$1,249,000 - 168 Springhead Gardens, Richmond Hill
Detached for Sale in Richmond Hill
44 days on market- MLS Number
- N13088376
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RIGHT AT HOME REALTY
Affordable Luxury Living in North Richvale: A dramatic Starlight Galaxy granite foyer introduces this meticulously renovated raised bungalow for buyerswho value design, precision and enduring quality. Custom staircases create architectural flow. Chef's kitchen features granite counters/floors, maple cabinetry and new stove with air fry/air bake, opening to formal dining beneath a crystal chandelier. Sun-filled living room offers refined comfort. Main level offers 3 spacious bedrooms and spa-inspired 5-pc bath with matched Starlight Galaxy granite, porcelain and Jacuzzi tub. Kitchen has direct access to a private backyard for seamless indoor-outdoor living. Engineered hardwood (selected for the Princess Margaret Lottery Home), Benjamin Moore finishes and R60+insulation add quality and efficiency. Wood-paneled lower level currently features a home theatre 7.1 surround, executive office or 4th bedroom, 2nd bathroom and direct garage access for safety and convenience. Bell Pure Fibre Optics adds modern connectivity. Customized double garage with Automotive/Movie Artwork, overhead lighting and sound system fits 2 large luxury SUVs plus 4 cars on driveway; ideal as workshop, art studio or collector's showcase. Separate garage entrance offers basement income potential. Estate-calibre exterior and in-drive lighting create striking night presence. Private rear garden beneath mature trees offers rare privacy, comfortably seating 16 guests in a secluded outdoor oasis. Steps to Hillcrest Mall, top schools, parks, hospital, transit, grocery options and upcoming subway enhance future value. Extras: Built-in dishwasher, fridge, washer/dryer, custom window coverings, designer lighting, 9remote sconces, electronic air cleaner, electric fireplace, insulated shed with hydro and added utility.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/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.
168 Springhead Gardens, 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 $1135/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 44 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.