$2,289,000 - 88 Cambridge Crescent, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: South Richvale
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- MLS Number
- N13751402
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $11,820
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Distinguished Executive Living In This Beautifully Appointed Residence, Ideally Situated In Richmond Hill's Prestigious South Richvale Community. Gracefully Positioned On A No-Sidewalk, Large Principle Lot, With A Picturesque Backdrop Of Mature Trees, Offering An Enviable Sense Of Privacy, Natural Beauty & Serene Surroundings. Showcasing Approximately $230,000+ In Curated Upgrades & Approx. 4,500 Sq. Ft. Of Renovated Finished Living Space, This Refined Home, Extensively Remodelled Within The Past 7 Years, Shows True Pride Of Ownership and Presents Impressive Curb Appeal. An Enclosed Front Entrance Introduces An Elegant Interior With Smooth Ceilings, Pot Lights, Hardwood Floors, Wainscotting & Large, Modern Tile. The Family Room Is Enhanced By Custom Built-In Cabinetry With Glass Shelving. A Chef-Inspired Kitchen Features A Centre Island, Built-In Pantry, Under-Cabinet Lighting & Newer Bosch Appliances (2020). Generous Closet Storage Throughout Complements Well-Proportioned, Functional Bedroom Layouts. The Ensuite Offers A Spa-Inspired Multi-Jet Shower System With Body Sprays. The Lower Level Is Enhanced By High Ceilings, Large Windows & Pot Lights, Creating A Bright, Versatile Extension Of The Home. The Finished Bedroom & Rec Room Feature New Vinyl Flooring (Aug. 2026) & Newly Shelved Closets. A Cold Room/Cantina & Expansive Unfinished Area Provide Ample Additional Storage. Laundry Room & Garage Each Offer Separate Side-Yard Access; Garage Also Features Direct Interior Entry & New Epoxy Flooring (Aug. 2026). Outdoors, A Tranquil Backyard Retreat Is Complemented By An Interlock Front Walkway & Meticulously Landscaped Grounds With Manicured Gardens, Mature Trees & Shrubs. 200-Amp Service, 2024 Heat Pump & Furnace. A Sophisticated Offering Where The Comforts Of Modern Luxury Are Beautifully Balanced With The Privacy, Serenity & Timeless Appeal Of A Picturesque, Treed Setting.
Estimate your monthly payments for this property
Estimated Payment
$10,125.02/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 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.
88 Cambridge Crescent, 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 $654/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.
Market Position
At 29 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 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.