162 Laverock Avenue, Richmond Hill

Price: $1,399,800

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13731710

Beautifully Updated Detached Home Nestled In A Quiet, Tree-Lined Dead-End Street With A Park At The End in Family-Oriented Mill Pond Neighbourhood. The Main Floor Boasts A Bright, Spacious Open-Concept Design, Creating An Elegant And Inviting Setting For Entertaining Guests And Effortlessly Hosting Family Gatherings. A Spacious Family Room Features A Walk-Out To A Large Deck, Extending The Living Space Outdoors To A Private, Fully Fenced Backyard-Perfect For Outdoor Entertaining. The Gourmet Kitchen Features High-End S/S Appliances, Stylish Backsplash And Granite Countertops. The Primary Bedroom Is Enhanced By A Built-In Closet And A 5-Pc Ensuite Featuring A Jacuzzi, The Second Bedroom Offers A Built-In Closet And Organizer. Finished Basement Apartment With Separate Entrance And Separate Laundry Offers Excellent Flexibility For Extended Family Or Extra Income. Enjoy A Long Driveway With No Sidewalk In Front, Providing Ample Parking, Along With Smart Home Features Including An Integrated Security System And Cameras. Ideally Located Close To Schools, Parks, Yonge St, Shopping, Transit, Library And Mackenzie Health. A Refined Blend Of Comfort, Style And Convenience In One Of Richmond Hill's Most Sought-After Family-Friendly Communities.

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$1,399,800 - 162 Laverock Avenue, Richmond Hill

Detached for Sale in Richmond Hill

36 days on market

Neighbourhood: Mill Pond

4Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
N13731710
Property Type
Detached
Status
active
Days on Site
36
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$5,739
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Beautifully Updated Detached Home Nestled In A Quiet, Tree-Lined Dead-End Street With A Park At The End in Family-Oriented Mill Pond Neighbourhood. The Main Floor Boasts A Bright, Spacious Open-Concept Design, Creating An Elegant And Inviting Setting For Entertaining Guests And Effortlessly Hosting Family Gatherings. A Spacious Family Room Features A Walk-Out To A Large Deck, Extending The Living Space Outdoors To A Private, Fully Fenced Backyard-Perfect For Outdoor Entertaining. The Gourmet Kitchen Features High-End S/S Appliances, Stylish Backsplash And Granite Countertops. The Primary Bedroom Is Enhanced By A Built-In Closet And A 5-Pc Ensuite Featuring A Jacuzzi, The Second Bedroom Offers A Built-In Closet And Organizer. Finished Basement Apartment With Separate Entrance And Separate Laundry Offers Excellent Flexibility For Extended Family Or Extra Income. Enjoy A Long Driveway With No Sidewalk In Front, Providing Ample Parking, Along With Smart Home Features Including An Integrated Security System And Cameras. Ideally Located Close To Schools, Parks, Yonge St, Shopping, Transit, Library And Mackenzie Health. A Refined Blend Of Comfort, Style And Convenience In One Of Richmond Hill's Most Sought-After Family-Friendly Communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,191.79/mo

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5-yr fixed avg.

Principal: $1,119,840Interest: $737,696
Mortgage Amount$1,119,840
Total Interest$737,696
Est. Property Tax$992/mo
Total Cost$1,857,536

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: Mill Pond

Discover Mill Pond

Mill Pond 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 Mill Pond

  • •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

Mill Pond 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

162 Laverock Avenue, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$992
Insurance (est.)-$292
Net Cash Flow+$1,916

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 $933/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 36 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 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 Mill Pond

I know Mill Pond 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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    162 Laverock Avenue, Richmond Hill | $1,399,800 | Battaglia Team