$4,298,000 - 6 and 8 Macleod Estate Court, Richmond Hill
Detached for Sale in Richmond Hill
108 days on market- MLS Number
- N12770830
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 6
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 1 sqft
- Listing Brokerage
- KELLER WILLIAMS EMPOWERED REALTY
1.014 acres backing onto Protected Philips Lake, in the center of York Region! Enjoy Muskoka views every day of the week from Richmond Hill! Unmatched 4-season scenic views of the lake. Prefect for multigenerational living with main home and secondary suite w/ elevator! Main home boasts spacious principal rooms flooded w/natural light. Dream kitchen features valence lighting, centre island accented w/pendant lights & room for 4 stools w/soapstone countertops overlooking the family room & sunroom w/ window wall & floor-to-ceiling stone gas fireplace, reclaimed vintage wood mantle & unparalleled lake views. Amazing primary bedroom w/ soaring cathedral ceilings, gas fireplace w/granite surround, spa-like ensuite w/vaulted ceiling, brick feature wall, reclaimed barn beam built vanity & 2 walk-in closets. Primary bedroom laundry area & 2nd floor main laundry rm. Lower level boasts a perfect family recreation room. Observation deck in rear grounds overlooking Phillips Lake. Table space for games on the grounds. Secondary completely self-sustaining suite features 16 ft. ceiling in great room w/amazing western lake views from your balcony, wide-plank flooring, fireplace, dining area, built-in speakers & reclaimed beam wall feature. Kitchen features primary bedroom with soaring ceilings, Romeo & Juliet balcony, 6-pc ensuite w/double sink, stone countertop featuring one wheelchair accessible sink & zero-barrier access to shower, Heated 6-car garage between main and secondary homes w/ elevator access to secondary suite. Breathtaking 364 sq. ft. greenhouse serves to satisfy your green thumb or for hosting garden parties, rain or shine! Walking distance to Yonge Street. Excellent schools and golfing nearby. Just 5 minutes to fine dining & shops offered in Richmond Hill, Aurora.
Estimate your monthly payments for this property
Estimated Payment
$19,011.50/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.
6 and 8 Macleod Estate Court, 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
Fair Market Value
At $860/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 108 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 5,000 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 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 8 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.