56 Penwick Crescent, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of North Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,900 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 10.01 x 60 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via other
Description
Located on one of the most desirable streets in Richmond Hill, this warm and inviting home is just a short stroll to Yonge Street, offering convenient access to shopping, public transit, Hillcrest Mall, public and Catholic elementary schools, a community centre with a swimming pool, beautiful parks, scenic walking trails along the stream, and a popular dog park.Lovingly maintained and extensively renovated, the home underwent a major transformation approximately 10 years ago. Nearly every aspect of the interior and exterior was updated, including a spacious kitchen, quality flooring, smooth ceilings, interior doors, trim, finishes, and much more.This home offers three full bathrooms, providing exceptional convenience for families and guests alike.Major mechanical updates have been completed within the last three years, including the furnace, central air conditioner, and a fully owned hot water tank. The roof shingles were replaced approximately five years ago, offering added peace of mind for years to come.The bright, west-facing layout fills the home with natural afternoon and evening sunlight. From the main living area, enjoy views of the beautifully landscaped backyard featuring extensive interlocking stonework, a natural gas BBQ line, and a private patio-perfect for outdoor entertaining.The finished basement apartment with a separate entrance offers excellent potential as an in-law suite, nanny suite, or additional living space.The driveway comfortably accommodates up to five vehicles, making this home as practical as it is beautiful.This is a home that truly needs to be seen to be appreciated.
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Property Summary
This townhouse located at 56 Penwick Crescent, Richmond Hill is currently for sale and has been available on SousaSells for 1 day. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 56 Penwick Crescent, Richmond Hill is in the North Richvale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Interior Features
Carpet Free, In-Law Suite
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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 56 Penwick Crescent, Richmond Hill, ON L4C 5B4
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 $799,900 in Richmond Hill, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.
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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.