$2,488,800

For sale

1 Elderwood Drive, Richmond Hill (Bayview Hill) - Single Family for Sale

1 Elderwood Drive, Richmond Hill (Bayview Hill), Ontario, L4B2X3

5 beds4 baths11 parking67 × 149 ft (9,903 sq ft) lot sizeListed 103 days ago

Overview

This 5-bedroom, 4-bathroom home in Richmond Hill is for sale. Listed at $2,488,800, it is attractively priced about 10% below the $2,780,000 median asking price in Richmond Hill.

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Description

This stunning five-bedroom home offers exceptional comfort and privacy in the Prestigious Bayview Hill Neighborhood! Elegant crystal chandeliers and recessed pot lights illuminate the interior, while hardwood flooring flows seamlessly throughout. With First and Second Floor having 4,041 Sqft of spacious space and an Unfinished Basement of 2032 sqft that awaits your customization! The custom-designed kitchen features premium cabinetry, granite countertops, and high-end stainless steel appliances ideal for both everyday living and entertaining. Step outside to a professionally landscaped garden, complete with a spacious deck and a beautifully crafted stone patio. Conveniently located just steps from a charming park, top-rated schools, shopping plazas, and public transit. (id:66096)

Property Details

MLS®: N13601886
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 11
Lot Size: 67 × 149 ft (9,903 sq ft)
Frontage: 67 ft
Storeys: 2
Basement: Unfinished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $14,191.14/yr

Rooms

Second level

Bedroom 4: 4.98 x 3.63 meters
Bedroom 5: 4.08 x 3.78 meters
Primary Bedroom: 5.71 x 5.46 meters
Bedroom 2: 4.45 x 3.53 meters
Bedroom 3: 4.78 x 5.63 meters

Ground level

Library: 3.66 x 3.56 meters
Living room: 6 x 4.57 meters
Kitchen: 6.98 x 4.57 meters
Dining room: 5.77 x 3.46 meters
Family room: 6.01 x 3.83 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Hardwood, Ceramic
Foundation: Unknown
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

103d

Richmond Hill (Bayview Hill) listings, avg age

45d

List price

$2.49M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Richmond Hill (Bayview Hill) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by MAPLE LIFE REALTY INC. · JENNY JIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $2,488,800, about 25.7× the local median household income of $97,000.

Carrying it typically needs a household income of about $486,150 (20% down, 25-yr amortization, stress-tested) — roughly 401% above the area median.

Median household income: $97,000
Population: 36,080
Median age: 45.6
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4B)

$2,488,800

For sale

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Full Cost Breakdown

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Down Payment20% · $497,760

Min 20%50%

Mortgage payment$10,614/mo

Property tax (est.)$1,183/mo

Total monthly$11,797

Cash Needed to Close

Down payment (20%)$497,760

Land transfer tax$48,695

Est. closing costs$9,966

Total cash needed$556,421

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