40 Limerick Street, Richmond Hill

Price: $2,568,800

4 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12813202

Premium 60f Greenbelt Walk-out Lot,Peaceful Culde sac ,Stunning Oak Ridges Morraine Views Near beautiful Lake Wilcox, Easy Access to Yonge Str, HWY 404+ Go stations,High Quality Acorn Built over 250k in uprades,Custom Kitchen Cabinets, doors, Display Cabinets +Lighting + Pot lights. You will love the Ceasar stone Backsplash+ Counter, quartzite enlarged Island, soft close Drawers + storage space for all your gadgets. 6 Burner Wolf Gas Range/Ove,B/I Fridge+Dishwasher and Micro/Convection. Take your Morning Coffee on the beautiful enlarged Deck with Glass panels( Gas BBQ-Line) , motorized Awning, beautiful Ravine view, stairs leading to Yard+ Interlock Patio (Gas Line), easy access to Walk-out Basement. Nature views from Family room , floor to ceiling custom Bookshelves + elevated , modern Gas Fireplace makes this room a delight for the whole Family . Remote controlled Blinds main floor, Closet senor Lights+ Potl. add to the special Ambiance at night. Entrance from Garage to Main-floor/Basement. Powder-room is just a step away. Family sized Dining room over looks the Living-room , large Windows offer pleasant views. 8'doors (1+2fl.),10' 1st.fl.+9 cielings 2nd fl. , soft, neutral colored Walls + prefinished, stained 3-1/4 x3/4" Oak Hardwood fl. + Porcelain tiles, will give you a Zen feeling! A tasteful, open riser staircase with glass-railing and runner take you to 2nd floor open concept media area, large Windows offer Greenbelt view + a Skylight . Prime Bedroom has stunning views , hardwood floors, luxury 6pc Ensuite + heated Floors, Glass Shower , Japanese Toilet + stand alone Tub are perfect to begin + end your Day. All closets have custom Organizers, 3 Bedrooms feature quality Berber Carpet , walk in Closets + access to contemporary, upgraded Baths-rooms. 2nd Floor laundry has quality Cabinets+ sink . Walk- out Basement is above Grade has a 4pc Bath + 2 finished open Rooms that add to your living Space. A rough in Kitchen +EV Charger.

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$2,568,800 - 40 Limerick Street, Richmond Hill

Detached for Sale in Richmond Hill

115 days on market
4Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12813202
Property Type
Detached
Status
active
Days on Site
115
Bedrooms
4
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Premium 60f Greenbelt Walk-out Lot,Peaceful Culde sac ,Stunning Oak Ridges Morraine Views Near beautiful Lake Wilcox, Easy Access to Yonge Str, HWY 404+ Go stations,High Quality Acorn Built over 250k in uprades,Custom Kitchen Cabinets, doors, Display Cabinets +Lighting + Pot lights. You will love the Ceasar stone Backsplash+ Counter, quartzite enlarged Island, soft close Drawers + storage space for all your gadgets. 6 Burner Wolf Gas Range/Ove,B/I Fridge+Dishwasher and Micro/Convection. Take your Morning Coffee on the beautiful enlarged Deck with Glass panels( Gas BBQ-Line) , motorized Awning, beautiful Ravine view, stairs leading to Yard+ Interlock Patio (Gas Line), easy access to Walk-out Basement. Nature views from Family room , floor to ceiling custom Bookshelves + elevated , modern Gas Fireplace makes this room a delight for the whole Family . Remote controlled Blinds main floor, Closet senor Lights+ Potl. add to the special Ambiance at night. Entrance from Garage to Main-floor/Basement. Powder-room is just a step away. Family sized Dining room over looks the Living-room , large Windows offer pleasant views. 8'doors (1+2fl.),10' 1st.fl.+9 cielings 2nd fl. , soft, neutral colored Walls + prefinished, stained 3-1/4 x3/4" Oak Hardwood fl. + Porcelain tiles, will give you a Zen feeling! A tasteful, open riser staircase with glass-railing and runner take you to 2nd floor open concept media area, large Windows offer Greenbelt view + a Skylight . Prime Bedroom has stunning views , hardwood floors, luxury 6pc Ensuite + heated Floors, Glass Shower , Japanese Toilet + stand alone Tub are perfect to begin + end your Day. All closets have custom Organizers, 3 Bedrooms feature quality Berber Carpet , walk in Closets + access to contemporary, upgraded Baths-rooms. 2nd Floor laundry has quality Cabinets+ sink . Walk- out Basement is above Grade has a 4pc Bath + 2 finished open Rooms that add to your living Space. A rough in Kitchen +EV Charger.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,362.67/mo

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5-yr fixed avg.

Principal: $2,055,040Interest: $1,353,761
Mortgage Amount$2,055,040
Total Interest$1,353,761
Est. Property Tax$1,820/mo
Total Cost$3,408,801

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

40 Limerick Street, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,820
Insurance (est.)-$535
Net Cash Flow+$1,695

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 $734/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 115 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 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.

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 5 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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    40 Limerick Street, Richmond Hill | $2,568,800 | Battaglia Team