$1,898,888 - 60 Gatcombe Circle, Richmond Hill
Detached for Sale in Richmond Hill
58 days on market- MLS Number
- N13024286
- Property Type
- Detached
- Status
- active
- Days on Site
- 58
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
A rare opportunity to own one of the largest two-storey homes (nearly 6,000 sqft. of total living space) in Heritage Estates, Mill Pond-set on a premium pie-shaped lot widening to almost80 ft at the rear on one of the area's most sought-after streets. This impressive residence offers approx. 4,000 sqft. above grade plus a fully finished ~1,900sqft. basement. Featuring 4+2 bedrooms and 6 bathrooms, its floor plan is suited for growing families and refined living. The main floor showcases 9-ft ceilings and a well-designed, functional layout, including a spacious home office and a magnificent Scarlett O'hara staircase. The chef-inspired kitchen is equipped with top-of-the-line stainless steel appliances, with direct access to the deck and seamless flow to the backyard-perfect for everyday living and entertaining. The primary suite is a luxurious retreat, offering generous space, an oversized walk-in closet, and a fully renovated spa-like ensuite with a Bain Ultra bathtub which offers superior comfort and hydro-thermo massage experience, private sauna, double vanity, makeup station, and premium finishes. One secondary bedroom also features its own private ensuite. this house also offers two additional generously sized bedrooms with oversized windows on the second floor. The finished basement adds exceptional flexibility with 2 additional bedrooms (one with heated-floor ensuite, one ideal as a bedroom or gym), a separate entrance, powder room with heated floors, and kitchen rough-ins-ideal for in-law or extended family living. Set on over 7,000 sqft., the south-facing backyard is beautifully landscaped and framed by mature trees, offering outstanding privacy and a serene setting for outdoor enjoyment.
Estimate your monthly payments for this property
Estimated Payment
$8,399.42/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.
60 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 $543/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 58 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.
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 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.