$5,500,000 - 7 Deer Run Court, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Rural Richmond Hill
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- MLS Number
- N13798262
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $20,416
- Listing Brokerage
- KELLER WILLIAMS EMPOWERED REALTY
A truly distinctive residence where timeless architectural details meet exceptional spaces for living and entertaining. The impressive arrival features a crescent-shaped driveway, towering mature trees, architectural pillars, exterior night lighting and a flagstone walkway leading to the covered front porch. Inside, the grand marble foyer showcases intricate ceiling medallions, crystal chandeliers, crown mouldings and the striking Scarlett O'Hara staircase with iron pickets and wood handrail. The main level showcases hardwood floors, picture-frame mouldings and expansive palladium-topped windows. The beautifully appointed kitchen features marble countertops, centre island with seating for six, Miele gas cooktop with BBQ feature, Miele dishwasher, Bosch built-in oven, LG refrigerator, walk-in pantry, appliance station and desk area. The dining area provides direct access to the rear entertainment space, while the formal dining and living rooms offer an elegant flow. The family room features a gas fireplace and glass atrium overlooking the grounds, complemented by a distinguished home office. The primary retreat offers a private sitting room, covered outdoor access and luxurious ensuite with Jacuzzi whirlpool bath and glass-enclosed rain shower. The lower level is designed for entertaining with a dedicated bar, billiards room with floor-to-ceiling marble gas fireplace, recreation room, second kitchen, sauna and walk-up to the rear grounds. The private outdoor setting features mature conifers and hedges surrounding a saltwater pool, flagstone decking, diving board and expansive entertainment areas. Set in a sought-after estate community where nearby you can enjoy scenic trails, beautiful parks, nearby golf, Oak Ridges Community Centre & Pool, the 19th Avenue Farmers Market and a wide choice of shopping and dining venues. A selection of highly regarded schools further enhances this family-friendly community.
Estimate your monthly payments for this property
Estimated Payment
$24,328.36/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 Rural Richmond Hill
Rural Richmond 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 Rural Richmond 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
Rural Richmond 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.
7 Deer Run Court, 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
Fair Market Value
At $1100/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 20 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 5,000 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 6 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.