62 Mccallum Drive, Richmond Hill

Price: $1,099,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13241196

Welcome to this lovingly maintained, detached 2-storey home, offered for sale for the very first time by its original owner! After more than 40 years of ownership, this cherished family home is ready for its next chapter and presents an incredible opportunity for buyers to create their dream home in one of Richmond Hill's most established and desirable neighbourhoods, North Richvale. Offering 1,777 sq. ft. above grade plus a finished basement, this spacious home features 3 bedrooms, 4 bathrooms, an attached double car garage, and a functional layout designed for comfortable family living. The main floor offers a formal living room and dining room, ideal for hosting family gatherings and special occasions. The kitchen features a bright breakfast area and opens to the adjoining family room, complete with a cozy wood-burning fireplace. Both spaces offer walkouts to the backyard deck, creating an easy connection between indoor and outdoor living. A main floor laundry room with closet storage and a separate side entrance adds everyday convenience. Upstairs, you'll find three generously sized bedrooms, while the finished basement provides additional living space with a large recreation room, a 2-piece bathroom, and an expansive storage area. Outside, the fully fenced backyard offers plenty of room for children, pets, gardening, or summer entertaining. Pride of ownership is evident throughout the home. While the finishes are largely original, the property has been exceptionally well cared for and provides the perfect canvas for renovations, updates, and personalization over time. Located close to excellent schools, parks, community centres, shopping, restaurants, transit, and major commuter routes, this is a rare opportunity to purchase a solid, well-maintained home in a highly sought-after family community. A home filled with decades of memories, ready for a new family to make it their own.

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New Listing
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$1,099,000 - 62 Mccallum Drive, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 4 days ago
3Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13241196
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
Keller Williams Energy Real Estate
Description

Welcome to this lovingly maintained, detached 2-storey home, offered for sale for the very first time by its original owner! After more than 40 years of ownership, this cherished family home is ready for its next chapter and presents an incredible opportunity for buyers to create their dream home in one of Richmond Hill's most established and desirable neighbourhoods, North Richvale. Offering 1,777 sq. ft. above grade plus a finished basement, this spacious home features 3 bedrooms, 4 bathrooms, an attached double car garage, and a functional layout designed for comfortable family living. The main floor offers a formal living room and dining room, ideal for hosting family gatherings and special occasions. The kitchen features a bright breakfast area and opens to the adjoining family room, complete with a cozy wood-burning fireplace. Both spaces offer walkouts to the backyard deck, creating an easy connection between indoor and outdoor living. A main floor laundry room with closet storage and a separate side entrance adds everyday convenience. Upstairs, you'll find three generously sized bedrooms, while the finished basement provides additional living space with a large recreation room, a 2-piece bathroom, and an expansive storage area. Outside, the fully fenced backyard offers plenty of room for children, pets, gardening, or summer entertaining. Pride of ownership is evident throughout the home. While the finishes are largely original, the property has been exceptionally well cared for and provides the perfect canvas for renovations, updates, and personalization over time. Located close to excellent schools, parks, community centres, shopping, restaurants, transit, and major commuter routes, this is a rare opportunity to purchase a solid, well-maintained home in a highly sought-after family community. A home filled with decades of memories, ready for a new family to make it their own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

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5%20%50%

5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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

62 Mccallum Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$1,793

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 $733/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.

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.

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 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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    62 Mccallum Drive, Richmond H… — $1,099,000 | Battaglia Team