$1,369,000 - 59 Melbourne Drive, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 4 days ago- MLS Number
- N13241982
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- EXP REALTY
Welcome To 59 Melbourne Dr, An Executive, Stunning And Newly Updated 2-Storey Detached Home In The Highly Sought-After Rouge Woods Community Of Richmond Hill, Offering Approx. 2,324 Sq. Ft. Above Grade With Luxurious Finishes Throughout. This Bright And Spacious 4-Bedroom, 3-Bathroom Home Features A Functional Layout, Smooth Ceilings, Pot Lights, Crown Moulding, And A Carpet-Free Interior. Main Floor Features Open Concept Living And Dining Room Plus Gourmet Kitchen Overlooking Family Room With Natural Gas Fireplace And Walkout To Rear Garden Deck - Perfect For Summer Entertaining. The Kitchen Features Brand New 2026 LG Fridge, Brand New 2026 GE Gas Range, LG Dishwasher, Sakura Rangehood, Breakfast Area, And Beautiful Rear Yard Views. Over $50K Spent On 2026 Improvements Including New Hardwood Flooring On Main Floor And Second-Floor Hallway, 9 Ft Ceiling on Main Floor. Renovated Staircase With Wrought Iron Pickets, Updated Primary Ensuite With New Shower And Vanity, Updated Second-Floor Washroom With New Shower Glass And Vanity, Repainted Basement Floor, Plus Exterior Improvements Including Porch, Driveway, Garage Door/Trim. Additional Updates Include A/C 2023 And Shingles 2017. Primary Retreat Of Your Dreams On The 2nd Floor Features Sprawling Walk-In Closet Plus Spa-Like 5-Piece Ensuite And Tranquil Views Of The Backyard. Three Additional Bedrooms Offer Closets And Large Windows. Enjoy A Fully Fenced Backyard With Large Deck, Attached Double Garage, Private Driveway Parking For 5 Cars Total, And An Unfinished Basement Offering Excellent Storage Or Future Custom Recreation Space. Conveniently Located Near Leslie St & Elgin Mills Rd E, Close To Top Schools, Parks, Public Transit, Community Centre, Shopping, And All Amenities.
Estimate your monthly payments for this property
Estimated Payment
$6,055.55/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.
59 Melbourne Drive, 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 $685/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.
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 3 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 $5,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.