98 Wheelwright Drive, Richmond Hill

Price: $969,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: N13205836

Fieldgate-built home in the highly desirable Oak Ridges Moraine 'Bond Lake Village' community. This property is ideally situated near conservation areas, walking trails, and natural parks, with local schools, Lake Wilcox, Bond Lake, and the community centre all within walking distance. Highway 404 is accessible within a few minutes' drive. The interior features high nine-foot ceilings on the main floor, a classic oak staircase, a primary bedroom with an ensuite bath, and a bright kitchen equipped with extended maple cabinetry, a tile backsplash, and a new electric range. Property updates offer excellent peace of mind, including replaced roof shingles (2025), furnace (2024), central air conditioning (2022), electric range (brand new), garage door (2025) and a hot water tank (2025, rental).The house sits on a premium irregular lot featuring an extra-wide 43-foot width at the rear and a fully fenced backyard. The long private driveway easily accommodates three parking spaces and features no sidewalk to shovel.

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$969,000 - 98 Wheelwright Drive, Richmond Hill

Semi-Detached for Sale in Richmond Hill

3Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
N13205836
Property Type
Semi-Detached
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RIGHT AT HOME REALTY
Description

Fieldgate-built home in the highly desirable Oak Ridges Moraine 'Bond Lake Village' community. This property is ideally situated near conservation areas, walking trails, and natural parks, with local schools, Lake Wilcox, Bond Lake, and the community centre all within walking distance. Highway 404 is accessible within a few minutes' drive. The interior features high nine-foot ceilings on the main floor, a classic oak staircase, a primary bedroom with an ensuite bath, and a bright kitchen equipped with extended maple cabinetry, a tile backsplash, and a new electric range. Property updates offer excellent peace of mind, including replaced roof shingles (2025), furnace (2024), central air conditioning (2022), electric range (brand new), garage door (2025) and a hot water tank (2025, rental).The house sits on a premium irregular lot featuring an extra-wide 43-foot width at the rear and a fully fenced backyard. The long private driveway easily accommodates three parking spaces and features no sidewalk to shovel.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,971.47/mo

Includes CMHC insurance ($27,035)

$
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5-yr fixed avg.

Principal: $872,100Interest: $592,307
Mortgage Amount$899,135
Total Interest$592,307
Est. Property Tax$686/mo
Total Cost$1,491,442

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

98 Wheelwright 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)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$686
Insurance (est.)-$202
Net Cash Flow+$1,912

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 $646/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.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 3 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 $4,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    98 Wheelwright Drive, Richmond… — $969,000 | Battaglia Team