37 RAVINE EDGE Drive, Richmond Hill

Price: $1,888,800

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13027842

Welcome to 37 Ravine Edge Drive, a beautifully renovated home in Richmond Hill's prestigious Jefferson Forest community. This property offers exceptional curb appeal with professionally landscaped grounds from front to back, highlighted by a stunning 8-foot high-end front entrance door that sets the tone for the elegance within. Inside, the home has been fully updated with a modern, open layout featuring nine-foot ceilings, pot lights, and crown molding throughout. The main living area is anchored by a custom built-in TV wall unit, creating a sleek focal point for family gatherings. The beautifully updated kitchen is designed for both style and function, with contemporary finishes, elegant backsplash, gorgeous porcelain tile flooring, stainless steel appliances and ample space for entertaining. Every washroom in the home has been fully renovated with spa-inspired details, while the staircase and flooring have also been completely redone to reflect a clean, modern aesthetic.The upper level provides spacious bedrooms and tastefully finished bathrooms, offering comfort-and luxury for the entire family. A fully finished basement featuring a beautiful bathroom with floor to ceiling glass shower, a bar area with built in cabinetry, bar fridge and large center island perfect for entertaining guests, adds valuable living space, ideal for a recreation room, home office, gym, or guest suite.The backyard is a private retreat with professional landscaping, manicured mature trees and-shrubs and maintenance free grass turf in the rear yard that complements the home's interior elegance, creating an inviting space for outdoor entertaining.Perfectly located near top-ranked schools, parks, trails, shopping, and major highways, 37 Ravine Edge Drive is a move-in-ready home that blends modern upgrades with timeless design.

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$1,888,800 - 37 RAVINE EDGE Drive, Richmond Hill

Detached for Sale in Richmond Hill

58 days on market
4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13027842
Property Type
Detached
Status
active
Days on Site
58
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
NEST SEEKERS INTERNATIONAL REAL ESTATE
Description

Welcome to 37 Ravine Edge Drive, a beautifully renovated home in Richmond Hill's prestigious Jefferson Forest community. This property offers exceptional curb appeal with professionally landscaped grounds from front to back, highlighted by a stunning 8-foot high-end front entrance door that sets the tone for the elegance within. Inside, the home has been fully updated with a modern, open layout featuring nine-foot ceilings, pot lights, and crown molding throughout. The main living area is anchored by a custom built-in TV wall unit, creating a sleek focal point for family gatherings. The beautifully updated kitchen is designed for both style and function, with contemporary finishes, elegant backsplash, gorgeous porcelain tile flooring, stainless steel appliances and ample space for entertaining. Every washroom in the home has been fully renovated with spa-inspired details, while the staircase and flooring have also been completely redone to reflect a clean, modern aesthetic.The upper level provides spacious bedrooms and tastefully finished bathrooms, offering comfort-and luxury for the entire family. A fully finished basement featuring a beautiful bathroom with floor to ceiling glass shower, a bar area with built in cabinetry, bar fridge and large center island perfect for entertaining guests, adds valuable living space, ideal for a recreation room, home office, gym, or guest suite.The backyard is a private retreat with professional landscaping, manicured mature trees and-shrubs and maintenance free grass turf in the rear yard that complements the home's interior elegance, creating an inviting space for outdoor entertaining.Perfectly located near top-ranked schools, parks, trails, shopping, and major highways, 37 Ravine Edge Drive is a move-in-ready home that blends modern upgrades with timeless design.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,354.80/mo

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5-yr fixed avg.

Principal: $1,511,040Interest: $995,400
Mortgage Amount$1,511,040
Total Interest$995,400
Est. Property Tax$1,338/mo
Total Cost$2,506,440

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

37 RAVINE EDGE Drive, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,338
Insurance (est.)-$394
Net Cash Flow+$1,818

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 $756/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.

Negotiation Opportunity

At 58 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

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.

Investment Perspective

Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,870 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    37 RAVINE EDGE Drive, Richmond Hill | $1,888,800 | Battaglia Team