32 Princeton Avenue, Richmond Hill

Price: $2,250,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13715390

An Absolute Rare & Spectacular Corner Ravine & Pond Lot, Featuring A Massive 65' Front., 3Car Garage, Natural Stone Ext., & Outstanding Curb Appeal. $$$$ Spent On Premium Upgrades & Renovations. The Original-Owner Residence Enjoys An Added Privacy From The Rear And West Side, With Apprx. 4,386 SF Total Living Space, Incl. 3,025 SF Above Grade & 1,361 SF Finished Basement. Main Floor w/ 10' Ceiling, Elegant Crown Moulding, Coffered Ceilings, Wainscoting, Pot Lights, Maple Hardwood Floor, 2'X4' Porcelain Tiles & Striking Upgraded Front Door. The Spacious Living Room Includes A Gas Fireplace w/ Stunning Book-Matched Quartz Slabs. A Formal Dining Room & Family Room w/ Gas Fireplace & Custom Millwork TV Unit. The Beautifully Renovated Kitchen Features Large Centre Island w/ Natural Stone Countertop, Solid-Wood Cabinetry, Quartz Countertop & Backsplash, JennAir Appliances, incl. Gas Cooktop & Oven/Microwave Combo. The Bright Breakfast Area Is Surrounded By Windows w/ California Shutters & Views Of The Spectacular Backyard. The 2nd Floor Offers 4 Spacious Bedrooms w/ Closet Organizers, A Separate Private Office That Can Also Serve As 5th Bedroom & Three Bathrooms. The Primary Suite Features A Luxurious 5-Piece Ensuite w/ Jacuzzi Tub. Finished Basement Adds Substantial Living And Entertaining Space w/ Large Recreation Room, Wet Bar, Bathroom, Cold Room & Tons Of Storage Areas-Ideal For Gatherings, Entertaining, Or Recreation. The Fully Transformed Backyard Is An Entertainer's Dream, Featuring Extensive Interlocking, Large Patio, Gazebo, Fire Pit & Complete Outdoor built-in Kitchen w/ Pizza Oven, New Kamado Joe Charcoal Grill, Gas BBQ & Cooktop & Sink. The Rare Full-Size 3-Car Garage Features Epoxy Flooring, Built-In Shelving & EV Charger. A Spacious Laundry Room w/ Custom Closet Organizers & Washer/Dryer. Smart-Home Features Include Security System, Cameras, Sensors, Whole-Home Internet Wiring w/ Access Points, Built-In Speakers & Smart Garage Door Controls & Ext. Lights.

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active

$2,250,000 - 32 Princeton Avenue, Richmond Hill

Detached for Sale in Richmond Hill

42 days on market

Neighbourhood: Rouge Woods

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached

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Property Details
MLS Number
N13715390
Property Type
Detached
Status
active
Days on Site
42
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$9,311
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

An Absolute Rare & Spectacular Corner Ravine & Pond Lot, Featuring A Massive 65' Front., 3Car Garage, Natural Stone Ext., & Outstanding Curb Appeal. $$$$ Spent On Premium Upgrades & Renovations. The Original-Owner Residence Enjoys An Added Privacy From The Rear And West Side, With Apprx. 4,386 SF Total Living Space, Incl. 3,025 SF Above Grade & 1,361 SF Finished Basement. Main Floor w/ 10' Ceiling, Elegant Crown Moulding, Coffered Ceilings, Wainscoting, Pot Lights, Maple Hardwood Floor, 2'X4' Porcelain Tiles & Striking Upgraded Front Door. The Spacious Living Room Includes A Gas Fireplace w/ Stunning Book-Matched Quartz Slabs. A Formal Dining Room & Family Room w/ Gas Fireplace & Custom Millwork TV Unit. The Beautifully Renovated Kitchen Features Large Centre Island w/ Natural Stone Countertop, Solid-Wood Cabinetry, Quartz Countertop & Backsplash, JennAir Appliances, incl. Gas Cooktop & Oven/Microwave Combo. The Bright Breakfast Area Is Surrounded By Windows w/ California Shutters & Views Of The Spectacular Backyard. The 2nd Floor Offers 4 Spacious Bedrooms w/ Closet Organizers, A Separate Private Office That Can Also Serve As 5th Bedroom & Three Bathrooms. The Primary Suite Features A Luxurious 5-Piece Ensuite w/ Jacuzzi Tub. Finished Basement Adds Substantial Living And Entertaining Space w/ Large Recreation Room, Wet Bar, Bathroom, Cold Room & Tons Of Storage Areas-Ideal For Gatherings, Entertaining, Or Recreation. The Fully Transformed Backyard Is An Entertainer's Dream, Featuring Extensive Interlocking, Large Patio, Gazebo, Fire Pit & Complete Outdoor built-in Kitchen w/ Pizza Oven, New Kamado Joe Charcoal Grill, Gas BBQ & Cooktop & Sink. The Rare Full-Size 3-Car Garage Features Epoxy Flooring, Built-In Shelving & EV Charger. A Spacious Laundry Room w/ Custom Closet Organizers & Washer/Dryer. Smart-Home Features Include Security System, Cameras, Sensors, Whole-Home Internet Wiring w/ Access Points, Built-In Speakers & Smart Garage Door Controls & Ext. Lights.

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Estimate your monthly payments for this property

Estimated Payment

$9,952.51/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,800,000Interest: $1,185,753
Mortgage Amount$1,800,000
Total Interest$1,185,753
Est. Property Tax$1,594/mo
Total Cost$2,985,753

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: Rouge Woods

Discover Rouge Woods

Rouge Woods 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 Rouge Woods

  • •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

Rouge Woods 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

32 Princeton Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,594
Insurance (est.)-$469
Net Cash Flow+$2,137

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 $750/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 42 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.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

Bathroom Count Matters

With 5 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.

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    32 Princeton Avenue, Richmond Hill | $2,250,000 | Battaglia Team