$1,699,000 - 258 Valleymede Drive, Richmond Hill
Detached for Sale in Richmond Hill
- MLS Number
- N13224952
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to Doncrest, a vibrant, diverse, and family-friendly community in one of Richmond Hill's most desirable neighbourhoods. This spacious family home offers approximately 5,211 sq. ft. of total living space, Well maintained by the owner, this home features a grand open-to-above foyer with soaring ceilings, creating an impressive and welcoming entrance. The main-floor office provides privacy for working from home and offers flexible potential as an in-law suite or guest room. A convenient main-floor laundry room with direct garage access adds everyday functionality. The second floor offers 4 generously sized bedrooms, ideal for growing families. The finished basement includes an additional bedroom, 3-pcs bathroom, a kitchenette, and a large recreation area, perfect for family gatherings, entertaining, a home theatre, gym, or flexible living space. Located within walking distance to public transit, schools, restaurants, banks, and everyday amenities. The area offers quick access to Highways 407, 404, and the Don Valley Parkway, with local bus routes along Bayview Avenue for easy commuting throughout the GTA. Families will appreciate access to excellent nearby schools, including public, Catholic, and private options, with programs such as IB, French Immersion, Montessori, and AP. A floor plan is attached to help illustrate the layout. Serious buyers seeking space, comfort, and a prime Doncrest location are encouraged to book a private appointment to experience this exceptional home firsthand.
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/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.
258 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 $485/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 17 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 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.