$7,800/mo - 63A Roosevelt Drive, Richmond Hill
Detached for Rent in Richmond Hill
Neighbourhood: South Richvale
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- MLS Number
- N13769824
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Absolutely wonderful 2-storey detached home including FULL SIZE basement in highly sought-after Richvale, Richmond Hill. Over 3600sqft above ground and high ceilings on each level. 4+2 bed, 7x bath, 6x parking. Updated tile flooring and potlights throughout. ALL upper bedrooms are spacious and easily fit King size beds and have their own ensuite bathrooms! Large primary bedroom comes with double sink bathroom with separate bathtub and shower, large linen closet and two walk-in closets. Living room, dining room, and a beautiful and bright kitchen with wraparound counter is perfect for hosting guests. There is even an additional family room for watching tv and relaxing. Mature trees and fenced backyard add privacy and large deck can be used for BBQ and entertaining outside. Office and large laundry room with four way access (side entrance, garage, main floor, basement). This home has plenty of space and storage. Basement can be accessed by the main hallway stairs or laundry room. FULL SIZE basement includes 2x bed, 2x bath. Large basement kitchen with vented stove/oven and dishwasher. There is so much space in basement that you can setup separate dining and living rooms. French doors lead to the main basement bedroom with ensuite bathroom, walk-in closet and crawlspace storage. Basement foyer/hallway has 2x storage closets plus an additional cold room. This property is perfect for families. Property comes FURNISHED ONLY. Property can be rented full house or separately (Upper or Basement).
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
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.
63A Roosevelt Drive, Richmond Hill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $7,800/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Richmond Hill. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 27 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 7 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.