48 Cartier Crescent, Richmond Hill

Price: $799,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13215150

An incredible opportunity to own the perfect starter home in one of Richmond Hill's most desirable neighborhoods. Nestled on a quiet crescent surrounded by mature trees, this property offers endless possibilities. - Enjoy added income potential with large partially finished walk-up basement and separate entrance - Build your dream home in the heart of Richmond Hill - Create the ideal multi-generational living space for extended family - Spacious 2 bedrooms & 1 bathroom, with open concept kitchen/ dining area and bright living room with cozy fireplace - Rarely offered detached 2 car garage - Ample parking space for multiple cars - Private and mature treed fenced yard - Over 50' of frontage - Newer windows and roof Whether you're looking to renovate, invest, or build, this property is full of opportunity you won't want to miss!

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$799,000 - 48 Cartier Crescent, Richmond Hill

Detached for Sale in Richmond Hill

Popular Listing
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13215150
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Richmond Hill
Lot Size
5,005 sqft
Listing Brokerage
COLDWELL BANKER RONAN REALTY
Description

An incredible opportunity to own the perfect starter home in one of Richmond Hill's most desirable neighborhoods. Nestled on a quiet crescent surrounded by mature trees, this property offers endless possibilities. - Enjoy added income potential with large partially finished walk-up basement and separate entrance - Build your dream home in the heart of Richmond Hill - Create the ideal multi-generational living space for extended family - Spacious 2 bedrooms & 1 bathroom, with open concept kitchen/ dining area and bright living room with cozy fireplace - Rarely offered detached 2 car garage - Ample parking space for multiple cars - Private and mature treed fenced yard - Over 50' of frontage - Newer windows and roof Whether you're looking to renovate, invest, or build, this property is full of opportunity you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

48 Cartier Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,668

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

Premium Pricing

At $1141/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    48 Cartier Crescent, Richmond H… — $799,000 | Battaglia Team