225 Carrville Road, Richmond Hill, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $8,800,000 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.
- 8 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 90 x 241.5 ft lot
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to acquire the central component of a three-property land assembly in the heart of Richmond Hill. Boasting approximately 90 feet of frontage on Carrville Road, this property forms part of a proposed 19-unit freehold townhouse development being sold together with 211 & 231 Carrville Rod. The rezoning application is well advanced and the sale will be conditional upon the Seller obtaining site plan approval. Extensive planning and technical work has already been completed, providing purchasers with a project that has progressed significantly through the municipal approval process. Existing detached dwelling offers valuable holding potential pending completion of the rezoning process. Supporting documentation available upon request.
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Property Summary
This detached home located at 225 Carrville Road, Richmond Hill is currently for sale and has been available on SousaSells for 2 days. This property is listed at $8,800,000 with an estimated mortgage of $29,292* per month. It has 8 beds, 4 bathrooms, and is 2000-2500 square feet. 225 Carrville Road, Richmond Hill is in the South Richvale neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in South Richvale, Richmond Hill.
- •8 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in South Richvale, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 225 Carrville Road, Richmond Hill, ON
Q.What is the asking price for 225 Carrville Road, Richmond Hill, ON ?
The current listing price for 225 Carrville Road, Richmond Hill, ON in South Richvale, Richmond Hill is $8,800,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 8 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 225 Carrville Road, Richmond Hill, ON ?
225 Carrville Road, Richmond Hill, ON is a Detached (Bungalow) featuring a Separate Entrance, Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment.
Q.Is parking available at this property?
Yes, this property offers parking space for 12.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 225 Carrville Road, Richmond Hill, ON L4C 6E4
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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 $8,800,000 in Richmond Hill, the legal minimum down payment is $1,760,000 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 $206,475 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 $206,475.
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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.