43 Harold Wilson Lane Unit Lot 8, Richmond Hill

Price: $1,289,990

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13058328

WOW, What an Opportunity! Own a versatile live/work unit at Townsquare by OPUS Homes (2021 & 2024 BILD Builder of the Year). This unique 2-story design offers a roomy, modern living space on the second level and a ground-floor boutique/studio with rare 4-car parking! Take advantage of the exclusive mixed-use zoning: use the lower level for professional services, a creative studio, or simply as additional residential living space-the choice is yours. Built with signature Green Initiatives for peak energy efficiency and loaded with upgrades. First-Time Buyers: Don't forget that the First Time Home Buyer Rebate is applicable to this sale! Maximize your investment in this remarkable, award-winning Richmond Hill community. **THIS HOME IS ELIGIBLE FOR THE NEW HST REBATE**

43 Harold Wilson Lane Unit Lot 8 - Townhouse photo 1 of 4 in Richmond Hill, Ontario
43 Harold Wilson Lane Unit Lot 8 - Townhouse photo 2 of 4 in Richmond Hill, Ontario
43 Harold Wilson Lane Unit Lot 8 - Townhouse photo 3 of 4 in Richmond Hill, Ontario
43 Harold Wilson Lane Unit Lot 8 - Townhouse photo 4 of 4 in Richmond Hill, Ontario
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$1,289,990 - 43 Harold Wilson Lane Unit Lot 8, Richmond Hill

Townhouse for Sale in Richmond Hill

50 days on market
3Beds
3Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N13058328
Property Type
Townhouse
Status
active
Days on Site
50
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
6H REALTY INC.
Description

WOW, What an Opportunity! Own a versatile live/work unit at Townsquare by OPUS Homes (2021 & 2024 BILD Builder of the Year). This unique 2-story design offers a roomy, modern living space on the second level and a ground-floor boutique/studio with rare 4-car parking! Take advantage of the exclusive mixed-use zoning: use the lower level for professional services, a creative studio, or simply as additional residential living space-the choice is yours. Built with signature Green Initiatives for peak energy efficiency and loaded with upgrades. First-Time Buyers: Don't forget that the First Time Home Buyer Rebate is applicable to this sale! Maximize your investment in this remarkable, award-winning Richmond Hill community. **THIS HOME IS ELIGIBLE FOR THE NEW HST REBATE**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,706.06/mo

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5-yr fixed avg.

Principal: $1,031,992Interest: $679,826
Mortgage Amount$1,031,992
Total Interest$679,826
Est. Property Tax$914/mo
Total Cost$1,711,818

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

43 Harold Wilson Lane Unit Lot 8, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$914
Insurance (est.)-$269
Net Cash Flow+$1,847

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 $645/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 50 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.

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 $5,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    43 Harold Wilson Lane Unit Lot 8 | $1,289,990 | Battaglia Team