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North Richvale, Richmond Hill
$1,187,500
If your family is ready for more space, more value, and more enjoyment, this is the home for you! Welcome to 78 Springhead Gardens, a beautifully updated detached family home in the heart of North Richvale - one of Richmond Hill's most sought-after neighbourhoods.Offering the largest floor plans on the street, this move-in-ready home features 4 spacious bedrooms and over 2,400 sq. ft. of finished living space designed for growing families. The bright main floor offers a functional layout with generous principal rooms, an updated kitchen, separate formal living and dining rooms, and a family room with walkout access to an incredible backyard retreat. Step outside and enjoy your own private oasis complete with a covered pergola, hot tub, entertaining areas, and beautifully landscaped outdoor living space that's perfect for summer gatherings, family barbecues, or relaxing evenings at home. Up the hardwood stairs with wrought iron pickets, four roomy bedrooms await. There's a newly remodelled family washroom with custom finishes and additional storage. The finished basement provides exceptional flexibility with a large recreation area, wet bar, additional bedroom or home office, and ample storage. Room enough to add a full second washroom if desired. Side door access to the basement suggests the potential for an income-generating suite. This well-maintained home is ideally located close to top-rated schools, parks, community centres, shopping, transit, and major commuter routes. This home combines space, comfort, and lifestyle in a family-friendly neighbourhood with room to grow and a backyard you'll enjoy all summer long. Come see all life can be at an attractive, affordable price!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,248 |
| Lot Size | 46.02 ft x 85.85 ft |
| mls© Number | N13530048 |
| Listed By | KELLER WILLIAMS REFERRED URBAN 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%
- $6,078
- Property tax
- $437
- Heat allowance
- $150
- Housing costs
- $6,665 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$205,000
gross annual household income
- Payment at 4%
- $4,997 / mo
- Cash down
- $237,500
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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