$1,239,000 - 286 Palmer Avenue, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed yesterdayNeighbourhood: Harding
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- MLS Number
- N13866228
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $7,184
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Welcome To This Beautifully Renovated Detached Bungalow, Ideally Located In Richmond Hill Near Bayview Ave. & Major Mackenzie Dr. Situated On A Generous 50' X 100' Lot, This 2+3 Bedroom, 2 Bathroom Home Has Been Extensively Updated From Top To Bottom, Offering A Turnkey Opportunity In An Established Neighbourhood Surrounded By New-Home Construction And Redevelopment.Completely Gutted And Renovated Approx. Two Years Ago, The Home Was Rebuilt With Care And Attention To Detail, Including Updates To The Interior Walls And Major Building Systems. The Renovations Were Approved And Inspected By The Municipality Of Richmond Hill. The Bright, Modern Interior Features A Stylish Kitchen With Soft-Close Cabinetry, Coordinating Bathroom Vanities, Energy-Efficient Windows And Rechargeable Electric Blinds. Additional Upgrades Include 200-Amp Electrical Service, An Owned Tankless Water Heater, Newer Furnace, Heat Pump Providing Central Heating And Cooling, Foam-Insulated Attic And A Roof Approx. Two Years Old.The Lower Level Adds Exceptional Versatility, With Three Additional Bedrooms, A Full Bathroom And Approx. 8' Ceiling Heights In Many Areas. While Currently Used As One Residence, The Home Was Designed With The Potential For Two Separate Living Spaces And Separate Entrances, Offering Flexibility For An Extended Family Or Other Future Uses, Subject To Municipal Requirements And Buyer Verification.Outside, Enjoy A Large Fully Fenced Backyard, Parking For Four Cars And An Insulated Approx. 16' X 10' Detached Garage Complete With Full Electrical Service And Its Own Panel. Conveniently Located Close To Shopping, Schools, Parks, Transit And Everyday Amenities, With Easy Access To Bayview Ave. And Major Mackenzie Dr. An Excellent Opportunity To Own A Fully Renovated Detached Home On A 50' X 100' Lot In The Heart Of Richmond Hill.
Estimate your monthly payments for this property
Estimated Payment
$5,480.51/mo
5-yr fixed avg.
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.
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
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.
286 Palmer Avenue, Richmond Hill
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1770/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.