448 Fernleigh Circle, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Crosby. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,025,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50 x 110 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in the heart of Richmond Hill's highly coveted Crosby community, this exceptional raised bungalow presents a rare opportunity on a premium 50-ft lot with an impressive frontage, expansive driveway, and outstanding curb appeal. Thoughtfully designed with a bright, open-concept layout, the main level showcases a spacious living area, three generously sized bedrooms, and a large family kitchen overlooking a custom patio and deep, private backyard-perfect for entertaining and everyday enjoyment. The fully finished lower level, complete with a separate entrance, offers remarkable versatility with two spacious bedrooms, a large recreation area, full kitchen, and full washroom, creating endless possibilities for multi-generational living, income potential, or extended family accommodations. Surrounded by stunning multi-million-dollar custom residences, this prestigious property is ideally situated within the highly sought-after Bayview Avenue and Major Mackenzie Drive corridor-one of Richmond Hill's most established and rapidly evolving luxury pockets-further enhancing its long-term appeal and investment potential. Ideal for end users, investors, and developers alike, this move-in ready home is rich in character while offering exceptional future upside. Located within the renowned Bayview Secondary School district, celebrated for its International Baccalaureate (IB) program, and moments from GO Transit, Highway 404, premier shopping, parks, restaurants, and everyday conveniences, this is a rare opportunity to secure a property that seamlessly blends lifestyle, location, and limitless potential in one of Richmond Hill's most desirable neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 448 Fernleigh Circle S, Richmond Hill, ON L4C 1E6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,025,000 in Richmond Hill, the legal minimum down payment is $205,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,975 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.