3 Ardwold Gate, Richmond Hill

Price: $2,280,000

5 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13207878

* Welcome to the prestigious Bayview Hill community * A Bright & Spacious 4-Bedroom family home with a double car garage, durable Marley roof, and a sunny south-facing backyard & interlocking patio * The main floor features elegant formal living, and dining rooms with a window, an oversized family room complete with a fireplace and bay windows overlooking the beautiful backyard - perfect for entertaining family & friends * The spacious kitchen offers additional pantry cabinetry, open concept, a sun-filled breakfast area with views of the fully fenced backyard * Retreat to the generous primary bedroom featuring an oversized walk-in closet, a luxurious 6-piece ensuite and sitting area * The partially finished basement includes a large bedroom with a 3-piece ensuite and cedar closet, offering excellent space for guests or extended family * Additional upgrades and features include: freshly painted through-out, new heat pump (2023), all newer windows, Bidets in washrooms, cedar closet, new vinyl flooring in basement landing area and bedroom, security alarm system , well-maintained through-out * Ideally located within walking distance to public transit, plaza, restaurants, shops, parks and community centre amenities * Situated near top-ranking schools including Bayview Hill Elementary School and Bayview Secondary School, with convenient access to Highways 404 & 407 *

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$2,280,000 - 3 Ardwold Gate, Richmond Hill

Detached for Sale in Richmond Hill

5Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13207878
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
5
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
TRADEWORLD REALTY INC
Description

* Welcome to the prestigious Bayview Hill community * A Bright & Spacious 4-Bedroom family home with a double car garage, durable Marley roof, and a sunny south-facing backyard & interlocking patio * The main floor features elegant formal living, and dining rooms with a window, an oversized family room complete with a fireplace and bay windows overlooking the beautiful backyard - perfect for entertaining family & friends * The spacious kitchen offers additional pantry cabinetry, open concept, a sun-filled breakfast area with views of the fully fenced backyard * Retreat to the generous primary bedroom featuring an oversized walk-in closet, a luxurious 6-piece ensuite and sitting area * The partially finished basement includes a large bedroom with a 3-piece ensuite and cedar closet, offering excellent space for guests or extended family * Additional upgrades and features include: freshly painted through-out, new heat pump (2023), all newer windows, Bidets in washrooms, cedar closet, new vinyl flooring in basement landing area and bedroom, security alarm system , well-maintained through-out * Ideally located within walking distance to public transit, plaza, restaurants, shops, parks and community centre amenities * Situated near top-ranking schools including Bayview Hill Elementary School and Bayview Secondary School, with convenient access to Highways 404 & 407 *

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,085.21/mo

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5-yr fixed avg.

Principal: $1,824,000Interest: $1,201,563
Mortgage Amount$1,824,000
Total Interest$1,201,563
Est. Property Tax$1,615/mo
Total Cost$3,025,563

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

3 Ardwold Gate, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,615
Insurance (est.)-$475
Net Cash Flow+$2,360

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

Competitive Pricing

At $651/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 21 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.

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    3 Ardwold Gate, Richmond Hill | $2,280,000 | Battaglia Team