131 Castle Rock Drive, Richmond Hill

Price: $1,049,000

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13778488

Welcome to this bright, spacious and meticulously maintained two-storey detached home in the highly sought-after North Richvale community of Richmond Hill. Offering 3+1 bedrooms and 3 bathrooms, this inviting home is surprisingly spacious inside and a must-see! A standout feature is the finished basement with its own separate entrance and additional bedroom, offering excellent potential for an in-law suite, extended family living or future income-generating space to help offset mortgage costs. The functional kitchen opens to the dining area, creating an inviting space for family living and entertaining. Enjoy a beautiful backyard with deck, mature landscaping and cherry tree. Ideally located minutes from Yonge Street, Hillcrest Mall, Hwy 7, Hwy 407, transit, parks, restaurants and community facilities. Close to excellent schools and sought-after programs, including Alexander Mackenzie High School's Arts & IB Programs and Langstaff Secondary School's French Immersion Program. A wonderful opportunity in a quiet, family-friendly neighbourhood!

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active

$1,049,000 - 131 Castle Rock Drive, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: North Richvale

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
N13778488
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$5,009
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to this bright, spacious and meticulously maintained two-storey detached home in the highly sought-after North Richvale community of Richmond Hill. Offering 3+1 bedrooms and 3 bathrooms, this inviting home is surprisingly spacious inside and a must-see! A standout feature is the finished basement with its own separate entrance and additional bedroom, offering excellent potential for an in-law suite, extended family living or future income-generating space to help offset mortgage costs. The functional kitchen opens to the dining area, creating an inviting space for family living and entertaining. Enjoy a beautiful backyard with deck, mature landscaping and cherry tree. Ideally located minutes from Yonge Street, Hillcrest Mall, Hwy 7, Hwy 407, transit, parks, restaurants and community facilities. Close to excellent schools and sought-after programs, including Alexander Mackenzie High School's Arts & IB Programs and Langstaff Secondary School's French Immersion Program. A wonderful opportunity in a quiet, family-friendly neighbourhood!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,640.08/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $839,200Interest: $552,824
Mortgage Amount$839,200
Total Interest$552,824
Est. Property Tax$743/mo
Total Cost$1,392,024

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: North Richvale

Discover North Richvale

North Richvale 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 North Richvale

  • •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

North Richvale 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

131 Castle Rock Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$743
Insurance (est.)-$219
Net Cash Flow+$2,238

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 $954/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.

Market Position

At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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 3 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 North Richvale

I know North Richvale 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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    131 Castle Rock Drive, Richmond Hill | $1,049,000 | Battaglia Team