135 Prairie Rose Drive, Richmond Hill

Price: $1,868,000

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13416996

Elevate Your Lifestyle In This Stunning 4 Bedroom Residence With Gorgeous Upgrades Throughout.. The Heart Of The Home Is A Chef-Inspired Fully Upgraded Kitchen, Featuring A Huge Centre Island Designed For Effortless Entertaining And Open To The Inviting family Room With Beautiful Gas Fireplace And Coffered Ceiling. Retreat To The Master Bedroom Featuring A Spa-Like 5-Piece Ensuite. This Home Is As Practical As It Is Beautiful,Featuring A Convenient Second Floor Laundry And Generously Sized Bright Bedrooms Throughout.Adding Incredible Value Is The Professionally Finished Basement Apartment With Its Own Separate Entrance, A Bright, Expansive Space Offering A Huge Living Area, A Full Kitchen, And A Spacious Bedroom Featuring An Extra Large Window, Perfect For Multi-Generational Living Or High-End Rental Income. This Home Is Conveniently Located Close To Top Rated Schools, Minutes To Costco, Home Depot, Restaurants, Clinics And All Other Amenities As Well As Transit And Hwy 404.

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active
New Listing
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$1,868,000 - 135 Prairie Rose Drive, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 2 days ago
5Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13416996
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Elevate Your Lifestyle In This Stunning 4 Bedroom Residence With Gorgeous Upgrades Throughout.. The Heart Of The Home Is A Chef-Inspired Fully Upgraded Kitchen, Featuring A Huge Centre Island Designed For Effortless Entertaining And Open To The Inviting family Room With Beautiful Gas Fireplace And Coffered Ceiling. Retreat To The Master Bedroom Featuring A Spa-Like 5-Piece Ensuite. This Home Is As Practical As It Is Beautiful,Featuring A Convenient Second Floor Laundry And Generously Sized Bright Bedrooms Throughout.Adding Incredible Value Is The Professionally Finished Basement Apartment With Its Own Separate Entrance, A Bright, Expansive Space Offering A Huge Living Area, A Full Kitchen, And A Spacious Bedroom Featuring An Extra Large Window, Perfect For Multi-Generational Living Or High-End Rental Income. This Home Is Conveniently Located Close To Top Rated Schools, Minutes To Costco, Home Depot, Restaurants, Clinics And All Other Amenities As Well As Transit And Hwy 404.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,262.79/mo

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5-yr fixed avg.

Principal: $1,494,400Interest: $984,438
Mortgage Amount$1,494,400
Total Interest$984,438
Est. Property Tax$1,323/mo
Total Cost$2,478,838

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

135 Prairie Rose Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,323
Insurance (est.)-$389
Net Cash Flow+$2,238

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

Competitive Pricing

At $747/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.

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 $7,783 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    135 Prairie Rose Drive, Richm… — $1,868,000 | Battaglia Team