124 Springhead Gardens, Richmond Hill

Price: $928,888

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N14098832

Welcome to 124 Springhead Gardens, a beautifully renovated freehold end-unit townhouse in Richmond Hill's desirable North Richvale neighbourhood. Featuring three upstairs bedrooms, an additional bedroom in the basement, and three bathrooms, this inviting home combines refined finishes with versatile living space. Thoughtfully renovated interiors showcase stylish flooring, pot lights throughout and large windows that fill the living area with natural light. The renovated kitchen features quartz countertops, stainless steel appliances and an oversized wooden peninsula with seating, creating an elegant gathering place for everyday meals and entertaining. A convenient main-floor powder room adds everyday comfort, while three welcoming bedrooms and a renovated upstairs bathroom complete the second floor. A one-bedroom basement apartment with a separate entrance offers additional flexibility for extended family or potential rental use. Within walking distance of Hillcrest Mall and close to highly rated schools, parks, a community centre, dining and transit, the location offers exceptional everyday convenience. Outdoors, the sun-filled, south-facing backyard features landscaped gardens, new interlock and a BBQ gas line-a welcoming retreat for gardening, relaxing and entertaining. A wonderful opportunity to enjoy renovated freehold living in an established Richmond Hill

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active
New Listing

$928,888 - 124 Springhead Gardens, Richmond Hill

Townhouse for Sale in Richmond Hill

New — Listed 2 days ago

Neighbourhood: North Richvale

4Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse

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Property Details
MLS Number
N14098832
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$4,578
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 124 Springhead Gardens, a beautifully renovated freehold end-unit townhouse in Richmond Hill's desirable North Richvale neighbourhood. Featuring three upstairs bedrooms, an additional bedroom in the basement, and three bathrooms, this inviting home combines refined finishes with versatile living space. Thoughtfully renovated interiors showcase stylish flooring, pot lights throughout and large windows that fill the living area with natural light. The renovated kitchen features quartz countertops, stainless steel appliances and an oversized wooden peninsula with seating, creating an elegant gathering place for everyday meals and entertaining. A convenient main-floor powder room adds everyday comfort, while three welcoming bedrooms and a renovated upstairs bathroom complete the second floor. A one-bedroom basement apartment with a separate entrance offers additional flexibility for extended family or potential rental use. Within walking distance of Hillcrest Mall and close to highly rated schools, parks, a community centre, dining and transit, the location offers exceptional everyday convenience. Outdoors, the sun-filled, south-facing backyard features landscaped gardens, new interlock and a BBQ gas line-a welcoming retreat for gardening, relaxing and entertaining. A wonderful opportunity to enjoy renovated freehold living in an established Richmond Hill

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Estimate your monthly payments for this property

Estimated Payment

$4,765.68/mo

Includes CMHC insurance ($25,916)

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5-yr fixed avg.

Principal: $835,999Interest: $567,788
Mortgage Amount$861,915
Total Interest$567,788
Est. Property Tax$658/mo
Total Cost$1,429,703

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: North Richvale

Discover North Richvale

North 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 North 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

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

North 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.

70
Walk Score
Varies
Price Range

124 Springhead Gardens, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$658
Insurance (est.)-$194
Net Cash Flow+$2,048

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

Fair Market Value

At $844/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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 North Richvale

I know North 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.

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    124 Springhead Gardens, Richmond Hill | $928,888 | Battaglia Team