188 Silver Linden Drive, Richmond Hill

Price: $1,630,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13441030

bright and spacious 4 bedroom home. stunning living room with double height ceiling and large windows. High ceilings and Hardwood floor on ground level. great neighbourhood with good schools and parks. walk to Viva and York region bus terminal & GO train station to downtown, close to Hwy 404/407. Walk to many stores and restaurants.

188 Silver Linden Drive - Detached photo 1 of 14 in Richmond Hill, Ontario
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New Listing
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$1,630,000 - 188 Silver Linden Drive, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed yesterday
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13441030
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RIGHT AT HOME REALTY
Description

bright and spacious 4 bedroom home. stunning living room with double height ceiling and large windows. High ceilings and Hardwood floor on ground level. great neighbourhood with good schools and parks. walk to Viva and York region bus terminal & GO train station to downtown, close to Hwy 404/407. Walk to many stores and restaurants.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,210.04/mo

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5-yr fixed avg.

Principal: $1,304,000Interest: $859,012
Mortgage Amount$1,304,000
Total Interest$859,012
Est. Property Tax$1,155/mo
Total Cost$2,163,012

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

188 Silver Linden Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,155
Insurance (est.)-$340
Net Cash Flow+$1,805

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 $815/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.

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 3 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 $6,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    188 Silver Linden Drive, Rich… — $1,630,000 | Battaglia Team