255 Cedar Avenue, Richmond Hill

Price: $799,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: N13496994

Rarely Available 252 Ft Deep Lot Semi-Detached Home Fronting Lennox Park In The Heart Of Richmond Hill!This Exceptionally Well-Maintained Home Is Nestled On A Quiet, Family-Friendly Street, Offering Outstanding Privacy And Serene Green Space Views.The Main Floor Features A Functional Layout With A Bright Living Room And An Open-Concept Kitchen Equipped With Stainless Steel Appliances, Overlooking A Spacious Breakfast Area With Views Of The Beautiful, Blooming Backyard. The Expansive Backyard Oasis Serves As A True Private Retreat, Complete With A Large Deck, Three Storage Sheds, Firepit, And Abundant Green Space-Perfect For Entertaining, Relaxing, Or Enjoying Nature At Home.Upstairs Offers A Well-Designed 3-Bedroom Layout, Each Bedroom Filled With Natural Light And Excellent Sun Exposure A Full 4-Piece Bathroom Completes The Upper Level.The Finished Basement Provides A Cozy Family Room With Gas Fireplace, A 3-Piece Bathroom, Laundry Area, And Ample Storage Space.A Generous 4-Car Driveway Adds Exceptional Everyday Convenience.Prime Location Just Steps To Harding Park, GO Station, Schools, Parks, And Trails, And Only Minutes To Yonge Street, Mackenzie Health Hospital, Richmond Hill Public Library, Shopping, Dining, And Major Highways.

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$799,000 - 255 Cedar Avenue, Richmond Hill

Semi-Detached for Sale in Richmond Hill

Popular Listing

Neighbourhood: Harding

3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
N13496994
Property Type
Semi-Detached
Status
active
Days on Site
8
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
SMART SOLD REALTY
Description

Rarely Available 252 Ft Deep Lot Semi-Detached Home Fronting Lennox Park In The Heart Of Richmond Hill!This Exceptionally Well-Maintained Home Is Nestled On A Quiet, Family-Friendly Street, Offering Outstanding Privacy And Serene Green Space Views.The Main Floor Features A Functional Layout With A Bright Living Room And An Open-Concept Kitchen Equipped With Stainless Steel Appliances, Overlooking A Spacious Breakfast Area With Views Of The Beautiful, Blooming Backyard. The Expansive Backyard Oasis Serves As A True Private Retreat, Complete With A Large Deck, Three Storage Sheds, Firepit, And Abundant Green Space-Perfect For Entertaining, Relaxing, Or Enjoying Nature At Home.Upstairs Offers A Well-Designed 3-Bedroom Layout, Each Bedroom Filled With Natural Light And Excellent Sun Exposure A Full 4-Piece Bathroom Completes The Upper Level.The Finished Basement Provides A Cozy Family Room With Gas Fireplace, A 3-Piece Bathroom, Laundry Area, And Ample Storage Space.A Generous 4-Car Driveway Adds Exceptional Everyday Convenience.Prime Location Just Steps To Harding Park, GO Station, Schools, Parks, And Trails, And Only Minutes To Yonge Street, Mackenzie Health Hospital, Richmond Hill Public Library, Shopping, Dining, And Major Highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

255 Cedar Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,068

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 $726/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.

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.

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.

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.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    255 Cedar Avenue, Richmond Hill | $799,000 | Battaglia Team