$1,888,000 - 44 Gatcombe Circle, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 3 days ago- MLS Number
- N13249174
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- Royal LePage Our Neighbourhood Realty
Welcome to this truly one-of-a-kind executive home offering over 4,000 sq. ft. of beautifully finished living space on a prestigious 1/3-acre lot in one of the area's most sought-after neighbourhoods. Designed w/ lrg families & multi-generational living in mind, this impressive residence features 4+3 bed, 6 bath, & exceptional versatility throughout. A grand staircase makes a stunning first impression upon entering. The main floor boasts elegant formal & informal living spaces, includes a dining rm w/ crown moulding, a spacious living rm w/ gas fireplace, & an adjoining family rm, both enhanced w/ pot lights. The chef-inspired kitchen w/ granite countertops, a large centre island, built-in oven and microwave, gas cooktop, pantry, & a bright eat-in area w/ w/o to the patio & backyard.Upstairs, the luxurious primary retreat offers a W/I closet, 5-piece ensuite (as is), & a private w/o balcony overlooking the beautiful fountain & landscaped grounds. 2 additional bed & a 4-piece bath complete the 2nd flr, including an oversized bedroom that could easily be converted back into 2 separate bedrooms, making it an ideal setup for twins or growing families.Adding even more flexibility is the impressive loft suite, w/ a kitchenette, bedroom, & private 3-piece bath-perfect for extended family, guests, a nanny suite, or a private office retreat.The lower level offers incredible income-generating potential w/ both a legal 2-bed apt & an additional retrofitted 1-bedroom suite, each with sep entrances & ensuite laundry facilities. Great tenants are already in place, making this an excellent opportunity for investors or homeowners looking to offset their mortgage.With no carpet throughout, abundant living space, multiple self-contained living areas, & a highly desirable location, this exceptional property is a rare offering that combines luxury, functionality, & investment potential. A must-see for lrg families seeking room to grow while in a prestigious neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$8,351.26/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.
44 Gatcombe Circle, 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 $539/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.
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.
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 6 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.