$1,599,000 - 71 Lund Street, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 2 days ago- MLS Number
- N13462104
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- ROYAL HERITAGE REALTY LTD.
Exceptional Richmond Hill Family Home in a Highly Sought-After Location! This beautifully maintained 2-storey detached residence offers a total of 3,567 sq. ft. of living space with 4+2 bedrooms and 5 bathrooms, perfectly designed for growing and multi-generational families. Featuring a fully renovated interior, the home showcases elegant engineered hardwood flooring, crown moulding, pot lights, a custom gas fireplace, and a spacious family-sized kitchen with pantry and premium finishes. The main floor is enhanced by 9-foot ceilings, creating a bright and airy atmosphere throughout the principal living spaces.The upper level boasts four generously sized bedrooms, each with ensuite access and custom closet organizers, including a luxurious primary retreat with a 5-piece ensuite and walk-in closet. Convenient second-floor laundry adds everyday functionality and ease for busy families.The professionally finished above-grade walkout basement adds exceptional versatility with 2 additional bedrooms, a recreation room, office space, a second kitchen, and large above-grade windows, making it ideal for extended family or in-law living.Situated on a premium 37.76 x 120.05 ft. lot in a quiet family-friendly neighbourhood, the property offers an oversized interlock driveway with parking for up to 6 vehicles, a double-car garage, and a private backyard oasis featuring a large deck and professional landscaping. Additional updates include a furnace and central air conditioning system, both replaced within the last 5 years, providing added comfort and peace of mind.Conveniently located close to top-rated schools, parks, shopping, transit, and all amenities, this turn-key home is a rare opportunity to own in one of Richmond Hill's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/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.
71 Lund 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 $533/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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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 5 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.