$3,288,000 - 176 Rumble Avenue, Richmond Hill
Detached for Sale in Richmond Hill
52 days on market- MLS Number
- N13049266
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to 176 Rumble Avenue, Mill Pond, Richmond Hill. Experience refined luxury living in one of Richmond Hill's most prestigious communities, just a 3 minute drive to Mackenzie Health Richmond Hill Hospital. This exceptional custom-built residence offers over 5,000 sq. ft. of meticulously designed living space, featuring 4+3 spacious bedrooms and 2 full kitchens, including a professionally finished basement with a separate entrance - ideal for extended family living or excellent rental income potential. Step into a grand foyer highlighted by a breathtaking 21-foot ceiling, setting the tone for the elegance throughout. The main level showcases 11-foot ceilings, flowing seamlessly across a beautifully designed open-concept layout with premium engineered hardwood flooring. The second floor continues with 9-foot ceilings, while the fully finished basement boasts impressive 10-foot ceilings. Designed with both luxury and comfort in mind, this home features: Two Skylights filling the home with natural light, Built-In Sound System for elevated living and entertaining, Resilient Channel Construction with upgraded insulation for enhanced soundproofing, Fire-Rated Drywall throughout the basement for added safety and peace of mind, Heated Floors in the basement and all bathrooms for ultimate comfort, High-End Finishes and thoughtful craftsmanship throughout, Located in the highly sought-after Mill Pond Neighbourhood, this home combines elegance, functionality, and convenience - perfect for families and investors alike.
Estimate your monthly payments for this property
Estimated Payment
$14,543.93/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.
176 Rumble Avenue, 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
Fair Market Value
At $939/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.
Negotiation Opportunity
At 52 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 3,500 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 6 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.