$1,190,000 - 120 Pugsley Avenue, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 3 days ago- MLS Number
- N13427310
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 6,760 sqft
- Listing Brokerage
- YORK NATIONAL REALTY INC.
Location! Location! Location!An exceptional opportunity to own a beautifully renovated detached residence situated on a premium 50 x 135 ft lot in one of Richmond Hill's most established, family-oriented, and highly sought-after neighbourhoods. Surrounded by mature trees, quality homes, and wonderful neighbours, this property offers the perfect blend of modern comfort, future potential, and everyday convenience.Extensively renovated with meticulous attention to detail, this move-in-ready home showcases elegant hardwood flooring throughout, upgraded windows, doors and frames, beautifully redesigned bathrooms, and numerous capital improvements. Major updates include a high-efficiency gas furnace and newer roof shingles, providing peace of mind and long-term value for years to come.The expansive private backyard offers a rare outdoor retreat ideal for entertaining, family gatherings, gardening enthusiasts, or those seeking future expansion possibilities. Situated on an impressive 50-foot frontage with a deep lot, this property presents outstanding potential for families, investors, and builders alike.A unique feature of the home is the oversized 37 ft x 15.5 ft garage, capable of accommodating two vehicles in tandem, complemented by an extended driveway with parking for up to five additional vehicles-an increasingly rare offering in today's market.Ideally located just minutes from Yonge Street, residents enjoy exceptional access to public transit, GO Transit, shopping plazas, supermarkets, restaurants, parks, community facilities, and top-rated schools. The convenience of urban amenities combined with the charm of a mature residential community creates an unparalleled lifestyle opportunity.Whether you are searching for your forever family home, a valuable investment property, or a premium lot with future redevelopment potential, this remarkable residence represents an outstanding opportunity in one of Richmond Hill's most desirable locations.
Estimate your monthly payments for this property
Estimated Payment
$5,263.77/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.
120 Pugsley Avenue, 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 $595/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.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
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 $4,958 (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.