32 Kaitlin Drive, Richmond Hill

Price: $1,188,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13467046

Immaculate, renovated residence nestled in the heart of the highly desirable Lake Wilcox community. This bright, stylish home offers a perfect blend of comfort, charm, and functionality. The open-concept, spacious great room with a 2-way fireplace serves as living/family room ideal for family gathering and entertaining. Modern kitchen with cozy breakfast area and walk-out to the patio. The separate dining room is highlighted with large window and pot lights. The 2nd floor boasts 4 good-sized bedrooms and 2 full baths. The basement is finished with an open concept recreation/gym area, a bedroom and a 3-pc bath. Fully landscaped front & rear yards. Steps from Lake Wilcox and the scenic park. Enjoy peaceful walking trails and year-round outdoor activities from kayaking and biking to winter skating. This sought-after neighborhood also offers top-ranking schools, a vibrant community center, and easy access to shopping, transit, and major highways. Move-in-ready home. Pride of ownership.

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active
New Listing
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$1,188,000 - 32 Kaitlin Drive, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed yesterday
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13467046
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
HC REALTY GROUP INC.
Description

Immaculate, renovated residence nestled in the heart of the highly desirable Lake Wilcox community. This bright, stylish home offers a perfect blend of comfort, charm, and functionality. The open-concept, spacious great room with a 2-way fireplace serves as living/family room ideal for family gathering and entertaining. Modern kitchen with cozy breakfast area and walk-out to the patio. The separate dining room is highlighted with large window and pot lights. The 2nd floor boasts 4 good-sized bedrooms and 2 full baths. The basement is finished with an open concept recreation/gym area, a bedroom and a 3-pc bath. Fully landscaped front & rear yards. Steps from Lake Wilcox and the scenic park. Enjoy peaceful walking trails and year-round outdoor activities from kayaking and biking to winter skating. This sought-after neighborhood also offers top-ranking schools, a vibrant community center, and easy access to shopping, transit, and major highways. Move-in-ready home. Pride of ownership.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,254.92/mo

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5-yr fixed avg.

Principal: $950,400Interest: $626,077
Mortgage Amount$950,400
Total Interest$626,077
Est. Property Tax$842/mo
Total Cost$1,576,477

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

32 Kaitlin Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,610

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 $594/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.

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.

Excellent Flexibility

With 5 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 $4,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    32 Kaitlin Drive, Richmond Hill | $1,188,000 | Battaglia Team