47 Futura Avenue, Richmond Hill

Price: $1,322,500

6 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13611226

Rare opportunity to own in the highly sought-after Rouge Woods community! Offered in as-is, where-is condition, this spacious home features a highly functional layout with 4+1 bedrooms, 5 bathrooms, 9' ceilings, two primary bedrooms with ensuite bathrooms, second-floor laundry, a main-floor family room with fireplace, a bright breakfast area with walkout to the private south-facing backyard, and direct garage access to the basement. Situated on a quiet, family-friendly street within the boundaries of Bayview Secondary School (IB Program), Richmond Rose Public School, and Our Lady Queen of the World Catholic Academy. Enjoy walking distance to parks, playgrounds, and Rouge River trails, with convenient access to Highway 404, Richmond Hill GO, Costco, Home Depot, Walmart, restaurants, banks, and all major shopping. An exceptional opportunity for first-time buyers, families, investors, or renovators to create their dream home in one of Richmond Hill's most desirable neighbourhoods.

47 Futura Avenue - Detached photo 1 of 4 in Richmond Hill, Ontario
47 Futura Avenue - Detached photo 2 of 4 in Richmond Hill, Ontario
47 Futura Avenue - Detached photo 3 of 4 in Richmond Hill, Ontario
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New Listing
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$1,322,500 - 47 Futura Avenue, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed yesterday

Neighbourhood: Rouge Woods

6Beds
5Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13611226
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Rare opportunity to own in the highly sought-after Rouge Woods community! Offered in as-is, where-is condition, this spacious home features a highly functional layout with 4+1 bedrooms, 5 bathrooms, 9' ceilings, two primary bedrooms with ensuite bathrooms, second-floor laundry, a main-floor family room with fireplace, a bright breakfast area with walkout to the private south-facing backyard, and direct garage access to the basement. Situated on a quiet, family-friendly street within the boundaries of Bayview Secondary School (IB Program), Richmond Rose Public School, and Our Lady Queen of the World Catholic Academy. Enjoy walking distance to parks, playgrounds, and Rouge River trails, with convenient access to Highway 404, Richmond Hill GO, Costco, Home Depot, Walmart, restaurants, banks, and all major shopping. An exceptional opportunity for first-time buyers, families, investors, or renovators to create their dream home in one of Richmond Hill's most desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,849.86/mo

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5-yr fixed avg.

Principal: $1,058,000Interest: $696,959
Mortgage Amount$1,058,000
Total Interest$696,959
Est. Property Tax$937/mo
Total Cost$1,754,959

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

47 Futura Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$937
Insurance (est.)-$276
Net Cash Flow+$2,887

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 $661/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.

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.

Excellent Flexibility

With 6 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.

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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    47 Futura Avenue, Richmond Hill | $1,322,500 | Battaglia Team