$1,448,000 - 117 Maroon Drive, Richmond Hill
Detached for Sale in Richmond Hill
82 days on market- MLS Number
- N12928050
- Property Type
- Detached
- Status
- active
- Days on Site
- 82
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Welcome to this beautifully appointed, 4+1 bedroom residence where refined living meets exceptional, family oriented, Oak ridges Lake Wilcox community. Thoughtfully designed with over 2700 sq feet above grade with a professionally finished basement, 9 ft ceiling and hardwood flooring on the main floor, a flowing open-concept layout, this home offers spacious principal rooms ideal for both everyday comfort and elegant entertaining. The gourmet kitchen is the heart of the home, featuring quartz countertops, stainless steel appliances, a generous breakfast area, and a walk-out to an inviting sundeck that overlooks a private backyard oasis, perfect for summer gatherings or quiet relaxation. The main level is anchored by a warm and welcoming family room with a gas fireplace, complemented by expansive living and dining areas filled with natural light (facing south). Upstairs, four spacious bedrooms provide comfort and versatility for growing families, including a serene primary retreat with a walk-in closet and a well-appointed 4-piece ensuite. Added conveniences include second-floor laundry and a bedroom with a charming walk-out to a terrace. The finished basement extends the living space with an additional gas fireplace and 3-piece bath, ideal for recreation, guests, or a home office. With excellent curb appeal and move-in-ready condition, this home is perfectly situated near top-ranked public school (Bond Lake PS), Lake Wilcox, and the Oak Ridges Moraine, offering a lifestyle enriched by nature, community, and everyday convenience.
Estimate your monthly payments for this property
Estimated Payment
$6,404.99/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.
117 Maroon Drive, 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 $579/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 82 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.
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.
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 $6,033 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.