$3,350,000 - 140 Boake Trail, Richmond Hill
Detached for Sale in Richmond Hill
60 days on market- MLS Number
- N13017412
- Property Type
- Detached
- Status
- active
- Days on Site
- 60
- Bedrooms
- 7
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to 140 Boake Trail, a substantial executive residence backing directly onto Artisan Park in Richmond Hill's established Bayview Hill community. With 5+2 bedrooms and 7 bathrooms, the home offers over 5,500 sq.ft. of above-grade living space, thoughtfully designed for large or multi-generational families, with every bedroom enjoying its own private ensuite. The main floor features 10-foot ceilings, a skylight that fills the space with natural light, a dedicated office ideal for working from home, and a dramatic living room highlighted by soaring 20-foot ceilings. Principal rooms extend seamlessly toward the rear of the home, where uninterrupted park views create a rare sense of openness and privacy. The finished lower level adds exceptional versatility with two additional bedrooms, a theatre room, wet bar, generous recreation space, and a walk-out to the backyard deck. A three-car garage and professionally finished interlocking driveway provide parking for up to nine vehicles. Ideally located near parks, transit, community amenities, and within top-ranked school boundaries, this is a well-designed, park-facing home in one of Richmond Hill's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$14,818.18/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.
140 Boake Trail, 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 $670/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 60 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 7 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.