$2,499,800 - 16 Gracedale Drive, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 7 days agoNeighbourhood: Westbrook
- MLS Number
- N13504930
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Nestled On A Rare Premium Ravine Lot With Peaceful Stunning Pond Views In The Prestigious Westbrook Community Of Richmond Hill / York Region, This Exceptional Home Offers Approximately 4,800 Sq. Ft. Of Luxurious Living Space, Including A 1,300 Sq. Ft. Finished Walk-Out Basement. Freshly Painted Throughout, The Home Features 10-Ft Ceilings On The Main Floor And 9-Ft Ceilings On The Second Floor And Basement, Creating A Bright, Open, And Spacious Atmosphere. Boasting 5 Generously Sized Bedrooms Upstairs, This Home Is Perfect For Growing Families. The Finished Walk-Out Basement Extends Seamlessly To A Beautiful Backyard Retreat, Ideal For Entertaining Or Relaxing Surrounded By Nature. Loaded With Premium Upgrades Including Hardwood Flooring Throughout, Smooth Ceilings, An Upgraded Eat-In Kitchen With Centre Island, Granite Countertops In The Kitchen And Washrooms, Elegant Upgraded Staircase And Railings, And The Added Benefit Of No Sidewalk, Allowing Parking For 4 Cars On The Driveway. Unbeatable Location. Steps To Yonge St., Transit, Parks, Shops, Restaurants. Located Within York Region's Highly Desirable Family Community And Private School Corridor, With Convenient Access To Top Private School Options In Richmond Hill, Including Holy Trinity School(HTS), Montessori, and Aurora's Well-Known Boys' School, St. Andrew's College(SAC).
Estimate your monthly payments for this property
Estimated Payment
$11,057.46/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 Westbrook
Westbrook 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 Westbrook
- •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
Westbrook 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.
16 Gracedale Drive, 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
Fair Market Value
At $833/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.
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 3,000 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 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 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.