245 Elmwood Avenue
Richmond Hill, ON
- 3 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
Stop Your Search - This Could Be the One! A fantastic opportunity to get into the market with a move-in-ready 2+1 bedroom bungalow on an extra-large lot! Renovated, spacious and full of potential, this home offers the perfect combination of comfortable living today and exciting possibilities for tomorrow.The bright, updated kitchen features plenty of cabinetry, generous counter space and newer appliances. Two well-proportioned bedrooms and a stylish bathroom with a walk-in shower make the main level both practical and inviting. The open-concept living and dining area provides plenty of space for entertaining, relaxing and growing with your family. Then there's the fully finished lower level with a separate entrance - a huge bonus! Featuring above-grade windows that bring in an abundance of natural light, a spacious family room, additional bedroom and newer 4-piece bathroom, the basement offers incredible flexibility. Think in-law suite, guest accommodations, additional family space or potential rental income.The extra-large lot adds another exciting dimension. Whether you enjoy the home as-is or dream about the future, there's plenty of room to explore options such as a second-storey addition or a completely new build down the road.Location? You're going to love it. Walk to the GO Station for an easy commute downtown, stroll to the fantastic restaurants, cafés and shops along Yonge, or jump in the car for all your big-box shopping needs. Everything you need is close by.It's the best of both worlds - a neighbourhood that feels peaceful and almost country-like, while the city is right at your doorstep.Move in. Grow into it. Build on it. The possibilities are endless!
Virtual Tour
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Listing Details
- Taxes (2026)
- $6,438
- Originally Listed
- $1,019,000
- Listed
- September 23, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Other
- Roof
- Unknown
- Foundation
- Concrete Block
- Interior
- Primary Bedroom - Main Floor
- Lot Size
- 50.12 x 210 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Yonge St & Major Mackenzie
- Zoning
- Residential
- Parcel Number
- 031380051
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- See Schedule B
- Exclusions
- See Schedule B
- Rental Items
- Hot Water Tank is a Rental - See Schedule B
Schools
Elementary
- Walter Scott Public School0.4 km
Public · York Region DSB · 455 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 47% met the provincial standard
- St Joseph Catholic Elementary School0.6 km
Catholic · York CDSB · 210 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 60% met the provincial standard
- Crosby Heights Public School1.4 km
Public · York Region DSB · 705 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 52% met the provincial standard
Secondary
- Bayview Secondary School1 km
Public · York Region DSB · 1940 students
Grade 10 literacy: 95% met the provincial standard
- École secondaire Norval-Morrisseau1.5 km
French public · CS Viamonde · 85 students
- Our Lady Queen of the World CA High School1.7 km
Catholic · York CDSB · 1200 students
Grade 10 literacy: 93% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L4C
- Population
- 74,636
- Private dwellings
- 30,129
- Median age
- 46
- Average household size
- 2.6
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Richmond Hill · last 12 months
- Median sold price
- $1,101,400
- Homes sold
- 1,974
- Median days on market
- 24
- Sale-to-list price
- 98.5%
Based on 1,974 recorded sales of residential freehold properties in Richmond Hill over the last 12 months.
Rooms
3-piece on Main, 4-piece on Basement
Main
- Bedroom 20'4" x 0'4"
- Dining Room0'4" x 0'4"
- Kitchen0'4" x 0'4"
- Living Room0'4" x 0'4"
- Primary Bedroom0'4" x 0'4"
Basement
- Bedroom 31' x 1'
- Family Room0'4" x 0'4"
- Other0'4" x 0'4"
Listed by
RE/MAX HALLMARK REALTY LTD.
Walk Score
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Location
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Mortgage Calculator
$184,980
Estimated Monthly Payment
$4,544
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,544/mo (20% down, 5.5%)
Taxes: $537/mo · Insurance: $231/mo
Estimates only. Consult a financial advisor.
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