Lot 84 Big Willow Crescent, Richmond Hill

Price: $1,990,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12821158

Welcome to the impressive Legacy 8 (Elevation 3) by Starlane, offering approximately 3,862 sq.ft. of beautifully designed living space in one of Richmond Hill's most desirable communities. Rarely found house located on a quiet street and south facing backyard, backing onto a quiet park. This elegant detached home features a functional and spacious main level with separate living and dining rooms, a private library ideal for a home office, and a generous family room perfect for gatherings. The well-appointed kitchen includes a large breakfast area and overlooks the backyard, creating a bright and welcoming everyday living space.The upper level offers 4 generously sized bedrooms, including a luxurious primary retreat complete with a spacious walk-in closet and a spa-inspired ensuite. Additional bedrooms are thoughtfully laid out with convenient access to full bathrooms, providing comfort and privacy for the entire family. An upper-level laundry room adds everyday practicality.The expansive lower level offers outstanding potential for future customization, with walk-out basement availability on select lots. With its timeless elevation, thoughtfully designed floor plan, and exceptional square footage, this home delivers refined family living in a prime Richmond Hill location close to parks, top-rated schools, shopping, and major transportation routes.

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Lot 84 Big Willow Crescent - Detached photo 2 of 4 in Richmond Hill, Ontario
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$1,990,000 - Lot 84 Big Willow Crescent, Richmond Hill

Detached for Sale in Richmond Hill

113 days on market
5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12821158
Property Type
Detached
Status
active
Days on Site
113
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
CENTURY 21 THE ONE REALTY
Description

Welcome to the impressive Legacy 8 (Elevation 3) by Starlane, offering approximately 3,862 sq.ft. of beautifully designed living space in one of Richmond Hill's most desirable communities. Rarely found house located on a quiet street and south facing backyard, backing onto a quiet park. This elegant detached home features a functional and spacious main level with separate living and dining rooms, a private library ideal for a home office, and a generous family room perfect for gatherings. The well-appointed kitchen includes a large breakfast area and overlooks the backyard, creating a bright and welcoming everyday living space.The upper level offers 4 generously sized bedrooms, including a luxurious primary retreat complete with a spacious walk-in closet and a spa-inspired ensuite. Additional bedrooms are thoughtfully laid out with convenient access to full bathrooms, providing comfort and privacy for the entire family. An upper-level laundry room adds everyday practicality.The expansive lower level offers outstanding potential for future customization, with walk-out basement availability on select lots. With its timeless elevation, thoughtfully designed floor plan, and exceptional square footage, this home delivers refined family living in a prime Richmond Hill location close to parks, top-rated schools, shopping, and major transportation routes.

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Estimated Payment

$8,802.44/mo

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5-yr fixed avg.

Principal: $1,592,000Interest: $1,048,732
Mortgage Amount$1,592,000
Total Interest$1,048,732
Est. Property Tax$1,410/mo
Total Cost$2,640,732

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

Lot 84 Big Willow Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,410
Insurance (est.)-$415
Net Cash Flow+$2,625

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 $569/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 113 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.

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    Lot 84 Big Willow Crescent | $1,990,000 | Battaglia Team