15 Aida Place, Richmond Hill

Price: $1,890,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13100480

Welcome to King East Estates! Nestled on the edge of the Oak Ridges Moraine, 15 Aida is part of an exclusive community surrounded by lush parks, woodlands, and golf courses, while offering seamless connectivity. This newly built 4-bedroom, 4-bathroom detached home in the heart of Richmond Hill boasts a refined living space with premium upgrades and custom features throughout. Highlights include 10 ft ceilings on the main floor (with a coffered ceiling in the spacious family room), 9 ft ceilings on the second floor and basement, elegant hardwood flooring, and a Smart Water Security system in the basement. The expanded modern kitchen showcases upgraded cabinetry, a 58-inch fridge, 36-inch stove, and central island. The primary suite offers a spa-inspired ensuite with freestanding tub. Exterior features include a double-car garage with custom pot lights for added curb appeal and security. The parking floor also features an upgraded epoxy finish, offering a sleek, polished look and adding to the overall appeal of this fantastic home. Conveniently located near major highways, GO Transit, YRT, and Viva, this home provides easy commuting while keeping nature at your doorstep. Tarion warranty included for peace of mind. Taxes have been assessed. Title in hand, ready for its new owner!

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$1,890,000 - 15 Aida Place, Richmond Hill

Detached for Sale in Richmond Hill

41 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13100480
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to King East Estates! Nestled on the edge of the Oak Ridges Moraine, 15 Aida is part of an exclusive community surrounded by lush parks, woodlands, and golf courses, while offering seamless connectivity. This newly built 4-bedroom, 4-bathroom detached home in the heart of Richmond Hill boasts a refined living space with premium upgrades and custom features throughout. Highlights include 10 ft ceilings on the main floor (with a coffered ceiling in the spacious family room), 9 ft ceilings on the second floor and basement, elegant hardwood flooring, and a Smart Water Security system in the basement. The expanded modern kitchen showcases upgraded cabinetry, a 58-inch fridge, 36-inch stove, and central island. The primary suite offers a spa-inspired ensuite with freestanding tub. Exterior features include a double-car garage with custom pot lights for added curb appeal and security. The parking floor also features an upgraded epoxy finish, offering a sleek, polished look and adding to the overall appeal of this fantastic home. Conveniently located near major highways, GO Transit, YRT, and Viva, this home provides easy commuting while keeping nature at your doorstep. Tarion warranty included for peace of mind. Taxes have been assessed. Title in hand, ready for its new owner!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,360.11/mo

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5-yr fixed avg.

Principal: $1,512,000Interest: $996,032
Mortgage Amount$1,512,000
Total Interest$996,032
Est. Property Tax$1,339/mo
Total Cost$2,508,032

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

15 Aida Place, 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)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,339
Insurance (est.)-$394
Net Cash Flow+$2,067

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 $630/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 41 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 3,000 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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    15 Aida Place, Richmond Hill | $1,890,000 | Battaglia Team