81 Menotti Drive, Richmond Hill, ON

$2,199,000
MLS#:N9010716
5 beds
5 baths
7.0 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 stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,199,000 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
  • Premium 59.01 x 163.17 ft lot size
  • Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 81 Menotti Drive, nestled at a quiet cul-de-sac end in Richmond Hill's Oak Ridges. This expansive home boasts over 4000 sq.ft. of luxurious space with professionally landscaped grounds, interlocked driveway and a charming backyard patio with a gas bbq line & garden shed on a concrete pad. Step inside to 10ft ceilings on the main floor, 9ft ceilings upstairs and in the basement, all beneath smooth ceilings. Fully upgraded from top to bottom, this home features rich hardwood floors throughout and 7-inch baseboards that add classic charm. Enjoy high-end appliances including a gas Wolf stove and Subzero fridge, complemented by high-end light fixtures & gas fireplace that add a modern flair. The finished basement features a separate walk-up entrance & upgraded full size windows and is roughed-in for a future kitchen, ideal for an in-law suite or rental. No sidewalk allows extra parking on the driveway, enhancing this premium lots appeal in a prime location.

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Property Summary

This detached home located at 81 Menotti Drive, Richmond Hill is currently for sale and has been available on SousaSells for 737 days. This property is listed at $2,199,000 with an estimated mortgage of $7,320* per month. It has 5 beds, 5 bathrooms, and is unknown square feet. 81 Menotti Drive, 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
5
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 12, 2024
Sold price information is available to members only
Listed Date7/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Stucco (Plaster)
BasementWalk-Up, Finished
Lot Size59.01 × 163.17 Feet
CountyYork
Annual Tax$7,855.12
Legal DescriptionLOT 69, PLAN 65M4631 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR2911310 TOWN OF RICHMOND HILL

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Fenced Yard, Public Transit, School

Interior Features

Central Vacuum

Security Features

Community Features

Location

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81 Menotti Drive, 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 81 Menotti Drive, Richmond Hill, ON L4E 1G7

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$659,700 (30.0%)
* Minimum Canadian down payment required for this price is $439,800.
Amortization Period30 Years
Estimated Monthly Payment$7,320Based on a loan of $1,539,300 over 30 years.
Purchase Price$2,199,000
Loan Amount$1,539,300
Provincial Land Transfer Tax:$41,450
Total Estimated Closing Taxes:$41,450

About Purchasing a Home in Richmond Hill, ON

For a property listed at $2,199,000 in Richmond Hill, the legal minimum down payment is $439,800 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 $41,450 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 $41,450.

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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.