$975,000

For sale

284 King Road, Richmond Hill (Oak Ridges) - Single Family for Sale

284 King Road, Richmond Hill (Oak Ridges), Ontario, L4E1H3

3 beds3 baths4 parking1,300 ft²$169/mo condo feeListed 49 days ago

Overview

This 3-bedroom, 3-bathroom condo in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Its $975,000 asking price sits right in line with the $975,000 median in Richmond Hill. It has been on the market 49 days, fresher than the Richmond Hill average of 59 days.

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Description

A Rare Opportunity To Own A Distinguished Freehold End-Unit Townhome Offering An Exceptional Combination Of Space, Privacy And Refined Living In The Heart Of Oak Ridges. This Impressive 3-Bedroom, 3-Bathroom Residence Offers A Generous And Thoughtfully Designed Layout With The Comfort And Presence Buyers Often Seek In A Detached Home, Combined With The Convenience Of Townhome Living. Soaring Ceilings, Hardwood Flooring, Oak Stairs And An Elegant Open-Concept Layout Create A Bright And Sophisticated Interior. The Gourmet Kitchen Features Stainless Steel Appliances, Granite Countertops, A Breakfast Area And Direct Access To A Spacious Terrace, Perfect For Outdoor Dining And Entertaining. The Primary Retreat Offers A Walk-In Closet And Private Ensuite, While The Third Bedroom Features Its Own Balcony For An Added Touch Of Luxury. Beyond The Home, Oak Ridges Offers An Exceptional Lifestyle Surrounded By Nature, Recreation And Everyday Convenience. Enjoy Easy Access To Lake Wilcox, Parks, Trails, Community Facilities, Schools, Groceries, Restaurants, Cafés, Shops, Services And Public Transit. An Exceptional Opportunity For Buyers Seeking A Spacious End-Unit Freehold Home, Added Privacy And A Connected Community Lifestyle In One Of Richmond Hill's Most Desirable Neighbourhoods. (id:66096)

Property Details

MLS®: N13790460
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 25 × 66 ft (1,644 sq ft)
Frontage: 25 ft
Storeys: 3
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Condo Fee: $169/mo
Fee Includes

Rooms

Ground level

Study: 3.63 x 2.43 meters

Main level

Kitchen: 5.79 x 3.86 meters
Eating area: 5.79 x 3.86 meters
Dining room: 5.8 x 6.53 meters
Living room: 5.8 x 6.53 meters
Laundry room: 2.97 x 1.71 meters

Upper Level

Primary Bedroom: 4.02 x 4.04 meters
Bedroom 2: 3.31 x 4.74 meters
Bedroom 2: 2.89 x 4.06 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, Dishwasher, Dryer, Hood Fan
Flooring: Hardwood, Carpeted, Ceramic
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Richmond Hill (Oak Ridges) listings, avg age

59d

Price / ft²

$750

List price

$975K

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 49 days, which is 10 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · MOE ASGARIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $975,000, about 7.7× the local median household income of $127,000.

Carrying it typically needs a household income of about $190,452 (20% down, 25-yr amortization, stress-tested) — roughly 50% 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)

$975,000· $750/ft²

For sale

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Full Cost Breakdown

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Down Payment7.44% · $72,500

Min 7.44%50%

Mortgage payment$5,004/mo

↳ CMHC premium ($36,100 capitalized)

Property tax (est.)$420/mo

Condo fee$169/mo

Total monthly$5,592

Cash Needed to Close

Down payment (7.44%)$72,500

Land transfer tax$15,975

Est. closing costs$5,425

Total cash needed$93,900

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