$3,450,000 - 17 Denham Drive, Richmond Hill
Detached for Sale in Richmond Hill
67 days on market- MLS Number
- N12989286
- Property Type
- Detached
- Status
- active
- Days on Site
- 67
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to 17 Denham Drive situated in the most prestigious and highly sought-after areas of South Richvale in Richmond Hill, offering an exceptional opportunity for discerning buyers and investors alike. Surrounded by $8 Mill - $13 Mill luxurious mansions and grand estate homes, this exclusive address embodies elegance, privacy, and upscale living at its finest. Properties in this enclave are rarely available, making this a truly unique chance to secure a place within an elite and well-established neighbourhood. Positioned on the highly desirable south side of the street, the lot benefits from optimal exposure and an impressive, expansive frontage of 123 Feet that provides the perfect canvas for a future custom-built dream home. The generous proportions of the property allows for endless architectural possibilities, ensuring that any new residence will stand out while harmonizing with the surrounding luxury homes. Owning a property on Denham Drive is more than just a real estate purchase-it is a statement of prestige and long-term vision. This address carries a reputation for exclusivity and refinement, placing its owners among an elite class of homeowners. Whether you are looking to build a stunning custom residence or invest in a property with strong appreciation potential, this location promises an outstanding future and enduring value. Enjoy the walking distance to top rated schools, beautiful parks, golf courses and fine dining.
Estimate your monthly payments for this property
Estimated Payment
$15,260.51/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.
17 Denham Drive, Richmond Hill
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Rental income estimator & ROI calculator
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
Premium Pricing
At $3136/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 67 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.
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.
Bathroom Count Matters
With 3 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.
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 $14,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.