$2,400,000 - 1 Tiffany Gate, Richmond Hill
Detached for Sale in Richmond Hill
90 days on marketNeighbourhood: South Richvale
- MLS Number
- N13172818
- Property Type
- Detached
- Status
- active
- Days on Site
- 90
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RIGHT AT HOME REALTY
Distinguished Family Residence in Prestigious South Richvale, nestled on a beautifully landscaped, private lot surrounded by mature trees and prestigious estate homes, this distinguished family residence is located in the highly sought-after South Richvale community. Offering 2,479 sq. ft. (MPAC) and approximately 3,500 sq. ft. of finished living space including the basement, this elegant home features expansive principal rooms, rich hardwood flooring, and a beautifully renovated chef's kitchen complete with a centre island and walkout to the side entrance and backyard.The inviting family room, highlighted by a cozy fireplace, creates the perfect setting for everyday living and entertaining. Thoughtful renovations throughout the home include luxurious bathrooms finished with premium materials, as well as a newer furnace and central air conditioning system for added comfort and peace of mind.The finished lower level provides exceptional versatility, featuring a self-contained 1-bedroom apartment with its own laundry, ideal for extended family, guests, rental income potential, or a private home office.Step outside to the deep, secluded backyard-an exceptional outdoor retreat offering endless possibilities for entertaining, relaxing, or future customization.Ideally situated in one of Richmond Hill's premier luxury neighbourhoods, this home is just minutes from top-ranked schools, parks, shopping, public transit, the GO Bus station, and offers convenient access to Highways 7 and 407.A rare opportunity to own an exceptional home in one of Richmond Hill's most prestigious communities!
Estimate your monthly payments for this property
Estimated Payment
$10,616.01/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover South Richvale
South Richvale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in South Richvale
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
South Richvale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Tiffany Gate, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1200/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 90 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About South Richvale
I know South Richvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.