47 Township Avenue, Richmond Hill

Price: $1,478,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13445990

Spacious Detached Home in Desirable Richmond Hill! ***Opportunity Awaits*** !!! Offering nearly 3,000 sqft of living space, this 4-bedroom, 4-bathroom home presents an exceptional opportunity for buyers looking to customize, renovate, and create a home that reflects their vision and lifestyle. **Distinctive Main Floor Design : features bright principal rooms, a spacious kitchen combined with the family room, and a standout home office with soaring ceilings and wraparound windows, filled with natural light, making it ideal as a home office, library, sitting room, or creative studio. **Exceptional Family Layout: Designed with functionality in mind, the second floor offers four generously sized bedrooms and three full bathrooms-a rare and highly desirable feature. The spacious primary suite includes a large ensuite bathroom and an oversized walk-in closet, while the additional bedrooms provide excellent space and convenient access to the remaining bathrooms.**Outdoor Space & Parking : Enjoy a private backyard ready for your personal touch, along with a double-car garage and ample driveway parking.**Prime Richmond Hill Location : Situated in a sought-after family-friendly neighbourhood close to schools, parks, shopping, restaurants, and transit, offering convenience and accessibility for everyday living. **Endless Potential : Whether you envision a sophisticated modern renovation or a luxury family residence, this property provides the perfect canvas to bring your ideas to life. An outstanding opportunity to create something truly special in one of Richmond Hill's most desirable communities!

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$1,478,000 - 47 Township Avenue, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: Jefferson

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13445990
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
VILENSKY REALTY
Description

Spacious Detached Home in Desirable Richmond Hill! ***Opportunity Awaits*** !!! Offering nearly 3,000 sqft of living space, this 4-bedroom, 4-bathroom home presents an exceptional opportunity for buyers looking to customize, renovate, and create a home that reflects their vision and lifestyle. **Distinctive Main Floor Design : features bright principal rooms, a spacious kitchen combined with the family room, and a standout home office with soaring ceilings and wraparound windows, filled with natural light, making it ideal as a home office, library, sitting room, or creative studio. **Exceptional Family Layout: Designed with functionality in mind, the second floor offers four generously sized bedrooms and three full bathrooms-a rare and highly desirable feature. The spacious primary suite includes a large ensuite bathroom and an oversized walk-in closet, while the additional bedrooms provide excellent space and convenient access to the remaining bathrooms.**Outdoor Space & Parking : Enjoy a private backyard ready for your personal touch, along with a double-car garage and ample driveway parking.**Prime Richmond Hill Location : Situated in a sought-after family-friendly neighbourhood close to schools, parks, shopping, restaurants, and transit, offering convenience and accessibility for everyday living. **Endless Potential : Whether you envision a sophisticated modern renovation or a luxury family residence, this property provides the perfect canvas to bring your ideas to life. An outstanding opportunity to create something truly special in one of Richmond Hill's most desirable communities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,537.69/mo

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5-yr fixed avg.

Principal: $1,182,400Interest: $778,908
Mortgage Amount$1,182,400
Total Interest$778,908
Est. Property Tax$1,047/mo
Total Cost$1,961,308

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: Jefferson

Discover Jefferson

Jefferson 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 Jefferson

  • 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

Jefferson 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 Township Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,047
Insurance (est.)-$308
Net Cash Flow+$2,595

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 $591/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 23 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.

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 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 Jefferson

I know Jefferson 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 Township Avenue, Richmond Hill | $1,478,000 | Battaglia Team