260 Avenue Road Unit 9, Richmond Hill

Price: $699,900

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13170674

Welcome to 9-260 Avenue Rd, a bright and spacious 3-bedroom end-unit townhouse in a quiet, family-friendly Richmond Hill community. With southern exposure, a rare side-yard setting beside green space, and parking for up to 3 vehicles, this home offers the privacy and feel of a semi-detached but without the premium price tag. The open-concept layout features seamless flooring, modern pot lights, updated fixtures, a spacious primary bedroom, and a fully finished basement ideal for additional living or workspace. Enjoy peace of mind with over $80K in recent upgrades, including new windows (2022), high-efficiency furnace & A/C (2023), new roof (2024), and a beautifully renovated upstairs bathroom (2024). Stainless steel appliances included. Low-maintenance condo fees cover water, snow removal, and landscaping Conveniently located steps to parks, transit, schools, Hillcrest Mall, T&T, Yonge Street shopping and dining, with easy access to Highways 7, 404, and 407. Move-in ready and offering a rare combination of space, privacy, upgrades, and location.

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$699,900 - 260 Avenue Road Unit 9, Richmond Hill

Condo for Sale in Richmond Hill

3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13170674
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
CENTURY 21 KENNECT REALTY
Description

Welcome to 9-260 Avenue Rd, a bright and spacious 3-bedroom end-unit townhouse in a quiet, family-friendly Richmond Hill community. With southern exposure, a rare side-yard setting beside green space, and parking for up to 3 vehicles, this home offers the privacy and feel of a semi-detached but without the premium price tag. The open-concept layout features seamless flooring, modern pot lights, updated fixtures, a spacious primary bedroom, and a fully finished basement ideal for additional living or workspace. Enjoy peace of mind with over $80K in recent upgrades, including new windows (2022), high-efficiency furnace & A/C (2023), new roof (2024), and a beautifully renovated upstairs bathroom (2024). Stainless steel appliances included. Low-maintenance condo fees cover water, snow removal, and landscaping Conveniently located steps to parks, transit, schools, Hillcrest Mall, T&T, Yonge Street shopping and dining, with easy access to Highways 7, 404, and 407. Move-in ready and offering a rare combination of space, privacy, upgrades, and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

260 Avenue Road Unit 9, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,528

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

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 18 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    260 Avenue Road Unit 9, Richmon… — $699,900 | Battaglia Team