368 Paradelle Drive, Richmond Hill

Price: $1,988,000

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13678272

STUNNING 2-STOREY FONTAINEBLEU ESTATE WITH SOPHISTICATED UPGRADES IN THE PRESTIGIOUS LAKE WILCOX COMMUNITY! Freshly painted throughout with new modern light fixtures and new LED potlights. This impressive home offers over 3,800 sqft of total living space, a 2-car garage and a double driveway accommodating up to 4 cars. Step into the grand foyer with soaring ceilings, welcoming into an inviting, thoughtfully designed interior. The formal living and dining areas feature large bright windows and an elegant tray ceiling. The chef-inspired kitchen offers stainless steel appliances, ample cabinetry, a centre island with a breakfast bar, and a convenient pantry. Surrounded by windows, the bright breakfast area provides a walkout to the beautifully landscaped, fully fenced backyard. The cozy family room showcases a fireplace and expansive picture windows overlooking the yard. A private main-level room offers an ideal home office or flexible workspace. Walk up the graceful circular staircase leading to the upper landing. The oversized primary suite is a true retreat, featuring a comfortable sitting area, his & hers closets, and a luxurious 4pc ensuite with double vanity, soaker tub and glass shower. Three additional bedrooms each feature their own ensuite and ample closet space. Enjoy the convenient upper-level laundry room with full-sized washer & dryer, sink and cabinetry. Ideally situated near Lake Wilcox, parks, trails, top-rated schools, shopping, restaurants and everyday amenities, with easy access to major roads, transit and the GTA. An exceptional opportunity to enjoy refined family living in a desirable Richmond Hill neighbourhood!

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$1,988,000 - 368 Paradelle Drive, Richmond Hill

Detached for Sale in Richmond Hill

Popular Listing

Neighbourhood: Oak Ridges Lake Wilcox

4Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13678272
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

STUNNING 2-STOREY FONTAINEBLEU ESTATE WITH SOPHISTICATED UPGRADES IN THE PRESTIGIOUS LAKE WILCOX COMMUNITY! Freshly painted throughout with new modern light fixtures and new LED potlights. This impressive home offers over 3,800 sqft of total living space, a 2-car garage and a double driveway accommodating up to 4 cars. Step into the grand foyer with soaring ceilings, welcoming into an inviting, thoughtfully designed interior. The formal living and dining areas feature large bright windows and an elegant tray ceiling. The chef-inspired kitchen offers stainless steel appliances, ample cabinetry, a centre island with a breakfast bar, and a convenient pantry. Surrounded by windows, the bright breakfast area provides a walkout to the beautifully landscaped, fully fenced backyard. The cozy family room showcases a fireplace and expansive picture windows overlooking the yard. A private main-level room offers an ideal home office or flexible workspace. Walk up the graceful circular staircase leading to the upper landing. The oversized primary suite is a true retreat, featuring a comfortable sitting area, his & hers closets, and a luxurious 4pc ensuite with double vanity, soaker tub and glass shower. Three additional bedrooms each feature their own ensuite and ample closet space. Enjoy the convenient upper-level laundry room with full-sized washer & dryer, sink and cabinetry. Ideally situated near Lake Wilcox, parks, trails, top-rated schools, shopping, restaurants and everyday amenities, with easy access to major roads, transit and the GTA. An exceptional opportunity to enjoy refined family living in a desirable Richmond Hill neighbourhood!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,793.59/mo

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5-yr fixed avg.

Principal: $1,590,400Interest: $1,047,678
Mortgage Amount$1,590,400
Total Interest$1,047,678
Est. Property Tax$1,408/mo
Total Cost$2,638,078

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.

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Neighbourhood Guide: Oak Ridges Lake Wilcox

Discover Oak Ridges Lake Wilcox

Oak Ridges Lake Wilcox 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 Lake Wilcox

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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 Lake Wilcox 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.

70
Walk Score
Varies
Price Range

368 Paradelle Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,408
Insurance (est.)-$414
Net Cash Flow+$2,228

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $568/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.

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.

About Oak Ridges Lake Wilcox

I know Oak Ridges Lake Wilcox well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    368 Paradelle Drive, Richmond Hill | $1,988,000 | Battaglia Team