8 Wellspring Avenue, Richmond Hill, ON
Property no longer active
This property was sold on February 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oak Ridges. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,197,000 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 Bedrooms and 3 Bathrooms
- Premium 39.4 x 88.98 ft lot size
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in one of the GTA's most sought-after communities, this 20-year-old bungalow is perfect for those looking to downsize or for first-time buyers who want to skip the condo lifestyle and enjoy the space and privacy of a home. With modern updates and a thoughtful layout, this property offers both comfort and convenience. Features include: 2 bedrooms, 3 washrooms: A spacious primary suite with a walk-in closet and a luxurious 4-piece ensuite, and a bright, airy second bedroom with a large window that bathes the space in natural light. Modern Kitchen: Updated with elegant quartz countertops, brand-new appliances, and a sleek design that balances style and functionality. The entire home has been freshly painted and outfitted with new light fixtures, giving it a bright and inviting feel. Partially Finished Basement: Includes an additional powder room, ready to be customized to suit your needs-ideal for extra living space. Close to all amenities and walking distance from Yonge Street.
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Property Summary
This detached home located at 8 Wellspring Avenue, Richmond Hill is currently for sale and has been available on SousaSells for 563 days. This property is listed at $1,197,000 with an estimated mortgage of $3,984* per month. It has 2 beds, 3 bathrooms, and is unknown square feet. 8 Wellspring Avenue, Richmond Hill is in the Oak Ridges neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Oak Ridges, Richmond Hill.
- •2 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •Desirable Detached architecture in Oak Ridges, Richmond Hill
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Library
- Park
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
- School
Interior Features
- Auto Garage Door Remote
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 8 Wellspring Avenue, Richmond Hill, ON
Q.What is the asking price for 8 Wellspring Avenue, Richmond Hill, ON ?
The current listing price for 8 Wellspring Avenue, Richmond Hill, ON in Oak Ridges, Richmond Hill is $1,197,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 3 bathrooms.
Q.What property type and architectural style is 8 Wellspring Avenue, Richmond Hill, ON ?
8 Wellspring Avenue, Richmond Hill, ON is a Detached (Bungalow) featuring a Partially Finished basement.
Q.What key property features does 8 Wellspring Avenue, Richmond Hill, ON offer?
Key property features include: Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Attached).
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 8 Wellspring Avenue, Richmond Hill, ON L4E 3K3
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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 $1,197,000 in Richmond Hill, the legal minimum down payment is $239,400 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 $20,415 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 $20,415.
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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.