$999,999 - 394 Osiris Drive, Richmond Hill
Detached for Sale in Richmond Hill
48 days on market- MLS Number
- N13071924
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX ALL-STARS REALTY INC.
394 Osiris Drive, is a charming bungalow featuring 3+1 bedrooms, three bathrooms, and basement separate entrance. The main floor of this home is traditional and thoughtfully designed. You are welcomed into a bright foyer with closet. The living and dining room share an open concept with the oversized front window letting in an abundance of natural light. The kitchen, with breakfast area provides plenty of space for cooking or entertaining, creating an inviting atmosphere. Down the hallway, you'll find three well-appointed bedrooms, with hardwood floors. These rooms have been freshly painted and all share a spacious 4 piece bathroom. The basement offers a versatile space. With separate side entrance, as well as its own kitchen, bathroom and bedrooms, this is perfect for multigenerational living. This lot is truly special. 52 x 100 feet of property gives you space and privacy, as well as room to grow if you choose to. 394 Osiris Drive is nestled in a sought-after, family-friendly neighbourhood. Top-rated public, Catholic, and French immersion schools Such as Crosby Heights PS, Christ the King, Bayview Secondary School and St. Theresa of Lisieux. Plus, nearby parks, scenic trails, and convenient shopping plazas make this an ideal spot for a busy family. Commuting is effortless with Yonge St as well as the 404 Highway both within easy reach, and you are within walking distance to Richmond Hill GO.
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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.
394 Osiris Drive, 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
Fair Market Value
At $909/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.
Negotiation Opportunity
At 48 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.
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 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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.