20 Genuine Lane, Richmond Hill

Price: $1,289,900

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: N13551042

Welcome to this stunning townhome in the highly sought-after Urban Towns on Bayview, ideally situated in one of the most desirable locations in the complex, backing onto tranquil green space for exceptional privacy and picturesque views.Designed with modern living in mind, the open-concept layout is bathed in natural light through expansive windows, offering beautiful east and west exposure. Enjoy your morning coffee or unwind at the end of the day on the private deck or patio, surrounded by nature.The chef-inspired kitchen is a showpiece, featuring sleek European-designed cabinetry, a stylish mosaic tile backsplash, upgraded stainless steel appliances, a built-in microwave, and a stunning oversized granite waterfall island with a breakfast bar-perfect for entertaining and everyday living.Soaring 10-foot smooth ceilings on the main level and 9-foot ceilings on the upper and lower levels create an airy, spacious atmosphere throughout the home.Thoughtfully upgraded by the original owners, this home includes California shutters throughout the main and second floors, custom blinds in the lower level, upgraded light fixtures with pot lights, an electric vehicle charger, and a kitchen water purifier. The recently refreshed stucco exterior at both the front and rear enhances the home's clean, modern curb appeal.Meticulously maintained and showcasing true pride of ownership, this exceptional residence offers the perfect blend of style, comfort, and convenience steps to parks and transit, top rated schools, Hwy 7, 407,404

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$1,289,900 - 20 Genuine Lane, Richmond Hill

Condo for Sale in Richmond Hill

44 days on market

Neighbourhood: Doncrest

3Beds
4Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
N13551042
Property Type
Condo
Status
active
Days on Site
44
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
East West
Balcony
Open
Listing Brokerage
RE/MAX ATRIUM HOME REALTY
Description

Welcome to this stunning townhome in the highly sought-after Urban Towns on Bayview, ideally situated in one of the most desirable locations in the complex, backing onto tranquil green space for exceptional privacy and picturesque views.Designed with modern living in mind, the open-concept layout is bathed in natural light through expansive windows, offering beautiful east and west exposure. Enjoy your morning coffee or unwind at the end of the day on the private deck or patio, surrounded by nature.The chef-inspired kitchen is a showpiece, featuring sleek European-designed cabinetry, a stylish mosaic tile backsplash, upgraded stainless steel appliances, a built-in microwave, and a stunning oversized granite waterfall island with a breakfast bar-perfect for entertaining and everyday living.Soaring 10-foot smooth ceilings on the main level and 9-foot ceilings on the upper and lower levels create an airy, spacious atmosphere throughout the home.Thoughtfully upgraded by the original owners, this home includes California shutters throughout the main and second floors, custom blinds in the lower level, upgraded light fixtures with pot lights, an electric vehicle charger, and a kitchen water purifier. The recently refreshed stucco exterior at both the front and rear enhances the home's clean, modern curb appeal.Meticulously maintained and showcasing true pride of ownership, this exceptional residence offers the perfect blend of style, comfort, and convenience steps to parks and transit, top rated schools, Hwy 7, 407,404

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,705.66/mo

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5-yr fixed avg.

Principal: $1,031,920Interest: $679,779
Mortgage Amount$1,031,920
Total Interest$679,779
Est. Property Tax$914/mo
Total Cost$1,711,699

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: Doncrest

Discover Doncrest

Doncrest 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 Doncrest

  • 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

Doncrest 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

20 Genuine Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$1,300
Property Tax (est.)-$914
Insurance (est.)-$269
Net Cash Flow+$1,077

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 $645/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 44 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 Doncrest

I know Doncrest 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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    20 Genuine Lane, Richmond Hill | $1,289,900 | Battaglia Team