Home with brick exterior material, building for 5 Riley Reed Lane, Richmond Hill Ontario L4S 0M3
13 hours on Market

5 Riley Reed Lane, Richmond Hill, Ontario L4S 0M3

Townhouse
5
4
~2000-2500 sqft
$1,399,000
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Townhouse
5
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market13 hours

Estimated valueNot available

Price/Sqft$629/sqft

Monthly cost

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Description

ONE OF A KIND OPPORTUNITY - perfect for the multi-generational family or savvy investors!!This 2-year-new townhome features TWO fully equipped living areas with 5 bedrooms, 2 kitchens, 2 laundries, and 2 separate entrances. Enjoy the privacy and views of a premium corner lot, plus the added bonus of being the only property on the block with 3 parking spots! This home showcases 9' and 10' raised ceilings, stunning pot lights, quartz countertops, custom backsplashes, and 26 large windows that bathe the space in warm sunlight. On the upper floors, you'll find an expansive kitchen with plenty of counter space, extended center island with a breakfast bar, and walk-out to a large deck. The primary bedroom boasts a sizable walk-in closet, en-suite bathroom, and walk-out to a private balcony. The laundry room is located upstairs and has a large tub for added convenience. The lower floors feature bedrooms with ground floor views, a full kitchen with soft closing cabinetry, a beautifully finished living area, built-in shelving, and a cold room for extra storage. Additional highlights include a 200-amp electrical panel, an EV charging outlet, and custom floor-to-ceiling shelving in the garage. This is an extremely rare find at a fantastic location, just minutes from Highway 404, Costco, Transit, Top Schools, Parks, and much more. Don't Miss Out!


Property Details

Style3-Storey
View-
Age of property0-5
SqFt~2000-2500 SqFt
Lot Size2,248 SqFt(77.13 x 29.15)
Parking Spaces3
MLS ®NumberN12925422
Community NameRural Richmond Hill
Data SourceTRREB
Listing bySPECTRUM REALTY SERVICES INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

3rd Floor

Primary

3.35 x 4.57

Laminate / W/I Closet / W/O To Balcony

2nd Br

3.25 x 2.94

Laminate / Vaulted Ceiling / B/I Closet

3rd Br

4.11 x 3.05

Laminate / Vaulted Ceiling / B/I Closet


Features

Lot size: 2,248 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 2

Total parking spaces 3


Property History

Mar 26, 2026
ListedActive
$1,399,000
13 hours on market
history photo preview23
Listing by trreb®
Property listed by SPECTRUM REALTY SERVICES INC., Brokerage
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Market Data - Rural Richmond Hill

Geo Zone Map ThumbnailRural Richmond Hill

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2025

14 days

2024

19 days

2023

5 days

New Listings

Past 30 days

23 listings

Compared to

2025

21 listings

2024

23 listings

2023

13 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

13 units

2023

5 units

Median Sold Price

Past 30 days

$1,155,000

Compared to

2025

$1,200,000

2024

$1,358,000

2023

$1,490,000


Population and Demographics

Overview

Total population 21719
Average household income $170,541

Age (%)

0 to 19
26%
20 to 34
17%
35 to 49
24%
50 to 64
21%
65 and plus
11%

Household composition (%)

Single family
84%
Single person
12%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
37%
Yue (Cantonese)
19%
Mandarin
17%
Iranian Persian
8%
Russian
4%
Korean
3%
Others
2%
Arabic
2%
Italian
2%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget