142 Riding Mountain Drive, Richmond Hill, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Jefferson. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Premium 41.35 x 125.04 ft lot size
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity! proud of ownership, 41.35 frontage Lot Within the Prestigious Jefferson Forest Community. Backing Onto the Breathtaking Forest and Summit Golf Country Club, Featuring 4 Spacious Bedrooms and 5 Bathrooms, 9 feet ceiling on the main floor , Open-Concept Living and Dining Areas Are Perfect for Entertaining. The basement, Separate entrance, is a legal additional residential unit, Which Can bring rental income or can be used as an in-law suite. The basement has permit from the city, and has completed all the inspections by the city . Fully Fenced Backyard. Don't Miss the Chance to Experience the Serenity of This Picturesque Ravine View From Your Private Backyard. Basement can be a two-bedroom APT.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 142 Riding Mountain Drive, Richmond Hill, ON L4E 0T9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,899,000 in Richmond Hill, the legal minimum down payment is $379,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,455 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
