$1,250,000 - 34 Banshee Lane, Richmond Hill
Townhouse for Sale in Richmond Hill
Popular ListingNeighbourhood: Oak Ridges
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- MLS Number
- N13831144
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $5,169
- Listing Brokerage
- HOMELIFE GOLCONDA REALTY INC.
Experience refined luxury in this exceptionally private south-facing end-unit townhome, offering over 2,000 sq. ft. of living space in an Oak Ridges enclave, set back from the main road. Built by Fifth Avenue Homes, renowned for craftsmanship and timeless Italian-inspired design, the residence is surrounded by nature trails and just minutes from Lake Wilcox, where luxury, comfort, and nature meet. * Upgraded throughout, this home features expansive windows, 10-ft smooth ceilings on the main level, smooth ceilings throughout, 5-inch baseboards, and a remote-controlled natural gas fireplace. The south-facing orientation enhances natural light and creates a welcoming atmosphere year-round. * The gourmet kitchen features a premium Sub-Zero refrigerator with built-in wine storage, Wolf gas range, ASKO dishwasher, Sirius wall-mounted chimney-style range hood, quartz countertops, waterfall island, extended upper cabinetry, and abundant storage. A walk-out leads to a balcony with a gas BBQ line, ideal for dining and entertaining. * The family room opens to a private garden terrace, creating an outdoor retreat. The primary bedroom offers a walk-in closet with custom organizer, while two additional bedrooms each feature walk-out balconies.Control4 smart home automation provides remote control of indoor and outdoor lighting, automatic climate control, and front-door monitoring for convenience and security. Residents enjoy a private parkette within the enclave, providing a space to relax and connect with neighbours, complemented by an active resident WhatsApp group fostering community spirit. * Families will appreciate educational options nearby, including reputable public and Catholic schools, as well as private schools Holy Trinity School, The Country Day School, and St. Andrew's College in Aurora. * This residence combines premium finishes, sophisticated technology, and timeless design in one of Oak Ridges' most desirable natural settings.
Estimate your monthly payments for this property
Estimated Payment
$5,529.17/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.
34 Banshee Lane, 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
Competitive Pricing
At $625/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.
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 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 $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.