224 Matawin Lane, Richmond Hill

Price: $970,000

3 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13698796

Welcome To This Beautiful Corner Unit Townhome By Treasure Hill In The Desirable Legacy Hill Community. Featuring The Largest Layout In The Project At 1,502 Sq. Ft., With 2 Bedrooms + Home Studio, Perfect As A 3rd Bedroom, Home Office Or Family Room, 4 Bathrooms, A Finished Basement And 2 Private Balconies. Loaded With Builder Upgrades, Including Smooth Ceilings, Vinyl Flooring, And An Upgraded Kitchen With Quartz Countertops, Waterfall Island, Soft-Close Cabinetry And Stainless Steel Appliances. Quietly Located On An Interior Street Away From Major Mackenzie, With Visitor Parking Right At Your Doorstep. Minutes To Costco, T&T, Walmart, Parks And Top-Rated Schools, With Convenient Access To Public Transit And GO Station, Plus Quick Access To Hwy 404 & 407.

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active
New Listing
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$970,000 - 224 Matawin Lane, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 3 days ago

Neighbourhood: Headford Business Park

3Beds
4Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13698796
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Welcome To This Beautiful Corner Unit Townhome By Treasure Hill In The Desirable Legacy Hill Community. Featuring The Largest Layout In The Project At 1,502 Sq. Ft., With 2 Bedrooms + Home Studio, Perfect As A 3rd Bedroom, Home Office Or Family Room, 4 Bathrooms, A Finished Basement And 2 Private Balconies. Loaded With Builder Upgrades, Including Smooth Ceilings, Vinyl Flooring, And An Upgraded Kitchen With Quartz Countertops, Waterfall Island, Soft-Close Cabinetry And Stainless Steel Appliances. Quietly Located On An Interior Street Away From Major Mackenzie, With Visitor Parking Right At Your Doorstep. Minutes To Costco, T&T, Walmart, Parks And Top-Rated Schools, With Convenient Access To Public Transit And GO Station, Plus Quick Access To Hwy 404 & 407.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,976.60/mo

Includes CMHC insurance ($27,063)

$
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5%10%50%

5-yr fixed avg.

Principal: $873,000Interest: $592,918
Mortgage Amount$900,063
Total Interest$592,918
Est. Property Tax$687/mo
Total Cost$1,492,981

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: Headford Business Park

Discover Headford Business Park

Headford Business Park 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 Headford Business Park

  • 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

Headford Business Park 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

224 Matawin 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$687
Insurance (est.)-$202
Net Cash Flow+$1,281

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 $693/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.

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 Headford Business Park

I know Headford Business Park 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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    224 Matawin Lane, Richmond Hill | $970,000 | Battaglia Team