64 Kingmount Crescent, Richmond Hill

Price: $2,888,888

5 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12992262

Welcome to 64 Kingmount Cres in prestigious Bayview Hill! Exceptional home with extra-long garage parking for up to 4 cars. Bright main floor with private office, hardwood floors & pot lights. Chef-inspired kitchen with gas stove, large island, coffee/wet bar & sun-filled bay window. Breakfast area with walk-out to deck & backyard overlooking the pool. Spacious family room with gas marble fireplace-perfect for entertaining. Over $200K in luxury upgrades featuring stone paving, a Middle Eastern-inspired seating area, and a tall gazebo offering enhanced privacy overlooking the pool, complemented by ambient lighting for a resort-style summer experience. Walkout Basement ideal for entertaining up to 100 guests with wet bar custom 2 Pc Powder Rm. private ensuite bedroom with walk-in closet-ideal in-law or nanny suite. Upstairs features 4 bedrooms with 9 ft ceilings. Primary BR with second custom walk-in closet 2nd bedroom with walk-in closet & upgraded 3-pc semi-ensuite with hallway access. Steps to top schools (Bayview Hill Elementary with bus pickup & Bayview Secondary), parks, community centre, water park, shopping & minutes to new build hospital.

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64 Kingmount Crescent - Detached photo 2 of 5 in Richmond Hill, Ontario
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$2,888,888 - 64 Kingmount Crescent, Richmond Hill

Detached for Sale in Richmond Hill

66 days on market
5Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12992262
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
5
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Welcome to 64 Kingmount Cres in prestigious Bayview Hill! Exceptional home with extra-long garage parking for up to 4 cars. Bright main floor with private office, hardwood floors & pot lights. Chef-inspired kitchen with gas stove, large island, coffee/wet bar & sun-filled bay window. Breakfast area with walk-out to deck & backyard overlooking the pool. Spacious family room with gas marble fireplace-perfect for entertaining. Over $200K in luxury upgrades featuring stone paving, a Middle Eastern-inspired seating area, and a tall gazebo offering enhanced privacy overlooking the pool, complemented by ambient lighting for a resort-style summer experience. Walkout Basement ideal for entertaining up to 100 guests with wet bar custom 2 Pc Powder Rm. private ensuite bedroom with walk-in closet-ideal in-law or nanny suite. Upstairs features 4 bedrooms with 9 ft ceilings. Primary BR with second custom walk-in closet 2nd bedroom with walk-in closet & upgraded 3-pc semi-ensuite with hallway access. Steps to top schools (Bayview Hill Elementary with bus pickup & Bayview Secondary), parks, community centre, water park, shopping & minutes to new build hospital.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,778.52/mo

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5-yr fixed avg.

Principal: $2,311,110Interest: $1,522,447
Mortgage Amount$2,311,110
Total Interest$1,522,447
Est. Property Tax$2,046/mo
Total Cost$3,833,557

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.

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Neighbourhood Guide: Richmond Hill

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

64 Kingmount Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,046
Insurance (est.)-$602
Net Cash Flow+$1,802

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $825/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 66 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 5 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.

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    64 Kingmount Crescent, Richmond Hill | $2,888,888 | Battaglia Team