$1,748,000 - 40 Marchwood Crescent, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 2 days ago- MLS Number
- N13234644
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- CENTURY 21 NEW CONCEPT
This home is perfect for a family seeking a resort-life style with the convenience of city living. Located in one of the most sought-after school districts Bayview Secondary, RHMS and TMS, and within walking distance to the GO train Station, Yonge Street, shops, groceries, and newerparks (Palmer Park, Harding Park), it offers both luxury and accessibility. Situated on a stunning Diamond Shaped Premium Lot, this property features a saltwater pool, lush greenery, and an expansive outdoor space designed for both relaxation and entertainment. Inside, enjoy a fully renovated kitchen with high-end appliances and heated floors, The home also includes a newer deck, newer roof, and double-pane insulated windows for improved energy efficiency and acoustic comfort. The long driveway accommodates over 10 vehicles, ideal for hosting friends and family and/or parking a boat or trailer. Step into your own private retreat, host pool parties, play mini soccer on the grass, let the kids climb the boulders, create your own mini golf or driving range, grow your own vegetables and fruits, even build an igloo in winter. The possibilities are endless with this unique property!
Estimate your monthly payments for this property
Estimated Payment
$7,731.99/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.
40 Marchwood 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
Competitive Pricing
At $699/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 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 $7,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.