11393 Leslie Street, Richmond Hill

Price: $1,168,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13145376

HST REBATE ELIGIBLE Welcome to 11393 Leslie Street! One of the newest modern townhomes to have a highly sought after Richmond Hill address. This rear-lane townhome is located in the 3rd phase of Ivylea. This home features a double-car garage with 10' ceilings on the main floor and over $70,000 in upgrades including flooring, stairs, pot lights and kitchen upgrades. The home comes with a PDI as well as a full Tarion warranty. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location.

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$1,168,000 - 11393 Leslie Street, Richmond Hill

Townhouse for Sale in Richmond Hill

3Beds
3Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N13145376
Property Type
Townhouse
Status
active
Days on Site
30
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RESIDENTIAL DEVELOPMENT SERVICES INC.
Description

HST REBATE ELIGIBLE Welcome to 11393 Leslie Street! One of the newest modern townhomes to have a highly sought after Richmond Hill address. This rear-lane townhome is located in the 3rd phase of Ivylea. This home features a double-car garage with 10' ceilings on the main floor and over $70,000 in upgrades including flooring, stairs, pot lights and kitchen upgrades. The home comes with a PDI as well as a full Tarion warranty. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,166.46/mo

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5%20%50%

5-yr fixed avg.

Principal: $934,400Interest: $615,537
Mortgage Amount$934,400
Total Interest$615,537
Est. Property Tax$827/mo
Total Cost$1,549,937

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

11393 Leslie Street, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$827
Insurance (est.)-$243
Net Cash Flow+$1,960

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 $584/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 30 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.

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.

Bathroom Count Matters

With 3 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 $4,867 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    11393 Leslie Street, Richmond Hill | $1,168,000 | Battaglia Team