$4,600/mo - 15 Monticola Avenue, Richmond Hill
Detached for Rent in Richmond Hill
83 days on market- MLS Number
- N12932392
- Property Type
- Detached
- Status
- active
- Days on Site
- 83
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- EXP REALTY
Discover luxury living in this brand-new detached home in the prestigious Legacy Hill community built by Green Park. Offering 3,197 sq ft above grade (per builder) on a premium lot (48.72 Ft Wide at Rear). This thoughtfully designed residence has never been lived in and comes with $$$ spent on upgrades. The main level boasts soaring 10 ft smooth ceilings, upgraded hardwood flooring, a bright open-concept layout with a welcoming living and dining area, a spacious family room with a modern gas fireplace, a convenient main-floor office, and a functional mudroom with a walk-in closet for added storage and organization. The gourmet kitchen is the heart of the home, finished with quartz countertops, extended cabinetry, a large center island, and a breakfast area with walk-out to the backyard. The basement features upgraded oversized windows that bring in natural light. Upstairs, 9 ft smooth ceilings enhance the sense of space and light. Four generously sized bedrooms each feature walk-in closets and private ensuites with upgraded glass showers, while the primary retreat offers a spa-inspired 5-piece ensuite with a freestanding tub, an enlarged upgraded shower, and a double vanity. A versatile flex room on the second floor provides endless possibilities, whether used as a den, sitting room, playroom, or converted into a 5th bdrm, while a second-floor laundry room adds convenience. Situated in one of Richmond Hills most desirable locations, this home falls within the highly rated school catchments of Bayview Hill Elementary, Bayview Secondary (IB Program), and Christ the King ES (French Immersion), providing excellent educational opportunities. With close proximity to shopping, dining, parks, and major highways, this move-in ready residence perfectly blends modern elegance, functionality, and value-an ideal choice for families seeking a stylish new home in a top-tier location.
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.
15 Monticola Avenue, Richmond Hill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $4,600/mo, this is in line with typical 4-bedroom rents in Richmond Hill (~$4,200/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Negotiation Opportunity
At 83 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.
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 5 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.