10 William Adams Lane, Richmond Hill

Price: $1,098,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13124476

Newly built and beautifully maintained, this elegant 3+l bedroom, 4-bath freehold townhouse in the highly sought-after Rouge Woods community offers approximately 2,377 sq.ft. of bright, modern living space. With sunny south-facing exposure, expansive windows, and thoughtful upgrades, the home is filled with natural light throughout. Features include 9-ft ceilings on the main and second floors, two balconies, upgraded LED lighting, tasteful window coverings, and a private backyard - a rare offering among newer townhomes.The ground floor welcomes you with a spacious foyer, closet, and a versatile office/den complete with kitchenette, laminate flooring, balcony access, and direct garage entry. This level also connects to the finished basement featuring a private bedroom with a 3-piece ensuite, ideal for extended family, guests, or a quiet workspace.The second floor showcases an open-concept living and dining area with laminate flooring, a storage closet, and oversized south-facing windows creating a warm, inviting ambiance. The oversized chef-inspired kitchen features a centre island, stainless steel appliances, tile flooring, and a bright breakfast area with walkout to the second balcony overlooking the backyard - perfect for everyday living and entertaining. A convenient powder room completes the level.The third floor offers three generously sized bedrooms with modern window coverings. The sun-filled primary suite features a tray ceiling reaching an impressive 10-ft peak height, a large walk-in closet, and a private 3-piece ensuite. A second full bathroom and third-floor laundry add everyday comfort and practicality.Situated in one of Richmond Hill''s most desirable neighbourhoods, this home is surrounded by top-ranked schools including Redstone PS, Bayview Secondary School's IB Program, and Richmond Green SS. Minutes to Costco, Home Depot, Shoppers Drug Mart, cafés, restaurants, Richmond Green Sports Centre & Park, Hwy 404, major commuter routes, and Richmond

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$1,098,000 - 10 William Adams Lane, Richmond Hill

Townhouse for Sale in Richmond Hill

36 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13124476
Property Type
Townhouse
Status
active
Days on Site
36
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Newly built and beautifully maintained, this elegant 3+l bedroom, 4-bath freehold townhouse in the highly sought-after Rouge Woods community offers approximately 2,377 sq.ft. of bright, modern living space. With sunny south-facing exposure, expansive windows, and thoughtful upgrades, the home is filled with natural light throughout. Features include 9-ft ceilings on the main and second floors, two balconies, upgraded LED lighting, tasteful window coverings, and a private backyard - a rare offering among newer townhomes.The ground floor welcomes you with a spacious foyer, closet, and a versatile office/den complete with kitchenette, laminate flooring, balcony access, and direct garage entry. This level also connects to the finished basement featuring a private bedroom with a 3-piece ensuite, ideal for extended family, guests, or a quiet workspace.The second floor showcases an open-concept living and dining area with laminate flooring, a storage closet, and oversized south-facing windows creating a warm, inviting ambiance. The oversized chef-inspired kitchen features a centre island, stainless steel appliances, tile flooring, and a bright breakfast area with walkout to the second balcony overlooking the backyard - perfect for everyday living and entertaining. A convenient powder room completes the level.The third floor offers three generously sized bedrooms with modern window coverings. The sun-filled primary suite features a tray ceiling reaching an impressive 10-ft peak height, a large walk-in closet, and a private 3-piece ensuite. A second full bathroom and third-floor laundry add everyday comfort and practicality.Situated in one of Richmond Hill''s most desirable neighbourhoods, this home is surrounded by top-ranked schools including Redstone PS, Bayview Secondary School's IB Program, and Richmond Green SS. Minutes to Costco, Home Depot, Shoppers Drug Mart, cafés, restaurants, Richmond Green Sports Centre & Park, Hwy 404, major commuter routes, and Richmond

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,856.82/mo

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5-yr fixed avg.

Principal: $878,400Interest: $578,647
Mortgage Amount$878,400
Total Interest$578,647
Est. Property Tax$778/mo
Total Cost$1,457,047

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Richmond Hill

Discover Richmond Hill

Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Richmond Hill

  • Convenient location in Richmond Hill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 William Adams Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,073

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $732/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    10 William Adams Lane, Richmond Hill | $1,098,000 | Battaglia Team