$1,216,000 - 21 Iron Horse Avenue, Richmond Hill
Townhouse for Sale in Richmond Hill
Popular ListingNeighbourhood: Langstaff
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- MLS Number
- N13876778
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 14
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2025)
- $5,962
- Listing Brokerage
- JDL REALTY INC.
BRIGHT & BEAUTIFULLY RENOVATED CORNER-UNIT FREEHOLD TOWNHOME in a highly sought-after Richmond Hill neighbourhood! Approx. 1,850 sq. ft. plus a FINISHED BASEMENT, offering exceptional space for the whole family. This move-in-ready home features 3 spacious bedrooms, a functional open-concept layout, renovated kitchen & bathrooms, upgraded flooring throughout the upper level with NO CARPET, and large windows bringing in an abundance of natural light. OVER $50,000 SPENT ON UPGRADES & RENOVATIONS! The FINISHED BASEMENT features a kitchen, bathroom & 2 additional rooms, providing excellent additional living space for a recreation room, home office or guest area. Enjoy a fully fenced backyard, private driveway and direct garage access. 3 parking spaces- 1 garage+ 2 driveway. Located in a TOP-RANKED SCHOOL AREA, close to parks, shopping, restaurants, public transit, Hwy 7 & 407. NO MAINTENANCE FEES! A rare opportunity to own a spacious, upgraded END-UNIT FREEHOLD TOWNHOME in one of Richmond Hill's most desirable family-friendly communities. BRIGHT, SPACIOUS & MOVE-IN READY!
Estimate your monthly payments for this property
Estimated Payment
$5,378.78/mo
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 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
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.
21 Iron Horse 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
Fair Market Value
At $811/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.
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.
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.
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 $5,067 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.