$999,000 - 16 Coventry Court, Richmond Hill
Detached for Sale in Richmond Hill
- MLS Number
- N13162374
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- BAY STREET INTEGRITY REALTY INC.
Welcome To 16 Coventry Court, A Well-Maintained Detached Home With Single Garage Nestled In The Highly Desirable Crosby Community Of Richmond Hill! Recent Upgrades Include Engineered Hardwood Flooring, Fresh Paint, Pot Lights, And Modern Light Fixtures Throughout. Step Into The Bright And Open-Concept Living And Family Room, Enhanced By Large Windows That Fill The Space With Natural Light. The Gourmet Kitchen Features A Full Set Of Stainless-Steel Appliances, Granite Countertops, And Ample Cabinetry For Storage. The Sun-Filled Breakfast/Dining Area Overlooks The Backyard And Offers Direct Access, Perfect For Everyday Living And Entertaining. The Main Floor Also Provides Convenient Direct Access To The Garage. On The Second Floor, You Will Find 4 Spacious Bedrooms With Large Closets And Windows. The Second Bedroom Features Its Own 4-Piece Ensuite, While The Remaining Bedrooms Share Another 4-Piece Bathroom. Retreat To The Upper-Level Primary Bedroom Featuring A Cozy Layout, 4-Piece Ensuite, Closet, And Charming Juliette Balcony. Conveniently Located Close To Richmond Hill GO Station, Highly Ranked Schools (Alexander Mackenzie High School And St. Theresa Of Lisieux Catholic High School), Grocery Stores, Parks, Hospital, And Step To Yonge Street With Its Variety Of Restaurants, Cafés, And Everyday Amenities.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
16 Coventry 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
Competitive Pricing
At $500/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.
Market Position
At 21 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 5 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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.