40 Red Giant Street, Richmond Hill, ON

$2,750,000
MLS#:N12694468
4 beds
6 baths
3500-5000 sqft
6.0 parking
Residential Freehold
40 Red Giant Street, Richmond Hill, ON L4C 4Y4
⚠️

Property no longer active

This property was sold on February 4, 2026. 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 and stone construction, this residence presents an exceptional opportunity offered at $2,750,000 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.

  • 4 Bedrooms and 6 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 44.95 x 98.43 ft lot
  • Features a finished 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: Built-In Oven, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

3-Year-New Luxury Detached Home Offering Approximately 5,000 Sq Ft Of Upgraded Living Space On A Premium No-Sidewalk Lot In The Prestigious Observatory Hill Community. Grand 13-Ft Ceiling Foyer. Immediate Sense Of Space And Elegance Upon Entry. True Open-Concept Main Floor. Smooth 10-Ft Ceilings. Bright, Expansive Layout For Modern Living And Entertaining. Rare Main-Floor Study With Window. Ideal For A Dedicated Home Office Or Quiet Work Space. Waffle-Style Ceiling Great Room With Fireplace. Chef-Inspired Kitchen With Large Centre Island, Quartz Countertops And Backsplash, Full-Height Custom Cabinetry Throughout, And Premium Built-In Stainless Steel Appliances. Designer Lighting And Upgraded Wall Molding On Main And Second Floors. Upper Level Designed For Comfort And Functionality With Four Spacious Ensuite Bedrooms, Each With Private Bath And Closet. Full-Sized Second-Floor Lounge Located On The Same Level As The Bedrooms-Not Split-Level-Featuring Three Large Windows And Abundant Natural Light, Ideal For Family Living, Study Area, Or Relaxed Evenings. Builder-Finished Basement With Washroom And Large Open-Concept Area. Recreation. Home Gym. Play Space. Entertaining. Mostly Interlocked Backyard. Low Maintenance. Gardening Space. Extensive Builder Upgrades Completed At Time Of Purchase. Strong Curb Appeal. Generous Driveway Parking. Bayview Secondary School And Sixteenth Avenue Public School Catchments. Minutes To GO Transit, Highways 404/407, Parks, Shopping, Dining. Move-In Ready. Prime Location. A Home That Truly Stands Out.

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Property Summary

This detached home located at 40 Red Giant Street, Richmond Hill is currently for sale and has been available on SousaSells for 204 days. This property is listed at $2,750,000 with an estimated mortgage of $9,154* per month. It has 4 beds, 6 bathrooms, and is 3500-5000 square feet. 40 Red Giant Street, 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 4 bedrooms and 6 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
  • 4 spacious bedroom layout offering versatile living space
  • 6 well-appointed bathrooms
  • 3500-5000 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
4
Bathrooms
6
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 4, 2026
Sold price information is available to members only
Listed Date1/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished
Lot Size44.95 × 98.43 Feet
CountyYork
Annual Tax$12,411
Legal DescriptionLOT 196, PLAN 65M4547 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR3048432

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Built-In Oven
  • Auto Garage Door Remote

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 40 Red Giant Street, Richmond Hill, ON

Q.What is the asking price for 40 Red Giant Street, Richmond Hill, ON ?

The current listing price for 40 Red Giant Street, Richmond Hill, ON in Observatory, Richmond Hill is $2,750,000.

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

This property features 4 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 40 Red Giant Street, Richmond Hill, ON ?

40 Red Giant Street, Richmond Hill, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Auto Garage Door Remote.

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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Location

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40 Red Giant Street, 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 40 Red Giant Street, Richmond Hill, ON L4C 4Y4

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$825,000 (30.0%)
* Minimum Canadian down payment required for this price is $550,000.
Amortization Period30 Years
Estimated Monthly Payment$9,154Based on a loan of $1,925,000 over 30 years.
Purchase Price$2,750,000
Loan Amount$1,925,000
Provincial Land Transfer Tax:$55,225
Total Estimated Closing Taxes:$55,225

About Purchasing a Home in Richmond Hill, ON

For a property listed at $2,750,000 in Richmond Hill, the legal minimum down payment is $550,000 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 $55,225 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 $55,225.

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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.