$2,998,000

For sale

176 Old Surrey Lane, Richmond Hill (South Richvale) - Single Family for Sale

176 Old Surrey Lane, Richmond Hill (South Richvale), Ontario, L4C7E5

6 beds8 baths13 parking4,250 ft²73 × 167 ft (12,119 sq ft) lot sizeListed 29 days ago

Overview

This 6-bedroom, 8-bathroom home in Richmond Hill is for sale offering roughly 4,250 sq ft of space. Its $2,998,000 asking price sits right in line with the $2,980,000 median in Richmond Hill. It has been on the market 29 days, fresher than the Richmond Hill average of 62 days.

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Description

Welcome to 176 Old Surrey Lane, a rare custom home situated on a stunning 72' x 166' lot in Richmond Hill's most prestigious enclave, South Richvale. Offering a sprawling approx 5,000 sq ft above grade, this solid residence provides grand architectural scale and a perfect canvas to be reimagined into your absolute dream estate. Enjoy a dedicated main floor office and the rare convenience of a main floor nanny/in-law suite featuring an ensuite bath and private separate entrance. A majestic circular drive and 3-car garage lead to a breathtaking 18ft foyer with granite floors. The heart of the home is a massive kitchen & breakfast area anchored by a centre island beneath large double skylights with a spectacular built-in 70/24 custom aquarium.The finished basement features a separate entrance, full kitchen, 2 beds, 2+1 baths, and asauna'!An investor & end-user's dream! (id:66096)

Property Details

MLS®: N13871112
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 8
Half Baths: 1
Parking: 13
Interior Size: 4,250 ft²
Lot Size: 73 × 167 ft (12,119 sq ft)
Frontage: 73 ft
Storeys: 2
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 4.36 x 4.27 meters
Dining room: 4.37 x 5.18 meters
Kitchen: 8.47 x 4.57 meters
Eating area: 6.19 x 3.35 meters
Family room: 6.74 x 3.93 meters
Office: 3.05 x 3.84 meters
Kitchen: 3.54 x 6.4 meters

Second level

Bedroom 4: 4.6 x 4.4 meters
Primary Bedroom: 6.46 x 4.15 meters
Bedroom 2: 5.06 x 3.47 meters

Features

Appliances: Water meter, Central Vacuum, Wall Mounted TV, Oven - Built-In, Humidifier, Water Heater
Flooring: Hardwood
Foundation: Concrete
Exterior: Stucco
Lot Features: Lighting, Carpet Free, Sauna

Services

Water: Municipal water, Unknown
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Richmond Hill (South Richvale) listings, avg age

62d

Price / ft²

$705

List price

$3.00M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 6-bed single family in Richmond Hill (South Richvale) has been listed for 29 days, which is 33 days fresher than the city average of 62. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · HUMAN KASEH CHI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $2,998,000, about 34.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $585,614 (20% down, 25-yr amortization, stress-tested) — roughly 581% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$2,998,000· $705/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $599,600

Min 20%50%

Mortgage payment$12,786/mo

Property tax (est.)$1,344/mo

Total monthly$14,130

Cash Needed to Close

Down payment (20%)$599,600

Land transfer tax$61,425

Est. closing costs$11,494

Total cash needed$672,519

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