$1,238,800

For sale

299 Palmer Avenue, Richmond Hill (Harding) - Single Family for Sale

299 Palmer Avenue, Richmond Hill (Harding), Ontario, L4C1P4

6 beds3 baths7 parking900 ft²50 × 105 ft (5,250 sq ft) lot sizeListed 71 days ago

Overview

This 6-bedroom, 3-bathroom home in Richmond Hill is for sale offering roughly 900 sq ft of space. Its $1,238,800 asking price sits right in line with the $1,220,000 median in Richmond Hill.

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Description

Beautifully renovated bungalow in a highly desirable neighborhood! The main floor features 3 spacious bedrooms and a sun-filled living room with a large picture window, offering exceptional natural light and a warm, inviting atmosphere. Elegant hardwood floors run throughout, complemented by a modern white kitchen with stainless steel appliances, quartz countertops, tile flooring, and a stylish backsplash-perfect for everyday living and entertaining .Enjoy a newly updated bathroom, smooth ceilings, and pot lights that enhance the bright, open feel of the home. Step outside to a private backyard featuring a huge new deck, ideal for relaxing or hosting gatherings. Extra-long private driveway with ample parking, perfect for multiple vehicles and added convenience. Fully renovated basement with excellent income potential! Featuring 3 bedrooms and 2 full bathrooms, the basement is thoughtfully designed and can be configured into two separate units with a shared kitchen. Complete with a separate entrance, this space is ideal for generating rental income or accommodating extended family. Located in the top-ranking Bayview Secondary School zone and just a short walk to Richmond Hill GO Station, offering both convenience and strong long-term value. Additional upgrades include a brand new driveway, deck, and fence with wrought iron gates. Perfect for end-users and investors alike-don't miss this exceptional opportunity! Window(2026), insulation (2022) (id:66096)

Property Details

MLS®: N13711344
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Parking: 7
Interior Size: 900 ft²
Lot Size: 50 × 105 ft (5,250 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 4.78 x 3.01 meters
Dining room: 2.82 x 2.77 meters
Kitchen: 3.47 x 2.64 meters
Primary Bedroom: 3.88 x 3.66 meters
Bedroom 2: 3.1 x 3.01 meters
Bedroom 3: 3.1 x 2.88 meters

Basement

Recreational, Games room
Kitchen
Bedroom
Bedroom
Bedroom

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

Features

Appliances: Washer, Dishwasher, Oven, Dryer, Microwave, Two stoves, Window Coverings, Two Refrigerators
Flooring: Hardwood, Laminate, Porcelain Tile
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

71d

Richmond Hill (Harding) listings, avg age

54d

Price / ft²

$1,376

List price

$1.24M

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 6-bed single family in Richmond Hill (Harding) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by JOYNET REALTY INC. · JAMES WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,238,800, about 14.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $241,981 (20% down, 25-yr amortization, stress-tested) — roughly 181% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$1,238,800· $1,376/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.98% · $98,880

Min 7.98%50%

Mortgage payment$6,320/mo

↳ CMHC premium ($45,597 capitalized)

Property tax (est.)$471/mo

Total monthly$6,791

Cash Needed to Close

Down payment (7.98%)$98,880

Land transfer tax$21,251

Est. closing costs$6,216

Total cash needed$126,347

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