37 Cygnus Drive, Richmond Hill, ON

$1,768,000
MLS#:N12085074
6 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
37 Cygnus Drive, Richmond Hill, ON L4C 8P1
⚠️

Property no longer active

This property was sold on May 22, 2025. 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 Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,768,000 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.

  • 6 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 52.32 x 108.37 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Exquisite home in the prestigious Bayview & 16th Avenue area, featuring a bright, open-concept layout thoughtfully renovated with premium finishes throughout. Offering over 3,500 sq ft of total living space, the home showcases a gourmet kitchen with granite countertops, a full-height designer backsplash, high-end appliances, and oversized porcelain tiles, while rich hardwood flooring flows seamlessly through the main living areas. Custom closet organizers, upgraded washrooms, and generous walk-in storage enhance everyday functionality. A dramatic spiral staircase, illuminated by a striking sky roof window, brings architectural elegance and an abundance of natural light to the heart of the home, complemented by modern pot lights along the hallway. The professionally landscaped exterior features elegant interlocking stonework and a spacious deck perfect for entertaining. Upstairs, generously sized bedrooms offer comfort and versatility, while the fully finished basement includes two additional bedrooms and a stylish 3-piece bathroom. Ideally located near Bayview Secondary School, top Montessori options, Observatory Park, community centers, shops, and plazas, this exceptional property truly has it all.

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Property Summary

This detached home located at 37 Cygnus Drive, Richmond Hill is currently for sale and has been available on SousaSells for 478 days. This property is listed at $1,768,000 with an estimated mortgage of $5,885* per month. It has 6 beds, 4 bathrooms, and is 2000-2500 square feet. 37 Cygnus Drive, Richmond Hill is in the Observatory 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 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 6 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 22, 2025
Sold price information is available to members only
Listed Date4/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size52.32 × 108.37 Feet
CountyYork
Annual Tax$8,375
Legal DescriptionPCL 105-1 SEC 65M2051

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 37 Cygnus Drive, Richmond Hill, ON

Q.What is the asking price for 37 Cygnus Drive, Richmond Hill, ON ?

The current listing price for 37 Cygnus Drive, Richmond Hill, ON in Observatory, Richmond Hill is $1,768,000.

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

This property features 6 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 37 Cygnus Drive, Richmond Hill, ON ?

37 Cygnus Drive, Richmond Hill, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Water Softener.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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37 Cygnus Drive, 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 37 Cygnus Drive, Richmond Hill, ON L4C 8P1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$530,400 (30.0%)
* Minimum Canadian down payment required for this price is $353,600.
Amortization Period30 Years
Estimated Monthly Payment$5,885Based on a loan of $1,237,600 over 30 years.
Purchase Price$1,768,000
Loan Amount$1,237,600
Provincial Land Transfer Tax:$31,835
Total Estimated Closing Taxes:$31,835

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,768,000 in Richmond Hill, the legal minimum down payment is $353,600 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 $31,835 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 $31,835.

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Observatory, Richmond Hill Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,212,783

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 Observatory, Richmond Hill

Elementary Schools

Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0
Walter Scott
Public500 Major MacKenzie Drive East, Richmond Hill, Ontario, L4C 1J2
3.9
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
Red Maple
Public155 Red Maple Road, Richmond Hill, Ontario, L4B 4P9
6.7

Secondary Schools

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
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3

Observatory, 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.