$1,738,000 - 20 Lippincott Court, Richmond Hill
Detached for Sale in Richmond Hill
36 days on market- MLS Number
- N13120472
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
One of the finest premium lots backing onto the Greenbelt in the highly sought-after North Richvale community! This stunning home features a highly functional and flowing floor plan with spacious, light-filled living areas. The combined living and dining room showcases brand-new flooring in an elegant setting, perfect for both everyday living and entertaining. The well-appointed kitchen offers granite countertops, a classic backsplash, and a breakfast bar overlooking serene, unobstructed views of mature trees and green space - the perfect spot to enjoy your morning coffee in a peaceful, natural setting. The family room features a cozy fireplace and direct access to a large backyard deck, ideal for outdoor entertaining. The primary bedroom includes a walk-in closet and a 5-piece ensuite. Additional upstairs bedrooms are generously sized, each with their own closet for comfortable family living. Situated on an exceptional deep lot - a rare find - the backyard features a charming fountain pond and offers outstanding privacy. Located on a quiet cul-de-sac, this property provides a truly unique and tranquil living environment. The walk-out basement features a full-size kitchen apartment, ideal for extended family use or potential rental income. Conveniently located near Hillcrest Mall, top-rated schools, a recreation centre, hospital, parks, nature trails, and Richmond hill library . the best amenities that Richmond Hill has to offer. A rare opportunity - book your showing today!
Estimate your monthly payments for this property
Estimated Payment
$7,687.76/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.
20 Lippincott Court, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Fair Market Value
At $869/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.
Market Position
At 36 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 6 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 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 $7,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.