284 King Road, Richmond Hill

Price: $975,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13790460

A Rare Opportunity To Own A Distinguished Freehold End-Unit Townhome Offering An Exceptional Combination Of Space, Privacy And Refined Living In The Heart Of Oak Ridges. This Impressive 3-Bedroom, 3-Bathroom Residence Offers A Generous And Thoughtfully Designed Layout With The Comfort And Presence Buyers Often Seek In A Detached Home, Combined With The Convenience Of Townhome Living. Soaring Ceilings, Hardwood Flooring, Oak Stairs And An Elegant Open-Concept Layout Create A Bright And Sophisticated Interior. The Gourmet Kitchen Features Stainless Steel Appliances, Granite Countertops, A Breakfast Area And Direct Access To A Spacious Terrace, Perfect For Outdoor Dining And Entertaining. The Primary Retreat Offers A Walk-In Closet And Private Ensuite, While The Third Bedroom Features Its Own Balcony For An Added Touch Of Luxury. Beyond The Home, Oak Ridges Offers An Exceptional Lifestyle Surrounded By Nature, Recreation And Everyday Convenience. Enjoy Easy Access To Lake Wilcox, Parks, Trails, Community Facilities, Schools, Groceries, Restaurants, Cafés, Shops, Services And Public Transit. An Exceptional Opportunity For Buyers Seeking A Spacious End-Unit Freehold Home, Added Privacy And A Connected Community Lifestyle In One Of Richmond Hill's Most Desirable Neighbourhoods.

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$975,000 - 284 King Road, Richmond Hill

Townhouse for Sale in Richmond Hill

Neighbourhood: Oak Ridges

3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse

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Property Details
MLS Number
N13790460
Property Type
Townhouse
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$5,039
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

A Rare Opportunity To Own A Distinguished Freehold End-Unit Townhome Offering An Exceptional Combination Of Space, Privacy And Refined Living In The Heart Of Oak Ridges. This Impressive 3-Bedroom, 3-Bathroom Residence Offers A Generous And Thoughtfully Designed Layout With The Comfort And Presence Buyers Often Seek In A Detached Home, Combined With The Convenience Of Townhome Living. Soaring Ceilings, Hardwood Flooring, Oak Stairs And An Elegant Open-Concept Layout Create A Bright And Sophisticated Interior. The Gourmet Kitchen Features Stainless Steel Appliances, Granite Countertops, A Breakfast Area And Direct Access To A Spacious Terrace, Perfect For Outdoor Dining And Entertaining. The Primary Retreat Offers A Walk-In Closet And Private Ensuite, While The Third Bedroom Features Its Own Balcony For An Added Touch Of Luxury. Beyond The Home, Oak Ridges Offers An Exceptional Lifestyle Surrounded By Nature, Recreation And Everyday Convenience. Enjoy Easy Access To Lake Wilcox, Parks, Trails, Community Facilities, Schools, Groceries, Restaurants, Cafés, Shops, Services And Public Transit. An Exceptional Opportunity For Buyers Seeking A Spacious End-Unit Freehold Home, Added Privacy And A Connected Community Lifestyle In One Of Richmond Hill's Most Desirable Neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,002.26/mo

Includes CMHC insurance ($27,203)

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5%10%50%

5-yr fixed avg.

Principal: $877,500Interest: $595,974
Mortgage Amount$904,703
Total Interest$595,974
Est. Property Tax$691/mo
Total Cost$1,500,677

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

284 King Road, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$691
Insurance (est.)-$203
Net Cash Flow+$1,656

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

Fair Market Value

At $886/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 21 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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    284 King Road, Richmond Hill | $975,000 | Battaglia Team