$10,990,000 - 29 Denham Drive, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: South Richvale
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- MLS Number
- N13783080
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 7
- Bathrooms
- 10
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $42,741
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
This ultra-luxurious Chateau/European style estate, custom master-crafted in 2018,offers quality craftsmanship.This14000sqft exquisitely designed living space, on a private0.6-acre lot with 100'of gated frontage on a desirable street in South Richvale surpasses all expectations. You will be greeted by soaring ceilings and mirrored accents. The expansive great room offers breathtaking views, while the kitchen surpasses imagination ,redefining culinary excellence. The primary suite is reminiscent of a luxurious resort, where relaxation and comfort intertwine seamlessly. The impressive features of this gem include,5expansive bdrms,9bathrm,all with heated flrs,10fireplaces4cozy ambiance,2kitchens4culinary enthusiasts,Elevator4convenience,Concrete Betz Pool(20x40')Over800sqft of concrete deck,Cabana4outdoor relaxation, Steam and dry sauna4wellness,Outdoor kitchen 4 al fresco dining,5car heated garage,400-amp electrical service, In-floor heating4comfort,Snowmelt to keep pathways clear.
Estimate your monthly payments for this property
Estimated Payment
$48,612.48/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.
29 Denham 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
Premium Pricing
At $2198/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 23 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 7 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 10 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.