Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $1,488,000 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.
# South Richvale Opportunity - Live & Invest - Welcome to this bright and updated raised bungalow in the prestigious South Richvale community, located on highly sought-after Roosevelt Drive and surrounded by stunning multi-million-dollar custom homes. Situated on a deep, private lot backing onto mature greenery and good size L shape deck with access from Kitchen and Living room. This property offers an exceptional opportunity to live or invest.This well-maintained 3-bedroom raised bungalow features a practical, stair-friendly layout ideal for families or down-sizers seeking convenient one-level living. The spacious kitchen, generous principal rooms, abundant natural light, and fresh paint create a warm and inviting atmosphere. The primary bedroom includes a walk-in closet and a private ensuite for added comfort.The finished basement offers excellent income potential, allowing you to live on the updated main floor while generating rental income from the lower level.One of the property's most unique advantages is its elevated position on the uphill section of Roosevelt Drive. Beyond this property, many lots shown on the City's planning maps feature approximately 100-foot frontages, further enhancing the long-term appeal of the area. The mature, private backyard provides a peaceful setting, while the prestigious neighbourhood continues to attract luxury custom home development. Conveniently located close to top-ranking schools, parks, shopping, Golf Course, public transit, and major highways, this is an outstanding opportunity for end-users and investors.**Live now, rent for additional income, in one of Richmond Hill's most desirable luxury neighbourhoods.** Lots of upgrade including Furnace 2024, AC 2019, TWO sump pumps 2026.
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This detached home located at 63 Roosevelt Drive, Richmond Hill is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,488,000 with an estimated mortgage of $4,953* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 63 Roosevelt Drive, Richmond Hill is in the South Richvale neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in South Richvale, Richmond Hill.
Growing families needing multi-bedroom flexibility and space in South Richvale, Richmond Hill.
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The current listing price for 63 Roosevelt Drive, Richmond Hill, ON in South Richvale, Richmond Hill is $1,488,000.
This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
63 Roosevelt Drive, Richmond Hill, ON is a Detached (Bungalow-Raised) featuring a Finished, Separate Entrance basement.
Interior highlights include: None.
Yes, this property offers parking space for 6.0 vehicles (Built-In).
Heating is provided via Gas and cooling via Central Air.
South Richvale, Richmond Hill
9 assaults (45.0/100k)
10 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 63 Roosevelt Drive, Richmond Hill, ON L4C 6V2
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 $1,488,000 in Richmond Hill, the legal minimum down payment is $297,600 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 $26,235 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 $26,235.
Comprehensive city-wide demographics, local real estate stats, and school rankings for South Richvale, Richmond Hill.
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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.
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