$1,288,000 - 139 Marla Court, Richmond Hill
Detached for Sale in Richmond Hill
44 days on market- MLS Number
- N13087918
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- SMART SOLD REALTY
Tucked Away In A Quiet, Cozy Court In The Highly Sought-After Mill Pond Area Of Richmond Hill, This Property Offers A Rare Blend Of Lifestyle, Space, And Versatility In A Truly Great Neighborhood. Situated On A Generous Lot With No Sidewalks, The Home Provides Added Privacy, Ample Parking, And Plenty Of Future Potential.The Main Floor Showcases A Bright, Open Layout With A Large Living Space, An Updated Kitchen With Quality Finishes, And Direct Access To The Backyard - Perfect For Comfortable Everyday Living. The Home Also Features A Finished Basement With Separate Entrance . The Property Also Features An Extra Room That Can Easily Be Used As A 4th Bedroom Or A Dedicated Living Area With A Kitchenette Designed In A Bachelor-Style Suite, Offering Flexible Space Ideal For Extended Family, Guests, A Home Office, Or Multi-Generational Living.Located Just Minutes From Yonge Street, This Home Offers Easy Access To Top-Rated Schools, Major Grocery Stores, The Richmond Hill Centre for the Performing Arts, And The Local Library. Whether You're Commuting Or Settling Into A Family-Friendly Community, This Location Checks Every Box.A Rare Opportunity To Own A Versatile Property In One Of Richmond Hill's Most Desirable Pockets.Electrical Panel Upgraded To 200 AMP, Roof (2018), Attic Insulation (2021), Furnace (2021), Heat Pump (2023).
Estimate your monthly payments for this property
Estimated Payment
$5,697.26/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.
139 Marla Court, 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
Fair Market Value
At $859/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.
Market Position
At 44 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.
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 $5,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.