$1,349,900 - 14 Riel Drive, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 5 days ago- MLS Number
- N13417664
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- Toronto Real Estate Realty Plus Inc
Stunning former model home situated on a quiet street in one of Richmond Hill's most desirable communities. Featuring an impressive double-door entry, elegant stone and stucco exterior, double interlock driveway, soffit pot lights, and professionally landscaped grounds, this exceptional home offers outstanding curb appeal.The thoughtfully designed interior features 3 spacious bedrooms, a second-floor loft/office that can easily be converted into a 4th bedroom, 4 bathrooms including a luxurious 5-piece primary ensuite, convenient second-floor laundry, and a rare premium widened lot (66') that creates a beautiful outdoor retreat.The professionally landscaped backyard offers mature trees for privacy and relaxation, with partial interlocking extending throughout the backyard and along both sides of the home.The main floor showcases a bright open-concept layout with 9-foot ceilings, zebra blinds throughout, and a gourmet kitchen featuring granite countertops and stainless steel appliances. The inviting family room includes a gas fireplace with a stone mantel, while the dining room features professionally installed custom built-in cabinetry providing ample storage.Additional highlights include hardwood flooring throughout, pot lights throughout, professionally finished closets with custom organizers, including a California-style walk-in closet in the primary bedroom, and a fully finished basement complete with a recreation area, modern 4-piece bathroom, and office.Ideally located just steps from lush parks, ponds, and forested trails. Surrounded by top-ranking public and private schools and conveniently close to shopping, transit, and GO Transit.
Estimate your monthly payments for this property
Estimated Payment
$5,971.06/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.
14 Riel Drive, 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 $675/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.
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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.