$1,599,000 - 40 Gemini Crescent, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Rouge Woods
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- MLS Number
- N13798212
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $8,004
- Listing Brokerage
- BEST UNION REALTY INC.
Welcome to this stunning detached home, featuring an impressive 45-foot frontage, approximately 4,000 sq. ft. of total living space, and premium upgrades. Ideally located in a highly convenient and sought-after neighbourhood, within the top-ranking Bayview Secondary School and Silver Stream Public School zones. This sun-filled residence offers 4 spacious bedrooms, 5 bathrooms, and a fully finished basement, combining an elegant design with a functional family-friendly layout. Step through the double-door entry into the impressive 17-foot grand foyer, where soaring ceilings and oversized windows create an exceptional sense of openness and natural light. The main floor features hardwood and porcelain flooring, crown moulding, pot lights, and bright open-concept living areas. The updated modern chef's kitchen is complete with quartz countertops and backsplash, stainless steel appliances, and a spacious breakfast area with a walkout to the backyard. The inviting family room features a cozy fireplace. Upstairs, the expansive primary bedroom offers a walk-in closet and a 5-piece ensuite. The second bedroom features its own 4-piece ensuite with a window, while two additional bedrooms provide built-in closets and generous windows. The fully finished basement offers excellent living space with a functional layout, including a private office with double French doors that can also serve as an additional bedroom, a spacious recreation room with a bar area, and a 4-piece bathroom. Additional upgrades include a newer interlock driveway, most of day and night blinds, garage door and opener, owned hot water tank, and replaced furnace. Enjoy an exceptional location within walking distance to parks, restaurants, shops, and supermarkets, and just minutes from GO Station, YRT transit, Hwy 404, major banks, Montessori schools, Costco, and much more.Simply move in and enjoy this beautiful family home!
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/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 Rouge Woods
Rouge Woods 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 Rouge Woods
- •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
Rouge Woods 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.
40 Gemini Crescent, 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 $640/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 20 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.
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 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.
About Rouge Woods
I know Rouge Woods 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.