1 Fernwood Court, Richmond Hill, ON

$3,038,000
MLS#:N9266581
8 beds
5 baths
10.0 parking
Residential Freehold
1 Fernwood Court, Richmond Hill, ON L4B 3C2
⚠️

Property no longer active

This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.

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 $3,038,000 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 5 Bathrooms
  • Premium 56.59 x 140.7 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A rare find in the heart of Richmond Hill! Nestled in a serene, child-friendly cul-de-sac and backing onto a quiet forest with no rear neighbors, this elegant home offers both privacy and tranquility. Boasting 4 bedrooms, with an additional 3 in the fully finished basement, this home is ideal for a large multi-generational family or those seeking rental income opportunities.As you step through the double entry doors, crafted from glass and solid wood, you're greeted by a bright and spacious interior that showcases pride of ownership. The large kitchen, featuring granite countertops and high-end appliances, reflects significant investment in recent renovations and upgrades. Notable improvements include a newer roof, updated vinyl glass windows, aluminum flashing, and a high-end security system. Additional features include built-in wall units, remote-controlled automatic blinds, integrated wiring for audio and video, and dimmable pot lights throughout.For your comfort, the home is equipped with a 4 Ton A/C unit and two hot water tanks to accommodate a large household. Radiant in-floor heating is featured in the three-season room, primary bathroom, master ensuite bathroom, and a basement bathroom.The fully finished basement, with a separate side entrance, is designed for entertainment, featuring two Sub-Zero built-in column fridges and freezers in the spacious recreation room.Located in the highly desirable Bayview Hill neighborhood, this home is just minutes from top-rated Bayview Secondary School and Bayview Hill Elementary School, as well as parks, restaurants, and shopping centers. Its also conveniently located just a three-minute walk from the YRT bus stop and a seven-minute drive from the Richmond Hill GO Station.

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Property Summary

This detached home located at 1 Fernwood Court, Richmond Hill is currently for sale and has been available on SousaSells for 714 days. This property is listed at $3,038,000 with an estimated mortgage of $10,112* per month. It has 8 beds, 5 bathrooms, and is unknown square feet. 1 Fernwood Court, Richmond Hill is in the Bayview Hill neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 8 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Bayview Hill, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 8 spacious bedroom layout offering versatile living space
  • 5 well-appointed bathrooms
  • Desirable Detached architecture in Bayview Hill, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Bayview Hill, Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
8
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 4, 2024
Sold price information is available to members only
Listed Date8/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size56.59 × 140.7 Feet
CountyYork
Annual Tax$13,622
Legal DescriptionPCL 39-1, SEC 65M2658 ; LT 39, PL 65M2658

Parking & Garage

Parking Total10.0
Parking Space7
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Place Of Worship
  • Public Transit
  • Ravine
  • Cul de Sac/Dead End
  • School

Interior Features

  • Auto Garage Door Remote

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1 Fernwood Court, Richmond Hill, ON

Q.What is the asking price for 1 Fernwood Court, Richmond Hill, ON ?

The current listing price for 1 Fernwood Court, Richmond Hill, ON in Bayview Hill, Richmond Hill is $3,038,000.

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

This property features 8 bedrooms and 5 bathrooms.

Q.What property type and architectural style is 1 Fernwood Court, Richmond Hill, ON ?

1 Fernwood Court, Richmond Hill, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What key property features does 1 Fernwood Court, Richmond Hill, ON offer?

Key property features include: Park, Place Of Worship, Public Transit, Ravine, Cul de Sac/Dead End, School.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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1 Fernwood Court, Richmond Hill, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Fernwood Court, Richmond Hill, ON L4B 3C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$911,400 (30.0%)
* Minimum Canadian down payment required for this price is $607,600.
Amortization Period30 Years
Estimated Monthly Payment$10,112Based on a loan of $2,126,600 over 30 years.
Purchase Price$3,038,000
Loan Amount$2,126,600
Provincial Land Transfer Tax:$62,425
Total Estimated Closing Taxes:$62,425

About Purchasing a Home in Richmond Hill, ON

For a property listed at $3,038,000 in Richmond Hill, the legal minimum down payment is $607,600 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 $62,425 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 $62,425.

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Bayview Hill, Richmond Hill Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$2,914,745

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 Bayview Hill, Richmond Hill

Elementary Schools

Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0
Christ the King
Public329 Valleymede Drive, Richmond Hill, Ontario, L4B 2E1
8.9
Silver Stream
PublicSilver Stream Avenue, Richmond Hill, Ontario, L4S 0A1
9.3
Walter Scott
Public500 Major MacKenzie Drive East, Richmond Hill, Ontario, L4C 1J2
3.9

Secondary Schools

Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9

Bayview Hill, 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.