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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Devonsleigh. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,375,000 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.
Welcome to 7 Luba Ave, a meticulously maintained home by its original owners in Richmond Hill's highly desirable Devonsleigh community. Offering just under 4,000 square feet of practical, comfortable living space, this freshly painted, move-in-ready residence opens into a grand foyer featuring soaring ceilings, gleaming hardwood floors, and an abundance of natural light. The highly functional main level includes a dedicated private office and a separate laundry room with direct access to the double-car garage. Upstairs, the luxurious primary suite features a 6-piece ensuite bath and a walk-in closet, complemented by three additional bedrooms-one boasting a private 2-piece bath-and a massive great room that can easily convert into a large bedroom suite. The expansive finished basement showcases a 37' x 29' recreation room ready for your personal touch. Outside, the fully fenced, private backyard backs directly onto a scenic trail. Perfectly situated in a sought-after location, this exceptional property is just moments away from parks, top-ranked schools, shopping, dining, VIVA transit, and the Richmond Hill GO Station.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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Fenced Yard, Library, Park, Place Of Worship, Public Transit, School Bus Route
Central Vacuum, Rough-In Bath, Water Heater
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Data-driven valuation for 7 Luba Avenue, Richmond Hill, ON L4S 1G4
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 $1,375,000 in Richmond Hill, the legal minimum down payment is $275,000 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 $23,975 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 $23,975.
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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.