$1,299,800

For sale

27 Lowther Avenue, Richmond Hill (Oak Ridges) - Single Family for Sale

27 Lowther Avenue, Richmond Hill (Oak Ridges), Ontario, L4E2Z6

3 beds4 baths2 parking2,250 ft²21 × 100 ft (2,050 sq ft) lot sizeListed 13 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 $1,299,800, it is attractively priced about 18% below the $1,588,000 median asking price in Richmond Hill. It has been on the market 13 days, fresher than the Richmond Hill average of 58 days.

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Description

An executive modern townhome created for the discerning buyer who appreciates the finer things in life. Ideally located just minutes from King Road and Bathurst Street in a prestigious, highly sought-after neighbourhood, this one-of-a-kind residence is a true showstopper from the moment you step through the front door. Finished from top to bottom in fresh, neutral décor, the home features soaring 9-foot ceilings, rich hardwood flooring, smooth ceilings, pot lights, crown moulding, custom drapery and striking modern light fixtures. The open-concept living and dining areas flow seamlessly into a chef-inspired kitchen appointed with top-of-the-line stainless-steel appliances, quartz countertops and an oversized breakfast island-perfect for both everyday living and elegant entertaining. The luxurious primary suite offers separate custom walk-in closets and a spa-inspired five-piece ensuite featuring a freestanding soaker tub and glass-enclosed shower. The professionally finished basement provides additional living and entertaining space, complete with a three-piece bathroom. Outside, escape to a private, fully fenced backyard showcasing professional landscaping, extensive interlocking stone and a sophisticated, low-maintenance design. With exceptional craftsmanship, high-end finishes and impeccable attention to detail throughout, this extraordinary home offers luxury, style and an exceptional lifestyle. (id:66096)

Property Details

MLS®: N14109990
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 21 × 100 ft (2,050 sq ft)
Frontage: 21 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $5,254.88/yr

Rooms

Main level

Kitchen: 3.1 x 3.97 meters
Living room: 6 x 6.09 meters
Dining room: 6 x 6.09 meters

Second level

Primary Bedroom: 3.38 x 5.12 meters
Bedroom 2: 2.91 x 4.48 meters
Bedroom 3: 2.95 x 3.41 meters
Laundry room: 1.8 x 2.88 meters

Basement

Recreational, Games room: 5.51 x 5.3 meters

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

Features

Appliances: Refrigerator, Central Vacuum, Dishwasher, Stove, Microwave, Window Coverings, Garage door opener, Garage door opener remote(s), Water Heater - Tankless
Flooring: Hardwood, Laminate, Porcelain Tile
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Cul-de-sac, Flat site, Dry, Level, Carpet Free

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Richmond Hill (Oak Ridges) listings, avg age

58d

Price / ft²

$578

List price

$1.30M

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 13 days, which is 45 days fresher than the city average of 58. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · MICHELE ANDREA DENNISTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,299,800, about 10.2× the local median household income of $127,000.

Carrying it typically needs a household income of about $253,896 (20% down, 25-yr amortization, stress-tested) — roughly 100% 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)

$1,299,800· $578/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.08% · $104,980

Min 8.08%50%

Mortgage payment$6,624/mo

↳ CMHC premium ($47,793 capitalized)

Property tax (est.)$438/mo

Total monthly$7,062

Cash Needed to Close

Down payment (8.08%)$104,980

Land transfer tax$22,471

Est. closing costs$6,399

Total cash needed$133,850

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