41 Matawin Lane, Richmond Hill

Price: $988,000

3 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13660538

Exceptional 3-Bedroom, 4-Bath Townhome in Legacy Hill by Treasure Hill! Ideally located in the heart of Richmond Hill at Hwy 404 & Major Mackenzie Dr., this exceptional home offers the perfect blend of privacy, greenery, and everyday convenience. Enjoy the rare benefit of visitor parking conveniently located near the unit, including spaces right at your doorstep-perfect for both daily living and entertaining.One of the community's largest and most functional layouts, this contemporary condo townhome features two private balconies, abundant natural light, and thoughtfully designed living spaces. The main level welcomes you with a bright, inviting living room featuring a cozy fireplace and oversized windows. The modern kitchen boasts quartz countertops, stainless steel appliances, and sleek cabinetry, seamlessly connecting to a spacious dining area with a walk-out to a large deck-ideal for outdoor dining, entertaining, or relaxing.An elegant oak staircase and refined finishes add warmth and sophistication throughout. Upstairs, two generously sized bedrooms each enjoy convenient access to a full bathroom. The primary suite features a walk-in closet and private ensuite, while the second bedroom offers its own full bathroom and peaceful views.The ground level provides a versatile space ideal for a third bedroom, home office, or family room. A finished basement with an upgraded bathroom featuring a shower offers additional flexible living space. The attached garage with direct interior access adds exceptional convenience.Located close to top-rated schools, shopping centres, public transit, GO Station, and major highways, this turnkey home is an excellent opportunity for small families and working professionals seeking comfort, functionality, and convenience in a highly desirable Richmond Hill community. Please note: Furniture is negotiable too. Overnight parking in visitor parking must be registered online through management.

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$988,000 - 41 Matawin Lane, Richmond Hill

Condo for Sale in Richmond Hill

Popular Listing

Neighbourhood: Headford Business Park

3Beds
4Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13660538
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Exceptional 3-Bedroom, 4-Bath Townhome in Legacy Hill by Treasure Hill! Ideally located in the heart of Richmond Hill at Hwy 404 & Major Mackenzie Dr., this exceptional home offers the perfect blend of privacy, greenery, and everyday convenience. Enjoy the rare benefit of visitor parking conveniently located near the unit, including spaces right at your doorstep-perfect for both daily living and entertaining.One of the community's largest and most functional layouts, this contemporary condo townhome features two private balconies, abundant natural light, and thoughtfully designed living spaces. The main level welcomes you with a bright, inviting living room featuring a cozy fireplace and oversized windows. The modern kitchen boasts quartz countertops, stainless steel appliances, and sleek cabinetry, seamlessly connecting to a spacious dining area with a walk-out to a large deck-ideal for outdoor dining, entertaining, or relaxing.An elegant oak staircase and refined finishes add warmth and sophistication throughout. Upstairs, two generously sized bedrooms each enjoy convenient access to a full bathroom. The primary suite features a walk-in closet and private ensuite, while the second bedroom offers its own full bathroom and peaceful views.The ground level provides a versatile space ideal for a third bedroom, home office, or family room. A finished basement with an upgraded bathroom featuring a shower offers additional flexible living space. The attached garage with direct interior access adds exceptional convenience.Located close to top-rated schools, shopping centres, public transit, GO Station, and major highways, this turnkey home is an excellent opportunity for small families and working professionals seeking comfort, functionality, and convenience in a highly desirable Richmond Hill community. Please note: Furniture is negotiable too. Overnight parking in visitor parking must be registered online through management.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,068.95/mo

Includes CMHC insurance ($27,565)

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5-yr fixed avg.

Principal: $889,200Interest: $603,920
Mortgage Amount$916,765
Total Interest$603,920
Est. Property Tax$700/mo
Total Cost$1,520,686

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: Headford Business Park

Discover Headford Business Park

Headford Business Park 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 Headford Business Park

  • 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

Headford Business Park 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

41 Matawin Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$1,264

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 $706/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 Headford Business Park

I know Headford Business Park 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 $4,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    41 Matawin Lane, Richmond Hill | $988,000 | Battaglia Team