111 Libby Boulevard, Richmond Hill

Price: $1,349,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13089834

Welcome to 111 Libby Blvd - a beautifully upgraded bungalow in the highly sought-after Mill Pond community of Richmond Hill. Situated on a premium 64.25 x 120 ft lot surrounded by mature trees, this home offers the perfect blend of comfort, space, and value. Featuring a bright open-concept living and dining area with hardwood floors, crown moulding, and large windows, along with a functional kitchen with breakfast bar-ideal for everyday living and entertaining. The main level includes three spacious bedrooms with built-in closets. The fully finished basement with a separate entrance offers incredible flexibility with a large rec room, games area, a built-in bar, and ample storage-perfect for extended family or entertaining. A rare highlight is the detached double-car garage-ideal for a workshop, plus an extra-wide driveway with parking for up to 8 vehicles. Enjoy a private, tree-lined backyard just steps to Mill Pond, trails, top-rated schools, and amenities.

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$1,349,000 - 111 Libby Boulevard, Richmond Hill

Detached for Sale in Richmond Hill

43 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13089834
Property Type
Detached
Status
active
Days on Site
43
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
UNION CAPITAL REALTY
Description

Welcome to 111 Libby Blvd - a beautifully upgraded bungalow in the highly sought-after Mill Pond community of Richmond Hill. Situated on a premium 64.25 x 120 ft lot surrounded by mature trees, this home offers the perfect blend of comfort, space, and value. Featuring a bright open-concept living and dining area with hardwood floors, crown moulding, and large windows, along with a functional kitchen with breakfast bar-ideal for everyday living and entertaining. The main level includes three spacious bedrooms with built-in closets. The fully finished basement with a separate entrance offers incredible flexibility with a large rec room, games area, a built-in bar, and ample storage-perfect for extended family or entertaining. A rare highlight is the detached double-car garage-ideal for a workshop, plus an extra-wide driveway with parking for up to 8 vehicles. Enjoy a private, tree-lined backyard just steps to Mill Pond, trails, top-rated schools, and amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,967.08/mo

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5-yr fixed avg.

Principal: $1,079,200Interest: $710,925
Mortgage Amount$1,079,200
Total Interest$710,925
Est. Property Tax$956/mo
Total Cost$1,790,125

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

111 Libby Boulevard, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$1,563

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

Premium Pricing

At $1226/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 43 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.

Detached Home Advantages

Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $5,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    111 Libby Boulevard, Richmond Hill | $1,349,000 | Battaglia Team