307 Richview Ave, Toronto - Double Garages Detached Home

307 Richview Ave

LocationForest Hill South, Toronto, M5P 3G4
$5.999M For Sale
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Description

307 Richview Avenue Is A Custom Built Luxury Residence Offering Exceptional Design, over 5000 SQF Refined Finishes, And Seamless Family Living In A Prestigious Setting. Thoughtfully Crafted With Soaring Ceilings, Expansive Principal Rooms, And Abundant Natural Light, This Home Blends Modern Elegance With Warm, Livable Comfort. The Main Level Features Elegant Formal Living And Dining Areas, Designer Lighting, Custom Millwork, And Stunning Porcelain Tile Flooring Throughout. A Chef Inspired Kitchen Anchors The Space With Premium Appliances, Stone Surfaces, Bespoke Cabinetry, And A Bright Breakfast Area Overlooking The Private Backyard. The Adjacent Family Room Creates The Perfect Setting For Everyday Living And Entertaining. Upstairs, The Luxurious Primary Retreat Features A Spa Inspired Ensuite And Custom Dressing Areas, While Additional Bedrooms Offer Generous Layouts And Beautifully Finished Ensuites. The Lower Level Is Designed For Ultimate Comfort And Entertaining, Featuring A Large Recreation Room, Private Theatre, Gym, Second Laundry Room, Guest Accommodations, And Extensive Storage Space. Professionally Landscaped Grounds, And A Private Backyard Retreat Complete This Exceptional Offering. Ideally Located Close To Top Rated Schools, Parks, Shopping, And Transit, 307 Richview Avenue Presents A Rare Opportunity To Own A Truly Special Home In One Of Toronto's Most Desirable Neighborhoods.

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 6
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 40.00 x 128.00 Feet
  • Lot Depth
    Space: 3500-5000
  • Tax Amount
    Tax: $ 30661.75
  • MLS
    C13847698
  • Listing contracted with: HOUSESIGMA INC.
Room Size(M) Description
Office4.08x5.24

Porcelain Floor, B/I Desk, Large Window

Sitting3.70x3.65

Porcelain Floor, B/I Bookcase, Large Window

Kitchen1.83x3.05

Porcelain Floor, B/I Appliances

Kitchen3.66x4.85

Porcelain Floor, Centre Island, Overlooks Backyard

Great Rm9.75x4.88

Porcelain Floor, Gas Fireplace, Overlooks Backyard

Primary B5.79x5.18

Hardwood Floor, 6 Pc Ensuite, Gas Fireplace

2nd Br5.49x4.11

Hardwood Floor, 3 Pc Ensuite, Walk-In Closet(s)

3rd Br4.57x3.96

Hardwood Floor, 3 Pc Ensuite, Walk-In Closet(s)

4th Br4.27x3.35

Hardwood Floor, 3 Pc Ensuite, B/I Closet

5th Br3.35x3.05

Porcelain Floor, 3 Pc Bath

Exercise3.66x3.35

Porcelain Floor

Media Rm3.66x3.66



Bathroom Pieces Level
1xBath2 pcs

Main

1xBath6 pcs

Second

3xBaths3 pcs

Second

1xBath3 pcs

Lower



Property Summary

Located close to the intersection of Richview Ave And Elderwood, 307 Richview Ave is a 4+1 bedrooms 6 washrooms Detached. The unit has a Double Attached Parking Spaces. The property has a finished Walk-Up basement. The property has many nice features including In-Law Suite, Bar Fridge and Auto Garage Door Remot. Office, Sitting Room, Kitchen, Kitchen and Great Room are on the Main floor; fifth bedroom, Excercise Room and Media Rm are on the Lower floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have increased 8.1% compared with the same period last year.

Rent levels have decreased 22.7% compared with the same period last year.

Recent Comparable Value Range
$3,890,000 – $5,560,000
Recent 6-Month Rent Range
$12,750 – $19,250/month

How This Home Compares

Market Temperature
Strong Buyer's Market
Strong SellerSellerBalancedBuyerStrong Buyer
High inventory strongly favours buyers of similar homes.
Typical Selling Time
64 Days
Similar homes are selling in about 64 days, slower than the same period last year.
Price Position
26.8% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes and apartments and condominiums. Approximately 74% of residents hold a bachelor's degree or higher, while about 12% have a college credential. Most local commuters travel by car, while a smaller share use public transit.



Location





Community Overview

307 Richview Ave is at the Heart of Forest Hill South Community. The boundary of Forest Hill South runs from Bathurst Street on the west to Eglinton Hill Avenue on the North, Avenue Road on the east, and Lonsdale Road and St Clair Avenue on the south. Spadina Heights, a First Nation word of 'Ishapadenah', translating to the baby hill or rise of land, was the original name of Forest Hill. The forest has long since gone, but what has remained is the topology with gentle hills along the winding roads. Single Detached homes of Tudor or Georgian architectural styles are predominant housings in the community. In past 3 months, 10 Detached homes were sold at average of $7.7M. Nearly 78% of the residents are of European Origins, and 10% are of East and Southeast Asian Origins. In 307 Richview Ave neighbourhood, you will find many residents are Jewish, Polish, Russian, Scottish, and Eastern European, n.o.s.. Located at the southwest of the community, St Clair West subway station connects the central transit system to downtown Toronto. Right beside Forest Hill Collegiate Institute, Forest Hill's Public Library has excellent education programs for adults and kids. Forest Hill South is close to the core of Midtown Toronto. Quiet tree-lined streets, large estate homes, prestigious schools and easy access to downtown Toronto make this well-heeled community highly attractive to professional and successful entrepreneurs.


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