69 Elm Avenue, Richmond Hill

Price: $1,480,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13228362

This extremely bright sun filled home is located in one of the most prestigious areas of Richmond Hill (Bayview Hunt Club), in the desirable community of Langstaff. Situated among multimillion dollar homes. Includes a large lot with a huge backyard. Long driveway that can accommodate 6 vehicles. As well as a long front porch. This beautiful property has open concept layout with very large, combined living room / dining room, bright bay windows, hardwood floors, and French doors. Spacious kitchen with breakfast area,built-in desk and a walk-out to a large concrete porch. Three separate entries. Direct access from the garage to the house. Large family room with fireplace and a patio walk out. GREAT INVESTMENT!

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$1,480,000 - 69 Elm Avenue, Richmond Hill

Detached for Sale in Richmond Hill

33 days on market

Neighbourhood: Langstaff

3Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13228362
Property Type
Detached
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
HOMELIFE CLASSIC REALTY INC.
Description

This extremely bright sun filled home is located in one of the most prestigious areas of Richmond Hill (Bayview Hunt Club), in the desirable community of Langstaff. Situated among multimillion dollar homes. Includes a large lot with a huge backyard. Long driveway that can accommodate 6 vehicles. As well as a long front porch. This beautiful property has open concept layout with very large, combined living room / dining room, bright bay windows, hardwood floors, and French doors. Spacious kitchen with breakfast area,built-in desk and a walk-out to a large concrete porch. Three separate entries. Direct access from the garage to the house. Large family room with fireplace and a patio walk out. GREAT INVESTMENT!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,546.54/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,184,000Interest: $779,962
Mortgage Amount$1,184,000
Total Interest$779,962
Est. Property Tax$1,048/mo
Total Cost$1,963,962

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: Langstaff

Discover Langstaff

Langstaff 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 Langstaff

  • 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

Langstaff 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

69 Elm Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$1,048
Insurance (est.)-$308
Net Cash Flow+$1,544

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 $740/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 33 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.

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 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 Langstaff

I know Langstaff 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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    69 Elm Avenue, Richmond Hill | $1,480,000 | Battaglia Team