217 Garden Avenue, Richmond Hill

Price: $5,888,000

9 bedrooms, 9 bathrooms

5,000+ sqft

Property Type: New Construction

MLS#: N13428594

Rarely Offered Custom-Built Estate Backing Onto Ravine, Lush Green Space And Golf Course Beyond, Offering Spectacular Four-Season Views And Exceptional Privacy Boasting 9 Bedrooms And 9 Bathrooms, This Extraordinary Home Features Multiple Private Living Spaces Across Four Levels, Offering Exceptional Flexibility For Large Or Multi-Generational Families.. Nestled On A Quiet Cul-De-Sac In Prestigious South Richvale, One Of Richmond Hill's Most Coveted Luxury Communities, This One-Of-A-Kind Residence Offers Approximately 10,000 Sq. Ft. Of Exquisite Living Space Across Four Levels And Accommodates Up To 11 Vehicles With A Circular Driveway For 8 Cars Plus A Three-Car Garage. Offering Exceptional Flexibility For Large Or Multi-Generational Families. Every Level Enjoys Stunning Unobstructed Ravine Views And Walk-Out Access To Decks Or Terraces, Creating A Seamless Indoor-Outdoor Lifestyle. Double Height Foyer, High Ceilings Throughout Enhance The Spaciousness And Elegance Found On Every Floor. A Spectacular Oversized Skylight At The Heart Of The Home Floods The Interior With Natural Light, Accentuating The Residence's Distinctive Architecture And Timeless Character. Rich In Authenticity And Unlike Anything Commonly Found In Today's Market, This Custom-Built Residence Offers A Truly Irreplaceable Living Experience. Designed For Both Refined Everyday Living And Grand Entertaining, The Home Features 3 Kitchens, 3 Fireplaces, 2 Bars, A Billiard Room, Sauna, Jacuzzi, And Multiple Expansive Gathering Areas. Surrounded By Mature Trees And Scenic Natural Beauty, Residents Enjoy Unparalleled Tranquility, Privacy, And Breathtaking Views In Every Season. Located In An Exclusive Enclave With Limited Neighbours And Minimal Traffic, This Exceptional Property Offers A Safe And Peaceful Setting Ideal For Families. A Rare Opportunity To Own A Landmark Residence With Remarkable Character, Endless Views, And An Unmatched Lifestyle In The Heart Of South Richvale.

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New Listing
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$5,888,000 - 217 Garden Avenue, Richmond Hill

New Construction for Sale in Richmond Hill

New — Listed 3 days ago
9Beds
9Baths
5,000+Sq Ft
New Construction
Property Details
MLS Number
N13428594
Property Type
New Construction
Status
active
Days on Site
3
Bedrooms
9
Bathrooms
9
Square Feet
5,000+ sqft
Neighbourhood
Richmond Hill
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Rarely Offered Custom-Built Estate Backing Onto Ravine, Lush Green Space And Golf Course Beyond, Offering Spectacular Four-Season Views And Exceptional Privacy Boasting 9 Bedrooms And 9 Bathrooms, This Extraordinary Home Features Multiple Private Living Spaces Across Four Levels, Offering Exceptional Flexibility For Large Or Multi-Generational Families.. Nestled On A Quiet Cul-De-Sac In Prestigious South Richvale, One Of Richmond Hill's Most Coveted Luxury Communities, This One-Of-A-Kind Residence Offers Approximately 10,000 Sq. Ft. Of Exquisite Living Space Across Four Levels And Accommodates Up To 11 Vehicles With A Circular Driveway For 8 Cars Plus A Three-Car Garage. Offering Exceptional Flexibility For Large Or Multi-Generational Families. Every Level Enjoys Stunning Unobstructed Ravine Views And Walk-Out Access To Decks Or Terraces, Creating A Seamless Indoor-Outdoor Lifestyle. Double Height Foyer, High Ceilings Throughout Enhance The Spaciousness And Elegance Found On Every Floor. A Spectacular Oversized Skylight At The Heart Of The Home Floods The Interior With Natural Light, Accentuating The Residence's Distinctive Architecture And Timeless Character. Rich In Authenticity And Unlike Anything Commonly Found In Today's Market, This Custom-Built Residence Offers A Truly Irreplaceable Living Experience. Designed For Both Refined Everyday Living And Grand Entertaining, The Home Features 3 Kitchens, 3 Fireplaces, 2 Bars, A Billiard Room, Sauna, Jacuzzi, And Multiple Expansive Gathering Areas. Surrounded By Mature Trees And Scenic Natural Beauty, Residents Enjoy Unparalleled Tranquility, Privacy, And Breathtaking Views In Every Season. Located In An Exclusive Enclave With Limited Neighbours And Minimal Traffic, This Exceptional Property Offers A Safe And Peaceful Setting Ideal For Families. A Rare Opportunity To Own A Landmark Residence With Remarkable Character, Endless Views, And An Unmatched Lifestyle In The Heart Of South Richvale.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$26,044.61/mo

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5-yr fixed avg.

Principal: $4,710,400Interest: $3,102,983
Mortgage Amount$4,710,400
Total Interest$3,102,983
Est. Property Tax$4,171/mo
Total Cost$7,813,383

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

217 Garden Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,800/mo
Range: $5,780 - $7,820
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,800
Maintenance Fees-$0
Property Tax (est.)-$4,171
Insurance (est.)-$1,227
Net Cash Flow+$1,402

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

Premium Pricing

At $1178/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Larger Home Realities

At 5,000 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 9 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 9 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 $24,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    217 Garden Avenue, Richmond H… — $5,888,000 | Battaglia Team