4S1K6

For saleJust listed

5 days ago

$6.89M

17 Rothbury Road, Richmond Hill (Westbrook), Ontario, L4S1K6

5 bd3 ba13 pk4,250 ft²Lot size 220 × 315 ft (1.59 acres)

Listed by REMAX YOUR COMMUNITY REALTY

104 Topham Crescent, Richmond Hill (Westbrook), Ontario, L4C9E7

For saleJust listed

6 days ago

$1.60M

104 Topham Crescent, Richmond Hill (Westbrook), Ontario, L4C9E7

6 bd4 ba7 pk3,250 ft²Lot size 50 × 118 ft (5,896 sq ft)

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Investment analysis

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$1,098,000

Richmond Hill

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Overview

This 3-bedroom, 3-bathroom home in Richmond Hill is for sale offering roughly 1,750 sq ft of space. Listed at $1,098,000, it is attractively priced about 31% below the $1,599,000 median asking price in Richmond Hill. It has been on the market 17 days, fresher than the Richmond Hill average of 46 days.

Houses for Sale in Richmond Hill →All real estate in Richmond Hill →

Property Details

MLS®: N14092694
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 20 × 118 ft (2,360 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,237.12/yr
Listed: 17 days ago

Rooms

Main level

Living room: 5.85 x 3.65 meters
Kitchen: 3.83 x 2.77 meters
Eating area: 3.83 x 3.29 meters

Second level

Primary Bedroom: 6.82 x 3.79 meters
Bedroom 2: 5.25 x 2.88 meters
Bedroom 3: 4.23 x 2.84 meters
Study: 1.85 x 1.5 meters

Basement

Great room: 5.71 x 4.27 meters

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

Market Timing

Days on market

17d

Richmond Hill (Westbrook) listings, avg age

46d

Price / ft²

$627

List price

$1.10M

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.

Area context

Neighbourhood profile (L4S)

This home lists at $1,098,000, about 9.2× the local median household income of $119,000.

Carrying it typically needs a household income of about $214,478 (20% down, 25-yr amortization, stress-tested) — roughly 80% above the area median.

Median household income: $119,000
Population: 36,688
Median age: 43.2
Owner / renter: 85% / 15%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L4S)

$1,098,000· $627/ft²

For sale

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Full Cost Breakdown

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Down Payment7.72% · $84,800

Min 7.72%50%

Mortgage payment$5,617/mo

↳ CMHC premium ($40,528 capitalized)

Property tax (est.)$436/mo

Total monthly$6,054

Cash Needed to Close

Down payment (7.72%)$84,800

Land transfer tax$18,435

Est. closing costs$5,794

Total cash needed$109,029

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

129 Lacewood Drive, Richmond Hill (Westbrook) - Single Family for Sale

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Description

Property Details

Rooms

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Market Timing

Location

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Neighbourhood profile (L4S)

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