$2,688,000 - 31 Vesta Drive, Richmond Hill
Detached for Sale in Richmond Hill
41 days on marketNeighbourhood: Bayview Hill
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- MLS Number
- N13717834
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2025)
- $14,003
- Listing Brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
31 Vesta Drive, located in the desired Bayview Hill community, This home offers refined living set on a premium 70 x 140' mature tree-lined property. With no homes directly in front or behind the property, the setting offers a rare sense of openness, privacy, and tranquility.The one-of-a-kind oversized lot is offered for sale by the original owners and features a large, private, tree-lined backyard oasis that features a huge 2-tiered deck and large in-ground swimming pool, providing the perfect setting for entertaining and outdoor relaxation, with a direct walkout from the kitchen to the deck.The open-concept home offers abundant natural light, 3 skylights, and features a western exposure. The home offers a rare 4-car tandem garage, providing generous storage, a huge driveway, and ample parking.The 4-bedroom, 4-bathroom home offers an open, spacious, inviting atmosphere. The spacious upstairs features generously sized bedrooms, including a beautiful primary suite with a luxurious ensuite and ample closet space. A gourmet kitchen anchors the home, seamlessly connecting to family spaces, while the living and dining areas are ideal for both everyday living and entertaining. The main floor features a large dining area, living room, private office/den, family room, and large mudroom.Backing onto a peaceful park filled with new state-of-the-art amenities and located within a top-ranked school district, featuring an International Baccalaureate (IB) high school and excellent primary schools, 31 Vesta is a perfect place for raising a family.
Estimate your monthly payments for this property
Estimated Payment
$11,889.93/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 Bayview Hill
Bayview Hill 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 Bayview Hill
- •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
Bayview Hill 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.
31 Vesta 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 $768/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 41 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 4 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.