$1,088,800

For sale

44 Michael Drive, Richmond Hill (North Richvale) - Single Family for Sale

44 Michael Drive, Richmond Hill (North Richvale), Ontario, L4C5W7

4 beds4 baths2 parking1,750 ft²43 × 84 ft (3,595 sq ft) lot sizeListed 22 days ago

Overview

This 4-bedroom, 4-bathroom home in Richmond Hill is for sale offering roughly 1,750 sq ft of space. Listed at $1,088,800, it is attractively priced about 30% below the $1,558,000 median asking price in Richmond Hill. It has been on the market 22 days, fresher than the Richmond Hill average of 62 days.

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Description

They simply don't build townhomes like this anymore! Welcome to 44 Michael Drive, a spacious 4-bedroom, 4-bathroom end unit townhome offering just shy of 1,600 sq. ft. above grade, tucked away on a quiet street in the heart of sought-after North Richvale neighbourhood. This home offers a layout designed for real family living. On the main floor, you'll find the kitchen featuring upgraded stainless steel appliances and lots of cupboard space. The open concept dining and living rooms offer lots of natural light and a walk-out to the beautiful backyard. Upstairs are 4 spacious bedrooms, including a primary suite with a walk-in closet and ensuite bathroom. The finished basement, with a separate entrance and it's own kitchen and bathroom adds lots of potential and flexibility for extended family or guests. The exterior of the home received a major refresh in 2024 with new siding, new high-efficiency windows, new front door & garage door. The large, private backyard with newer deck, pergola and shed features beautiful trees and provides a peaceful setting with plenty of room to relax or entertain. Major improvements mean much of the big-ticket items have already been taken care of including: upgraded R-60 attic insulation, upgraded 200 amp electrical panel, newer furnace, A/C & hot water tank (all owned). The location is truly hard to beat. North Richvale offers the best of both worlds: an established, mature neighbourhood surrounded by beautiful ravines, parks and walking trails, yet minutes from the conveniences of Yonge Street. Enjoy easy access to Hillcrest Mall, Richvale Community Centre, Lebovic Campus, numerous grocery stores and restaurants, YRT/VIVA transit and Highways 407 & 404. Offers gratefully accepted anytime- a must see home!!! (id:66096)

Property Details

MLS®: N14006248
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 43 × 84 ft (3,595 sq ft)
Frontage: 42 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.52 x 6.09 meters
Dining room: 2.27 x 2.98 meters
Kitchen: 3.43 x 2.99 meters

Second level

Primary Bedroom: 4.57 x 3.28 meters
Bedroom 2: 3.96 x 3.3 meters
Bedroom 3: 3.95 x 3.3 meters
Bedroom 4: 2.75 x 3.07 meters

Basement

Recreational, Games room: 5.42 x 5.87 meters
Kitchen: 3.19 x 4.26 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, Central Vacuum, Stove, Range, Dryer, Microwave, Freezer, Furniture, Garage door opener, Garage door opener remote(s), Water Heater
Foundation: Unknown
Exterior: Brick, Vinyl siding
Lot Features: Irregular lot size, Conservation/green belt, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Richmond Hill (North Richvale) listings, avg age

62d

Price / ft²

$622

List price

$1.09M

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 4-bed single family in Richmond Hill (North Richvale) has been listed for 22 days, which is 40 days fresher than the city average of 62. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · HEATHER D. GRIFFITHS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,088,800, about 12.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $212,681 (20% down, 25-yr amortization, stress-tested) — roughly 147% 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)

$1,088,800· $622/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.70% · $83,880

Min 7.70%50%

Mortgage payment$5,571/mo

↳ CMHC premium ($40,197 capitalized)

Property tax (est.)$402/mo

Total monthly$5,973

Cash Needed to Close

Down payment (7.70%)$83,880

Land transfer tax$18,251

Est. closing costs$5,766

Total cash needed$107,897

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice