$989,000
For sale: Townhouse

Attention Investors & End-User Buyers! Discover the potential of this bright and spacious 2-storey, 3-bedroom freehold residence in the highly desirable, family-friendly community of Oak Ridges. Impressive two-storey windows fill the home with abundant natural light, creating a bright and airy atmosphere throughout. Featuring upgraded washrooms and a sunny south-facing backyard with a concrete patio, perfect for relaxing and entertaining.For investors, enjoy immediate rental income of $3,300/month with a wonderful long-term tenant who has kept the home exceptionally clean and well maintained for the past 3 years. As a freehold property with no monthly condo maintenance fees, it offers an attractive low-overhead investment opportunity.For end-user buyers, the cooperative tenant allows for comfortable showings, with a smooth transition to be arranged in accordance with the required process and timeline.Fantastic family-friendly location with Kettle Lakes Public School and Father Frederick McGinn Catholic Elementary School within walking distance, along with nearby daycare options. Close to shopping and everyday amenities, plus just a 7-minute drive to the beautiful trails of Bond Lake and Lake Wilcox.Whether you're looking for an investment opportunity or a place to call home, don't miss this Oak Ridges opportunity!
Sold data
Townhouse homes in Richmond Hill (Oak Ridges) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 55, across 132 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $998,000.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 132 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Oak Ridges) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$995,000
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