34 Montorio Drive, Richmond Hill

Price: $2,699,900

4 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12541510

The "Mountridge B" approx 4,100sf in new & exclusive Oakridge Green neighborhood built by Sundance Homes in quiet cul-de-sac surrounded by untouched natural area. Steps to GO station, minutes from Hwy 404 & shopping the Yonge Street strip. Beautiful pie shaped lot backing onto protected green space. Approx 10' ground floor, 9' 2nd floor, 9' bsmt ceiling heights; smooth ceiling throughout; 8' interior doors on main floor & 2nd floor; pot lights on main floor w/ ground floor laundry. Quality stone countertop in kitchen & all bathrooms. Large kitchen w/ island, pantry & servery. Gas fireplace in family room. 4 large bedrooms w/ separate ensuites on 2nd floor. Free standing tub & frameless glass shower in main ensuite. Please refer to site plan Lot 8 for approximate lot dimensions. Markings & grass as laid currently may not reflect property lines.

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$2,699,900 - 34 Montorio Drive, Richmond Hill

Detached for Sale in Richmond Hill

140 days on market
4Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12541510
Property Type
Detached
Status
active
Days on Site
140
Bedrooms
4
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
PIVOT REAL ESTATE GROUP
Description

The "Mountridge B" approx 4,100sf in new & exclusive Oakridge Green neighborhood built by Sundance Homes in quiet cul-de-sac surrounded by untouched natural area. Steps to GO station, minutes from Hwy 404 & shopping the Yonge Street strip. Beautiful pie shaped lot backing onto protected green space. Approx 10' ground floor, 9' 2nd floor, 9' bsmt ceiling heights; smooth ceiling throughout; 8' interior doors on main floor & 2nd floor; pot lights on main floor w/ ground floor laundry. Quality stone countertop in kitchen & all bathrooms. Large kitchen w/ island, pantry & servery. Gas fireplace in family room. 4 large bedrooms w/ separate ensuites on 2nd floor. Free standing tub & frameless glass shower in main ensuite. Please refer to site plan Lot 8 for approximate lot dimensions. Markings & grass as laid currently may not reflect property lines.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,942.57/mo

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5-yr fixed avg.

Principal: $2,159,920Interest: $1,422,851
Mortgage Amount$2,159,920
Total Interest$1,422,851
Est. Property Tax$1,912/mo
Total Cost$3,582,771

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

34 Montorio Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,912
Insurance (est.)-$562
Net Cash Flow+$1,576

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 $771/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.

Negotiation Opportunity

At 140 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 5 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.

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    34 Montorio Drive, Richmond Hill | $2,699,900 | Battaglia Team