85 Lund Street, Richmond Hill

Price: $928,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13769598

The Perfect Place to Start! Offered for the first time ever on the market, this lovingly maintained two-storey home with double interlock driveway + oversized single garage with direct access to house. A rare find in a wonderful, established family community. In excellent condition and ready to move in, it offers the perfect combination of living space and fabulous private garden, and plenty of opportunity to make it truly your own.The inviting main floor features a bright eat-in kitchen, and "L" shaped living and dining rooms completing the welcoming feel throughout. Upstairs offers well-proportioned bedrooms for a growing family. The finished basement provides valuable additional family space, complete with a wet sink and fridge tucked into the pantry. Step outside and discover a beautifully landscaped private garden, offering a peaceful retreat for morning coffee, family time and summer entertaining.This is a home you can move into today and personalize over time, bring your own style, colours and décor and create the home you've been dreaming about. Located in a welcoming family neighbourhood close to schools, library, hospital, shopping and everyday amenities, this is an opportunity to put down roots in a community you'll love. Never before offered. Excellent condition. Wonderful location. Fabulous private garden. Make it your own!

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$928,000 - 85 Lund Street, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: North Richvale

3Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
N13769598
Property Type
Detached
Status
active
Days on Site
27
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$4,510
Listing Brokerage
KELLER WILLIAMS REALTY CENTRES
Description

The Perfect Place to Start! Offered for the first time ever on the market, this lovingly maintained two-storey home with double interlock driveway + oversized single garage with direct access to house. A rare find in a wonderful, established family community. In excellent condition and ready to move in, it offers the perfect combination of living space and fabulous private garden, and plenty of opportunity to make it truly your own.The inviting main floor features a bright eat-in kitchen, and "L" shaped living and dining rooms completing the welcoming feel throughout. Upstairs offers well-proportioned bedrooms for a growing family. The finished basement provides valuable additional family space, complete with a wet sink and fridge tucked into the pantry. Step outside and discover a beautifully landscaped private garden, offering a peaceful retreat for morning coffee, family time and summer entertaining.This is a home you can move into today and personalize over time, bring your own style, colours and décor and create the home you've been dreaming about. Located in a welcoming family neighbourhood close to schools, library, hospital, shopping and everyday amenities, this is an opportunity to put down roots in a community you'll love. Never before offered. Excellent condition. Wonderful location. Fabulous private garden. Make it your own!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,761.12/mo

Includes CMHC insurance ($25,891)

$
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5%10%50%

5-yr fixed avg.

Principal: $835,200Interest: $567,245
Mortgage Amount$861,091
Total Interest$567,245
Est. Property Tax$657/mo
Total Cost$1,428,336

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: North Richvale

Discover North Richvale

North Richvale 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 North Richvale

  • •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

North Richvale 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

85 Lund Street, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$657
Insurance (est.)-$193
Net Cash Flow+$1,950

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

Fair Market Value

At $844/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 27 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 North Richvale

I know North Richvale 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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    85 Lund Street, Richmond Hill | $928,000 | Battaglia Team