331 Elmwood Avenue, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Harding. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,138,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50 x 105 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully maintained bungalow situated in one of Richmond Hill's most desirable neighbourhoods. This home offers upgrades and exceptional value for families, investors, or downsizers seeking a turnkey property in a top-tier location. Featuring $$$ in upgrades Newly: Furnace, A/C & Vinyl Fl, Upgraded Attic Insulation. The renovated kitchen boasts a granite countertop, newly s/s dishwasher, range hood, ceramic flooring, and stainless-steel appliances. Enjoy the bright sunroom with heated floors and skylight, perfect for year-round relaxation. The cozy basement recreation room offers a fireplace, ideal for family gatherings. The home also features an oversized driveway and a private backyard with mature trees, providing excellent privacy. Located in a highly sought-after family-friendly area, this home is close to top-ranking Bayview SS, restaurants, supermarkets, parks, public transit, and GO Transit. This move-in-ready bungalow seamlessly blends modern upgrades with timeless charm - a rare find in such a sought-after neighbourhood
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Primary Bedroom - Main Floor
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 331 Elmwood Avenue, Richmond Hill, ON L4C 1L7
Based on 0 recent similar sales in the pocket.
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 $1,138,000 in Richmond Hill, the legal minimum down payment is $227,600 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 $19,235 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 $19,235.
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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.