$1,280,000 - 116 Dunlop Street, Richmond Hill
Detached for Sale in Richmond Hill
82 days on market- MLS Number
- N12932826
- Property Type
- Detached
- Status
- active
- Days on Site
- 82
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- LPT REALTY
Welcome To 116 Dunlop Street, Fabulous House In Prime Richmond Hill. The Desirable 'Crosby' Community. Over 3600 Sq Feet Of Living Space. This delightful residence offers a perfect blend of comfort, convenience, and charm. Inside, you'll find spacious living areas filled with natural light, ideal for entertaining guests or relaxing with family. The well-appointed kitchen boasts a large eat-in area, ample storage, backyard retreat. Walk-In Distance To Richmond Hill Centre For The Performing Arts, Restaurants, Shopping, Community Centre With Wave Pool, Hockey Arena And Much More. Stunning Open Concept Layout, Gleaming Hardwood Floors, Beautiful Gourmet Kitchen With Built-In Appliances And Granite Counters. 4 Spacious Bedrooms And Professionally Finished Basements.(this property features 2 large/master bedrooms.) A True Gem! Excellent connectivity to Toronto via Yonge Street and Highway 404. You'll also enjoy the convenience of a variety of shops, restaurants, and services just minutes away on Yonge Street! Steps To Elgin Barrow Arena Complex, Richmond Hill Lawn Bowling & Tennis Courts.
Estimate your monthly payments for this property
Estimated Payment
$5,661.87/mo
5-yr fixed avg.
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.
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
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.
116 Dunlop Street, Richmond Hill
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $512/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.
Negotiation Opportunity
At 82 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 5 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 $5,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.