$998,000 - 16 Venture Avenue, Richmond Hill
Townhouse for Sale in Richmond Hill
Popular ListingNeighbourhood: Rouge Woods
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- MLS Number
- N13832448
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $5,898
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Step into this bright and inviting 3-bedroom home where soaring high ceilings create an open atmosphere that feels truly expansive. The generous layout delivers the room you need to stretch out and grow, ideal for upsizing families. Featuring hardwood flooring throughout, elegant 9-foot smooth ceilings, and stylish pot lights on the main floor and in the basement. Enjoy convenient direct indoor access to the garage (with a brand new garage door, and quiet door opener) . The generous primary bedroom offers a walk-in closet and a private FIVE-piece ensuite. A professionally finished basement adds a large recreation room, full bathroom and kitchenette; creating extra living and entertainment space. Located in the highly desirable Rouge Woods community of Richmond Hill, this property puts nature right at your doorstep. Multiple ravines and abundant green space surround the neighbourhood, giving outdoor loving kids (and adults) endless room to explore and play. Timber Mill Park, Lilac Grove parkette, Headwaters Community Park, and Apple Grove parkette are all within a short 5 minute walk. Very highly rated school system, Silver Stream Public School, Richmond Rose, Bayview Secondary and lots more. Side note: Freshly painted, new counter tops, new garage door, new fridge..and lots more.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
5-yr fixed avg.
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.
Discover Rouge Woods
Rouge Woods 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 Rouge Woods
- •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
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
Rouge Woods 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.
16 Venture Avenue, Richmond Hill
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $665/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 Rouge Woods
I know Rouge Woods 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.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.