$1,428,000

For sale

69 Elm Avenue, Richmond Hill (Langstaff) - Single Family for Sale

69 Elm Avenue, Richmond Hill (Langstaff), Ontario, L4C6K8

3 beds3 baths6 parking2,250 ft²56 × 182 ft (10,218 sq ft) lot sizeListed 57 days ago

Overview

This 3-bedroom, 3-bathroom home in Richmond Hill is for sale offering roughly 2,250 sq ft of space. Listed at $1,428,000, it is attractively priced about 27% below the $1,949,000 median asking price in Richmond Hill.

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Description

Great Investment! Extremely bright sun filled property on a large lot with a huge backyard. Fantastic location in one of the most prestigious areas of Richmond Hill (Bayview Hunt Club) in desirable community of Langstaff. Situated among multimillion dollar homes. Long driveway that can accommodate 6 vehicles. large front porch. Desirable open concept layout with very large, combined living room / dining room, bright bay windows, hardwood floors and French doors. Spacious kitchen with breakfast area,built-in desk and a walk-out to a large concrete porch. Three separate entries. Direct access to the garage. Large family room with fireplace that includes a walk out to the patio. MOSTLY LAND VALUE. (id:66096)

Property Details

MLS®: N13754432
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 56 × 182 ft (10,218 sq ft)
Frontage: 56 ft
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $9,625.35/yr

Rooms

Main level

Living room: 5.08 x 4.15 meters
Dining room: 4.11 x 3.03 meters
Kitchen: 4.43 x 3.49 meters
Eating area: 4.09 x 3.55 meters

Upper Level

Primary Bedroom: 4.54 x 4.3 meters
Bedroom 2: 3.44 x 3.44 meters
Bedroom 3: 3.6 x 2.92 meters

Lower level

Family room: 4.99 x 3.94 meters

Basement

Recreational, Games room

Features

Appliances: Washer, Water softener, Oven, Dryer, Cooktop, Two Refrigerators
Flooring: Hardwood, Ceramic
Foundation: Block
Exterior: Brick
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

57d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$635

List price

$1.43M

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 (Langstaff) 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 HOMELIFE CLASSIC REALTY INC. · JILA KATIRAEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,428,000, about 16.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $278,938 (20% down, 25-yr amortization, stress-tested) — roughly 224% 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)

$1,428,000· $635/ft²

For sale

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Full Cost Breakdown

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Down Payment8.25% · $117,800.00

Min 8.25%50%

Mortgage payment$7,264/mo

↳ CMHC premium ($52,408 capitalized)

Property tax (est.)$802/mo

Total monthly$8,066

Cash Needed to Close

Down payment (8.25%)$117,800

Land transfer tax$25,035

Est. closing costs$6,784

Total cash needed$149,619

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