$999,000 - 12 Mack Clement Lane, Richmond Hill
Detached for Sale in Richmond Hill
32 days on market- MLS Number
- N13117762
- Property Type
- Detached
- Status
- active
- Days on Site
- 32
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY PLATINUM REALTY
Rare Ravine Lot, Freehold Link House with a double garage, no steep staircases, and minimal attachment only by the garage, eliminating noise transfer from adjacent properties. This residence delivers 1,801 sqft of above-grade living space and a finished basement of 646 sqft in a prime Richmond Hill pocket near Gamble Road and Yonge Street. Designed with a functional,family-friendly layout, the open-concept main floor is ideal for entertaining and everyday living. The breakfast area opens out to the backyard with a storage shed and private deck, where tranquil ravine views create a peaceful backdrop for morning coffee, outdoor dining, or simply unwinding at the end of the day. A convenient garage-to-backyard door makes it easy to move tools, equipment, bikes, and seasonal items in and out with ease. Upstairs, three generous bedrooms are thoughtfully arranged with the added convenience of a second-floor laundry room. The basement provides valuable flexibility with an open recreation area and its own full bathroom, making it ideal for guests, an in-law suite, a home office, or a fitness space. The garage is equipped with a 240V EV charging outlet, which adds practical long-term value. Ample nearby visitor parking makes hosting family and friends effortless. Perfectly positioned near top-rated schools, Viva transit, parks, and extensive trail networks, this home offers the square footage, comfort, and character you wouldn't want to miss. Book a private showing to experience the lifestyle!
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Mack Clement 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 $666/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 32 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.
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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.