124 Hilts Drive, Richmond Hill

Price: $1,359,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13054676

Rarely Offered Luxury Freehold END UNIT Townhouse In Prestigious Richmond Hill Neighborhood! Like Semi-Detach, No Side-Walk and NO POTL! Bright and Spacious 4 Bedroom plus 3 Washroom, With High Coffered Ceiling On Living Room & Primary Bedroom, Modern Kitchen & Bathrooms With Stone Counters, S/S Appliances, Interlock Backyard, Park 1 Car in Garage and 2 Cars on Driveway. Close To All: Schools, Shopping, Costco, Home Depot, Richmond Green Sports Centre and Park with Large Sport Fields, Skating Trails and More! Minutes Away to Highway 404. Don't Miss This Opportunity!

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$1,359,000 - 124 Hilts Drive, Richmond Hill

Townhouse for Sale in Richmond Hill

51 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13054676
Property Type
Townhouse
Status
active
Days on Site
51
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
MAPLE LIFE REALTY INC.
Description

Rarely Offered Luxury Freehold END UNIT Townhouse In Prestigious Richmond Hill Neighborhood! Like Semi-Detach, No Side-Walk and NO POTL! Bright and Spacious 4 Bedroom plus 3 Washroom, With High Coffered Ceiling On Living Room & Primary Bedroom, Modern Kitchen & Bathrooms With Stone Counters, S/S Appliances, Interlock Backyard, Park 1 Car in Garage and 2 Cars on Driveway. Close To All: Schools, Shopping, Costco, Home Depot, Richmond Green Sports Centre and Park with Large Sport Fields, Skating Trails and More! Minutes Away to Highway 404. Don't Miss This Opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,011.32/mo

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5-yr fixed avg.

Principal: $1,087,200Interest: $716,195
Mortgage Amount$1,087,200
Total Interest$716,195
Est. Property Tax$963/mo
Total Cost$1,803,395

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

124 Hilts Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$963
Insurance (est.)-$283
Net Cash Flow+$1,834

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

Fair Market Value

At $906/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 51 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.

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 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 $5,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    124 Hilts Drive, Richmond Hill | $1,359,000 | Battaglia Team