111 Deerwood Crescent, Richmond Hill

Price: $1,490,000

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13435612

Backing onto conservation, this bright and pristine family home is located in the highly sought-after Humberlands community on a quiet, child-safe crescent. Featuring 9-foot ceilings on the main floor, maple strip hardwood flooring, a solid maple staircase, and an upgraded kitchen with extended cabinetry, tumbled marble backsplash, and open-concept design overlooking the great room with a gas fireplace and scenic conservation views. The upper level offers four spacious bedrooms, all with hardwood flooring, including a primary suite with a 4-piece ensuite and his-and-hers closets. The unspoiled lower level features large lookout windows and a separate walk-out finished basement complete with two bedrooms, a kitchen, and a private hair salon-ideal for extended family or home-based business use (buyer to verify permitted uses).Additional highlights include a double-car garage, private driveway accommodating up to four vehicles, and no sidewalk for added parking convenience.

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$1,490,000 - 111 Deerwood Crescent, Richmond Hill

Detached for Sale in Richmond Hill

Neighbourhood: Oak Ridges

6Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13435612
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Backing onto conservation, this bright and pristine family home is located in the highly sought-after Humberlands community on a quiet, child-safe crescent. Featuring 9-foot ceilings on the main floor, maple strip hardwood flooring, a solid maple staircase, and an upgraded kitchen with extended cabinetry, tumbled marble backsplash, and open-concept design overlooking the great room with a gas fireplace and scenic conservation views. The upper level offers four spacious bedrooms, all with hardwood flooring, including a primary suite with a 4-piece ensuite and his-and-hers closets. The unspoiled lower level features large lookout windows and a separate walk-out finished basement complete with two bedrooms, a kitchen, and a private hair salon-ideal for extended family or home-based business use (buyer to verify permitted uses).Additional highlights include a double-car garage, private driveway accommodating up to four vehicles, and no sidewalk for added parking convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,590.77/mo

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5-yr fixed avg.

Principal: $1,192,000Interest: $785,232
Mortgage Amount$1,192,000
Total Interest$785,232
Est. Property Tax$1,055/mo
Total Cost$1,977,232

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.

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Neighbourhood Guide: Oak Ridges

Discover Oak Ridges

Oak Ridges 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 Oak Ridges

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Oak Ridges 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.

70
Walk Score
Varies
Price Range

111 Deerwood Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$1,055
Insurance (est.)-$310
Net Cash Flow+$2,735

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $745/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 6 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 Oak Ridges

I know Oak Ridges 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.

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    111 Deerwood Crescent, Richmond Hill | $1,490,000 | Battaglia Team