2 Hughes Street, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oak Ridges. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 73.5 x 100 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional investment and development opportunity in the highly desirable Oak Ridges community! Situated on a premium 73.50 x 100 ft lot, this property offers tremendous potential and is strategically positioned within an area experiencing significant growth and redevelopment. An ideal opportunity for investors, builders, or end-users looking to capitalize on future development in a prime location. The home features a separate entrance to a recently renovated basement, offering excellent income potential, along with two full laundry setups for added convenience. Well-maintained and functional, it provides both immediate usability and long-term upside. Located just minutes to Yonge Street and Highway 404, with easy access to shopping, top-rated schools, public transit, and all essential amenities. EXTRAS: 2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, Dishwasher, Microwave.
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Property Summary
This detached home located at 2 Hughes Street, Richmond Hill is currently for sale and has been available on SousaSells for 6 days. This property is listed at $999,999 with an estimated mortgage of $3,329* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 2 Hughes Street, Richmond Hill is in the Oak Ridges neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Oak Ridges, Richmond Hill.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Oak Ridges, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 2 Hughes Street, Richmond Hill, ON
Q.What is the asking price for 2 Hughes Street, Richmond Hill, ON ?
The current listing price for 2 Hughes Street, Richmond Hill, ON in Oak Ridges, Richmond Hill is $999,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 2 Hughes Street, Richmond Hill, ON ?
2 Hughes Street, Richmond Hill, ON is a Detached (Bungalow) featuring a Separate Entrance, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 11.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 2 Hughes Street, Richmond Hill, ON L4E 2V9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $999,999 in Richmond Hill, the legal minimum down payment is $75,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,475 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.