38 Maple Grove Avenue, Richmond Hill

Price: $3,788,000

5 bedrooms, 6 bathrooms

5,000+ sqft

Property Type: New Construction

MLS#: N13518202

38 Maple Grove - A Signature Residence by Anix Developments A true masterpiece by Anix Developments, this award-winning custom-built luxury home showcases exceptional craftsmanship and refined interior design. Offering approximately 5,630 sq.ft. above grade and 4000+ sq.ft. of basement space, this residence defines modern luxury living. Step into a grand 23-ft foyer featuring a walk-in closet and breathtaking scale. The home boasts a fully open-concept layout seamlessly connecting the kitchen, dining, and living areas, highlighted by soaring 23-ft vaulted ceilings with exposed beams and elegant floating ceiling details. The sun-filled living space is enhanced by expansive windows and a striking 2-way fireplace, perfectly positioned to serve both the interior and outdoor entertaining areas. The chef-inspired kitchen is equipped with premium Thermador built-in appliances, custom cabinetry, and a built-in breakfast banquette. The luxurious primary suite features an impressive 18-ft ceiling, a boutique-style walk-in dressing room with custom built-ins, and a spa-inspired 6-piece ensuite. All upper-level bedrooms are designed as private suites with their own bathrooms and 10-ft ceilings, while all four bathrooms are upgraded with heated floors. A serene, spa-like wood-clad meditation room adds a unique retreat experience on the second level. The lower level offers 11-ft ceilings throughout, complete with a wine cellar, expansive recreation area, and a separate living space. living is elevated with multiple spaces, including a covered vaulted wood ceiling patio, a glass-railed terrace, and a private hot tub retreat off the primary bedroom-perfect for entertaining and relaxation. A rare blend of architectural sophistication and resort-style living in one of the area's most prestigious communities.

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New Listing
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$3,788,000 - 38 Maple Grove Avenue, Richmond Hill

New Construction for Sale in Richmond Hill

New — Listed 4 days ago

Neighbourhood: Oak Ridges

5Beds
6Baths
5,000+Sq Ft
New Construction
Property Details
MLS Number
N13518202
Property Type
New Construction
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
6
Square Feet
5,000+ sqft
Neighbourhood
Richmond Hill
Listing Brokerage
FIRST CLASS REALTY INC.
Description

38 Maple Grove - A Signature Residence by Anix Developments A true masterpiece by Anix Developments, this award-winning custom-built luxury home showcases exceptional craftsmanship and refined interior design. Offering approximately 5,630 sq.ft. above grade and 4000+ sq.ft. of basement space, this residence defines modern luxury living. Step into a grand 23-ft foyer featuring a walk-in closet and breathtaking scale. The home boasts a fully open-concept layout seamlessly connecting the kitchen, dining, and living areas, highlighted by soaring 23-ft vaulted ceilings with exposed beams and elegant floating ceiling details. The sun-filled living space is enhanced by expansive windows and a striking 2-way fireplace, perfectly positioned to serve both the interior and outdoor entertaining areas. The chef-inspired kitchen is equipped with premium Thermador built-in appliances, custom cabinetry, and a built-in breakfast banquette. The luxurious primary suite features an impressive 18-ft ceiling, a boutique-style walk-in dressing room with custom built-ins, and a spa-inspired 6-piece ensuite. All upper-level bedrooms are designed as private suites with their own bathrooms and 10-ft ceilings, while all four bathrooms are upgraded with heated floors. A serene, spa-like wood-clad meditation room adds a unique retreat experience on the second level. The lower level offers 11-ft ceilings throughout, complete with a wine cellar, expansive recreation area, and a separate living space. living is elevated with multiple spaces, including a covered vaulted wood ceiling patio, a glass-railed terrace, and a private hot tub retreat off the primary bedroom-perfect for entertaining and relaxation. A rare blend of architectural sophistication and resort-style living in one of the area's most prestigious communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$16,755.60/mo

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5-yr fixed avg.

Principal: $3,030,400Interest: $1,996,280
Mortgage Amount$3,030,400
Total Interest$1,996,280
Est. Property Tax$2,683/mo
Total Cost$5,026,680

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

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

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 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

38 Maple Grove Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,200/mo
Range: $4,420 - $5,980
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,200
Maintenance Fees-$0
Property Tax (est.)-$2,683
Insurance (est.)-$789
Net Cash Flow+$1,728

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 $758/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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.

About Oak Ridges

I know Oak Ridges 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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    38 Maple Grove Avenue, Richmond Hill | $3,788,000 | Battaglia Team