$2,490,000 - 23 Mackay Drive, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: South Richvale
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- MLS Number
- N13777410
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $13,659
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this exceptional custom-built detached home in the prestigious South Richvale community. Situated on a generously proportioned 50' x 150' lot with a south-facing exposure, this beautifully maintained residence offers 3,984 sq. ft. of above-grade living space, complemented by an expansive, professionally finished basement. Step into the impressive grand foyer, featuring soaring 17-foot ceilings and expansive windows that fill the home with abundant natural light. The thoughtfully designed open-concept layout offers generously sized principal rooms and a seamless flow throughout. The grand formal dining room features a large window and elegant coffered ceiling. The bright and inviting family room offers a gas fireplace , a spacious breakfast area with walk-out access to the deck. The well-appointed kitchen features custom cabinetry, granite countertops, and a center island. A private study provides a quiet and dedicated space for work or reading. The grand second-floor landing overlooks the stunning two-story foyer. The upper level offers four exceptionally spacious bedrooms, including a luxurious primary retreat, along with three full bathrooms, providing comfort and privacy for the entire family. The professionally finished basement significantly extends the living space, featuring a large recreation area with new vinyl flooring and a second gas fireplace. Convenient walk-up access leads directly to the backyard. The lower level also includes an additional bedroom with a 4-piece ensuite, as well as a versatile den with a 2-piece bathroom, offering exceptional flexibility for recreation, guests, a home office, or extended family living. The beautiful backyard provides a wonderful sense of privacy and tranquility, creating an ideal retreat in one of Richmond Hill's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$11,014.11/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 South Richvale
South 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 South 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
South 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.
23 Mackay 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
Competitive Pricing
At $711/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 25 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 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 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 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.