$1,868,000

For sale

49 Cygnus Drive, Richmond Hill (Observatory) - Single Family for Sale

49 Cygnus Drive, Richmond Hill (Observatory), Ontario, L4C8P1

5 beds5 baths4 parking2,750 ft²43 × 104 ft (4,489 sq ft) lot sizeListed 34 days ago

Overview

This 5-bedroom, 5-bathroom home in Richmond Hill is for sale offering roughly 2,750 sq ft of space. Its $1,868,000 asking price sits right in line with the $1,890,000 median in Richmond Hill. It has been on the market 34 days, fresher than the Richmond Hill average of 46 days.

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Description

***Fully Renovated 4-Bedroom Family Home in Prestigious Observatory Community | Bayview Secondary School Catchment!*** Completely Renovated In Year 2022, This Stunning South-Facing 4-Bedroom Home Features A Double-Car Garage And Offers A Bright, Open-Concept Layout With A Spacious And Well-Designed Floor Plan, Filled With Abundant Natural Light Throughout. Extensive Upgrades Include A Brand-New Front Door, All New Windows, Elegant Staircase, Custom Cabinetry, Premium Flooring, And A Fully Redesigned Chef-Inspired Kitchen With Quartz Countertops And Stainless Steel Appliances.The Upper Level Offers Four Spacious Bedrooms And Three Fully Renovated Bathrooms, Including Two Ensuites And A Semi-Ensuite. The Professionally Finished Basement Provides Additional Versatile Living Space.Located In The Highly Sought-After Observatory Community In The Bayview Secondary School Catchment, Close To Parks, Schools, Shopping, Transit, And Major Highways. A Bright, Turnkey Home-Simply Move In And Enjoy! (id:66096)

Property Details

MLS®: N13852798
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 5
Half Baths: 1
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 43 × 104 ft (4,489 sq ft)
Frontage: 43 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Oven, Dryer, Oven - Built-In, Window Coverings
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Richmond Hill (Observatory) listings, avg age

46d

Price / ft²

$679

List price

$1.87M

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 (Observatory) has been listed for 34 days, which is 12 days fresher than the city average of 46. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · TERRY D.C. WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,868,000, about 21.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $364,886 (20% down, 25-yr amortization, stress-tested) — roughly 324% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$1,868,000· $679/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $373,600

Min 20%50%

Mortgage payment$7,967/mo

Property tax (est.)$692/mo

Total monthly$8,659

Cash Needed to Close

Down payment (20%)$373,600

Land transfer tax$33,835

Est. closing costs$8,104

Total cash needed$415,539

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