$1,280,000

For sale

40 Chiara Rose Lane, Richmond Hill (Oak Ridges) - Single Family for Sale

40 Chiara Rose Lane, Richmond Hill (Oak Ridges), Ontario, L4E1H4

3 beds4 baths2 parking2,750 ft²$167/mo condo feeListed 37 days ago

Overview

This 3-bedroom, 4-bathroom condo in Richmond Hill is for sale offering roughly 2,750 sq ft of space. It has been on the market 37 days, fresher than the Richmond Hill average of 58 days.

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Description

Refined Luxury Living In Prestigious Oak Ridges. Welcome To 40 Chiara Rose Lane, An Elegant Semi Detached Residence Showcasing 2442 Sq Ft Of Modern Design Excellence In One Of Richmond Hill's Most Coveted Communities. Perfectly Blending Sophisticated Style With Timeless Comfort, This Home Offers A Rare Combination Of Luxury Finishes, Smart Home Technology, And A Prime Location Surrounded By Nature, Golf Courses, And Top-Rated Schools. Step Inside To Experience Airy 10 Ft Ceilings On The Main Floor And 9 Ft Ceilings On The Ground And Upper Levels, Complemented By Wide-Plank Hardwood Flooring, 8 Ft Doors, And Custom Millwork Throughout. The Chef-Inspired Kitchen Features A Sub-Zero And Wolf Appliance Package, Waterfall Quartz Island, And Designer Gold Hardware With Under-Cabinet Lighting, The Perfect Centerpiece For Entertaining. The Primary Retreat Impresses With A Spa-Inspired 5 Pc Ensuite, And A Custom Walk-In Closet. Enjoy The Outdoors With A Large Terrace And Two Additional Balconies, Ideal For Relaxation And Fresh Air. Flexible Lower Level With Walk-Up Access, Great Potential For An In-Law Or Nanny Suite Or Potential Income, Adding Versatility And Value To The Home. Located Minutes To Lake Wilcox, Bond Lake, Multiple Golf Courses, Boutiques, Fine Dining, Libraries, Top Schools And Scenic Trails. With Quick Access To Transit And Major Highways Ensures Effortless Commuting And Connectivity. This Home Delivers A Lifestyle Of Comfort And Prestige...Over $150K In Upgrades. Garage Door Opener Installed. Four Outdoor Spaces Including Terrace And Two Balconies (id:66096)

Property Details

MLS®: N13838342
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 2
Interior Size: 2,750 ft²
Lot Size: 24 × 90 ft (2,160 sq ft)
Frontage: 24 ft
Storeys: 3
Basement: Unfinished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Condo Fee: $167/mo
Fee Includes

Rooms

Ground level

Recreational, Games room: 5.63 x 2.05 meters

Second level

Kitchen: 3.05 x 2.59 meters
Dining room: 3.47 x 3.05 meters
Family room: 5.63 x 4.11 meters

Third level

Primary Bedroom: 4.11 x 3.35 meters
Bedroom 2: 2.8 x 2.74 meters
Bedroom 3: 2.74 x 2.74 meters

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

Features

Appliances: Refrigerator, Dishwasher, Wine Fridge, Range, Freezer, Hood Fan, Blinds, Garage door opener, Garage door opener remote(s)
Flooring: Hardwood, Ceramic
Foundation: Concrete
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

37d

Richmond Hill (Oak Ridges) listings, avg age

58d

Price / ft²

$465

List price

$1.28M

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 37 days, which is 21 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HOMELIFE FRONTIER REALTY INC. · OLGA PARKHOMENKO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,280,000, about 10.1× the local median household income of $127,000.

Carrying it typically needs a household income of about $250,029 (20% down, 25-yr amortization, stress-tested) — roughly 97% 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)

$1,280,000· $465/ft²

For sale

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Full Cost Breakdown

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Down Payment8.05% · $103,000

Min 8.05%50%

Mortgage payment$6,525/mo

↳ CMHC premium ($47,080 capitalized)

Property tax (est.)$435/mo

Condo fee$167/mo

Total monthly$7,127

Cash Needed to Close

Down payment (8.05%)$103,000

Land transfer tax$22,075

Est. closing costs$6,340

Total cash needed$131,415

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