15 Theobalds Circle, Richmond Hill

Price: $1,890,000

6 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N14102756

Offering 3900sqft of space, flexibility, and Mill Ponds Estates timeless curb appeal, this three-storey home features the classic red-brick exterior, timeless black shutters, green hedging & mature trees Inside, a grand central staircase, hardwood floors, crown molding, and detailed millwork add character throughout. The main floor features a formal living room, dining room and family room with French doors and elegant light fixtures, along with a spacious kitchen offering generous counter space, and a large island overlooking the adjoining living area and backyard retreat. The second floor offers four well-sized bedrooms and study, providing room for family, guests, or a home office. The private third-floor loft, complete with its own bedroom & ensuite bathroom, offers additional flexibility as a retreat or workspace. Currently setup with projector for a family theatre experience. The finished basement brings a whole new level of fun and versatility to this home. Setup as a rec room with a pool table, ping pong, foosball, and a dedicated fitness area, it's the ultimate space for friendly competition, family game nights, or getting in a workout without leaving home. An additional bedroom provides flexibility for guests or extended family, while kitchen rough-in offer exciting possibilities for future customization. With three full storeys, classic architectural details, and a versatile layout, this home offers the space to accommodate changing needs and make it your own.

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New Listing
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$1,890,000 - 15 Theobalds Circle, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed yesterday

Neighbourhood: Mill Pond

6Beds
5Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
N14102756
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$8,672
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Offering 3900sqft of space, flexibility, and Mill Ponds Estates timeless curb appeal, this three-storey home features the classic red-brick exterior, timeless black shutters, green hedging & mature trees Inside, a grand central staircase, hardwood floors, crown molding, and detailed millwork add character throughout. The main floor features a formal living room, dining room and family room with French doors and elegant light fixtures, along with a spacious kitchen offering generous counter space, and a large island overlooking the adjoining living area and backyard retreat. The second floor offers four well-sized bedrooms and study, providing room for family, guests, or a home office. The private third-floor loft, complete with its own bedroom & ensuite bathroom, offers additional flexibility as a retreat or workspace. Currently setup with projector for a family theatre experience. The finished basement brings a whole new level of fun and versatility to this home. Setup as a rec room with a pool table, ping pong, foosball, and a dedicated fitness area, it's the ultimate space for friendly competition, family game nights, or getting in a workout without leaving home. An additional bedroom provides flexibility for guests or extended family, while kitchen rough-in offer exciting possibilities for future customization. With three full storeys, classic architectural details, and a versatile layout, this home offers the space to accommodate changing needs and make it your own.

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Estimated Payment

$8,360.11/mo

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5-yr fixed avg.

Principal: $1,512,000Interest: $996,032
Mortgage Amount$1,512,000
Total Interest$996,032
Est. Property Tax$1,339/mo
Total Cost$2,508,032

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: Mill Pond

Discover Mill Pond

Mill Pond 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 Mill Pond

  • •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

Mill Pond 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

15 Theobalds Circle, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,339
Insurance (est.)-$394
Net Cash Flow+$3,117

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 $540/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.

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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 5 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.

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    15 Theobalds Circle, Richmond Hill | $1,890,000 | Battaglia Team