73 Menotti Drive, Richmond Hill

Price: $1,499,900

6 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13681420

Welcome to the Highly Sought-After Oak Ridges Community in Richmond Hill!*Stunning family home offering 3,035 sq ft of upgraded masterpiece living in a luxury home community, with over $280K in upgrades from the builder. The custom kitchen is a showstopper, featuring high-end appliances including a Sub-Zero 48" fridge and Wolf 36" 6-burner gas range, premium quartz counters, and a custom island with spacious breakfast area. The spacious living room boasts a double-sided fireplace and abundant natural light, while the open-concept executive dining room flows into a bright, welcoming space with soaring 20-ft ceilings.Outdoors, enjoy $100K spent on front interlock, backyard garden & deck - a beautifully landscaped space perfect for entertaining, complete with a fully fenced yard, 5 parking spaces on the driveway, plus a 2-car garage.The upper floor features a spacious primary bedroom with an upgraded 5-piece ensuite and walk-in closet, plus four additional bedrooms and two fully upgraded bathrooms. Downstairs, a $100K professionally finished basement with a luxury kitchen, one bedroom, and a walk-up entrance offers excellent income potential or space for extended family.Additional features include 10-ft smooth ceilings on the main floor, 9-ft ceilings on the second floor and basement, luxury hardwood floors, custom curtains, main-floor laundry, and outdoor pot lights throughout.Unbeatable Location - Close to parks, schools, the library, restaurants, and everyday amenities, with easy access to Bloomington GO Station and Bus 88 to Finch Station.A must-see property!!

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New Listing
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$1,499,900 - 73 Menotti Drive, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 7 days ago

Neighbourhood: Oak Ridges

6Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13681420
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
6
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
HOMELIFE GOLCONDA REALTY INC.
Description

Welcome to the Highly Sought-After Oak Ridges Community in Richmond Hill!*Stunning family home offering 3,035 sq ft of upgraded masterpiece living in a luxury home community, with over $280K in upgrades from the builder. The custom kitchen is a showstopper, featuring high-end appliances including a Sub-Zero 48" fridge and Wolf 36" 6-burner gas range, premium quartz counters, and a custom island with spacious breakfast area. The spacious living room boasts a double-sided fireplace and abundant natural light, while the open-concept executive dining room flows into a bright, welcoming space with soaring 20-ft ceilings.Outdoors, enjoy $100K spent on front interlock, backyard garden & deck - a beautifully landscaped space perfect for entertaining, complete with a fully fenced yard, 5 parking spaces on the driveway, plus a 2-car garage.The upper floor features a spacious primary bedroom with an upgraded 5-piece ensuite and walk-in closet, plus four additional bedrooms and two fully upgraded bathrooms. Downstairs, a $100K professionally finished basement with a luxury kitchen, one bedroom, and a walk-up entrance offers excellent income potential or space for extended family.Additional features include 10-ft smooth ceilings on the main floor, 9-ft ceilings on the second floor and basement, luxury hardwood floors, custom curtains, main-floor laundry, and outdoor pot lights throughout.Unbeatable Location - Close to parks, schools, the library, restaurants, and everyday amenities, with easy access to Bloomington GO Station and Bus 88 to Finch Station.A must-see property!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,634.56/mo

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5-yr fixed avg.

Principal: $1,199,920Interest: $790,449
Mortgage Amount$1,199,920
Total Interest$790,449
Est. Property Tax$1,062/mo
Total Cost$1,990,369

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: Oak Ridges

Discover Oak Ridges

Oak Ridges 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 Oak Ridges

  • 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

Oak Ridges 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

73 Menotti Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$3,226

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 $500/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.

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 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.

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    73 Menotti Drive, Richmond Hill | $1,499,900 | Battaglia Team