114 Genuine Lane, Richmond Hill

Price: $1,249,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13499324

Experience luxury living in this beautifully upgraded Urbantown by Treasure Hill, located in a prime Richmond Hill community. This contemporary townhome boasts soaring 10-ft ceilings on the main level and 9-ft ceilings on both upper and lower floors, creating a spacious and open feel throughout. The stunning chefs kitchen features custom cabinetry, a large granite waterfall centre island with breakfast bar, upgraded stainless steel appliances, and a built-in pantry. Enjoy elegant finishes including smooth ceilings, pot lights, oak staircase, and quality laminate flooring. The lower level offers a professionally finished walk-out basement with a separate entrance, ideal as an in-law suite, complete with a full 3-piece upgraded bath and walk-out to a private patio. Additional highlights include a luxurious primary ensuite with granite countertops and glass shower doors, and integrated smart home technology-control your garage, doorbell, door lock, and Nest thermostat all through a smart app. This home is also EV charger ready with 240V outlet, and ideally situated at the end of the street, offering added privacy, tranquility, and no through traffic. A rare opportunity with $$$ spent on upgrades in a sought-after location!

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active
New Listing
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$1,249,000 - 114 Genuine Lane, Richmond Hill

Townhouse for Sale in Richmond Hill

New — Listed 5 days ago

Neighbourhood: Doncrest

4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13499324
Property Type
Townhouse
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Experience luxury living in this beautifully upgraded Urbantown by Treasure Hill, located in a prime Richmond Hill community. This contemporary townhome boasts soaring 10-ft ceilings on the main level and 9-ft ceilings on both upper and lower floors, creating a spacious and open feel throughout. The stunning chefs kitchen features custom cabinetry, a large granite waterfall centre island with breakfast bar, upgraded stainless steel appliances, and a built-in pantry. Enjoy elegant finishes including smooth ceilings, pot lights, oak staircase, and quality laminate flooring. The lower level offers a professionally finished walk-out basement with a separate entrance, ideal as an in-law suite, complete with a full 3-piece upgraded bath and walk-out to a private patio. Additional highlights include a luxurious primary ensuite with granite countertops and glass shower doors, and integrated smart home technology-control your garage, doorbell, door lock, and Nest thermostat all through a smart app. This home is also EV charger ready with 240V outlet, and ideally situated at the end of the street, offering added privacy, tranquility, and no through traffic. A rare opportunity with $$$ spent on upgrades in a sought-after location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,524.75/mo

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5-yr fixed avg.

Principal: $999,200Interest: $658,224
Mortgage Amount$999,200
Total Interest$658,224
Est. Property Tax$885/mo
Total Cost$1,657,424

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: Doncrest

Discover Doncrest

Doncrest 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 Doncrest

  • 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

Doncrest 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

114 Genuine Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$1,935

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

Fair Market Value

At $833/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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.

About Doncrest

I know Doncrest well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    114 Genuine Lane, Richmond Hill | $1,249,000 | Battaglia Team