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Listed 1 month ago

168 Springhead Gardens

North Richvale, Richmond Hill

$1,247,000

Detached|Bungalow-Raised
3 | 2 | 6
About this home

Affordable Luxury Living with Exceptional Future Potential in North Richvale: Newly enhanced virtual photos help buyers visualize this meticulously renovated raised bungalow as it is today, while also showcasing exciting customization possibilities, including furniture/layout concepts, exterior design ideas and a potential second-level addition concept that may increase living space to approx. 3,000 sq ft, subject to buyer due diligence and municipal approvals. A dramatic Starlight Galaxy granite foyer introduces a home designed for buyers who value quality, precision and enduring style. Custom staircases create architectural flow. Chef's kitchen features granite counters/floors, maple cabinetry/new stove with air fry/air bake, opening to formal dining beneath a crystal chandelier and sun-filled living room. Main level offers 3 spacious bedrooms and spa-inspired 5-pc bath with matched Starlight Galaxy granite, porcelain and Jacuzzi tub. Kitchen walks out to a private backyard for seamless indoor-outdoor living. Engineered hardwood selected for the Princess Margaret Lottery Home, Benjamin Moore finishes and R60+ insulation add quality and efficiency. Wood-paneled lower level features home theatre with 7.1 surround, executive office or 4th bedroom, 2nd bathroom and direct garage access for safety and convenience. Bell Pure Fibre Optics adds modern connectivity. Customized double garage with automotive/movie artwork, overhead lighting and sound system fits 2 large luxury SUVs, plus 4 cars on driveway; ideal workshop, studio or collector showcase. Separate garage entrance offers basement income potential. Estate-calibre exterior and in-drive lighting create striking night presence. Private rear garden beneath mature trees offers rare privacy, comfortably seating 16 guests in a secluded oasis. Steps to Hillcrest Mall, schools, parks, hospital, transit, groceries and upcoming subway. Linked property.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,402
Lot Size34.6 ft x 131.98 ft
mls© NumberN13514976
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,383
Property tax
$450
Heat allowance
$150
Housing costs
$6,983 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $249,400
25-yr amortization

Income needed

$215,000

gross annual household income

Payment at 4%
$5,248 / mo
Cash down
$249,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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