5 Hyde Park Drive, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 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.
- 8 Bedrooms and 6 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 53.59 x 120.85 ft lot
- Features a separate entrance, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity! Exceptional Income Potential With Two Self-Contained Basement Apartments (Fully Walk-Out!) Earning Approximately $4,000/Month. Welcome To 5 Hyde Park Dr, A Spacious Home With Excellent Layout Featuring 4+4 Bedrooms And 6 Bathrooms In Richmond Hill's Desirable Doncrest Community. Ideally Located Near Bayview Ave, Hwy 7, Parks, Schools, Public Transit, Shopping, Restaurants And Community Amenities. Set On A Generous 53.59 X 120.85 Ft Lot, This Well-Appointed Home Offers Approximately 4,200 Sq Ft Of Total Living Space, Including Approximately 2,662 Sq Ft Above Grade Plus A Finished Walk-Out Basement With Two Self-Contained Basement Apartments. The Main Floor Features A Welcoming Foyer, Elegant Living And Dining Rooms With Hardwood Floors, Bay Window And Crown Moulding, A Family Room With Fireplace And Pot Lights, Plus A Gourmet Kitchen With Granite Counters, Ceramic Flooring, Breakfast Area And Walk-Out To The Deck. Upstairs Offers 4 Spacious Bedrooms, Including A Primary Bedroom With 4-Piece Ensuite And Walk-In Closet, Plus Additional Bedrooms With Generous Closets And Large Windows. The Finished Basement Expands The Living Space With Multiple Recreation Areas, Bedrooms, 2 Kitchens, 2 Washrooms And Walk-Out Access To The Yard, Providing Excellent Flexibility For Extended Family Or Multi-Generational Living. Enjoy The Enclosed Porch, Deck, Fenced Backyard, Garden Space, Mature Trees, Patio Area And Backyard Shed. A Rare Opportunity In A High-Demand Location With Exceptional Space, Versatile Layout And Strong Long-Term Potential.***Some Listing Photos, Including Front Exterior Images, Have Been Virtually Staged With Digitally Added Elements For Illustration Purposes. The Property May Appear Different In Person.***
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Property Summary
This detached home located at 5 Hyde Park Drive, Richmond Hill is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,399,000 with an estimated mortgage of $4,657* per month. It has 8 beds, 6 bathrooms, and is 2500-3000 square feet. 5 Hyde Park Drive, Richmond Hill is in the Doncrest neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Doncrest, Richmond Hill.
- •8 spacious bedroom layout offering versatile living space
- •6 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Doncrest, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- School
- Rec./Commun.Centre
- Public Transit
- Fenced Yard
Interior Features
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5 Hyde Park Drive, Richmond Hill, ON
Q.What is the asking price for 5 Hyde Park Drive, Richmond Hill, ON ?
The current listing price for 5 Hyde Park Drive, Richmond Hill, ON in Doncrest, Richmond Hill is $1,399,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 8 bedrooms and 6 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 5 Hyde Park Drive, Richmond Hill, ON ?
5 Hyde Park Drive, Richmond Hill, ON is a Detached (2-Storey) featuring a Separate Entrance, Finished with Walk-Out basement.
Q.What key property features does 5 Hyde Park Drive, Richmond Hill, ON offer?
Key property features include: Park, School, Rec./Commun.Centre, Public Transit, Fenced Yard.
Q.What interior features are included in this home?
Interior highlights include: In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 5 Hyde Park Drive, Richmond Hill, ON L4B 1V3
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,399,000 in Richmond Hill, the legal minimum down payment is $279,800 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 $24,455 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 $24,455.
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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.