$1,375,000

For sale

2 Gallacher Avenue, Richmond Hill (Oak Ridges) - Single Family for Sale

2 Gallacher Avenue, Richmond Hill (Oak Ridges), Ontario, L4E2W9

3 beds2 baths6 parking1,300 ft²75 × 201 ft (15,118 sq ft) lot sizeListed 26 days ago

Overview

This 3-bedroom, 2-bathroom home in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Listed at $1,375,000, it is attractively priced about 13% below the $1,588,000 median asking price in Richmond Hill. It has been on the market 26 days, fresher than the Richmond Hill average of 58 days.

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Description

This charming bungalow was built in 1963 and offers lots of opportunity for a renovation or rebuild. Situated on a quiet street and a beautifully treed 75 x 200 ft rectangular shaped lot with lovingly curated gardens. Three bedrooms are located on the main floor and share a bright bathroom with a skylight. The attached two car garage offers ample space for parking or storage and walks out to the backyard. Within walking distance of the East Humber Trail system and many amenities including the ample shops and restaurants on Yonge St. Within an hour or less drive to Toronto or take the GO train in from either the King, Gormley, or Bloomington Stations. Nearby to many-top-tier schools including The Country Day School, Villanova College, Seneca College, St. Andrew's College, and more. This property is undeniably special, much admired, and ready for the next owner. (id:66096)

Property Details

MLS®: N13883244
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 75 × 201 ft (15,118 sq ft)
Frontage: 75 ft
Storeys: 1
Style: Bungalow
Basement: Separate entrance, N/A
Heating: Radiant heat, Oil
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 3.5 x 1.2 meters
Living room: 5.8 x 3.6 meters
Dining room: 3.8 x 3.4 meters
Kitchen: 4.5 x 3.2 meters
Bathroom: 2.6 x 1.6 meters
Primary Bedroom: 4.3 x 2.9 meters
Bedroom 2: 3.1 x 3 meters
Bedroom 3: 3.1 x 2.7 meters

Lower level

Bathroom: 2.1 x 1.7 meters
Recreational, Games room: 6.7 x 5.8 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Freezer, Hood Fan, Blinds, Water Heater
Flooring: Concrete, Tile, Hardwood, Carpeted, Vinyl
Foundation: Block
Exterior: Wood, Brick
Lot Features: Wooded area, Conservation/green belt, Sump Pump

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Richmond Hill (Oak Ridges) listings, avg age

58d

Price / ft²

$1,058

List price

$1.38M

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 (Oak Ridges) has been listed for 26 days, which is 32 days fresher than the city average of 58. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · TATIANA KAY HERMANNS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,375,000, about 10.8× the local median household income of $127,000.

Carrying it typically needs a household income of about $268,586 (20% down, 25-yr amortization, stress-tested) — roughly 111% 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)

$1,375,000· $1,058/ft²

For sale

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Full Cost Breakdown

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Down Payment8.18% · $112,500

Min 8.18%50%

Mortgage payment$7,000/mo

↳ CMHC premium ($50,500 capitalized)

Property tax (est.)$548/mo

Total monthly$7,548

Cash Needed to Close

Down payment (8.18%)$112,500

Land transfer tax$23,975

Est. closing costs$6,625

Total cash needed$143,100

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