58 Spruce Avenue, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $2,990,000 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 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 45.08 x 240.35 ft lot
- Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Built-In Oven, Water Heater, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
An exceptional custom-built luxury residence set on an expansive 45 x 240 ft premium lot in the heart of prestigious South Richvale, surrounded by distinguished multi-million-dollar estates. This bright, south-facing home presents an elegant natural stone exterior and refined architectural presence, complemented by soaring 10-foot ceilings on the main level and 9-foot ceilings above. Thoughtfully designed interiors showcase impeccable craftsmanship, featuring a bespoke gourmet kitchen with an oversized centre island, granite countertops, and integrated high-end appliances, seamlessly flowing to a walk-out breakfast area and private patio. Rich hardwood, limestone, and marble flooring anchor the home's sophisticated aesthetic, enhanced by extensive wainscoting, chair rail detailing, skylight, and three beautifully appointed fireplaces. A custom-designed office with coffered ceiling and built-in shelving offers an ideal executive workspace. The professionally finished walk-up basement is filled with natural light and includes above-grade windows, a generous L-shaped recreation area, additional bedroom, and full bathroom, perfect for extended family or entertaining. Additional highlights include a rare tandem three-car garage, interlock driveway and patio, heated floors, built-in furnishings, sprinkler and alarm systems, and abundant pot lighting throughout. Ideally positioned within walking distance to Yonge Street, top-ranked schools, public transit, and just minutes to Highway 407, this residence delivers refined luxury living in one of Richmond Hill's most coveted enclaves.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School, Library
Interior Features
Built-In Oven, Water Heater, Central Vacuum, Carpet Free, Countertop Range
Security Features
Community Features
Location
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 58 Spruce Avenue, Richmond Hill, ON L4C 6W1
Based on 0 recent similar sales in the pocket.
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 $2,990,000 in Richmond Hill, the legal minimum down payment is $598,000 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 $61,225 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 $61,225.
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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.