17 Madison Avenue, Richmond Hill, ON

$1,698,000
MLS#:N9016896
4 beds
4 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oak Ridges. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,698,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 40.03 x 100.39 ft lot
  • Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Absolutely Stunning! Custom design Over 4100 Sq.Ft. of Living Space In High Demanded Area Of Richmond Hill. High End Finishes Throughout. Main Floor Office With Fireplace in a gorgeous Family Room. This family home has 4 large bedrooms with 4 Large Closets. 2nd Bedroom Can Be Used As Guest Room With Private Bathroom and W/I Closet. Large Laundry Room Perfect For Large Families With Lots of Parking Spaces. The Professionally Landscaped With Interlocking (2024), New Fenced Backyard (2024)

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Property Summary

This detached home located at 17 Madison Avenue, Richmond Hill is currently for sale and has been available on SousaSells for 733 days. This property is listed at $1,698,000 with an estimated mortgage of $5,652* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 17 Madison Avenue, Richmond Hill is in the Oak Ridges neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 16, 2024
Sold price information is available to members only
Listed Date7/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementSeparate Entrance, Unfinished
Lot Size40.03 × 100.39 Feet
CountyYork
Annual Tax$7,191.31
Legal DescriptionLot 3, Plan 65N457 Subject To An Easement In Gross Over Pt 1, Plan 65R37342 As In YR2729331 Subject

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Fenced Yard, Library, Park

Interior Features

None

Security Features

Community Features

Location

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17 Madison Avenue, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 17 Madison Avenue, Richmond Hill, ON L4E 2Z7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$509,400 (30.0%)
* Minimum Canadian down payment required for this price is $339,600.
Amortization Period30 Years
Estimated Monthly Payment$5,652Based on a loan of $1,188,600 over 30 years.
Purchase Price$1,698,000
Loan Amount$1,188,600
Provincial Land Transfer Tax:$30,435
Total Estimated Closing Taxes:$30,435

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,698,000 in Richmond Hill, the legal minimum down payment is $339,600 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 $30,435 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 $30,435.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oak Ridges, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,686,671

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Oak Ridges
Public160 Coon's Road, Oak Ridges, Richmond Hill, Ontario, L4E 2P7
6.1
Kettle Lakes
Public62 Kingshill Road, Richmond Hill, Ontario, L4E 4X5
7.6
Our Lady of Hope
Public80 Red Cardinal Trail, Oak Ridges, Richmond Hill, Ontario, L4E 4B8
7.1
Father Frederick McGinn
Public61 Brockdale Street, Richmond Hill, Ontario, L4E 4W2
7.1
Académie de la Moraine
Public13200, Oak Ridges, Richmond Hill, Ontario, L4E 2T2
4.7

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.