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Price Change$2,500,000

1 Tiffany Gate

South Richvale, Richmond Hill

$1,948,888

Detached|2-Storey
4 | 4 | 6
About this home

Distinguished Family Residence in Prestigious South Richvale, nestled on a beautifully landscaped, private lot surrounded by mature trees and prestigious estate homes, this distinguished family residence is located in the highly sought-after South Richvale community. Offering 2,479 sq. ft. (MPAC) and approximately 3,500 sq. ft. of finished living space including the basement, this elegant home features expansive principal rooms, rich hardwood flooring, and a beautifully renovated chef's kitchen complete with a centre island and walkout to the side entrance and backyard.The inviting family room, highlighted by a cozy fireplace, creates the perfect setting for everyday living and entertaining. Thoughtful renovations throughout the home include luxurious bathrooms finished with premium materials, as well as a newer furnace and central air conditioning system for added comfort and peace of mind.The finished lower level provides exceptional versatility, featuring a self-contained 1-bedroom apartment with its own laundry, ideal for extended family, guests, rental income potential, or a private home office.Step outside to the deep, secluded backyard-an exceptional outdoor retreat offering endless possibilities for entertaining, relaxing, or future customization.Ideally situated in one of Richmond Hill's premier luxury neighbourhoods, this home is just minutes from top-ranked schools, parks, shopping, public transit, the GO Bus station, and offers convenient access to Highways 7 and 407.A rare opportunity to own an exceptional home in one of Richmond Hill's most prestigious communities!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$7,554
Lot Size41.14 ft x 98.4 ft
mls© NumberN13172818
Listed ByRIGHT AT HOME REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$9,975
Property tax
$630
Heat allowance
$150
Housing costs
$10,755 / mo

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

Down payment20% · $389,778
25-yr amortization

Income needed

$331,000

gross annual household income

Payment at 4%
$8,201 / mo
Cash down
$389,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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