2 Ludford Drive, Richmond Hill

Price: $1,550,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13624674

Situated on a desirable corner lot, this stunning 4 bedrooms, 3 bathrooms home is filled with an abundance of natural light, creating a bright and welcoming atmosphere throughout. Designed for both everyday living and entertaining, the main level features elegant hardwood and tile flooring, a spacious family room, a formal dining room, and the convenience of a main floor laundry room with ample cabinet storage. At the heart of the home is the beautifully upgraded kitchen, complete with granite countertops, and a sun-filled breakfast area with a walk-out to the backyard, seamlessly blending indoor and outdoor living.A standout feature of this home is the private second-floor family room, where a cozy gas fireplace creates the perfect retreat for relaxing with family or unwinding at the end of the day. The finished basement extends the home's living space, featuring an additional bedroom and offering endless possibilities for an in-law suite, guest accommodations, gym, or recreation room. This thoughtfully designed home offers the perfect combination of space, style, and functionality, making it an outstanding opportunity for families seeking comfort, elegance, and a place to call home.Roof (2020), Furnace (2020)

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$1,550,000 - 2 Ludford Drive, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: Langstaff

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13624674
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Situated on a desirable corner lot, this stunning 4 bedrooms, 3 bathrooms home is filled with an abundance of natural light, creating a bright and welcoming atmosphere throughout. Designed for both everyday living and entertaining, the main level features elegant hardwood and tile flooring, a spacious family room, a formal dining room, and the convenience of a main floor laundry room with ample cabinet storage. At the heart of the home is the beautifully upgraded kitchen, complete with granite countertops, and a sun-filled breakfast area with a walk-out to the backyard, seamlessly blending indoor and outdoor living.A standout feature of this home is the private second-floor family room, where a cozy gas fireplace creates the perfect retreat for relaxing with family or unwinding at the end of the day. The finished basement extends the home's living space, featuring an additional bedroom and offering endless possibilities for an in-law suite, guest accommodations, gym, or recreation room. This thoughtfully designed home offers the perfect combination of space, style, and functionality, making it an outstanding opportunity for families seeking comfort, elegance, and a place to call home.Roof (2020), Furnace (2020)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,856.17/mo

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5-yr fixed avg.

Principal: $1,240,000Interest: $816,852
Mortgage Amount$1,240,000
Total Interest$816,852
Est. Property Tax$1,098/mo
Total Cost$2,056,852

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: Langstaff

Discover Langstaff

Langstaff 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 Langstaff

  • 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

Langstaff 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

2 Ludford Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,098
Insurance (est.)-$323
Net Cash Flow+$2,279

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 $775/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.

Market Position

At 24 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.

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 Langstaff

I know Langstaff 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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    2 Ludford Drive, Richmond Hill | $1,550,000 | Battaglia Team