299 Palmer Avenue, Richmond Hill, ON
Harding, Richmond Hill · MLS® N13711344
About this home
In short
- Beautifully renovated bungalow in a highly desirable neighborhood.
- Elegant hardwood floors run throughout, complemented by a modern white kitchen with stainless steel appliances, quartz countertops, tile flooring, and a stylish...
- Step outside to a private backyard featuring a huge new deck, ideal for relaxing or hosting gatherings.
- Fully renovated basement with excellent income potential.
- Complete with a separate entrance, this space is ideal for generating rental income or accommodating extended family.
Beautifully renovated bungalow in a highly desirable neighborhood! The main floor features 3 spacious bedrooms and a sun-filled living room with a large picture window, offering exceptional natural light and a warm, inviting atmosphere. Elegant hardwood floors run throughout, complemented by a modern white kitchen with stainless steel appliances, quartz countertops, tile flooring, and a stylish backsplash-perfect for everyday living and entertaining .Enjoy a newly updated bathroom, smooth ceilings, and pot lights that enhance the bright, open feel of the home. Step outside to a private backyard featuring a huge new deck, ideal for relaxing or hosting gatherings. Extra-long private driveway with ample parking, perfect for multiple vehicles and added convenience. Fully renovated basement with excellent income potential! Featuring 3 bedrooms and 2 full bathrooms, the basement is thoughtfully designed and can be configured into two separate units with a shared kitchen. Complete with a separate entrance, this space is ideal for generating rental income or accommodating extended family. Located in the top-ranking Bayview Secondary School zone and just a short walk to Richmond Hill GO Station, offering both convenience and strong long-term value. Additional upgrades include a brand new driveway, deck, and fence with wrought iron gates. Perfect for end-users and investors alike-don't miss this exceptional opportunity! Window(2026), insulation (2022)
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13711344
- Bedrooms
- 3+3 (6 total)
- Bathrooms
- 3
- Size
- 700-1100 sq ft
- Lot
- 50 × 105 ft
- Cross streets
- Bayview & Major Mackenzie
- Parking
- 1 garage · 7 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,653 / 2025
- Days on market
- 55
- Listing brokerage
- JOYNET REALTY INC.
Rooms
window · closet · laminate
porcelain floor · quartz counter · backsplash
laminate · pot lights · combined w/rec
hardwood floor · large window · combined w/living
laminate · window · combined w/br
pot lights · window · porcelain floor
hardwood floor · double closet · window
hardwood floor · closet · w/o to deck
hardwood floor · closet · window
hardwood floor · pot lights · large window
window · laminate · b/i shelves
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Harding, Richmond Hill, ON
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Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $991,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,480
- Property tax
- $471
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,951
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,251
- Estimated closing costs
- $21,251
Plus your down payment of $247,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $328,778
- Principal paid down
- $121,087
- Interest paid
- $207,691
- Balance remaining
- $869,953
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of JOYNET REALTY INC.. MLS®/PropTx.