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78 Springhead Gardens

North Richvale, Richmond Hill

$1,159,000

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

For buyers who need more space without stretching the budget, 78 Springhead Gardens delivers. With approximately 1,700 sq. ft. above grade, four bedrooms, a fully-finished basement and a big fenced yard in a sought-after North Richvale location, this detached home offers exceptional value for first-time buyers ready to skip the starter home or families looking for more room.The main floor features a practical layout with generous principal rooms, an updated kitchen, separate living and dining rooms, and a welcoming family room with walkout access to the backyard. Carpet-free with hardwood on all three levels, additional recent updates include hardwood stairs with wrought iron pickets and a beautifully renovated family bathroom with custom finishes and added storage.The finished basement adds even more flexibility with a large recreation room, wet bar, and a fifth bedroom that also works perfectly as a home office, guest room, or space for a teenager. There's ample storage, room to add a second full bathroom, and a separate side entrance that opens up future possibilities.Outside, the fully fenced backyard is private, mature, and designed to be enjoyed. A covered pergola, hot tub, multiple seating areas, and established landscaping create an outdoor space that's just as functional as the interior. Located in one of Richmond Hill's most established neighbourhoods, you're close to highly-regarded schools, parks, community centres, shopping, transit, and major commuter routes. If you're looking for a home that offers more space, thoughtful updates, and a location that continues to stand the test of time, this one deserves a closer look.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,248
Lot Size46.02 ft x 85.85 ft
mls© NumberN13530048
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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