$1,968,000 - 203 Valleymede Drive, Richmond Hill
Detached for Sale in Richmond Hill
112 days on market- MLS Number
- N12821986
- Property Type
- Detached
- Status
- active
- Days on Site
- 112
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- REAL ONE REALTY INC.
Welcome to this stunning, sun-filled detached home in the prestigious, quiet, and family-oriented Doncrest community, situated within top-ranked school zones. Offering an impressive 3,509 sq.ft. on the main and second floors plus 1,717 sq.ft. finished basement (as per MPAC), this beautifully maintained residence features 5 spacious bedrooms, 5 washrooms, and a double-car garage, thoughtfully designed for comfortable family living.A bright skylight fills the home with natural light, enhancing the airy and open atmosphere throughout. Every bedroom is generously sized, providing comfort and flexibility for growing families, while abundant storage space ensures excellent functionality and organization.The basement with a separate entrance includes a full kitchen, two bedrooms, one washroom, and a large recreational room - ideal for extended family living or generating rental income.Enjoy exceptional backyard privacy with no rear neighbour windows facing the property, creating a peaceful outdoor retreat. Surrounded by luxury homes and just steps to a convenient plaza, as well as David Hamilton Park and Ed Sackfield Arena, this home offers an outstanding lifestyle location.Within walking distance to Christ The King CES, Adrienne Clarkson PS (French Immersion), and Doncrest Public School, with direct bus access to St. Robert Catholic High School (IB Program). Conveniently close to shopping, dining, Hwy 7, 16th Ave, and quick access to Highways 404 & 407.Move-in ready with the opportunity to personalize to your taste, this exceptional property delivers space, privacy, income potential, top-tier schools, and superb convenience - a rare find in a premier Richmond Hill neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$8,705.13/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.
203 Valleymede Drive, 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
Competitive Pricing
At $562/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.
Negotiation Opportunity
At 112 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 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 5 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.