32 Romance Drive, Richmond Hill

Price: $999,900

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13526934

Location! Location! Location! Rare Available End Unit Freehold Townhome In The Heart Of Prestigious Richmond Hill Neighbourhood *Minutes To Highway 404, GO And VIVA Transits, Home Depot, Costco, Community Centre And All Other Amenities *Steps To Richmond Rose Public School And Bayview Secondary High School *Bright And Spacious Corner House With Lots Of Windows *Cathedral Ceiling At Entrance With 2-Storey Big Window *Well Maintained Family Home In Good Condition *9' Ceiling On Main Floor *Upgraded Unobstructed Sunny Family Home Backs Onto Ravine *Finished Walk-Out Basement With 2PCS Washroom *M/F Laundry *Entrance From Garage To House

32 Romance Drive - Townhouse photo 1 of 18 in Richmond Hill, Ontario
32 Romance Drive - Townhouse photo 2 of 18 in Richmond Hill, Ontario
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32 Romance Drive - Townhouse photo 18 of 18 in Richmond Hill, Ontario
active
New Listing
1/18

$999,900 - 32 Romance Drive, Richmond Hill

Townhouse for Sale in Richmond Hill

New — Listed yesterday

Neighbourhood: Rouge Woods

3Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13526934
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
HOMELIFE GOLD PACIFIC REALTY INC.
Description

Location! Location! Location! Rare Available End Unit Freehold Townhome In The Heart Of Prestigious Richmond Hill Neighbourhood *Minutes To Highway 404, GO And VIVA Transits, Home Depot, Costco, Community Centre And All Other Amenities *Steps To Richmond Rose Public School And Bayview Secondary High School *Bright And Spacious Corner House With Lots Of Windows *Cathedral Ceiling At Entrance With 2-Storey Big Window *Well Maintained Family Home In Good Condition *9' Ceiling On Main Floor *Upgraded Unobstructed Sunny Family Home Backs Onto Ravine *Finished Walk-Out Basement With 2PCS Washroom *M/F Laundry *Entrance From Garage To House

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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 Romance Drive, 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.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,814

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 $667/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.

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.

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 4 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 Rouge Woods

I know Rouge Woods 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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    32 Romance Drive, Richmond Hill | $999,900 | Battaglia Team