$18,000,000 - 33 Forest Ridge Road, Richmond Hill
Detached for Sale in Richmond Hill
43 days on market- MLS Number
- N13068108
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 7
- Bathrooms
- 10
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Set behind private gates on nearly two secluded acres, The Sovereign Estate at Forest Ridge is one of Richmond Hill's most distinguished private residences. A heated cobblestone circular drive, majestic fountain and limestone façade create an unforgettable arrival, surrounded by mature forest and breathtaking natural privacy.Inside, oversized hand carved doors open to a magnificent reception hall with a soaring domed ceiling and a dramatic custom marble and forged-iron staircase. Grand principal rooms include formal living and dining spaces, a two-storey family room with marble fireplace and walk-out to terrace, a richly appointed library and a professional chef's kitchen with premium appliances and a circular breakfast room wrapped in glass.The upper level offers five luxurious bedroom suites, including a private owner's wing with sitting room, spa-inspired ensuite, couture dressing room and domed ceiling with statement chandelier. A self-contained two-bedroom guest suite with family room, kitchen, bathrooms and private balcony provides exceptional flexibility for extended family, guests or live-in support.Serviced by a private elevator, the lower level is designed for resort-style living and entertaining with a theatre, bar, arcade, wellness spa, fitness centre and spectacular two-storey indoor pool pavilion.Outdoors, landscaped terraces overlook a private backyard oasis with mature woodland, waterfall, covered lounge, children's playhouse and multiple settings for alfresco dining and entertaining. An oversized four-car garage, generous guest parking and proximity to top schools, golf and country clubs, equestrian facilities, boutique shopping and dining complete this rare estate offering.
Estimate your monthly payments for this property
Estimated Payment
$79,620.07/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.
33 Forest Ridge Road, 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
Premium Pricing
At $3600/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.
Market Position
At 43 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 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 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 10 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.