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Listed 8 days ago

78 Springhead Gardens

North Richvale, Richmond Hill

$1,159,000

Detached|2-Storey
4 | 2 | 4
About this home

***Be moved in by the holidays! *** LOCATION, SPACE AND VALUE! Welcome to 78 Springhead Gardens in one of Richmond Hill's most beloved neighbourhoods. Offering one of the largest floor plans on the street, this detached home provides approximately 1,700 sq. ft. above grade, four bedrooms and over 2,400 sq. ft. of finished living space across three levels. An excellent opportunity for first-time or move-up buyers looking for room to grow in a convenient, family-friendly location. From the welcoming foyer, step into the bright, south-facing living room with its large picture window and adjoining dining room, perfect for family gatherings. The updated kitchen features stone countertops, stainless steel appliances, a coffee bar and generous pantry storage. A separate main-floor family room offers a comfortable everyday gathering space with a walkout to the large backyard deck with covered BBQ area. A convenient powder room and separate side door completes this level. Upstairs, discover four generously sized bedrooms, hardwood flooring and a beautifully renovated family bathroom with custom finishes and additional storage.The finished basement adds valuable flexibility with a spacious recreation room with cosy fireplace, wet bar (or easy kitchen conversion?), laundry, storage and a fifth bedroom that could easily serve as a home office, guest room or teenager's retreat. Outside, the lush, fully fenced backyard features mature landscaping, a spacious deck, covered pergola, hot tub and fire pit, with plenty of room for children to play and adults to entertain. Close to excellent schools, parks, walking trails, Richvale Community Centre, Hillcrest Mall, transit and major commuter routes. Less than a kilometre to Yonge St! Why compromise on space or location? Give your family the room it needs today and the flexibility to grow tomorrow. Book your showing, you won't be disappointed!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,248
Lot Size46.02 ft x 85.85 ft
mls© NumberN13877936
Listed ByKELLER 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%
$5,932
Property tax
$437
Heat allowance
$150
Housing costs
$6,520 / mo

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

Down payment20% · $231,800
25-yr amortization

Income needed

$201,000

gross annual household income

Payment at 4%
$4,877 / mo
Cash down
$231,800

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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