$1,400,000

For sale

4 Wendy Way, Richmond Hill (Oak Ridges) - Single Family for Sale

4 Wendy Way, Richmond Hill (Oak Ridges), Ontario, L4E2V6

5 beds2 baths5 parking65 × 115 ft (7,475 sq ft) lot sizeListed 117 days ago

Overview

This 5-bedroom, 2-bathroom home in Richmond Hill is for sale. Listed at $1,400,000, it is attractively priced about 12% below the $1,599,000 median asking price in Richmond Hill.

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Description

4 Wendy Way is suited to accommodate a couple of generations if a multi generational set up is what you desire. A 3 bedroom bungalow with a finished lower level that contains an in-law suite. Main floor is complete with Living and dining room off the kitchen along with 3 bedrooms. Lower levels family room is open to your eating area and kitchen and offers 2 more bedrooms. A great investment opportunity for first time buyer or someone needing accommodation for a caregiver or extended family or simply looking for extra income. Transportation options in this area include; YRT bus service & GO station near by. Community centers, a number of educational facilities, Medical Centre and all amenities can be found in the friendly hub of Oak Ridges. Access to your major travel routes are close at hand, Hwy 400 to the West and 404 to the east. (id:66096)

Property Details

MLS®: N13553980
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 5
Lot Size: 65 × 115 ft (7,475 sq ft)
Frontage: 65 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,344/yr
Listed

Rooms

Main level

Living room: 5.18 x 4.06 meters
Dining room: 2.43 x 2.13 meters
Kitchen: 3.96 x 3.04 meters
Primary Bedroom: 3.65 x 2.69 meters
Bedroom 2: 3.14 x 2.69 meters
Bedroom 3: 3.12 x 2.59 meters

Basement

Living room
Kitchen
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, Dryer, Two stoves, Two Refrigerators
Flooring: Laminate
Foundation: Block
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

117d

Richmond Hill (Oak Ridges) listings, avg age

58d

List price

$1.40M

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 (Oak Ridges) 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 RIGHT AT HOME REALTY · KENNETH G. BLYTH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,400,000, about 11.0× the local median household income of $127,000.

Carrying it typically needs a household income of about $273,469 (20% down, 25-yr amortization, stress-tested) — roughly 115% 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)

$1,400,000

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.21% · $115,000.00

Min 8.21%50%

Mortgage payment$7,124/mo

↳ CMHC premium ($51,400 capitalized)

Property tax (est.)$445/mo

Total monthly$7,570

Cash Needed to Close

Down payment (8.21%)$115,000

Land transfer tax$24,475

Est. closing costs$6,700

Total cash needed$146,175

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