155 Centre Street, Richmond Hill

Price: $1,344,900

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13251524

Welcome home to 155 Centre St W - a lovely 3 bedroom, 1.5 bathroom, two storey home nestled on a spacious 72 x 114 foot private lot in the prestigious and sought after Mill Pond neighbourhood. Lovingly maintained and thoughtfully upgraded by long time owners, this home beautifully blends old world charm with modern convenience. Step inside to find a bright foyer that flows into the combined living and dining room, anchored by a real wood burning fireplace and large south facing windows that bathes the space in natural light. Continuing on, the modern open concept kitchen features stainless steel appliances, soapstone countertops, and reclaimed barn board flooring - a warm and inviting spot for cooking and entertaining. The breakfast bar seats two and opens into the main floor addition family room, complete with cathedral ceilings, a gas fireplace, big windows, and a walk out to a very private patio framed by nature. Upstairs, the king sized primary bedroom offers his and hers closets and lovely south exposure for plenty of morning and all day sun. All bedrooms are generously sized with large windows that pour in natural light. Below, a cozy rec room leads through to the laundry room and a second rec room/storage room at the rear, enjoying lowered floors that create extra ceiling height and a surprisingly spacious feel. An enclosed breezeway connects the home to the garage / workshop. The single car garage has been converted to a studio, but can easily be returned to traditional garage use if desired. Outside, the large, extremely private patio is a peaceful retreat where you can relax to the sounds of nature and unwind from the pace of city life. Ideally located within walking distance to schools, the hospital, public transit, and parks, and just minutes from shopping, groceries, restaurants, and more, this is a well cared for home filled with character that will truly feel like home.

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active
New Listing
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$1,344,900 - 155 Centre Street, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 3 days ago
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13251524
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Welcome home to 155 Centre St W - a lovely 3 bedroom, 1.5 bathroom, two storey home nestled on a spacious 72 x 114 foot private lot in the prestigious and sought after Mill Pond neighbourhood. Lovingly maintained and thoughtfully upgraded by long time owners, this home beautifully blends old world charm with modern convenience. Step inside to find a bright foyer that flows into the combined living and dining room, anchored by a real wood burning fireplace and large south facing windows that bathes the space in natural light. Continuing on, the modern open concept kitchen features stainless steel appliances, soapstone countertops, and reclaimed barn board flooring - a warm and inviting spot for cooking and entertaining. The breakfast bar seats two and opens into the main floor addition family room, complete with cathedral ceilings, a gas fireplace, big windows, and a walk out to a very private patio framed by nature. Upstairs, the king sized primary bedroom offers his and hers closets and lovely south exposure for plenty of morning and all day sun. All bedrooms are generously sized with large windows that pour in natural light. Below, a cozy rec room leads through to the laundry room and a second rec room/storage room at the rear, enjoying lowered floors that create extra ceiling height and a surprisingly spacious feel. An enclosed breezeway connects the home to the garage / workshop. The single car garage has been converted to a studio, but can easily be returned to traditional garage use if desired. Outside, the large, extremely private patio is a peaceful retreat where you can relax to the sounds of nature and unwind from the pace of city life. Ideally located within walking distance to schools, the hospital, public transit, and parks, and just minutes from shopping, groceries, restaurants, and more, this is a well cared for home filled with character that will truly feel like home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,948.95/mo

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5-yr fixed avg.

Principal: $1,075,920Interest: $708,764
Mortgage Amount$1,075,920
Total Interest$708,764
Est. Property Tax$953/mo
Total Cost$1,784,684

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

155 Centre Street, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$953
Insurance (est.)-$280
Net Cash Flow+$1,567

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

Fair Market Value

At $897/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.

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.

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 $5,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    155 Centre Street, Richmond H… — $1,344,900 | Battaglia Team