$1,484,888 - 18 Park Lane Circle, Richmond Hill
Detached for Sale in Richmond Hill
138 days on market- MLS Number
- N12638054
- Property Type
- Detached
- Status
- active
- Days on Site
- 138
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to this Professionally Renovated Detached Home in Prestigious South Richvale! This one-of-a-kind, bright open-concept home offers approximately 2,500 sq. ft. of thoughtfully designed living space in one of Richmond Hill's most desirable neighborhoods. Step inside to discover a versatile layout perfect for today's lifestyle. A custom kitchen with stainless steel appliances, and an open living/dining area with a walk-out to an expansive sun deck-ideal for gatherings and summer entertaining. Upstairs, a spacious bonus family room offers endless possibilities: transform it into a cozy lounge, a vibrant playroom, a private office, or even a fourth bedroom to suit your family's needs. With 3+1 bedrooms, 4 bathrooms, all new windows, a new furnace, fresh paint throughout, and a fully fenced, landscaped backyard, this home is move-in ready. Situated in a family-friendly community, you'll enjoy walking distance to multiple parks, top-rated schools, a public library, grocery stores, restaurants, and shopping centers. Plus, you're just minutes from Highway 407 and Richmond Hill Centre. This is more than a house-it's the perfect family home in South Richvale. Don't miss your chance to make it yours!
Estimate your monthly payments for this property
Estimated Payment
$6,568.16/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.
18 Park Lane Circle, Richmond Hill
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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 $742/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 138 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 $6,187 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.