$1,498,000 - 42 Roseview Avenue, Richmond Hill
Detached for Sale in Richmond Hill
- MLS Number
- N13223096
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS
Rare opportunity to own this well-maintained, custom-style home situated on an impressive 65' wide lot in a sought-after family neighbourhood. Offering a refreshing alternative to today'scookie-cutter homes, this property features a functional floor plan with spacious principalrooms and a large main floor family room perfect for everyday living and entertaining. The bright interior is enhanced by newer picture windows in both the living and family rooms. Asubstantial 2002 addition expanded the kitchen, creating a more spacious and functional layoutwith multiple windows providing an abundance of natural light. The main floor office offersflexibility as a home workspace or potential 4th bedroom. Upstairs features the highly desirable laundry room with built-in cupboards and shelving (2013), along with an updated bathroom (2013). Lovingly cared for over the years, the home offers numerous updates including some newer windows updated over the years, updated front and side doors, 200-amp electrical service, roof (2019), eaves (2026), furnace (2019). Enjoy year-round comfort with two fireplaces featuring gas log sets (as is) and a gas stovefireplace in the family room controlled by a thermostat. Outside, the private backyard retreat features a sundeck and a saltwater heated pool with a newheater (2023) and new pump (2025). The oversized driveway accommodates up to 5 vehicles and is complemented by a detached 1.5-cargarage.Ideally located near great schools, including a secondary school with an International Baccalaureate Program and Specialized Arts, and an elementary school offering French Immersion. Commuters will appreciate the approximately 12-minute walk to the GO Train and convenient access to major highways. A rare combination of lot size, character, updates and location on a wonderful tree-lined street! This could be The One.
Estimate your monthly payments for this property
Estimated Payment
$6,626.16/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.
42 Roseview 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
Competitive Pricing
At $599/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.
Market Position
At 15 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $6,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.