30 Riley Reed Lane, Richmond Hill

Price: $979,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13816518

Rare END-UNIT FREEHOLD townhome built by award-winning Arista Homes. Uniquely upgraded with a builder-customized ground floor that maximizes usable space for additional living area, avoiding the standard narrow hallway layout. Top-ranked schools, including Richmond Green Secondary and Thornlea Secondary (French Immersion). With Gormley GO and Richmond Hill GO nearby, and easy access to Highway 404, enjoy seamless connectivity to the city and beyond. Close to Costco, FreshCo, Food Basics, and Walmart. Thoughtfully designed for modern living, this rare residence offers space, natural light, versatility, and effortless indoor-outdoor living. A grand, wide entrance welcomes you into a beautifully appointed interior featuring smooth ceilings and 9-foot ceilings throughout the main living areas Ground floor upgrade includes removal of the walk-in closet for a more open and functional layout. The spacious kitchen features an expansive countertop, centre island, and stainless steel appliances. The open-concept living and dining areas extend to a large balcony, with private balcony access from the second bedroom. Three well-proportioned bedrooms and two full bathrooms, with both a shower and bathtub, offer comfort and flexibility for families and guests, or a home office. Primary ensuite features a frameless glass shower enclosure. From the side windows, enjoy clear views of fireworks at Richmond Green during Christmas Eve, New Year's Eve countdown, Canada Day, and more. The flexible lower level offers additional space for a variety of lifestyle needs. Ample visitor parking at the rear. Enjoy an enviable location surrounded by parks, recreation, and community amenities, with future North Leslie Community Park East just a short walk away. Richmond Green Sports Centre & Park offers cycling and skating trails, soccer fields, and outdoor recreation. A rare opportunity to enjoy refined comfort and an exceptional lifestyle. Come experience all this remarkable home has to offer!

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$979,000 - 30 Riley Reed Lane, Richmond Hill

Townhouse for Sale in Richmond Hill

Neighbourhood: Rural Richmond Hill

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse

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Property Details
MLS Number
N13816518
Property Type
Townhouse
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$5,526
Listing Brokerage
KELLER WILLIAMS EMPOWERED REALTY
Description

Rare END-UNIT FREEHOLD townhome built by award-winning Arista Homes. Uniquely upgraded with a builder-customized ground floor that maximizes usable space for additional living area, avoiding the standard narrow hallway layout. Top-ranked schools, including Richmond Green Secondary and Thornlea Secondary (French Immersion). With Gormley GO and Richmond Hill GO nearby, and easy access to Highway 404, enjoy seamless connectivity to the city and beyond. Close to Costco, FreshCo, Food Basics, and Walmart. Thoughtfully designed for modern living, this rare residence offers space, natural light, versatility, and effortless indoor-outdoor living. A grand, wide entrance welcomes you into a beautifully appointed interior featuring smooth ceilings and 9-foot ceilings throughout the main living areas Ground floor upgrade includes removal of the walk-in closet for a more open and functional layout. The spacious kitchen features an expansive countertop, centre island, and stainless steel appliances. The open-concept living and dining areas extend to a large balcony, with private balcony access from the second bedroom. Three well-proportioned bedrooms and two full bathrooms, with both a shower and bathtub, offer comfort and flexibility for families and guests, or a home office. Primary ensuite features a frameless glass shower enclosure. From the side windows, enjoy clear views of fireworks at Richmond Green during Christmas Eve, New Year's Eve countdown, Canada Day, and more. The flexible lower level offers additional space for a variety of lifestyle needs. Ample visitor parking at the rear. Enjoy an enviable location surrounded by parks, recreation, and community amenities, with future North Leslie Community Park East just a short walk away. Richmond Green Sports Centre & Park offers cycling and skating trails, soccer fields, and outdoor recreation. A rare opportunity to enjoy refined comfort and an exceptional lifestyle. Come experience all this remarkable home has to offer!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,022.78/mo

Includes CMHC insurance ($27,314)

$
$
5%10%50%

5-yr fixed avg.

Principal: $881,100Interest: $598,419
Mortgage Amount$908,414
Total Interest$598,419
Est. Property Tax$693/mo
Total Cost$1,506,833

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: Rural Richmond Hill

Discover Rural Richmond Hill

Rural Richmond Hill 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 Rural Richmond Hill

  • •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

Rural Richmond Hill 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

30 Riley Reed Lane, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$693
Insurance (est.)-$204
Net Cash Flow+$1,833

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 $653/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 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.

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 Rural Richmond Hill

I know Rural Richmond Hill 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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    30 Riley Reed Lane, Richmond Hill | $979,000 | Battaglia Team