$3,398,800 - 19 Addison Street, Richmond Hill
Detached for Sale in Richmond Hill
35 days on market- MLS Number
- N13106768
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 7
- Bathrooms
- 8
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Welcome To This Exceptional Custom-Built Residence Located In Prestigious North Richvale, In The Heart Of Yonge & 16th. Situated On A Premium Quiet Corner Lot, This Impressive Home Offers Approximately 8,000 Sq.Ft. Of Luxury Living Space With Exceptional Design, Functionality, And Multi-Generational Living Potential. Featuring A Rare 3-Car Garage, Circular Driveway, And Parking For Up To 12 Vehicles. Grand Double-Door Entry Leads To A Soaring Open-To-Above Foyer Filled With Natural Light. Elegant Formal Dining Room, Main Floor Library/Office Overlooking Front Garden, And Spectacular South-Facing Family Room With Approx. 20-Ft Ceiling And Floor-To-Ceiling Windows Overlooking Backyard. Gourmet Double Kitchen Design Perfect For Everyday Living And Entertaining. Breakfast Area Walk-Out To Large Deck And Private Backyard. Rare Main Floor Primary Suite Ideal For Multi-Generational Families Or Elderly Living. Elevator Rough-In Already In Place Providing Future 3-Level Accessibility. Second Floor Features Spacious Bedroom Suites, All With Private Ensuites And Generous Layouts Capable Of Accommodating King-Size Furnishings Plus Sitting/Study Areas. Luxurious Primary Retreat Includes Separate Lounge/Office Area. Large Second-Floor Laundry Room With Window And Custom Cabinetry. Bright Walk-Out Basement Offers Incredible Extended Living Space Featuring Separate Suite, Gym Area, And Large Recreation/Entertainment Space With Direct Backyard Access. Prime Location Steps To Yonge St, T&T Supermarket, H Mart, Parks, Trails, Community Centre, Library, Hillcrest Mall, Top-Ranked Schools, IB And Arts Programs, Transit And More. Exceptional Opportunity To Own A Thoughtfully Designed Luxury Home In One Of Richmond Hill's Most Desirable Communities.
Estimate your monthly payments for this property
Estimated Payment
$15,034.04/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.
19 Addison Street, 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 $971/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 35 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.
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 7 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 8 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.