80 Elm Grove Avenue, Richmond Hill

Price: $2,800,000

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13025484

Welcome to this stunning custom-built 4-bedroom home in the highly sought-after Oak Ridges community, thoughtfully designed with elevated finishes and exceptional attention to detail throughout. The main floor boasts impressive 10 feet ceilings, creating a bright and airy atmosphere, complemented by rich hardwood flooring and built-in speakers for seamless entertaining. The chef's kitchen is equipped with a built-in oven and microwave, oversized fridge, and a functional servery complete with a sink and wine fridge-perfect for hosting. Upstairs, enjoy 9 foot ceilings and a well-designed layout featuring a spacious primary suite with his and hers closets and a luxurious 6-piece ensuite. A convenient second-floor laundry room with sink adds everyday practicality. Step outside to a fully fenced, spacious backyard with a shed and a beautifully screened-in patio-ideal for relaxing or entertaining. Additional highlights include two gas fireplaces, blinds throughout, and a distinctive copper roof that adds timeless curb appeal. A rare opportunity to own a thoughtfully designed home in one of Oak Ridges most desirable neighbourhoods.

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$2,800,000 - 80 Elm Grove Avenue, Richmond Hill

Detached for Sale in Richmond Hill

59 days on market
4Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13025484
Property Type
Detached
Status
active
Days on Site
59
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Welcome to this stunning custom-built 4-bedroom home in the highly sought-after Oak Ridges community, thoughtfully designed with elevated finishes and exceptional attention to detail throughout. The main floor boasts impressive 10 feet ceilings, creating a bright and airy atmosphere, complemented by rich hardwood flooring and built-in speakers for seamless entertaining. The chef's kitchen is equipped with a built-in oven and microwave, oversized fridge, and a functional servery complete with a sink and wine fridge-perfect for hosting. Upstairs, enjoy 9 foot ceilings and a well-designed layout featuring a spacious primary suite with his and hers closets and a luxurious 6-piece ensuite. A convenient second-floor laundry room with sink adds everyday practicality. Step outside to a fully fenced, spacious backyard with a shed and a beautifully screened-in patio-ideal for relaxing or entertaining. Additional highlights include two gas fireplaces, blinds throughout, and a distinctive copper roof that adds timeless curb appeal. A rare opportunity to own a thoughtfully designed home in one of Oak Ridges most desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,385.34/mo

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5-yr fixed avg.

Principal: $2,240,000Interest: $1,475,603
Mortgage Amount$2,240,000
Total Interest$1,475,603
Est. Property Tax$1,983/mo
Total Cost$3,715,603

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

80 Elm Grove Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,983
Insurance (est.)-$583
Net Cash Flow+$1,484

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

Competitive Pricing

At $800/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 59 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.

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 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.

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    80 Elm Grove Avenue, Richmond Hill | $2,800,000 | Battaglia Team