1 Elderwood Drive, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bayview Hill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,488,800 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 66.56 x 148.65 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
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.
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Property Summary
This detached home located at 1 Elderwood Drive, Richmond Hill is currently for sale and has been available on SousaSells for 13 days. This property is listed at $2,488,800 with an estimated mortgage of $8,284* per month. It has 5 beds, 4 bathrooms, and is 3500-5000 square feet. 1 Elderwood Drive, Richmond Hill is in the Bayview Hill neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Bayview Hill, Richmond Hill.
- •5 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Bayview Hill, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1 Elderwood Drive, Richmond Hill, ON
Q.What is the asking price for 1 Elderwood Drive, Richmond Hill, ON ?
The current listing price for 1 Elderwood Drive, Richmond Hill, ON in Bayview Hill, Richmond Hill is $2,488,800.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 1 Elderwood Drive, Richmond Hill, ON ?
1 Elderwood Drive, Richmond Hill, ON is a Detached (2-Storey) featuring a Separate Entrance, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 11.0 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 1 Elderwood Drive, Richmond Hill, ON L4B 2X3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,488,800 in Richmond Hill, the legal minimum down payment is $497,760 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 $48,695 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 $48,695.
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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.