$3,999,999 - 106 Teefy Avenue, Richmond Hill
Detached for Sale in Richmond Hill
65 days on market- MLS Number
- N13003356
- Property Type
- Detached
- Status
- active
- Days on Site
- 65
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 19,600 sqft
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Prestigious South Richvale Estate | Iconic Lot | Timeless Luxury" Welcome To One Of South Richvales Crown Jewels A Rare Opportunity To Own A Landmark Estate On An Extraordinary 140 Ft x 140 Ft Corner Lot, Nestled Among The Most Luxurious Homes In Richmond Hill. Located On One Of The Areas Most Prestigious Streets, This Residence Offers Nearly 8,000 Sq Ft Of Total Living Space And Defines What It Means To Live With Distinction. From The Moment You Arrive, The Home's Presence Commands Attention. A Circular Driveway Accommodates Over Eleven Vehicles With Ease, Leading To A Spacious Three-Car Garage. Inside, The Home Unfolds Into Multiple Living Spaces Designed For Both Grand-Scale Entertaining And Comfortable Family Living. Every Detail Reflects Timeless Craftsmanship And Modern Luxury, From The Soaring Ceilings To The Custom Finishes Throughout.The Home Features Four Fully Renovated Kitchens With Premium Jenn-Air Appliances, Sleek Cabinetry, And Contemporary Design, Perfectly Suited For Multigenerational Living Or Seamless Entertaining. Three Laundry Rooms Offer Practical Convenience Across Different Levels. The Bathrooms Have Also Been Thoughtfully Updated With Spa-Like Features And Refined Finishes. Outdoors, The Resort-Like Backyard Is A Private Sanctuary. Mature Trees Offer Natural Privacy, Surrounding An In-ground Pool With A Connected Hot Tub And A Fully Equipped Cabana Kitchen For Effortless Summer Living. An Indoor Sauna Adds To The Homes Wellness Appeal, Making This Estate A Retreat In Every Season.This Home Is Not Just A Residence..Its A Rare Statement Of Opulence, Privacy, And Prestige In One Of The GTAs Most Sought-After Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$17,693.34/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 Richmond Hill
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 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
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.
106 Teefy Avenue, 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 $800/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.
Negotiation Opportunity
At 65 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 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.