$1,399,900 - 64 Powell Street, Richmond Hill
Detached for Sale in Richmond Hill
47 days on market- MLS Number
- N13073860
- Property Type
- Detached
- Status
- active
- Days on Site
- 47
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Incredible value for the Beautiful property! Nestled on a quiet, tree-lined street in the heart of sought-after Mill Pond, this Beautiful Century Home masterfully blends Charm & Character with $$ THOUSANDS spent in meticulous modern upgrades. THE MAIN RESIDENCE OFFERS ALMOST 2200 SF, featuring 4 bedrooms & 3 bathrooms. The primary bedroom SANCTUARY is complete with a SPA-LIKE ensuite bathroom offering a cast iron tub, brand new shower, Juliet balcony, and an oversized walk-in closet. The fabulous main flr layout offers a formal livingrm, spacious family rm, updated kitchen w/granite counter, plus a cozy library w/fireplace & brand new main flr 3 pc bathroom. Recent upgrades include; Updated kitchen in 2020, new appliances,; Fridge 2024, Stove 2023, Washer/Dryer 2025, New potslights in Family rm '25, New sump pump' 25, New gas boiler/6 rads in 2013, many new windows throughout, with original heritage glass at the front. Step outside to a fully fenced backyard with perennial gardens and an incredible DETACHED GARDEN STUDIO SUITE, upgraded in 2021-see details in Broker Remarks. This gorgeous home offers with a rare 10-car driveway, ample basement storage, and 200-amp service! Enjoy morning coffees & relaxing evenings on your sprawling front porch-reconstructed in 2024. The tranquility of a quiet side street while being mere minutes from the vibrant Mill Pond community events and walking paths, plus minutes to Yonge Street, offering restaurants, shops & cafes! A truly unique property offering unmatched value and lifestyle options. Please note, this is not a designated heritage house.
Estimate your monthly payments for this property
Estimated Payment
$6,192.23/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.
64 Powell Street, 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 $700/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 47 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
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 $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.