$3,299,000 - 125 Grey Alder Avenue, Richmond Hill
Detached for Sale in Richmond Hill
42 days on market- MLS Number
- N13094590
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- REAL ONE REALTY INC.
A Truly Stunning, luxurious 3-Car Garage Home In The Prestigious Bayview Hunt Club, Sits On A Premium Lot Backing Onto Beautiful Park On Quiet Cul-De-Sac. Offering An Oversized 4,824 sqft Above Grade Space Plus 2390 sqft Finished Basement. Over $450,000 Spent On Top To Bottom Renovations. The Premium Finishes Throughout With A Particular Focus On Details, Showcasing Exquisite Craftsmanship and Timeless Style. Designer Stone/Stucco Front, Breathtaking 17' Cathedral Ceiling Foyer And Living Room, Grand Crystal Chandelier, Huge Skylight And Curved Stairs Exudes Luxury And Grandeur. Expansive Windows Filling The Home With Abundant Natural Light.9Ft Ceilings On The Main Floor. Pot lights ,Molding Ceiling And Hardwood Floor Throughout. Elegant Porcelain In The Hallway&Kitchen&Breafast. Gourmet Kitchen Overlooks The Park, With Granite Countertop, High-End B/I Appliances, Large Central Island W/A water Basin, Lots Of Custom Cabinetry(Solid Wood Cabinet Doors) . Large Size Breakfast Walk Out To Patio. The Cozy Family Room With Wet Bar, Fireplace And Custom Bookcase. Plus An Office On Main Fr. This Impressive Home Features 5 Generously Sized Bedrooms And 4 Bathrooms On 2nd Floor .The Spacious South-Facing Primary Bdrm With Custom Closet Organizers And Luxury Ensuite( Double Sinks, Smart TOTO Toilet, Freestanding Tub& Shower).Rare 2 Elegant Staircase To The Finished Bsmt With Wet Bar, Central Island, Cedar Storage, Extra 6th Bdrm, Ensuite And Additional Space For Gym And Enertainment. The Private Backyard With A Cedar Pavilion Is Perfect For Gatherings With Guests And Friends.. Prime Location, Super Convenient , Top-Ranked St. Robert Catholic High School Zone. Don't Miss Your Dream Home !
Estimate your monthly payments for this property
Estimated Payment
$14,592.59/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.
125 Grey Alder 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
Fair Market Value
At $943/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 42 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 3,500 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 6 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.