$7,200/mo - 75 Douglas Road, Richmond Hill
New Construction for Rent in Richmond Hill
140 days on market- MLS Number
- N12631602
- Property Type
- New Construction
- Status
- active
- Days on Site
- 140
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- BAY STREET GROUP INC.
Luxurious Detached Home for Lease Offering Over 6,500 Sq. Ft. of Spacious Living.This Impressive Residence Features 4+1 Bedrooms and 5 Bathrooms, Ideal for Large or Multi-Generational Families. Tandem 3-Car Garage with Driveway Parking for Up to 6 Vehicles.The Well-Appointed Interior Showcases Built-In High-End Miele Appliances, Along with a Functional Pantry and Servery, Providing Both Style and Everyday Convenience. Elegant Coffee and Waffle Ceilings, Smooth Ceilings on All Levels, and a Covered Loggia Offer Comfortable Indoor and Outdoor Living Spaces.Enjoy 10' Ceilings on the Main Level and in the Primary Bedroom, Creating an Open and Airy Atmosphere. The Primary Suite Includes a Private Dressing Room with Custom Organizers.Iron Picket Details Enhance Curb Appeal. Conveniently Located Close to Shopping, Schools, Parks, and All Essential Amenities, Making This an Excellent Opportunity for Quality Long-Term Tenancy.
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.
75 Douglas Road, Richmond Hill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $7,200/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Richmond Hill. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 140 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.
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 5 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.