$1,099,999 - 62 Paper Mills Crescent, Richmond Hill
Townhouse for Sale in Richmond Hill
Popular Listing- MLS Number
- N13246198
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- ANCHOR NEW HOMES INC.
A MUST-SEE HOME! Rare end unit on a premium ravine lot backing onto lush forest - ultimate privacy. Features 4 spacious bedrooms (~2,200 sqft) , freshly painted throughout, plus a fully finished basement. Bright, open-concept main floor with 9' ceilings. Smooth ceilings and superior maple hardwood flooring & oak stairs throughout the entire house. Modern upgraded kitchen with customized cabinetry (automatic under-mount lighting), upgraded granite countertops, and a sunny breakfast area walk-out to a newly renovated backyard (2024) - perfect for enjoying warm afternoon sun and serene ravine views. Additional highlights: renovated powder room (2025), Newly renovated front yard with interlock (fits an extra car), direct garage access, and built-in EV charger station. Premium Jefferson, Richmond Hill location. Minutes to trails, shopping, golf, park, and lakes. Easy access to Hwy 404 & Go Station. Top-ranking school district: Richmond Hill High School & St. Theresa of Lisieux Catholic High School.
Estimate your monthly payments for this property
Estimated Payment
$4,865.67/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.
62 Paper Mills 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 $550/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.
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.
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 $4,583 (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.