50 Brumstead Drive, Richmond Hill

Price: $1,300,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13569812

Beautifully maintained 4-bedroom family home in the prestigious Jefferson community of Richmond Hill. This bright and spacious residence features hardwood floors throughout, pot lights on the main floor, a functional second-floor laundry room, and a separate formal dining area perfect for entertaining.The oversized primary bedroom offers a walk-in closet and spa-inspired ensuite, while the bright white kitchen provides ample cabinetry and workspace. Tasteful upgrades include modern light fixtures, bay windows in the front bedrooms, and an updated powder room vanity and mirror.Conveniently located steps to schools, shopping, restaurants, Movati Athletic, Farm Boy, and minutes to Highway 404, parks, and community amenities. A fantastic opportunity to own in one of Richmond Hill's most desirable neighbourhoods.

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$1,300,000 - 50 Brumstead Drive, Richmond Hill

Detached for Sale in Richmond Hill

39 days on market

Neighbourhood: Jefferson

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13569812
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
SMART SOLD REALTY
Description

Beautifully maintained 4-bedroom family home in the prestigious Jefferson community of Richmond Hill. This bright and spacious residence features hardwood floors throughout, pot lights on the main floor, a functional second-floor laundry room, and a separate formal dining area perfect for entertaining.The oversized primary bedroom offers a walk-in closet and spa-inspired ensuite, while the bright white kitchen provides ample cabinetry and workspace. Tasteful upgrades include modern light fixtures, bay windows in the front bedrooms, and an updated powder room vanity and mirror.Conveniently located steps to schools, shopping, restaurants, Movati Athletic, Farm Boy, and minutes to Highway 404, parks, and community amenities. A fantastic opportunity to own in one of Richmond Hill's most desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,750.34/mo

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5-yr fixed avg.

Principal: $1,040,000Interest: $685,102
Mortgage Amount$1,040,000
Total Interest$685,102
Est. Property Tax$921/mo
Total Cost$1,725,102

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

50 Brumstead Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$2,108

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 $650/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 39 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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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    50 Brumstead Drive, Richmond Hill | $1,300,000 | Battaglia Team