Graystone Semi-Detached with In-Law Suite Potential in Oak Ridges

Property details for 12 Globemaster Lane, Richmond Hill

Type: Residential
Bedrooms: 4
Bathrooms: 4
Lot Size: 26.1 x 73.4 FT
Stories: 3
Basement: Unfinished, Full
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold
Annual Taxes: $5,480
Condo Fee: $169 / Monthly

This graystone semi-detached in Richmond Hill's Oak Ridges is a real workhorse of a home. The entry-level great room is the standout-it's got its own entrance potential, so you could easily set up an in-law suite or a home office with zero disruption. Upstairs, the primary bedroom has a Juliet balcony, which is a nice touch. It's a three-level layout with four beds and four baths, so there's room for everyone. The main floor has hardwood floors and nine-foot ceilings, and there's a separate eating area off the kitchen. The ground level also holds a games room and laundry. Exterior is brick and stone, and you get a garage and driveway for two cars total. The lot is 26.1 by 73.4 feet, so it's not huge, but enough for a small yard. You're 0.7 km from the Academy for Gifted Children-PACE, and about 2 km from Cardinal Carter Catholic High School. Oak Ridges Community Centre is close by, and Lake Wilcox is a quick drive away. Priced at $1,099,000, it's below the neighborhood median of $1.43M, which makes it a decent entry point. Taxes run around $5,480 a year. It's a practical, flexible layout with solid bones, not a showpiece, but it'll serve a growing family or investors well.

About 12 Globemaster Lane, Richmond Hill — Property Score

Great Location Well Priced

Score: 67/100

Value

Priced 32.4% below area median of $1,626,500 based on 232 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

4 bathrooms - 1 more than similarly priced properties nearby 72

1,916 sqft lot - a small lot for the area 45

Location

$95K median household income - above the Canadian average of $70K 78

85% of residents hold postsecondary credentials - a highly educated neighbourhood 93

88% homeownership rate - indicating a stable, owner-occupied community 92

32% of residents commute under 30 minutes - longer average commute times 56

1,735/km² population density - a well-balanced suburban area 87

Market

Just listed - area average is 46 days on market 100

-99.5% median price change over 1 month - declining prices in the area 1

31.1 months of housing supply - 466 active listings with 15 sold last month (buyer's market) 40

Features

2-car garage - area average is 6.1 spots 80

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.5% effective tax rate ($5,480/yr) - very low tax burden 85

12% renter population - primarily owner-occupied area 44

Quality

Condition

Listing

38 photos provided - consistent with area listings 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.