$2,798,000 - 8 Macleod Estate Court, Richmond Hill
Detached for Sale in Richmond Hill
108 days on market- MLS Number
- N12770826
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Richmond Hill
- Lot Size
- 24,036 sqft
- Listing Brokerage
- KELLER WILLIAMS EMPOWERED REALTY
Exceptional living on just over a 1/2 acre lot backing onto Protected Phillips Lake, in the center of York Region! Enjoy Muskoka views every day of the week from Richmond Hill! Gorgeous four-season scenic views of the lake. Enjoy spacious principal rooms with built-in speakers and flooded with natural light. Dream kitchen features valence lighting, centre island accented with pendant lights above and room for 4 stools with soapstone countertops overlooking the family room and sunroom with floor-to-ceiling stone gas fireplace, reclaimed vintage wood mantle and unparalleled lake views. Amazing Primary bedroom features soaring Cathedral ceilings, gas fireplace with granite surround, spa-like ensuite with vaulted ceiling, brick feature wall, reclaimed barn beam built vanity and two walk-in closets. Primary bedroom laundry area and second floor main laundry room. Lower level boasts a recreation room with pool light feature, additional bedroom and bathroom. Observation deck in rear grounds overlooking Phillips Lake. Table space for games on the grounds. Fantastic 3-car heated garage for working on your special horse power projects. Walking distance to Yonge Street. Excellent schools nearby including St. Andrew's College and St. Anne's School, Holy Trinity and Country Day School. Just 5 minutes to fine dining and shops offered in Richmond Hill and Aurora.
Estimate your monthly payments for this property
Estimated Payment
$12,376.50/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.
8 Macleod Estate Court, 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
Fair Market Value
At $933/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 108 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 3,000 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.
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.