$788,000 - 152 Matawin Lane, Richmond Hill
Condo for Sale in Richmond Hill
56 days on market- MLS Number
- N13038366
- Property Type
- Condo
- Status
- active
- Days on Site
- 56
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Richmond Hill
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Exceptional 3-bdrm, 4-bath Premium Corner End-unit townhome in the highly sought-after Legacy Hill community by Treasure Hill. Perfectly positioned on a premium lot backing directly onto a park W/ Ravine views, this home offers an exceptional blend of privacy, greenery & convenience. Enjoy the rare advantage of visitor parking on both sides of the unit, including spaces right at your doorstep-ideal for both everyday living & hosting guests. This brand-new, never-lived-in residence features one of the largest & most functional layouts in the community, complete W/ 2 Private Balconies. Surrounded by mature maple trees, the home is filled W/ natural light & showcases beautiful seasonal scenery. The main level offers a warm & inviting living space anchored by a cozy fireplace, framed by large windows that bring in abundant sunlight. The contemporary kitchen is designed W/ quartz countertops, stainless steel appliances & modern cabinetry, flowing into a bright Dining area W/ Walk-out to a spacious deck-perfect for entertaining or relaxing outdoors. An elegant oak staircase & refined finishes carry throughout, creating a stylish & cohesive interior. Upstairs, 2 generously sized bedrooms each enjoy convenient access to full bathrooms. The primary suite features a walk-in closet & private ensuite, while the 2nd Bdrm offers its own full bath and tranquil views. The ground level provides a flexible space ideal for a 3rd Bdrm, home office, or family room. A finished basement W/ an upgraded bathroom featuring a shower adds even more functional living space. An attached garage W/ direct interior access enhances convenience. Located close to schools, shopping centres, public transit, GO Station & major highways, this home is perfect for small families or working professionals seeking a turnkey property in a prime location. Overnight Parking At Visitor Parking Needed to be Registrated Online through management)
Estimate your monthly payments for this property
Estimated Payment
$4,042.85/mo
Includes CMHC insurance ($21,985)
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.
152 Matawin Lane, 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 $563/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 56 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 $3,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.