111 Theobalds Circle, Richmond Hill

Price: $1,699,999

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N12886762

Welcome To Mill Ponds! Entire House Over 3000Sqft For Rent, Including In-Ground Kidney Shaped Pool W/Bbq Area. Quiet Crescent , Elegant 9' Ceilings, Crown Moldings, 2 Lg. Kitchens, Brkfst Room, Gracious Curving Staircase In 2-Story Foyer, Full Workout Gym, Custom Movie Theatre, Large Closets In Every Bdrm, Main Level Office And Library, Fully Renovated Shared Bathroom, New Paint, New Furnace, New Ac. Steps To Mill Pond Park. Best Location In Richmond Hill To Call Home!!!

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$1,699,999 - 111 Theobalds Circle, Richmond Hill

Detached for Sale in Richmond Hill

93 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N12886762
Property Type
Detached
Status
active
Days on Site
93
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome To Mill Ponds! Entire House Over 3000Sqft For Rent, Including In-Ground Kidney Shaped Pool W/Bbq Area. Quiet Crescent , Elegant 9' Ceilings, Crown Moldings, 2 Lg. Kitchens, Brkfst Room, Gracious Curving Staircase In 2-Story Foyer, Full Workout Gym, Custom Movie Theatre, Large Closets In Every Bdrm, Main Level Office And Library, Fully Renovated Shared Bathroom, New Paint, New Furnace, New Ac. Steps To Mill Pond Park. Best Location In Richmond Hill To Call Home!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,519.67/mo

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5-yr fixed avg.

Principal: $1,359,999Interest: $895,901
Mortgage Amount$1,359,999
Total Interest$895,901
Est. Property Tax$1,204/mo
Total Cost$2,255,900

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

111 Theobalds Circle, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,204
Insurance (est.)-$354
Net Cash Flow+$2,242

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 $567/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 93 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 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.

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 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.

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    111 Theobalds Circle, Richmond Hill | $1,699,999 | Battaglia Team