$1,649,000 - 142 Regatta Avenue, Richmond Hill
Detached for Sale in Richmond Hill
48 days on market- MLS Number
- N13071606
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 5,311 sqft
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
This beautifully landscaped and impeccably maintained 4-bedroom, 4-bathroom detached home offers stylish comfort and space for the whole family, with extensive updates throughout. Inside, you'll find custom millwork, a bright kitchen with breakfast nook featuring updated cabinetry, tile backsplash and new faucet (2024), and a cozy family room with soaring ceilings, gas fireplace, and feature wall, plus a dedicated home office. Upstairs, the home offers spacious bedrooms and updated bathrooms (2024, 2022), while the fully finished basement showcases a complete renovation (2017) including a large rec room with electric fireplace and wet bar, home gym, abundant storage, and a newly updated basement shower (2025). Notable improvements include an asphalt shingle roof, interior paint (2024), second-floor millwork and a commercial-grade hot water tank (2019), updated front door (2018), and garage doors (2016). The driveway was replaced in 2023, adding to the home's strong curb appeal. Step outside to your private backyard retreat with mature gardens, irrigation system, and a saltwater fiberglass pool with jets-perfect for summer entertaining. Set in the desirable Oak Ridges community, this move-in-ready home combines elegance, functionality, and outdoor living. Vendor takeback mortgage option provided by the seller.
Estimate your monthly payments for this property
Estimated Payment
$7,294.08/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.
142 Regatta Avenue, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $660/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.
Negotiation Opportunity
At 48 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.
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 $6,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.