$3,390,000 - 2 Poplar Drive, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Oak Ridges
- MLS Number
- N13628186
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- LPT REALTY
POWER OF SALE OPPORTUNITY! Set in the sought after Oak Ridges community, this custom built luxury residence offers approximately 5,296 sq ft of above grade living space, thoughtfully designed for buyers who value craftsmanship and refined detail throughout. A grand 22 ft foyer welcomes you home, topped by a skylight that fills the entryway with natural light. Wainscoting, waffle ceilings, and pot lighting extend that architectural polish across the main floor. A private main floor office, finished in oak panelling with a large window, offers a quiet space to work from home. The combined living and dining room sets an elegant tone for entertaining, accented by wall sconces and an electric fireplace. The home flows into a chef inspired kitchen featuring a large centre island, dual sinks, quartz countertops, high end built in appliances, and generous cabinetry. The kitchen opens into a sunlit family room with soaring 22 ft ceilings, built in shelving, and a fireplace, ideal for everyday living and hosting guests, with an elevator providing access to every level. Upstairs, four spacious bedrooms each offer a private ensuite. The primary suite is a true retreat, with a custom walk in closet, accent panel wall, gas fireplace, private enclosed balcony, and a spa inspired 7 piece ensuite with heated floors. Second floor laundry adds convenience. The finished lower level offers a second kitchen, wet bar, wine cellar, fireplace, custom built ins, integrated speakers, a gym area, additional bedroom, cold room, and 3 piece bath, well suited for extended family or entertaining. Outside, a walkout deck with a gas BBQ line overlooks a private, resort style backyard, complete with an inground pool set against a mature, tree lined ravine, a true sanctuary for indoor outdoor living. A rare opportunity to own an extraordinary home in one of Richmond Hill's most prestigious communities.
Estimate your monthly payments for this property
Estimated Payment
$14,995.11/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 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
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.
2 Poplar Drive, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $678/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 22 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.
Larger Home Realities
At 5,000 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 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 6 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.