$1,389,000 - 3 Aubrey Avenue, Richmond Hill
New Construction for Sale in Richmond Hill
Neighbourhood: Oak Ridges
- MLS Number
- N13478552
- Property Type
- New Construction
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Dream location in the highly sought-after Oak Ridges community of Richmond Hill. An exceptional opportunity awaits on this massive, beautifully landscaped lot with an impressive *300 foot deep flat lot-a rare offering in one of the area's most desirable and evolving neighbourhoods. Whether your vision is to build a custom luxury home, expand, renovate, move right in, or invest in one of Richmond Hill's premier communities, the possibilities are endless. The surrounding streetscape continues to evolve with stunning custom-built homes, including neighbouring properties, making this an outstanding opportunity for builders, investors, and end users alike. Lovingly maintained by the same owner for decades, the existing home offers immediate comfort and livability while you plan your future project. Opportunities like this are becoming increasingly rare, as deep, flat lots in Oak Ridges seldom come to market. Don't miss your chance to secure a premium property in one of Richmond Hill's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$6,144.02/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 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
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.
3 Aubrey Avenue, Richmond Hill
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Rental income estimator & ROI calculator
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 $1263/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.
Market Position
At 15 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.
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.
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 $5,788 (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.