225 Essex Avenue, Richmond Hill

Price: $999,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N14088882

Welcome to 225 Essex Ave, Richmond Hill. Extensively renovated inside and out, this detached bungalow combines refined modern finishes with exceptional functionality.The main level showcases a bright, open-concept living space with quality craftsmanship throughout, featuring three well-proportioned bedrooms and a sleek, fully updated 4-piece washroom. The finished lower level offers versatile additional living space complete with a second full washroom, private entrance, and flexible layout-ideal for extended family, in-law accommodations, or income potential.Situated on a generous 50 x 150 ft private lot with a detached garage and ample driveway parking. Upgraded with modern high-efficiency mechanical systems for year-round comfort and energy savings. Conveniently located in the desirable Harding neighbourhood, just minutes to top-rated schools, parks, shopping, Richmond Hill GO Station, and major transit routes.

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New Listing
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$999,000 - 225 Essex Avenue, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 6 days ago

Neighbourhood: Harding

5Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
N14088882
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$5,225
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 225 Essex Ave, Richmond Hill. Extensively renovated inside and out, this detached bungalow combines refined modern finishes with exceptional functionality.The main level showcases a bright, open-concept living space with quality craftsmanship throughout, featuring three well-proportioned bedrooms and a sleek, fully updated 4-piece washroom. The finished lower level offers versatile additional living space complete with a second full washroom, private entrance, and flexible layout-ideal for extended family, in-law accommodations, or income potential.Situated on a generous 50 x 150 ft private lot with a detached garage and ample driveway parking. Upgraded with modern high-efficiency mechanical systems for year-round comfort and energy savings. Conveniently located in the desirable Harding neighbourhood, just minutes to top-rated schools, parks, shopping, Richmond Hill GO Station, and major transit routes.

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Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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: Harding

Discover Harding

Harding 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 Harding

  • •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

Harding 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

225 Essex Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,684

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

Premium Pricing

At $1427/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

About Harding

I know Harding 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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    225 Essex Avenue, Richmond Hill | $999,000 | Battaglia Team