$2,438,000 - 42 Oatlands Crescent, Richmond Hill
Detached for Sale in Richmond Hill
44 days on marketNeighbourhood: Mill Pond
- MLS Number
- N13549136
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 7,434 sqft
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to this exceptional family home in the prestigious Mill Pond community. Offering 5spacious bedrooms plus a dedicated main-floor office, this home provides the ideal layout for large or multi-generational families, with plenty of room for working from home, studying, and everyday living. Designed for both comfort and entertaining, the generous principal rooms and functional floorplan create a warm and inviting atmosphere for family gatherings and special occasions.one of the home's most outstanding features is the expansive, exceptionally private backyard. With no direct rear neighbours overlooking the property, you can enjoy a peaceful out door retreat offering outstanding privacy-perfect for children to play safely, hosting family and friends, or simply relaxing in your own secluded oasis. Located in one of Richmond Hill's most desirable neighbourhoods, this home is close to top-rated schools, Mill Pond Park, shopping, restaurants, community amenities, and major commuter routes. Combining generous living space, exceptional privacy, and an unbeatable location, this is a rare opportunity to own a home perfectly suited for today's growing family
Estimate your monthly payments for this property
Estimated Payment
$10,784.10/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 Mill Pond
Mill Pond 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 Mill Pond
- •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
Mill Pond 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.
42 Oatlands Crescent, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $697/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 44 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.
Excellent Flexibility
With 6 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.