234 King Road Unit 32, Richmond Hill

Price: $1,100,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13457898

Luxury Living in Oak Ridges - Brand New Townhome by Carval Homes Welcome to Macau, an exclusive new community, located in the heart of Oak Ridges, Richmond Hill. This exceptional 1, 750 sq. ft. 2-storey townhome is linked only by the garage, offering a greater sense of privacy and a layout that lives more like a semi-detached- perfect for those seeking space, comfort, and distinction. Beautifully appointed with 3 spacious bedrooms, 3 bathrooms, a private backyard, and an attached garage with direct interior access, this home is thoughtfully designed for elevated modern living. Step into a bright, open-concept main floor featuring a chef-inspired kitchen with quartz countertops, an oversized island, and upgraded cabinetry. The elegant living and dining areas are ideal for both entertaining and everyday relaxation, with refined finishes throughout. Upstairs, the primary suite is a serene retreat with a walk-in closet and a spa-like ensuite. Two additional bedrooms, a full second bathroom, and convenient man level laundry. The unfinished basement offers endless potential to customize a home gym, media lounge, or guest suite. Step outside to your private backyard, perfect for entertaining, gardening, or simply enjoying quiet time outdoors. Enjoy the convenience of an attached garage with direct access to the home, as well as driveway parking. Located minutes to top-rated schools, scenic parks and trails, shops, GO Transit, and Hwy 400 & Hwy 404, this home delivers luxury, comfort, and connectivity in one of Richmond Hill's most sought-after communities.

234 King Road Unit 32 - Townhouse photo 1 of 4 in Richmond Hill, Ontario
234 King Road Unit 32 - Townhouse photo 2 of 4 in Richmond Hill, Ontario
234 King Road Unit 32 - Townhouse photo 3 of 4 in Richmond Hill, Ontario
234 King Road Unit 32 - Townhouse photo 4 of 4 in Richmond Hill, Ontario
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$1,100,000 - 234 King Road Unit 32, Richmond Hill

Townhouse for Sale in Richmond Hill

Neighbourhood: Oak Ridges

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13457898
Property Type
Townhouse
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX EXPERTS
Description

Luxury Living in Oak Ridges - Brand New Townhome by Carval Homes Welcome to Macau, an exclusive new community, located in the heart of Oak Ridges, Richmond Hill. This exceptional 1, 750 sq. ft. 2-storey townhome is linked only by the garage, offering a greater sense of privacy and a layout that lives more like a semi-detached- perfect for those seeking space, comfort, and distinction. Beautifully appointed with 3 spacious bedrooms, 3 bathrooms, a private backyard, and an attached garage with direct interior access, this home is thoughtfully designed for elevated modern living. Step into a bright, open-concept main floor featuring a chef-inspired kitchen with quartz countertops, an oversized island, and upgraded cabinetry. The elegant living and dining areas are ideal for both entertaining and everyday relaxation, with refined finishes throughout. Upstairs, the primary suite is a serene retreat with a walk-in closet and a spa-like ensuite. Two additional bedrooms, a full second bathroom, and convenient man level laundry. The unfinished basement offers endless potential to customize a home gym, media lounge, or guest suite. Step outside to your private backyard, perfect for entertaining, gardening, or simply enjoying quiet time outdoors. Enjoy the convenience of an attached garage with direct access to the home, as well as driveway parking. Located minutes to top-rated schools, scenic parks and trails, shops, GO Transit, and Hwy 400 & Hwy 404, this home delivers luxury, comfort, and connectivity in one of Richmond Hill's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

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: Oak Ridges

Discover Oak Ridges

Oak Ridges 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 Oak Ridges

  • 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

Oak Ridges 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

234 King Road Unit 32, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$1,722

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 $733/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 16 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.

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.

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 3 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 Oak Ridges

I know Oak Ridges 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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    234 King Road Unit 32, Richmond Hill | $1,100,000 | Battaglia Team