$1,888,000 - 53 Strathearn Avenue, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 7 days agoNeighbourhood: Bayview Hill
- MLS Number
- N13681952
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- BAY STREET GROUP INC.
Amazing Bayview Hill opportunity! Bring your vision and transform this spacious executive residence into your dream home in one of Richmond Hill's most sought-after communities, where the average home sale price exceeds $2.6 million. Built by renowned Georgian Homes and offered by the original owner, this quality-built home sits on a premium 66' x 147' private lot surrounded by mature trees.Offering approximately 3,479 sq. ft. above grade, the home provides an exceptional foundation for renovation, with generous room sizes and an excellent family-friendly floor plan offering comfortable living and privacy for everyone. The main level features a library/home office, spacious principal rooms, family room with fireplace, and a large eat-in kitchen. Upstairs are four generous bedrooms, including an impressive primary retreat with its own sitting lounge and fireplace.The unfinished basement, with rough-ins for a fireplace and 3-piece bath, provides outstanding potential to create additional living, recreation, or entertainment space. Recent updates include a Bryant furnace (2026), owned hot water tank (July 2026), R60 attic insulation, R28 basement insulation, and roof, gutters & downspouts replaced in 2022.Located within the highly acclaimed Bayview Hill ES, Bayview SS (IB Program), and Adrienne Clarkson PS (French Immersion), and close to parks, shopping, transit, and major highways. A rare opportunity to renovate and create a custom home on a substantial private lot in prestigious Bayview Hill!
Estimate your monthly payments for this property
Estimated Payment
$8,351.26/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 Bayview Hill
Bayview Hill 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 Bayview Hill
- •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
Bayview Hill 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.
53 Strathearn Avenue, 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 $629/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.
Larger Home Realities
At 3,000 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.
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.