$1,216,000

For sale

21 Iron Horse Avenue, Richmond Hill (Langstaff) - Single Family for Sale

21 Iron Horse Avenue, Richmond Hill (Langstaff), Ontario, L4B4H2

5 beds4 baths3 parking1,750 ft²Listed 27 days ago

Overview

This 5-bedroom, 4-bathroom home in Richmond Hill is for sale offering roughly 1,750 sq ft of space. Listed at $1,216,000, it is attractively priced about 38% below the $1,949,000 median asking price in Richmond Hill. It has been on the market 27 days, fresher than the Richmond Hill average of 51 days.

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Description

BRIGHT & BEAUTIFULLY RENOVATED CORNER-UNIT FREEHOLD TOWNHOME in a highly sought-after Richmond Hill neighbourhood! Approx. 1,850 sq. ft. plus a FINISHED BASEMENT, offering exceptional space for the whole family. This move-in-ready home features 3 spacious bedrooms, a functional open-concept layout, renovated kitchen & bathrooms, upgraded flooring throughout the upper level with NO CARPET, and large windows bringing in an abundance of natural light. OVER $50,000 SPENT ON UPGRADES & RENOVATIONS! The FINISHED BASEMENT features a kitchen, bathroom & 2 additional rooms, providing excellent additional living space for a recreation room, home office or guest area. Enjoy a fully fenced backyard, private driveway and direct garage access. 3 parking spaces- 1 garage+ 2 driveway. Located in a TOP-RANKED SCHOOL AREA, close to parks, shopping, restaurants, public transit, Hwy 7 & 407. NO MAINTENANCE FEES! A rare opportunity to own a spacious, upgraded END-UNIT FREEHOLD TOWNHOME in one of Richmond Hill's most desirable family-friendly communities. BRIGHT, SPACIOUS & MOVE-IN READY! (id:66096)

Property Details

MLS®: N13876778
Property Type: Single Family
Zoning: Residential
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Frontage: 8 m
Storeys: 2
Basement: Finished, Apartment in basement, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $5,962/yr
Listed

Rooms

Main level

Living room: 4.92 x 4.02 meters
Dining room: 4.92 x 4.02 meters
Kitchen: 2.95 x 3 meters
Eating area: 3.05 x 3 meters
Laundry room: 4.35 x 1.88 meters

Second level

Primary Bedroom: 5.42 x 3.79 meters
Bedroom 2: 3.25 x 4 meters
Bedroom 3: 3.95 x 3.73 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, Stove, Dryer, Oven - Built-In, Blinds, Window Coverings, Garage door opener remote(s)
Flooring: Carpeted, Ceramic
Foundation: Brick
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$695

List price

$1.22M

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 5-bed single family in Richmond Hill (Langstaff) has been listed for 27 days, which is 24 days fresher than the city average of 51. Act while there is still low competition.

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Listed by JDL REALTY INC. · KELLY XUE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $1,216,000, about 12.5× the local median household income of $97,000.

Carrying it typically needs a household income of about $237,527 (20% down, 25-yr amortization, stress-tested) — roughly 145% 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)

$1,216,000· $695/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.94% · $96,600

Min 7.94%50%

Mortgage payment$6,206/mo

↳ CMHC premium ($44,776 capitalized)

Property tax (est.)$497/mo

Total monthly$6,703

Cash Needed to Close

Down payment (7.94%)$96,600

Land transfer tax$20,795

Est. closing costs$6,148

Total cash needed$123,543

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