38 Maryvale Crescent, Richmond Hill, ON

Expired - Members Only
MLS#:Members Only
9 beds
13 baths
5000 + sqft
12.0 parking
Residential Freehold
Unavailable Listing

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Listing Status: Expired

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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $18,500,000 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.

  • 9 Bedrooms and 13 Bathrooms with 2 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 100.34 x 350.31 ft lot
  • Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with other central cooling and highly efficient other heating via other

Description

**Introducing a Landmark Custom Estate in Elite South Richvale - Exclusive Pre-Sell Opportunity**. Prepare to be captivated by a home that will redefine luxury living in Richmond Hill, an extraordinary estate that promises to deliver what this city has never witnessed before. Nestled in the prestigious South Richvale neighbourhood, this bespoke masterpiece is situated on one of the most coveted streets, embracing a magnificent 100 x 350 foot lot that seamlessly integrates with the serene beauty of a nearby ravine, ensuring an unparalleled sanctuary of privacy and tranquility.Crafted by the esteemed Mahzad Homes, this luxurious residence will span an impressive 15,000 square feet of above-grade living space, accompanied by an expansive 7,000 square foot basement. This exceptional home will feature seven spacious bedrooms, each designed as a master suite, complete with inviting fireplaces and lavish walk-in closets.Upon entering, be greeted by a grand foyer with soaring 12-foot ceilings that flow gracefully throughout the main and upper floors, creating a bright and airy ambiance. The open-to-above design enhances the sense of space and light, while oversized aluminum windows invite the captivating views of the surrounding ravine into your home.Entertainment reaches new heights in the resort-style outdoor area, highlighted by an oversized pool that serves as the focal point for memorable gatherings.This estate boasts a state-of-the-art theatre room, perfect for cinematic experiences at home, and a heated garage with an innovative door system for utmost convenience.Every detail of this home has been meticulously curated, from the sculptural staircase that acts as a breathtaking architectural centre piece to the stunning limestone exterior enveloping all four elevations.It is not merely a house; it is a lifestyle choice for those who seek sophistication and elegance.

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Key Features

Bedrooms
9
Bathrooms
13
Kitchens
2
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details Locked

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Additional Details

StatusExpired
Listed Date5/23/2025
Transaction TypeFor Sale

Property Details Locked

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Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStucco (Plaster)
BasementOther
Lot Size100.34 × 350.31 Feet
CountyYork
Annual Tax$0
Legal DescriptionLt 46 Pl 4215 Vaughan ; Richmond Hill

Parking & Garage

Parking Total12.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingOther

Features

Property Features

  • Public Transit
  • Ravine
  • River/Stream
  • School
  • Sloping
  • Wooded/Treed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

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Frequently Asked Questions about 38 Maryvale Crescent, Richmond Hill, ON

Q.What is the asking price for 38 Maryvale Crescent, Richmond Hill, ON ?

The current listing price for 38 Maryvale Crescent, Richmond Hill, ON in South Richvale, Richmond Hill is $18,500,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 9 bedrooms and 13 bathrooms across approximately 5000 + sqft.

Q.What property type and architectural style is 38 Maryvale Crescent, Richmond Hill, ON ?

38 Maryvale Crescent, Richmond Hill, ON is a Detached (Bungalow) featuring a Other basement.

Q.What key property features does 38 Maryvale Crescent, Richmond Hill, ON offer?

Key property features include: Public Transit, Ravine, River/Stream, School, Sloping, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 12.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via Other.

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38 Maryvale Crescent, Richmond Hill, ON

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Property History

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Pricing & Value Insights

Data-driven valuation for 38 Maryvale Crescent, Richmond Hill, ON L4C 6P8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate4.00%
Down Payment$5,550,000 (30.0%)
* Minimum Canadian down payment required for this price is $3,700,000.
Amortization Period30 Years
Estimated Monthly Payment$61,580Based on a loan of $12,950,000 over 30 years.
Purchase Price$18,500,000
Loan Amount$12,950,000
Provincial Land Transfer Tax:$448,975
Total Estimated Closing Taxes:$448,975

About Purchasing a Home in Richmond Hill, ON

For a property listed at $18,500,000 in Richmond Hill, the legal minimum down payment is $3,700,000 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 $448,975 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 $448,975.

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South Richvale, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Richvale, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$3,362,859

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in South Richvale, Richmond Hill

Elementary Schools

Charles Howitt
Public30 Pearson Avenue, Richmond Hill, Ontario, L4C 6T7
7.6
Red Maple
Public155 Red Maple Road, Richmond Hill, Ontario, L4B 4P9
6.7
St Charles Garnier
Public16 Castle Rock Drive, Richmond Hill, Ontario, L4C 5H5
9.3
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8

Secondary Schools

Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3

South Richvale, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.