$3,590,000 - 259 Ruggles Avenue, Richmond Hill
Detached for Sale in Richmond Hill
34 days on market- MLS Number
- N13136696
- Property Type
- Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to 259 Ruggles Ave-a brand new architectural masterpiece, with full TARION warranty. Fall in love with this ultra-modern showstopper in one of Richmond Hill's top neighborhoods! sitting on a premium 60 x 118-foot lot, this home blends cutting-edge engineering with ultra-modern interior design. Spanning 4+1 bedrooms and 7 bathrooms, the open-concept layout is beautifully illuminated by custom designer lighting throughout. Seamlessly move between floors using your private elevator, while the integrated built-in sound system sets the perfect ambiance for daily living or grand entertaining.The main level features a chef's dream kitchen fully loaded with top-of-the-line appliances and premium modern cabinetry. An efficient dual-furnace system ensures perfect climate control year-round. Upstairs, the primary retreat serves as a sanctuary, featuring a stunning water vapor fireplace and a spa-like ensuite with cozy heated floors.The walk-up basement is a world-class entertainment hub boasting radiant heated flooring, a private built-in sauna, and a fully equipped wet bar opening directly to the patio. Complete with an eye-catching SKY ROCK exterior facade .This property is steps from, parks,transit and close to the hospital Absolute modern luxury at its finest!
Estimate your monthly payments for this property
Estimated Payment
$15,879.78/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.
259 Ruggles Avenue, 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 $1026/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 34 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 7 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.