$1,980,000
For sale: Detached

Situated on a premium corner lot surrounded by luxury estates in prestigious South Richvale, this beautifully updated bungalow offers incredible versatility for homeowners, investors, or redevelopment potential (buyers to verify zoning independently). The bright main floor features hardwood floors, recessed lighting, and a modern kitchen with granite countertops and stainless steel appliances, alongside spacious living areas and a primary bedroom with an ensuite. The fully finished lower level adds exceptional income or generational value with two self-contained suites-one 2-bedroom and one 1-bedroom-each complete with its own kitchen , bath, laundry, and large windows. Outside, enjoy a multi-vehicle interlock driveway, a private fenced yard, energy-efficient foam insulation, and a wired surveillance system. Everything is move-in ready, just steps from Yonge Street, transit (Richmond Hill Centre Terminal, GO station), parks, stop schools, and major highways (Hwy 407 & Hwy 7).
Sold data
Detached homes in Richmond Hill (South Richvale) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 275 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $1,499,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 275 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (South Richvale) 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.
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