$7,999,000 - 34 Maryvale Crescent, Richmond Hill
Detached for Sale in Richmond Hill
135 days on market- MLS Number
- N12196459
- Property Type
- Detached
- Status
- active
- Days on Site
- 135
- Bedrooms
- 6
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Ravine Ravine Ravine 100 x 380ft Property in South Richvale's Exclusive Enclave, Private Location * Custom Built Residence * Magnificent Ambiance * Designer's Finishings with an eye to detail * Architectural Arched Windows Illuminate the Grandure of this Home * Fully finished top to bottom * Walkouts from Kitchen & Family Room to Terraces overlooking this Spectacular Ravine Lot * Five Parking Garage. Floating staircase leads us to the second level to Primary Suite and Sitting Room with garden views. Four secondary bedrooms all with private ensuites and walk in closets/organisers * Spectacular floorplan with over 13,500 sf (approx) of finished space (incl. lower level). Family or service staircase accesses the recreation room with full walk out to covered terrace and expansive garden to the ravine. Ample space for a billiard table / card table, custom built in bar, media area, cozy fireplace, walk out to garden and covered terraces. Relax in the sauna and hot tub. Includes two bathrooms, 6th bedroom, full 2nd kitchen and dining area.Opportunity to enjoy, entertain and live in this wonderful community with access to shopping, schools and local parks. Minutes to Hwy 407 and 404
Estimate your monthly payments for this property
Estimated Payment
$35,382.28/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.
34 Maryvale Crescent, 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 $1600/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.
Negotiation Opportunity
At 135 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 6 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 8 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.