$1,247,000 - 168 Springhead Gardens, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 5 days agoNeighbourhood: North Richvale
- MLS Number
- N13514976
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RIGHT AT HOME REALTY
Affordable Luxury Living with Exceptional Future Potential in North Richvale: Newly enhanced virtual photos help buyers visualize this meticulously renovated raised bungalow as it is today, while also showcasing exciting customization possibilities, including furniture/layout concepts, exterior design ideas and a potential second-level addition concept that may increase living space to approx. 3,000 sq ft, subject to buyer due diligence and municipal approvals. A dramatic Starlight Galaxy granite foyer introduces a home designed for buyers who value quality, precision and enduring style. Custom staircases create architectural flow. Chef's kitchen features granite counters/floors, maple cabinetry/new stove with air fry/air bake, opening to formal dining beneath a crystal chandelier and sun-filled living room. Main level offers 3 spacious bedrooms and spa-inspired 5-pc bath with matched Starlight Galaxy granite, porcelain and Jacuzzi tub. Kitchen walks out to a private backyard for seamless indoor-outdoor living. Engineered hardwood selected for the Princess Margaret Lottery Home, Benjamin Moore finishes and R60+ insulation add quality and efficiency. Wood-paneled lower level features home theatre with 7.1 surround, executive office or 4th bedroom, 2nd bathroom and direct garage access for safety and convenience. Bell Pure Fibre Optics adds modern connectivity. Customized double garage with automotive/movie artwork, overhead lighting and sound system fits 2 large luxury SUVs, plus 4 cars on driveway; ideal workshop, studio or collector showcase. Separate garage entrance offers basement income potential. Estate-calibre exterior and in-drive lighting create striking night presence. Private rear garden beneath mature trees offers rare privacy, comfortably seating 16 guests in a secluded oasis. Steps to Hillcrest Mall, schools, parks, hospital, transit, groceries and upcoming subway. Linked property.
Estimate your monthly payments for this property
Estimated Payment
$5,515.90/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 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
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.
168 Springhead Gardens, Richmond Hill
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Rental income estimator & ROI calculator
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 $1134/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,196 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.