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286 Palmer Avenue

286 Palmer Avenue

Richmond Hill, ON

  • 5 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Detached
$1,150,000Price reduced 7%

Welcome To This Beautifully Renovated Detached Bungalow, Ideally Located In Richmond Hill Near Bayview Ave. & Major Mackenzie Dr. Situated On A Generous 50' X 100' Lot, This 2+3 Bedroom, 2 Bathroom Home Has Been Extensively Updated From Top To Bottom, Offering A Turnkey Opportunity In An Established Neighbourhood Surrounded By New-Home Construction And Redevelopment.Completely Gutted And Renovated Approx. Two Years Ago, The Home Was Rebuilt With Care And Attention To Detail, Including Updates To The Interior Walls And Major Building Systems. The Renovations Were Approved And Inspected By The Municipality Of Richmond Hill. The Bright, Modern Interior Features A Stylish Kitchen With Soft-Close Cabinetry, Coordinating Bathroom Vanities, Energy-Efficient Windows And Rechargeable Electric Blinds. Additional Upgrades Include 200-Amp Electrical Service, Tankless Water Heater, Newer Furnace, Heat Pump Providing Central Heating And Cooling, Foam-Insulated Attic And A Roof Approx. Two Years Old.The Lower Level Adds Exceptional Versatility, With Three Additional Bedrooms, A Full Bathroom And Approx. 8' Ceiling Heights In Many Areas. While Currently Used As One Residence, The Home Was Designed With The Potential For Two Separate Living Spaces And Separate Entrances, Offering Flexibility For An Extended Family Or Other Future Uses, Subject To Municipal Requirements And Buyer Verification.Outside, Enjoy A Large Fully Fenced Backyard, Parking For Four Cars And An Insulated Approx. 16' X 10' Detached Garage Complete With Full Electrical Service And Its Own Panel. Conveniently Located Close To Shopping, Schools, Parks, Transit And Everyday Amenities, With Easy Access To Bayview Ave. And Major Mackenzie Dr. An Excellent Opportunity To Own A Fully Renovated Detached Home On A 50' X 100' Lot In The Heart Of Richmond Hill.

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Listing Details

Taxes (2026)
$7,184
Originally Listed
$1,239,000
Listed
October 6, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Brick
Roof
Unknown
Foundation
Unknown
Interior
None
Lot Size
50 x 100 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
4

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Bayview/Major Mackenzie
Zoning
residential
Parcel Number
031420082
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Fridge, Stove, Rangehood, Dishwasher, Washer, Dryer, All existing light fixtures, All existing window coverings.
Rental Items
Tankless HWT

Schools

Elementary

  • St Joseph Catholic Elementary School0.5 km

    Catholic · York CDSB · 210 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 60% met the provincial standard

  • Walter Scott Public School0.6 km

    Public · York Region DSB · 455 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 47% met the provincial standard

  • Sixteenth Avenue Public School1.6 km

    Public · York Region DSB · 465 students

    Grade 3 reading: 57% met the provincial standard · Grade 6 math: 55% met the provincial standard

Secondary

  • Bayview Secondary School1.2 km

    Public · York Region DSB · 1940 students

    Grade 10 literacy: 95% met the provincial standard

  • École secondaire Norval-Morrisseau1.6 km

    French public · CS Viamonde · 85 students

  • Alexander MacKenzie High School1.8 km

    Public · York Region DSB · 1415 students

    Grade 10 literacy: 91% 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
$1,100,000
Homes sold
1,973
Median days on market
24
Sale-to-list price
98.5%

Based on 1,973 recorded sales of residential freehold properties in Richmond Hill over the last 12 months.

Rooms

3-piece on Main, 3-piece on Basement

Main

  • Bedroom
  • Bedroom
  • Kitchen
  • Living Room19'5" x 11'2"

Basement

  • Bedroom
  • Bedroom
  • Primary Bedroom
  • Recreation

Listed by

FOREST HILL REAL ESTATE INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$230,000

Estimated Monthly Payment

$5,650

Land transfer tax

Estimated land transfer tax$19,475

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: $5,650/mo (20% down, 5.5%)

Taxes: $599/mo · Insurance: $288/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions tankless water heater. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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