$1,490,000 - 64 Mandel Crescent, Richmond Hill
Detached for Sale in Richmond Hill
48 days on market- MLS Number
- N13068770
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX METROPOLIS REALTY
NEW RECENTLY MODIFIED MAIN FLOOR. Welcome to this spacious and beautifully updated family home offering 7 bedrooms and 6 bathrooms - perfect for large or multi-generational families looking for comfort, privacy, and togetherness under one roof. A wonderful highlight of this home is the main-floor in-law suite, thoughtfully designed for independent living. It features a generous bedroom with new hardwood floors, a private ensuite bath, a cozy family room, dining area, full kitchen, laundry, sunroom, and direct access to the garage - ideal for parents, adult children, or guests who want their own space while staying close to family. The main kitchen opens into a bright four-season sunroom, filled with natural light from newly replaced skylights. With a heat pump providing both warmth and cooling, this cheerful space can be enjoyed year-round - a perfect spot for morning coffee or family meals. Step outside to a beautifully landscaped backyard, complete with a peaceful sitting area beneath a charming pergola - a lovely place to relax or host summer gatherings. The basement offers even more possibilities, featuring a second full kitchen, laundry area, and plenty of space for extended family or guests. All bathrooms have been tastefully renovated with luxury finishes, including towel warmers and bidets.**** EXTRAS ****Interlock driveway, central vacuum, new skylights, quartz countertops, two gas stoves, pot filler, new A/C, tankless water heater, two full kitchens, two laundries (main & basement), and pot lights throughout. All renovations completed in 2022. All equipment owned.
Estimate your monthly payments for this property
Estimated Payment
$6,590.77/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.
64 Mandel Crescent, 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 $596/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 48 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.
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.
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 $6,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.