$1,098,800 - 12 Genuine Lane, Richmond Hill
Townhouse for Sale in Richmond Hill
New — Listed 5 days ago- MLS Number
- N13248348
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
At the intersection of luxury & elevated lifestyle! Welcome to an exceptional & modern townhouse in highly-sought Urban Towns at Bayview. **Uniquely situated: ONE of only 6 north-south lots in the complex backing onto a parkette, unobstructed view- loads of sun & privacy.** The sweet spot: the 4th bedroom & ensuite on the lower level (above grade) with walk out separate entrance(s) would serve well for multiple purposes: in-law/separate suite with income potential, perfect for multi-generational families, a bright & independent home office. *** One of the valuable features of this remarkable home is that it overlooks a beautiful parkette, permanent & unobstructed view- no driveway in front and no house behind-more privacy & plenty of sunlight! *** Luxurious, tastefully & professionally designed 4-bedroom, 4-bathroom home offers a perfect blend of contemporary style, functional living space, and serene natural surroundings - ideal for families or professionals seeking a vibrant community with peaceful retreat. The open-concept main floor boasts GRAND 10' smooth ceilings, abundant natural light, sleek finishes and quality craftsmanship throughout. The GENEROUS living and dining areas provide the perfect backdrop for everyday living and entertaining, flowing seamlessly into a well-appointed kitchen with stylish cabinetry, premium appliances, and plenty of storage. Convenient main floor access to balcony- easy to BBQ. Upstairs & lower level feature 9' ceiling with spacious bedrooms & ample storage space with the cherry on top of an upstairs laundry room. Prime LOCATION- quick & easy access to grocery stores (Loblaws, Walmart), big box stores (Home Depot, Canadian Tire, Staples, Best Buy, Walmart), restaurants & movie theatre, minutes to Hwy 7, 407, 404, Go Train Stn, Parks, Community Centre. Highly rated schools district. Be sure to view virtual tours. Ask for fully furnished option -for true turn key-most furnishings avail for sale. Some photos reflect virtual staging.
Estimate your monthly payments for this property
Estimated Payment
$4,860.36/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.
12 Genuine Lane, 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 $549/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $4,578 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.