450 Worthington Avenue Unit 3, Richmond Hill

Price: $1,098,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N12998630

Rare Luxurious 3 Bedroom Home w/ $$$ in upgrades backing onto RAVINE in the Prestigious Fountainbleu Neighborhood. This Stunning Home is linked by garage and feels like a Detached Home! Spacious & Bright Open Concept Home w/ Upgraded Kitchen Cabinets w/Granite, Stainless Steel Appliances, Family-Sized Breakfast Area that flows into the Family Room w/ Fireplace overlooking Beautiful Treed Conservation Area. There is also a Formal Dining Room for Entertaining. Elegant Hardwood Flooring on Main Level w/ 9' Ceilings. Direct Access to Garage that has a Rear Door to the Yard as well. The Upper Level has Engineered Wood Floors, Large Master Bedroom with 5 Pc Ensuite & W/I Closet. Second Floor Laundry Room! Live in the Sought After Oak Ridges Area with an Abundance of Trails, Lake Wilcox, Parks, Many Top Schools, Oak Ridges Community Centre, Hwy 404 & Go Train Station, Shopping and Much Much More!

450 Worthington Avenue Unit 3 - Townhouse photo 1 of 18 in Richmond Hill, Ontario
450 Worthington Avenue Unit 3 - Townhouse photo 2 of 18 in Richmond Hill, Ontario
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$1,098,000 - 450 Worthington Avenue Unit 3, Richmond Hill

Townhouse for Sale in Richmond Hill

65 days on market
3Beds
3Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N12998630
Property Type
Townhouse
Status
active
Days on Site
65
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Rare Luxurious 3 Bedroom Home w/ $$$ in upgrades backing onto RAVINE in the Prestigious Fountainbleu Neighborhood. This Stunning Home is linked by garage and feels like a Detached Home! Spacious & Bright Open Concept Home w/ Upgraded Kitchen Cabinets w/Granite, Stainless Steel Appliances, Family-Sized Breakfast Area that flows into the Family Room w/ Fireplace overlooking Beautiful Treed Conservation Area. There is also a Formal Dining Room for Entertaining. Elegant Hardwood Flooring on Main Level w/ 9' Ceilings. Direct Access to Garage that has a Rear Door to the Yard as well. The Upper Level has Engineered Wood Floors, Large Master Bedroom with 5 Pc Ensuite & W/I Closet. Second Floor Laundry Room! Live in the Sought After Oak Ridges Area with an Abundance of Trails, Lake Wilcox, Parks, Many Top Schools, Oak Ridges Community Centre, Hwy 404 & Go Train Station, Shopping and Much Much More!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,856.82/mo

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5-yr fixed avg.

Principal: $878,400Interest: $578,647
Mortgage Amount$878,400
Total Interest$578,647
Est. Property Tax$778/mo
Total Cost$1,457,047

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

450 Worthington Avenue Unit 3, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,023

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 $549/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 65 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 $4,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    450 Worthington Avenue Unit 3 | $1,098,000 | Battaglia Team