18 Harrowsmith Place, Richmond Hill

Price: $1,999,995

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13183942

Welcome to this exquisite designer home located in one of Upper Richmond Hill's most prestigious and sought-after communities. This breathtaking property sits on an impressive almost 70 x 140 ft lot, showcasing professional landscaping and exceptional curb appeal. Step into your private outdoor oasis featuring a west-facing backyard, an inviting inground saltwater pool, a covered entertaining patio, and elegant stamped concrete walkways-all illuminated by tasteful soffit pot lights that enhance its evening charm. Inside, discover a beautifully crafted open-concept layout that blends luxury with comfort. Designed with attention to every detail, this home offers sophisticated finishes and countless upgrades throughout-truly a rare offering not to be missed.

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$1,999,995 - 18 Harrowsmith Place, Richmond Hill

Detached for Sale in Richmond Hill

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13183942
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Welcome to this exquisite designer home located in one of Upper Richmond Hill's most prestigious and sought-after communities. This breathtaking property sits on an impressive almost 70 x 140 ft lot, showcasing professional landscaping and exceptional curb appeal. Step into your private outdoor oasis featuring a west-facing backyard, an inviting inground saltwater pool, a covered entertaining patio, and elegant stamped concrete walkways-all illuminated by tasteful soffit pot lights that enhance its evening charm. Inside, discover a beautifully crafted open-concept layout that blends luxury with comfort. Designed with attention to every detail, this home offers sophisticated finishes and countless upgrades throughout-truly a rare offering not to be missed.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.65/mo

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5-yr fixed avg.

Principal: $1,599,996Interest: $1,054,000
Mortgage Amount$1,599,996
Total Interest$1,054,000
Est. Property Tax$1,417/mo
Total Cost$2,653,996

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

18 Harrowsmith Place, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$2,116

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 $800/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 23 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.

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 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.

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 $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    18 Harrowsmith Place, Richmond Hill | $1,999,995 | Battaglia Team