$1,098,000 - 86 Bassett Avenue, Richmond Hill
Townhouse for Sale in Richmond Hill
63 days on market- MLS Number
- N13007850
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 63
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- EXP REALTY
Welcome to this beautifully appointed freehold end-unit 3-storey townhome, in the highly desirable Langstaff community, ideally situated near Bayview Ave & Hwy 7 and moments from parks, schools, shopping, transit, and everyday conveniences. Offering 2,227 sq. ft. above grade per MPAC plus a finished basement, this bright and elegant residence features 3 bedrooms, 4 bathrooms, and a thoughtfully designed layout that balances sophistication with everyday comfort. The main level showcases a sun-filled open-concept living and dining area enhanced by engineered hardwood flooring and large windows that fill the space with natural light. The updated kitchen is both stylish and functional, featuring quartz countertops, custom cabinetry, and a rough-in gas line for a gas stove. Premium stainless-steel appliances, and a breakfast area perfect for casual dining. On the second level, a spacious family room with walk-out to a balcony offers an inviting setting for relaxation or entertaining, alongside two generously sized bedrooms. Privately positioned on the third floor, the primary retreat offers a serene escape with an oversized bedroom, a 5-piece ensuite, and walk-out to a composite deck. The finished basement extends the living space with a versatile recreation area, pot lights, above-grade window, laminate flooring, and a 3-piece bathroom, ideal for extended family, a home office, or media lounge. Thoughtful upgrades include kitchen and washroom improvements, engineered hardwood flooring on the main, second and third floors and stairs, basement laminate flooring, high-efficiency furnace, central A/C, shingles, south-side windows, garage door opener, modern front and rear doors, and a certified 240V receptacle in the garage, ideal for EV charging. Complete with a detached 2-car garage and fully fenced outdoor space, this move-in ready home presents an exceptional opportunity to own in one of Richmond Hill's most convenient and sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,856.82/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.
86 Bassett Avenue, 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 $549/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 63 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.
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 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 $4,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.