333 Paliser Crescent, Richmond Hill

Price: $988,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13125468

An exceptional opportunity in the heart of Richmond Hill! Welcome to this fully renovated detached bungalow located in a highly desirable and unique location, just minutes to Hillcrest Mall, Hwy 404, Downtown Richmond Hill, Top-Ranked Schools, GO Transit, Community Centres, Parks, and All Amenities. This bright & spacious home has been extensively renovated from A-Z with quality upgrades throughout, including hardwood flooring, quartz island, upgraded plumbing & electrical systems, new furnace, modern tall doors, stylish light fixtures, custom entrance door, and window coverings & EV charger. The fully finished basement features a separate entrance & private in-suite laundry, offering excellent flexibility for extended family or rental income potential. Ideal for end-users, first-time buyers, downsizers, or investors (min $5k rental income for both units). Enjoy comfortable living while generating additional income, with strong future potential in a rapidly growing area. Both levels offer abundant natural light & functional layouts, complements by an extra-large driveway with ample parking. A rare turnkey opportunity combining lifestyle, location, and long-term value!

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$988,000 - 333 Paliser Crescent, Richmond Hill

Detached for Sale in Richmond Hill

31 days on market
5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13125468
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

An exceptional opportunity in the heart of Richmond Hill! Welcome to this fully renovated detached bungalow located in a highly desirable and unique location, just minutes to Hillcrest Mall, Hwy 404, Downtown Richmond Hill, Top-Ranked Schools, GO Transit, Community Centres, Parks, and All Amenities. This bright & spacious home has been extensively renovated from A-Z with quality upgrades throughout, including hardwood flooring, quartz island, upgraded plumbing & electrical systems, new furnace, modern tall doors, stylish light fixtures, custom entrance door, and window coverings & EV charger. The fully finished basement features a separate entrance & private in-suite laundry, offering excellent flexibility for extended family or rental income potential. Ideal for end-users, first-time buyers, downsizers, or investors (min $5k rental income for both units). Enjoy comfortable living while generating additional income, with strong future potential in a rapidly growing area. Both levels offer abundant natural light & functional layouts, complements by an extra-large driveway with ample parking. A rare turnkey opportunity combining lifestyle, location, and long-term value!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,068.95/mo

Includes CMHC insurance ($27,565)

$
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5%10%50%

5-yr fixed avg.

Principal: $889,200Interest: $603,920
Mortgage Amount$916,765
Total Interest$603,920
Est. Property Tax$700/mo
Total Cost$1,520,686

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

333 Paliser Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$2,694

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 $898/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 31 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 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 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 $4,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    MLS# N13125468 — 333 Paliser Crescent, Richmond… | Battaglia Team