108 Headwater Crescent, Richmond Hill

Price: $1,685,000

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13142048

Your Dream Home Awaits: Two-Story Sun-Filled Home in Desirable Neighborhood. This beautiful home offers an exceptional opportunity to live in a prime location. Open Concept Layout With Large Foyer & 11ft Ceiling On Main Floor Includes Spacious Living, Dining and family Room With Fireplace. Gourmet Chef's Kitchen With Built-In Appliances, Over-sized Granite Top Island, Custom Built Cabinetry & Spacious Breakfast Area Overlooking Backyard. Upper Floor Includes 4 sSpacious Bedrooms Plus 3 Bathrooms. Professional Interlocking and Beautiful Greenery. Steps From The Prestigious Lake Wilcox And The Channel Gate Parkette. Walk To The New State Of The Art Community Centre. Close to schools, parks, transit, and amenities this is a home that checks all the boxes. Don't miss your chance to make it yours.

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$1,685,000 - 108 Headwater Crescent, Richmond Hill

Detached for Sale in Richmond Hill

4Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13142048
Property Type
Detached
Status
active
Days on Site
30
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Your Dream Home Awaits: Two-Story Sun-Filled Home in Desirable Neighborhood. This beautiful home offers an exceptional opportunity to live in a prime location. Open Concept Layout With Large Foyer & 11ft Ceiling On Main Floor Includes Spacious Living, Dining and family Room With Fireplace. Gourmet Chef's Kitchen With Built-In Appliances, Over-sized Granite Top Island, Custom Built Cabinetry & Spacious Breakfast Area Overlooking Backyard. Upper Floor Includes 4 sSpacious Bedrooms Plus 3 Bathrooms. Professional Interlocking and Beautiful Greenery. Steps From The Prestigious Lake Wilcox And The Channel Gate Parkette. Walk To The New State Of The Art Community Centre. Close to schools, parks, transit, and amenities this is a home that checks all the boxes. Don't miss your chance to make it yours.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,453.32/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,348,000Interest: $887,997
Mortgage Amount$1,348,000
Total Interest$887,997
Est. Property Tax$1,194/mo
Total Cost$2,235,997

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: Richmond Hill

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

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

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.

70
Walk Score
Varies
Price Range

108 Headwater Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,194
Insurance (est.)-$351
Net Cash Flow+$2,005

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 $674/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 30 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

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.

Investment Perspective

Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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