49 days on Market

3 Hughes St, Richmond Hill, Ontario L4E 2V9

Detached
3 + 2
5
~1100-1500 sqft
$1,650,000
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Detached
3 + 2
5
~1100-1500 sqft

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Highlights

Property Estimate

Days on market49 days

Estimated valueNot available

Price/Sqft$1,300/sqft

Monthly cost

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CMA Subject Property

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+17

Properties sold*

$1.6M

Median sold price*

*Based on last 30 days

Description

Attention! Attention! Lawyers, accountants, daycares ,medical clinics, health centers, professional offices, veterinary clinics!! Excellent location In The Beautiful Community Of Oakridge's! Discover a newly renovated bungalow that perfectly blends opportunity, convenience, and potential. This almost brand-new home is renovated from A to Z, ensuring every detail is crafted for your comfort. With 3 spacious bedrooms, each featuring its own AC unit and direct access to a private backyard, you'll enjoy privacy and comfort. The home also offers 3 full bathrooms and a stylish powder room for guests.What sets this property apart is its incredible potential for rental income. The expansive 900ft storage area can be easily converted into rental apartments, complete with separate entrances. Located just 500 meters from vibrant Yonge Street, you're close to all amenities in a rapidly growing neighborhood. The OR2 zoning adds a lot more value, allowing for diverse uses such as medical clinics, health centers, professional offices, veterinary clinics, and daycares. Embrace modern conveniences with an EV plug, and take advantage of the thriving area for both living and investment. 3 Hughes St it's an opportunity to secure a promising investment. Buyer To Verify Lot Measurements, Taxes, And To Perform Their Own Due Diligence


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size7,367 SqFt(139 x 53)
Parking Spaces5
MLS ®NumberN12153272
Community NameOak Ridges
Data SourceTRREB
Listing byHOMELIFE EAGLE REALTY INC.

Features

Heating: Forced Air
Cooling: Wall Unit
Basement: Crawl Space

Main Floor

Living

4.36 x 3.97

Combined W/Dining / Large Window

Kitchen

4.94 x 4.74

Open Concept

Primary

4.24 x 3.33

W/O To Deck / 3 Pc Ensuite / W/I Closet

2nd Br

4.02 x 3.52

Laminate / 3 Pc Ensuite / Closet


Features

Lot size: 7,367 SqFt

Parking

Garage spaces 1

Garage type Carport

Other parking spaces 4

Total parking spaces 5


Property History

May 16, 2025
Listed for
$1,650,000
Login required
Listed
$•••,•••
49 days on market
history photo preview35
Listing by trreb®

Market Data - Oak Ridges

Geo Zone Map ThumbnailOak Ridges

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

13 days

2023

24 days

2022

19 days

New Listings

Past 30 days

66 listings

Compared to

2024

62 listings

2023

56 listings

2022

47 listings

Units sold

Past 30 days

16 units

Compared to

2024

17 units

2023

23 units

2022

22 units

Median Sold Price

Past 30 days

$1,502,500

Compared to

2024

$1,645,000

2023

$1,880,000

2022

$1,585,000


Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
20 to 34
16%
35 to 49
23%
50 to 64
23%
65 and plus
12%

Household composition (%)

Single family
83%
Single person
13%
Multi person
2%
Multi family
2%

Mother tongue (%)

English
51%
Mandarin
11%
Iranian Persian
10%
Yue (Cantonese)
6%
Russian
6%
Italian
5%
Arabic
2%
Korean
1%
Spanish
1%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget