198 Weldrick Road, Richmond Hill, ON
North Richvale, Richmond Hill · MLS® N14095862
About this home
In short
- A RARE 61' X 160' PRIME LOT WITH BUNGALOW OFFERING OVER 2,400 SQFT OF TOTAL LIVING SPACE IN A DESIRABLE RICHMOND HILL COMMUNITY.
- Exceptional opportunity for homeowners, investors and builders.
- Downstairs, fully finished lower level w/ walk-up separate entrance adds valuable flexibility.
- Open-concept recreation room featuring a new gas fire insert, 4th bedroom, newly renovated 3pc bathroom w/ upgraded shower & an additional room w/ built-in cabinetry...
- Outside, enjoy a beautifully landscaped yard w/ 6ft high wooden fence, 2 Autumn Fantasy Maple Tree trees for privacy & an expansive patio ideal for outdoor dining...
A RARE 61' X 160' PRIME LOT WITH BUNGALOW OFFERING OVER 2,400 SQFT OF TOTAL LIVING SPACE IN A DESIRABLE RICHMOND HILL COMMUNITY! Exceptional opportunity for homeowners, investors and builders! This expansive property offers a generous lot, versatile living space and outstanding potential. Double car garage and extended driveway fit up to 10 cars. Covered front porch w/ outdoor lighting creates a welcoming first impression. Step inside to a foyer w/ mirrored closet, leading to a bright, spacious living and dining area featuring crown moulding and upgraded flooring (2025). Freshly painted walls all throughout. Upgraded kitchen offers a window for natural light, a stylish backsplash, a breakfast bar and a separate coffee station, complete w/ fridge, stove/oven and built-in microwave w/ hood fan. Adjoining breakfast area w/ window provides comfortable space for everyday meals. Three generously-sized bedrooms, each w/ closet space & window. Upgraded 4pc bathroom w/ new cabinetry, a tub and a shower, completes the main level. Downstairs, fully finished lower level w/ walk-up separate entrance adds valuable flexibility. Open-concept recreation room featuring a new gas fire insert, 4th bedroom, newly renovated 3pc bathroom w/ upgraded shower & an additional room w/ built-in cabinetry, ideal for a home office, gym or extra storage. The flexible layout offers excellent possibilities for extended family living. Outside, enjoy a beautifully landscaped yard w/ 6ft high wooden fence, 2 Autumn Fantasy Maple Tree trees for privacy & an expansive patio ideal for outdoor dining, entertaining and relaxing. Conveniently located in Richmond Hill, near parks, schools, public transit, Rutherford Marketplace, Hillcrest Mall, Hillcrest Heights Park, Richvale Community Centre, and more! A generous lot, ample parking and flexible living space make this property an appealing opportunity for families and investors exploring land value in an established area. Don't miss out on this gem!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N14095862
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 61.22 × 160.01 ft
- Cross streets
- Bathurst St / Weldrick Rd W
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Walk-Up, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,323 / 2026
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
b/i shelves · open concept
b/i appliances · backsplash · window
closet · window
closet · window
breakfast bar · window
closet · window
fireplace · open concept
combined w/living · window · open concept
closet · window
crown moulding · picture window · open concept
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
North Richvale, 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 $960,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,308
- Property tax
- $694
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,002
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,475
- Estimated closing costs
- $20,475
Plus your down payment of $240,000. 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
- $318,480
- Principal paid down
- $117,294
- Interest paid
- $201,186
- Balance remaining
- $842,706
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.