$1,288,800 - 299 Palmer Avenue, Richmond Hill
Detached for Sale in Richmond Hill
41 days on market- MLS Number
- N13097090
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- JOYNET REALTY INC.
Beautifully renovated bungalow in a highly desirable neighborhood! The main floor features 3 spacious bedrooms and a sun-filled living room with a large picture window, offering exceptional natural light and a warm, inviting atmosphere. Elegant hardwood floors run throughout, complemented by a modern white kitchen with stainless steel appliances, quartz countertops, tile flooring, and a stylish backsplash-perfect for everyday living and entertaining .Enjoy a newly updated bathroom, smooth ceilings, and pot lights that enhance the bright, open feel of the home. Step outside to a private backyard featuring a huge new deck, ideal for relaxing or hosting gatherings. Extra-long private driveway with ample parking, perfect for multiple vehicles and added convenience. Fully renovated basement with excellent income potential! Featuring 3 bedrooms and 2 full bathrooms, the basement is thoughtfully designed and can be configured into two separate units with a shared kitchen. Complete with a separate entrance, this space is ideal for generating rental income or accommodating extended family. Located in the top-ranking Bayview Secondary School zone and just a short walk to Richmond Hill GO Station, offering both convenience and strong long-term value. Additional upgrades include a brand new driveway, deck, and fence with wrought iron gates. Perfect for end-users and investors alike-don't miss this exceptional opportunity! Window(2026), insulation (2022)
Estimate your monthly payments for this property
Estimated Payment
$5,700.80/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.
299 Palmer Avenue, 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
Premium Pricing
At $1841/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 41 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 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.