$1,379,000

For sale

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9 Grand Oak Drive, Richmond Hill (Oak Ridges) - Single Family for Sale

9 Grand Oak Drive, Richmond Hill (Oak Ridges), Ontario, L4E4E8

4 beds4 baths4 parking ft²

32 Bloomfield Trail, Richmond Hill (Oak Ridges), Ontario, L4E2K2

4 bd3 ba7 pk2,750 ft²Lot size 71 × 157 ft (11,231 sq ft)

Listed by RE/MAX WEST REALTY INC.

215 Coon's Road, Richmond Hill (Oak Ridges), Ontario, L4E4R3

For saleJust listed

2 days ago

$1.94M

215 Coon's Road, Richmond Hill (Oak Ridges), Ontario, L4E4R3

5 bd5 ba4 pk3,250 ft²Lot size 57 × 99 ft (5,616 sq ft)

Listed by RE/MAX EXCEL REALTY LTD.

41 Bloomfield Trail, Richmond Hill (Oak Ridges), Ontario, L4E2K5

For saleJust listed

3 days ago

$1.85M

41 Bloomfield Trail, Richmond Hill (Oak Ridges), Ontario, L4E2K5

5 bd4 ba6 pk2,750 ft²Lot size 79 × 236 ft (18,747 sq ft)

Listed by RIGHT AT HOME REALTY

57 Brightsview Drive, Richmond Hill (Oak Ridges), Ontario, L4E3Z1

For saleJust listed

6 days ago

$1.12M

57 Brightsview Drive, Richmond Hill (Oak Ridges), Ontario, L4E3Z1

3 bd3 ba3 pk1,750 ft²Lot size 69 × 115 ft (7,942 sq ft)

Listed by ZOLO REALTY

Investment analysis

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$1,379,000

Richmond Hill

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Overview

This 4-bedroom, 4-bathroom home in Richmond Hill is for sale offering roughly 1,750 sq ft of space. Listed at $1,379,000, it is attractively priced about 13% below the $1,588,000 median asking price in Richmond Hill. It has been on the market 13 days, fresher than the Richmond Hill average of 58 days.

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Description

Welcome to 9 Grand Oak Drive. Fabulous Family Friendly Oak Ridges Home. Open Concept Functional Mainfloor With Spacious Rooms. Large Master Bedroom with Sitting Area and Spa Like Ensuite. Hardwood, Ceramic and Slate Flooring Throughout. In Law Suite in Finished Basement with Kitchen, Rec Room, Bedroom and Large Closet. Entrance through Garage Mudroom. Nicely Landscaped with Fully Fenced Rear Yard and Patio Area. Walking Distance to Public and Catholic Elementary Schools and Grovewood Park a Block Away. Great for Young Growing Families or Multigenerational Living. (id:66096)

Property Details

MLS®: N14109566
Property Type: Single Family
Zoning: RWS2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 45 × 83 ft (3,735 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,867/yr
Listed: 13 days ago

Rooms

Main level

Family room: 6 x 4 meters
Dining room: 5 x 4 meters
Eating area: 4 x 3 meters
Kitchen: 4 x 3 meters

Basement

Family room: 4 x 5 meters
Bedroom 4: 4 x 4 meters
Bathroom: 2 x 1.5 meters

Second level

Primary Bedroom: 5 x 4 meters
Bathroom: 3 x 3 meters
Bedroom 2: 4 x 4 meters
Bedroom 3: 4 x 4 meters
Bathroom: 1.5 x 4 meters

In between

Mud room: 2 x 2 meters

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

Market Timing

Days on market

13d

Richmond Hill (Oak Ridges) listings, avg age

58d

Price / ft²

$788

List price

$1.38M

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.

Area context

Neighbourhood profile (L4E)

This home lists at $1,379,000, about 10.9× the local median household income of $127,000.

Carrying it typically needs a household income of about $269,367 (20% down, 25-yr amortization, stress-tested) — roughly 112% 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)

$1,379,000· $788/ft²

For sale

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Full Cost Breakdown

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Down Payment8.19% · $112,900

Min 8.19%50%

Mortgage payment$7,019/mo

↳ CMHC premium ($50,644 capitalized)

Property tax (est.)$489/mo

Total monthly$7,508

Cash Needed to Close

Down payment (8.19%)$112,900

Land transfer tax$24,055

Est. closing costs$6,637

Total cash needed$143,592

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

9 Grand Oak Drive, Richmond Hill (Oak Ridges) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4E)

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Full Cost Breakdown