43 Sundew Lane, Richmond Hill, ON

$1,393,000
MLS#:N8447638
3 beds
4 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Oak Ridges. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,393,000 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 19.71 x 72.72 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this gorgeous urban freehold townhome in Oakridges Moraine, offering appxmt 2,500 sq ft of lavish living space. Enjoy 10 ft ceilings on the main floor and 9 ft ceilings on both the lower and second floors, creating a bright and spacious atmosphere. Significant investments in luxury finishes, a modern kitchen with quartz countertops, a motorized blind, overall smooth ceilings, and Lutron smart lighting. The home features an almost 200 sq ft rooftop balcony with clear view for relaxation and the huge master bedroom and frameless glass shower. Hardwood on 1st, 2nd floor including all the bedrooms. Conveniently located just minutes from Hwy 404, schools, groceries, banks, and Lake Wilcox!

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Property Summary

This townhouse located at 43 Sundew Lane, Richmond Hill is currently for sale and has been available on SousaSells for 754 days. This property is listed at $1,393,000 with an estimated mortgage of $4,637* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 43 Sundew Lane, Richmond Hill is in the Oak Ridges neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 10, 2024
Sold price information is available to members only
Listed Date6/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementFinished
Lot Size19.71 × 72.72 Feet
CountyYork
Annual Tax$5,068
Legal DescriptionPART OF BLOCK 1 PLAN 65M4648, PARTS 14 AND 56 PLAN 65R38875

Parking & Garage

Parking Spaces2.0
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Lake/Pond, Park

Interior Features

None

Security Features

Community Features

Location

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43 Sundew Lane, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 43 Sundew Lane, Richmond Hill, ON L4E 0E4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate4.00%
Down Payment$417,900 (30.0%)
* Minimum Canadian down payment required for this price is $278,600.
Amortization Period30 Years
Estimated Monthly Payment$4,637Based on a loan of $975,100 over 30 years.
Purchase Price$1,393,000
Loan Amount$975,100
Provincial Land Transfer Tax:$24,335
Total Estimated Closing Taxes:$24,335

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,393,000 in Richmond Hill, the legal minimum down payment is $278,600 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 $24,335 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 $24,335.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oak Ridges, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,686,671

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Oak Ridges
Public160 Coon's Road, Oak Ridges, Richmond Hill, Ontario, L4E 2P7
6.1
Kettle Lakes
Public62 Kingshill Road, Richmond Hill, Ontario, L4E 4X5
7.6
Our Lady of Hope
Public80 Red Cardinal Trail, Oak Ridges, Richmond Hill, Ontario, L4E 4B8
7.1
Father Frederick McGinn
Public61 Brockdale Street, Richmond Hill, Ontario, L4E 4W2
7.1
Académie de la Moraine
Public13200, Oak Ridges, Richmond Hill, Ontario, L4E 2T2
4.7

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.