22 George Bales Lane, Richmond Hill

Price: $1,053,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13855546

Welcome to 22 George Bales Lane! One of the newest modern townhomes to have a highly sought after Richmond Hill address! Ravine at the back. This thoughtfully designed 3 bedroom home has features like: direct access from the single car garage with private driveway and on a ravine lot that provides convenience and comfort. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location.

22 George Bales Lane - Townhouse photo 1 of 5 in Richmond Hill, Ontario
22 George Bales Lane - Townhouse photo 2 of 5 in Richmond Hill, Ontario
22 George Bales Lane - Townhouse photo 3 of 5 in Richmond Hill, Ontario
22 George Bales Lane - Townhouse photo 4 of 5 in Richmond Hill, Ontario
22 George Bales Lane - Townhouse photo 5 of 5 in Richmond Hill, Ontario
active
New Listing
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$1,053,000 - 22 George Bales Lane, Richmond Hill

Townhouse for Sale in Richmond Hill

New — Listed 5 days ago

Neighbourhood: Rural Richmond Hill

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

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Property Details
MLS Number
N13855546
Property Type
Townhouse
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$2,174
Listing Brokerage
RESIDENTIAL DEVELOPMENT SERVICES INC.
Description

Welcome to 22 George Bales Lane! One of the newest modern townhomes to have a highly sought after Richmond Hill address! Ravine at the back. This thoughtfully designed 3 bedroom home has features like: direct access from the single car garage with private driveway and on a ravine lot that provides convenience and comfort. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,657.77/mo

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5-yr fixed avg.

Principal: $842,400Interest: $554,932
Mortgage Amount$842,400
Total Interest$554,932
Est. Property Tax$746/mo
Total Cost$1,397,332

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: Rural Richmond Hill

Discover Rural Richmond Hill

Rural Richmond Hill 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 Rural Richmond Hill

  • •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

Rural Richmond Hill 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

22 George Bales Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$746
Insurance (est.)-$219
Net Cash Flow+$2,115

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 $702/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.

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.

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 Rural Richmond Hill

I know Rural Richmond Hill 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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    22 George Bales Lane, Richmond Hill | $1,053,000 | Battaglia Team