$1,300,000 - 73 Kimono Crescent, Richmond Hill
Detached for Sale in Richmond Hill
42 days on market- MLS Number
- N13099286
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- EXP REALTY
Offered For The First Time By Original Owner. This exceptional detached 2-storey residence on a quiet crescent in highly sought-after Rouge Woods offers approximately 3,000 sq ft of total living space, including 2,009 sq ft above grade per MPAC plus a finished basement. Designed with both family living and entertaining in mind, this fabulous 4+2 bedroom, 4 washroom home showcases a functional layout with 9-foot ceilings on the main floor, hardwood flooring throughout the principal rooms, and a welcoming family room highlighted by a gas fireplace. The updated kitchen is both stylish and functional, featuring custom cabinetry and quartz countertops, newer cooking range/oven and microwave, and a bright breakfast area with walk-out to fully fenced private backyard. The upper level offers generously sized bedrooms, including a serene primary retreat with walk-in closet and a beautifully renovated ensuite appointed with quartz countertop, custom cabinetry, floor-to-ceiling porcelain tile, glass-enclosed shower, and a deep soaker tub. The fully finished basement provides incredible additional living space with a spacious recreation area, second kitchen, two additional bedrooms, and a 3-piece bathroom, making it ideal for extended family or multi-generational living, with hardwood flooring throughout. Set in an amenity-rich location close to parks, schools, transit, hospital, and community conveniences, this is a truly special opportunity in one of Richmond Hill's most desirable family neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,750.34/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.
73 Kimono 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 $650/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.
Market Position
At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 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 4 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 $5,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.