$1,134,990 - 51 Schmeltzer Crescent, Richmond Hill
Townhouse for Sale in Richmond Hill
New — Listed 3 days ago- MLS Number
- N13447182
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX EXPERTS
VALUE!! BONUS!! $130,000 New home HST rebate provided purchaser meets the eligibility criteria on their own (this applies to all buyers not just first time home buyers!!Take advantage while this last! Welcome to Oakridge Meadows- surrounded by trails and nature yet close to all amenities! This stunning brand new 3 bed freehold townhome has never been lived in and is quality built by Aspen Ridge Homes. Bright and spacious open-concept layout with modern designs in mind!! Xtra large windows in the bedrooms letting all the natural light shine in! This townhome is loaded with upgrades, top of the line counter tops, backsplash, full appliance package, potlights, high quality engineered hardwood t/out walk out to the backyard from great room making summer BBQSa breeze! 9' ceilings on both the main and second floor full tarion warranty starting from possession date and much more! located on a Quiet Crescent this home has No sidewalk so you can easily park 2 cars plus one in the garage. Just minutes to Gormley GO Station, Hwy 404/407,great schools, scenic trails, golf, farmers markets, and the beautiful Lake Wilcox Park! Book your viewing today! Great Value! NOTE home is virtually staged*
Estimate your monthly payments for this property
Estimated Payment
$5,020.44/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.
51 Schmeltzer Crescent, 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 $757/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $4,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.