Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,500,000 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.
2,479 sq feet (MPAC) Distinguished family residence in the prestigious South Richvale community, set on a beautifully landscaped private lot surrounded by mature trees and exceptional estate homes.Offering expansive living space across the park, this elegant home features refined principal rooms, rich hardwood flooring, and a renovated chef's kitchen complete with a centre island and walkout to the side entrance and backyard.The inviting family room with a fireplace provides a warm and comfortable setting for every day living and entertaining. Luxurious renovation of the whole house, bathrooms showcase premium finishes, including a new furnace and air conditioning system. The finished lower level offers outstanding flexibility for recreation, extended family living in separate 1 bdr apartment with laundry room, or a private home office. This gem is offering approximately 3,500 square feet of finished space including basement to enjoy. The deep, secluded backyard presents exceptional outdoor space for entertaining, relaxation, or future customization. Ideally located in one of Richmond Hill's most sought-after luxury neighbourhoods, close to top-ranked schools, parks, transit, and upscale amenities.An exceptional opportunity to secure a prime property in South Richvale. Convenient Access To Hwy 7, Hwy 407 As Well As Go Buss Station And Shopping Center
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Data-driven valuation for 1 Tiffany Gate, Richmond Hill, ON L4C 6W7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,500,000 in Richmond Hill, the legal minimum down payment is $500,000 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 $48,975 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 $48,975.
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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.