Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Richmond Hill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,068,000 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.
ONCE IN A LIFETIME opportunity to own an oasis in the historic Hamlet of Gormley, offering a balance of estate-style living with urban convenience. At just over an acre, the property boasts 155 ft of unobstructed, sunset-catching west exposure frontage overlooking rolling hills and extends approximately 330 ft in depth, creating a rare and expansive setting. The lot unfurls rearward to a flat, maturely treed, and rewardingly private backyard. The substantial lot dimensions may also present future redevelopment potential, including the possibility of severance into two residential building lots, subject to all required municipal approvals and due diligence by the purchaser. Nestled on a cul-de-sac with only two other homes, the mid-century bungalow features inviting curb appeal and awaits your vision. As the dwelling is not included in the inventory of heritage buildings of the Gormley Heritage Conservation District, substantial renovations or a new build are options. The two-storey barn-style outbuilding with approx. 800 Sq. Ft. footprint offers the possibility for a garden in-law or rental suite, workshop, or mancave/she-shed" 5 Farmer Court is superbly located just two minutes to the 404, Gormley GO, and under 10 minutes to retail, school and recreational amenities, yet is immersed in nature, from hummingbirds to hawks. Abundant perennial flower beds imbue a pastoral cottage-like charm. Endless possibilities. Your dreams are calling!
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Cul de Sac/Dead End, Fenced Yard, Library, Park
Sump Pump, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Farmer Court, Richmond Hill, ON L4E 1A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,068,000 in Richmond Hill, the legal minimum down payment is $413,600 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 $38,175 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 $38,175.
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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.