$1,288,000 - 48 Cozens Drive, Richmond Hill
Detached for Sale in Richmond Hill
60 days on market- MLS Number
- N13018000
- Property Type
- Detached
- Status
- active
- Days on Site
- 60
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- BAY STREET GROUP INC.
Best value of its kind! Experience a masterfully redefined home where contemporary design meets the tranquility of park side living. This exquisite home offers functionality, style, convenience yet affordability ALL IN ONE! Stone and stucco front, featuring classic European architectural influences and modern curb appeal. Main floor boasts 9-feet smooth ceiling with numerous pot lights, oversized quartz center island, stylish custom design two-toned kitchen cabinets with massive storage, Bosch built-in wall oven, Microwave and dishwasher, 6.5'' engineered hardwood flooring, 3-sided gas fireplace, an energy efficient durable extra secure custom front door and a steel made break-in proof security back door. 2nd floor the master bedroom offers a large walk-in closet with an abundance of organizers and a bright and spacious ensuite bath, including a smart toilet. Three extra well appointed bedrooms will adapt to your growing family needs. A large laundry room with a window on the 2nd floor adding more convenience. Downstairs, the finished basement (2023) offers a generous multi-function recreation room that can be used as gym, home theatre, workshop, studios, or converted to additional bedrooms, you name it. Other upgrades including newer A/C (2024), newer furnace (2024), drinkable water purify system (2023), basement renovation (2023), main floor renovation (2021), roof (2019), Tesla EV charging system (2025), a cozy gazebo in the backyard with gas BBQ hookup. Interlocking done front and back yard. House back onto park, no neighbors behind! Steps to schools, parks. Minutes to golf courses, lakes, trails, and public transit. This home presents exceptional value in today's market. Don't miss out. Book your private tour now!
Estimate your monthly payments for this property
Estimated Payment
$5,697.26/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.
48 Cozens 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
Competitive Pricing
At $644/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 60 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 4 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 $5,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.