5A Pearson Avenue, Richmond Hill

Price: $2,280,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13477302

Location! Location! Location! Beside Park, 2 Minutes Walking Distance to Langstaff SS! Welcome to this stunning 2-storey, 4-bedroom, 5-bathroom exceptional custom-built home located in the premium lot of the South Richvale Community. This functional and elegant home sits on a spacious lot and features a large open foyer, good size home office, 9-foot ceilings on the main floor, a soaring cathedral ceiling and a large bay window in the living room.The gourmet chef's kitchen is designed for both style and functionality, complete with a center island, stone backsplash, granite countertops, and open to the breakfast area with walking to balcony. Overlooks the backyard and flows seamlessly into a spacious family room with a gas fireplace, perfect for family gatherings.A grand oak staircase leads to the second floor, which offers a bright and generous primary bedroom with a 5-piece ensuite bath and his & hers closets. 2nd and 3rd bedrooms share a convenient 4-piece ensuite bath. 4th bedroom has a 4 pc ensuite bath. The finished walk-out basement features a huge recreation room, a bedroom, and a 3-piece ensuite bath-ideal for extended family or guests.Enjoy a private retreat in the fully landscaped backyard, featuring beautifully maintained gardens, mature trees, and a serene setting.This home offers the perfect blend of luxury, comfort, and convenience-don't miss this incredible opportunity!

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$2,280,000 - 5A Pearson Avenue, Richmond Hill

Detached for Sale in Richmond Hill

Popular Listing

Neighbourhood: South Richvale

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13477302
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RIGHT AT HOME REALTY
Description

Location! Location! Location! Beside Park, 2 Minutes Walking Distance to Langstaff SS! Welcome to this stunning 2-storey, 4-bedroom, 5-bathroom exceptional custom-built home located in the premium lot of the South Richvale Community. This functional and elegant home sits on a spacious lot and features a large open foyer, good size home office, 9-foot ceilings on the main floor, a soaring cathedral ceiling and a large bay window in the living room.The gourmet chef's kitchen is designed for both style and functionality, complete with a center island, stone backsplash, granite countertops, and open to the breakfast area with walking to balcony. Overlooks the backyard and flows seamlessly into a spacious family room with a gas fireplace, perfect for family gatherings.A grand oak staircase leads to the second floor, which offers a bright and generous primary bedroom with a 5-piece ensuite bath and his & hers closets. 2nd and 3rd bedrooms share a convenient 4-piece ensuite bath. 4th bedroom has a 4 pc ensuite bath. The finished walk-out basement features a huge recreation room, a bedroom, and a 3-piece ensuite bath-ideal for extended family or guests.Enjoy a private retreat in the fully landscaped backyard, featuring beautifully maintained gardens, mature trees, and a serene setting.This home offers the perfect blend of luxury, comfort, and convenience-don't miss this incredible opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,085.21/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,824,000Interest: $1,201,563
Mortgage Amount$1,824,000
Total Interest$1,201,563
Est. Property Tax$1,615/mo
Total Cost$3,025,563

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: South Richvale

Discover South Richvale

South Richvale 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 South Richvale

  • 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

South Richvale 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

5A Pearson Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,615
Insurance (est.)-$475
Net Cash Flow+$2,110

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 $760/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.

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.

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 South Richvale

I know South Richvale 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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    5A Pearson Avenue, Richmond Hill | $2,280,000 | Battaglia Team