$1,599,900 - 20 Bridewell Crescent, Richmond Hill
Detached for Sale in Richmond Hill
Neighbourhood: Mill Pond
- MLS Number
- N13650892
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 6,222 sqft
- Listing Brokerage
- HOMELIFE FRONTIER REALTY INC.
Rare opportunity in sought-after Heritage Estates at Mill Pond! Set on a quiet, tree-lined crescent, this impressive, detached home offers approximately 3,400 sq. ft. above grade on apremium lot. The spacious layout features 5 bedrooms and 4 bathrooms, including a main-floor bedroom ideal for guests, multigenerational living or a private home office. Enjoy an updated eat-in kitchen with granite counters, stainless steel appliances, cabinetry, backsplash and flooring, a large family room with big windows and fireplace, hardwood flooring on the mainand second levels, and granite counters in all four bathrooms. The generous primary bedroom includes a walk-in closet and ensuite with double sinks, shower and bathtub. Additional updates include roof shingles, windows, furnace and owned hot-water tank. A large, interlocked backyard framed by mature trees provides exceptional space for entertaining. Double garageplus parking for 5 vehicles on the driveway, with no sidewalk. Walking distance to Stavert Park tennis courts, playgrounds, Mill Pond trails and more. Outstanding future-use potential: City-reviewed permit drawings depict two proposed self-contained basement suites approximately 1,046 sq. ft. with 2 bedrooms and approximately 595sq. ft. with 1 bedroom each designed with a kitchen, bathroom, laundry and separate entrance. A separate City-reviewed drawing set depicts an approximately 508 sq. ft. second-flooraddition above the garage, designed as a guest room with washroom and balcony. No construction has commenced. Buyer to verify current permit status, approved scope, renewal requirements, zoning, construction feasibility, costs and all municipal requirements. Note: The photos have been virtually staged for illustration purposes only. Furnishings and decor shown are not currently present or included in the sale. HVAC/humidifier: Installed 2017 w/10 yrs waranty. Kitchen/appliances updated 2017. Roof done 2018 w/40-yrs waranty. Bath granite counters 2024.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/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 Mill Pond
Mill Pond 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 Mill Pond
- •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
Mill Pond 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.
20 Bridewell 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 $533/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 16 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 3,000 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 4 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.