$2,890,000 - 89 Windermere Crescent, Richmond Hill
Detached for Sale in Richmond Hill
63 days on market- MLS Number
- N13010396
- Property Type
- Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- EXP REALTY
Welcome to this exceptional estate residence in the highly sought-after South Richvale community of Richmond Hill. Offering approximately 4,348 sq ft of refined living space, this grand five-bedroom home is surrounded by some of the area's most prestigious properties, known for upscale living, convenience, and strong family appeal. The main floor is designed for both everyday living and elegant entertaining, featuring a welcoming foyer with porcelain flooring, living room with fireplace, formal dining room with detailed mouldings and a bright family room with fireplace and pot lights. The chef-inspired kitchen offers porcelain flooring, stainless steel appliances, gas stove, and ample cabinetry, creating a functional and inviting space for gatherings. A dedicated library with custom built-in bookcases provides the perfect work-from-home or study area. The second floor features five generously sized bedrooms. The oversized primary retreat offers a walk-in closet and a luxurious 6-piece ensuite with glass shower. Additional bedrooms are well-appointed with large windows, hardwood flooring and excellent layout for growing families. The finished basement extends the living space with a well equipped home theatre, recreation area and additional rooms ideal for a gym, guests or entertainment. Convieniently located, this home offers exceptional convenience just minutes to Yonge Street and Highway 7, with easy access to Highway 407 and 404. Walking distance to Langstaff GO Station and Viva transit hub and close to shopping, restaurants, parks and top-ranking schools. A prime location with strong future growth potential in one of Richmond Hill's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$12,783.44/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.
89 Windermere 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
Fair Market Value
At $826/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 63 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.
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.