16 Wainwright Avenue, Richmond Hill

Price: $1,799,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13600364

Nestled On A Premium 48.56 x 120 Ft Lot In Prestigious North Richvale, Surrounded By Multi-Million-Dollar Custom Homes, This Beautifully Maintained Detached Family Home Offers Over 4,100 Sq.Ft. Of Total Living Space, Including 2,542 Sq.Ft. Above Grade Per MPAC Plus Finished Basement. South-Facing Exposure Fills The Home With Natural Light, While Its Quiet Dead-End Street Location With No Sidewalk Offers Privacy, Safety And Extra Driveway Convenience. Featuring A 2-Car Garage, Private Driveway With 6-Car Parking, And A Sun-Filled Fenced Backyard With Large Deck And Mature Greenery, This Is The Home Growing Families Have Been Waiting For. Step Inside To A Grand Curved Staircase, Rich Hardwood Floors, Pot Lights, And Bright, Inviting Principal Rooms Designed For Both Comfortable Family Living And Effortless Entertaining. The Elegant Living Room Features A Bay Window And French Doors, While The Formal Dining Room Overlooks The Backyard. The Updated Kitchen Features Changed Cabinet Doors, Stone Countertop, Stainless Steel Appliances, Backsplash, Breakfast Area And Large Windows, Flowing Into The Spacious Family Room With A Cozy Wood Fireplace And Walk-Out To The Deck, Creating The Perfect Backdrop For Summer Barbecues, Children's Play And Memorable Gatherings. The Second Floor Offers 4 Generous Bedrooms, Including A Spacious Primary Retreat With A 5-Pc Ensuite And Walk-In Closet. Three Additional Bedrooms, Each With Hardwood Floors, Windows And Closets, Share A Well-Appointed 4-Pc Bath. Finished Basement Apartment, Completed In 2020 With Approx. $100K Spent, Features Separate Entrance From Garage, Kitchen, Open Concept Recreation Area, Bedroom, 3-Pc Bath, Pot Lights, Tile Flooring, High Ceilings And 200-Amp Service, Ideal For Extended Family, In-Law Suite Or Rental Potential. Roof Shingles Changed In 2021. Furnace And A/C Owned. Prime Location Close To Parks, Schools, Hospital, Community Centre, Yonge St, Transit, Shopping, Restaurants, Library And All Amenities.

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active
New Listing
1/35

$1,799,000 - 16 Wainwright Avenue, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 2 days ago

Neighbourhood: North Richvale

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13600364
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
EXP REALTY
Description

Nestled On A Premium 48.56 x 120 Ft Lot In Prestigious North Richvale, Surrounded By Multi-Million-Dollar Custom Homes, This Beautifully Maintained Detached Family Home Offers Over 4,100 Sq.Ft. Of Total Living Space, Including 2,542 Sq.Ft. Above Grade Per MPAC Plus Finished Basement. South-Facing Exposure Fills The Home With Natural Light, While Its Quiet Dead-End Street Location With No Sidewalk Offers Privacy, Safety And Extra Driveway Convenience. Featuring A 2-Car Garage, Private Driveway With 6-Car Parking, And A Sun-Filled Fenced Backyard With Large Deck And Mature Greenery, This Is The Home Growing Families Have Been Waiting For. Step Inside To A Grand Curved Staircase, Rich Hardwood Floors, Pot Lights, And Bright, Inviting Principal Rooms Designed For Both Comfortable Family Living And Effortless Entertaining. The Elegant Living Room Features A Bay Window And French Doors, While The Formal Dining Room Overlooks The Backyard. The Updated Kitchen Features Changed Cabinet Doors, Stone Countertop, Stainless Steel Appliances, Backsplash, Breakfast Area And Large Windows, Flowing Into The Spacious Family Room With A Cozy Wood Fireplace And Walk-Out To The Deck, Creating The Perfect Backdrop For Summer Barbecues, Children's Play And Memorable Gatherings. The Second Floor Offers 4 Generous Bedrooms, Including A Spacious Primary Retreat With A 5-Pc Ensuite And Walk-In Closet. Three Additional Bedrooms, Each With Hardwood Floors, Windows And Closets, Share A Well-Appointed 4-Pc Bath. Finished Basement Apartment, Completed In 2020 With Approx. $100K Spent, Features Separate Entrance From Garage, Kitchen, Open Concept Recreation Area, Bedroom, 3-Pc Bath, Pot Lights, Tile Flooring, High Ceilings And 200-Amp Service, Ideal For Extended Family, In-Law Suite Or Rental Potential. Roof Shingles Changed In 2021. Furnace And A/C Owned. Prime Location Close To Parks, Schools, Hospital, Community Centre, Yonge St, Transit, Shopping, Restaurants, Library And All Amenities.

Mortgage Calculator

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Estimated Payment

$7,957.58/mo

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5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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

16 Wainwright Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$2,301

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

Competitive Pricing

At $720/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.

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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.

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 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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    16 Wainwright Avenue, Richmond Hill | $1,799,000 | Battaglia Team