49 Grange Drive, Richmond Hill

Price: $1,749,000

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13700020

Welcome To This Rare Luxury Ravine Home In Sought-After Jefferson, Richmond Hill, Featuring 4 Bedrooms + 4 Bathrooms, W/Over 3,500 SqFt (Approx.) of Total Living Space. A Finished Walk-Out Basement, In-Law/Nanny Suite & Unobstructed Greenbelt/Conservation Views. Extensively Renovated & Move-In Ready, This Exceptional Family Home Offers Privacy, Luxury & Nature-Inspired Living. The Main Floor Features 9' Coffered Ceilings, Custom Cabinetry & Pot Lights. The Gourmet Kitchen Showcases Premium Dekton Waterfall Island & Backsplash, Custom Cabinetry, Thermador 48" 6-Burner Gas Range & Dual Ovens, Built-In Sub-Zero Refrigerator With Double Freezer Drawers & Built-In Wine & Beverage Fridge. Major Upgrades Include Kitchen & Main Floor Renovation (2020), Roof, All Windows & Doors (2019) With Triple-Pane High-Efficiency Glass, Owned Commercial-Grade HWT Replaced Within The Past Year, A/C Approx. 4 Years Ago & HEPA + UVC + PCO Air Purification System. Walk-Out Basement With Bedroom & In-Law/Nanny Suite Ideal For Multigenerational Living Or Extra Rental Income. Custom Bedroom Desk & Bed frame (2025), Enhanced Garage Thermal Envelope, New Light Fixtures & Freshly Painted Garage Doors. Enjoy A Landscaped Ravine Backyard With Unobstructed Conservation Views & Freshly Painted Deck-Perfect For Outdoor Entertaining, Summer BBQs & Private Family Retreats. Close To Oak Ridges Moraine Trails, Jefferson Forest, Phillips Lake & Parks. Ideally Located In A Family-Friendly Jefferson Community With Top Rated School Catchments Incl Beynon Fields P.S & Ranked #1 St. Theresa Catholic High School, Farm Boy, Sobeys, Hillcrest Mall, GO Transit & Hwy 404/407. A Rare Opportunity To Own A Luxury, Move-In-Ready Ravine Home With Premium Finishes, Privacy & Exceptional Indoor-Outdoor Living.

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New Listing
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$1,749,000 - 49 Grange Drive, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 2 days ago

Neighbourhood: Jefferson

5Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13700020
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Lot Size
4,424 sqft
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Welcome To This Rare Luxury Ravine Home In Sought-After Jefferson, Richmond Hill, Featuring 4 Bedrooms + 4 Bathrooms, W/Over 3,500 SqFt (Approx.) of Total Living Space. A Finished Walk-Out Basement, In-Law/Nanny Suite & Unobstructed Greenbelt/Conservation Views. Extensively Renovated & Move-In Ready, This Exceptional Family Home Offers Privacy, Luxury & Nature-Inspired Living. The Main Floor Features 9' Coffered Ceilings, Custom Cabinetry & Pot Lights. The Gourmet Kitchen Showcases Premium Dekton Waterfall Island & Backsplash, Custom Cabinetry, Thermador 48" 6-Burner Gas Range & Dual Ovens, Built-In Sub-Zero Refrigerator With Double Freezer Drawers & Built-In Wine & Beverage Fridge. Major Upgrades Include Kitchen & Main Floor Renovation (2020), Roof, All Windows & Doors (2019) With Triple-Pane High-Efficiency Glass, Owned Commercial-Grade HWT Replaced Within The Past Year, A/C Approx. 4 Years Ago & HEPA + UVC + PCO Air Purification System. Walk-Out Basement With Bedroom & In-Law/Nanny Suite Ideal For Multigenerational Living Or Extra Rental Income. Custom Bedroom Desk & Bed frame (2025), Enhanced Garage Thermal Envelope, New Light Fixtures & Freshly Painted Garage Doors. Enjoy A Landscaped Ravine Backyard With Unobstructed Conservation Views & Freshly Painted Deck-Perfect For Outdoor Entertaining, Summer BBQs & Private Family Retreats. Close To Oak Ridges Moraine Trails, Jefferson Forest, Phillips Lake & Parks. Ideally Located In A Family-Friendly Jefferson Community With Top Rated School Catchments Incl Beynon Fields P.S & Ranked #1 St. Theresa Catholic High School, Farm Boy, Sobeys, Hillcrest Mall, GO Transit & Hwy 404/407. A Rare Opportunity To Own A Luxury, Move-In-Ready Ravine Home With Premium Finishes, Privacy & Exceptional Indoor-Outdoor Living.

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Estimate your monthly payments for this property

Estimated Payment

$7,736.42/mo

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5-yr fixed avg.

Principal: $1,399,200Interest: $921,725
Mortgage Amount$1,399,200
Total Interest$921,725
Est. Property Tax$1,239/mo
Total Cost$2,320,925

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: Jefferson

Discover Jefferson

Jefferson 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 Jefferson

  • 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

Jefferson 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

49 Grange Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,239
Insurance (est.)-$364
Net Cash Flow+$2,347

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 $700/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.

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 Jefferson

I know Jefferson 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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    49 Grange Drive, Richmond Hill | $1,749,000 | Battaglia Team