$2,788,800 - 23 Menotti Drive, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Oak Ridges
- MLS Number
- N13543008
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to 23 Menotti Drive, Richmond Hill. Experience luxury living in one of Richmond Hill's most prestigious neighbourhoods. This exceptional brand-new; custom-built residence offers impeccable craftsmanship, modern design, and the peace of mind of a 7-Year Tarion Warranty. Featuring 4 spacious bedrooms, 5 luxurious bathrooms. 10-foot ceilings on the math floor, and elegant hardwood flooring throughout, every detail has been thoughtfully designed to deliver both comfort and sophistication.The heart of the home is the spectacular chef-inspired gourmet kitchen, showcasing over S80,000 in premium upgrades, including upscale luxury appliances, custom cabinetry, stone countertops, and an oversized island perfect for entertaining. The bright walk-out basement offers oversized windows and has been professionally roughed-in for a future kitchen or bar, creating the ideal opportunity for an in-law suite, entertaining space, or additional living area Additional luxury features include: Coffered ceilings and premium architectural details Stone countertops throughout Oversized windows providing abundant natural light Premium finishes and exceptional craftsmanship Built by an award-winning luxury builder renowned for meticulous attention to detail and superior quality construction Surrounded by executive luxury homes and located just minutes from every major amenity, this home is ideally situated near top-ranked schools, including Country Day School, Villanova College, and several other prestigious private schools, while offering convenient access to parks, shopping, restaurants, transit, and major highways. This is a rare opportunity to own a truly exceptional luxury home where timeless craftsmanship meets modern elegance. A must-see property that is sore to impress even the most discerning buyer.
Estimate your monthly payments for this property
Estimated Payment
$12,335.80/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.
23 Menotti 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 $797/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 17 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.
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.