40 Lowther Ave, Richmond Hill - Single Garage Town Home

40 Lowther Ave

LocationOak Ridges, Richmond Hill, L4E 2Z7
$1.15M For Sale
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Description

Welcome to 40 Lowther Avenue, a beautifully appointed 3-bedroom, 4-bathroom freehold townhome in Richmond Hill's desirable Oak Ridges community. Extensively upgraded by the original owners this exceptional residence offers a wonderful blend of contemporary style, comfort, and functionality. Bright, open-concept principal rooms provide the perfect setting for both everyday living and entertaining. At the heart of the home is a beautifully appointed chef's kitchen featuring elegant quartz countertops, carefully selected finishes and a seamless connection to the living and dining areas. A contemporary electric fireplace adds warmth and ambiance, while a walkout from the dining room leads to a deck and professionally landscaped backyard. Ideal for summer barbecues, outdoor dining or simply relaxing, this private retreat features low-maintenance landscaping and privacy fencing. The second level offers three bedrooms with custom closet organizers for excellent storage, plus the added convenience of second-floor laundry. The finished lower level provides additional recreational space, complete with a wet bar and bathroom, ideal for hosting guests or enjoying a quiet evening at home. Surrounded by the natural beauty of the Oak Ridges Moraine, residents enjoy access to Lake Wilcox Park, scenic trails, conservation areas and recreational facilities. Shopping, restaurants, schools and major commuter routes are also conveniently accessible. Beautifully upgraded inside and out, this move-in-ready home offers stylish freehold living in one of Richmond Hill's sought-after neighbourhoods.

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 1
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 23.93 x 90.15 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 5069.90
  • MLS
    N14105030
  • Listing contracted with: CHESTNUT PARK REAL ESTATE LIMITED
Room Size(M) Description
Foyer2.62x1.86

Access To Garage, 2 Pc Bath, Double Closet

Living Rm3.51x7.32

Laminate, Crown Moulding, W/O To Deck

Dining Rm3.02x2.90

Overlooks Living, Laminate, Crown Moulding

Kitchen3.02x4.24

Centre Island, Quartz Counter, Stainless Steel Appl

Primary B4.18x5.12

Walk-In Closet(s), Laminate, 5 Pc Ensuite

2nd Br2.90x4.05

Double Closet, Overlooks Frontyard, Laminate

3rd Br3.51x4.51

Laminate, Double Closet, Overlooks Frontyard

Laundry2.23x1.40

Stainless Steel Appl, Double Closet, Porcelain Floor

Recreatio4.18x3.02

Laminate, Wet Bar, Pot Lights

Exercise3.38x3.63

Laminate, Above Grade Window, Pot Lights

Utility R2.90x2.38



Bathroom Pieces Level
1xBath3 pcs

Main

1xBath4 pcs

Second

1xBath5 pcs

Second

1xBath3 pcs

Lower



Property Summary

Located close to the intersection of Bathurst & King Road, 40 Lowther Ave is a 3 bedrooms 4 washrooms Freehold Townhouse. The unit has a Single Attached Parking Space. The property has many nice features including Auto Garage Door Remot and Central Vacuum. Foyer, Living Room Rm, Dinning Room Rm and Kitchen are on the Main floor; Recreation Roomreatio, Excercise Room and Utility R are on the Lower floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 7.5% compared with the same period last year.

Rent levels have remained relatively stable compared with the same period last year.

Recent Comparable Value Range
$850,000 – $1,130,000
Recent 6-Month Rent Range
$3,300 – $3,500/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
40 Days
Similar homes are selling in about 40 days, slower than the same period last year.
Price Position
16% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with a mix of detached homes and townhouses. Approximately 53% of residents hold a bachelor's degree or higher, while about 18% have a college credential. The large majority of local commuters travel by car.





School Information



Location





Community Overview

40 Lowther Ave is at South West Corner of Oak Ridges Community. The Oak Ridge community is at the northwest corner of Richmond Hill. The community runs from Yonge St on the East to the edge of Oak Ridges Corridor Conservation Reserve in the south, Bathurst on the West, and Bloomington Road on the north. It borders Aurora City in the North and King Town in the West. Homeownership in Oak Ridge is very high; around 92% are owners. In past 3 months, 14 Town homes were sold at average of $1.04M. With more new immigrants moving into Richmond Hill in recent years, the major ethnic groups in Oak Ridge are now Italian, Chinese, Iranian, and Indian. In 40 Lowther Ave neighbourhood, you will find many residents are Chinese, Italian, Iranian, Russian, and English. Residents will need a car to live in this part of Richmond Hill, though there is limited public transit available on the major roads of the community. Grovewood Park also offers a soccer field, basketball court, tennis courts and kids playground. The shopping in the community is not very convenient, but one can find supermarkets, coffee shops and some restaurants on Yonge Street. Residential houses at Oak Ridges are relatively new. The price is more affordable than most parts of Richmond Hill. Oak Ridge can be a perfect place to settle down for families with two or more children.


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