
This property was sold on January 22, 2026. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $2,488,000 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.
Over $300,000 In Custom Upgrades Define This 3 Year New Luxury Detached Home Offering Over 4,500 Sq Ft Of Elegant Living Space And Four Spacious Ensuite Bedrooms, Situated On A Premium No-Sidewalk Lot In The Prestigious Observatory Hill Community. Featuring 10 Ft Ceilings On The Main Floor And 9 Ft Ceilings On The Second Floor And Basement, The Home Showcases Full-Height Custom Cabinetry Throughout The Kitchen And All Walk-In Closets (Approx. $130,000), A Chef's Kitchen With An Oversized Extended Island With Wine Fridge, Marble Countertops, And A Marble Fireplace Feature Wall. Upgraded Designer Lighting, Molding Ceilings, 6-Inch Crown Molding And Wall Molding On Both Main And Second Floors, Along With Owned Water Softener And Water Filtration Systems, Complete The Main Living Areas. The Upper Level Offers Four Well-Appointed Ensuite Bedrooms, Including A Primary Suite With A 6-Piece Ensuite And Integrated LED Feature Wall Lighting. The Finished Basement Features A Modern Wet Bar, Surround Sound Home Theatre, Fitness Area, Ample Storage, HRV System And 200 AMP Electrical Service. Located Within The Bayview Secondary School And Sixteenth Avenue Public School Boundaries, And Conveniently Close To GO Station, Highways 404/407, Parks, Transit, Shopping, And Dining.
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This detached home located at 48 Red Giant Street, Richmond Hill is currently for sale and has been available on SousaSells for 205 days. This property is listed at $2,488,000 with an estimated mortgage of $8,282* per month. It has 4 beds, 6 bathrooms, and is 3500-5000 square feet. 48 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.Yes! Featuring 4 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.
Growing families needing multi-bedroom flexibility and space in Observatory, Richmond Hill.
None listed
The current listing price for 48 Red Giant Street, Richmond Hill, ON in Observatory, Richmond Hill is $2,488,000.
This property features 4 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.
48 Red Giant Street, Richmond Hill, ON is a Detached (2-Storey) featuring a Finished basement.
Key property features include: Electric Car Charger, Fenced Yard, Library, Park, School, Public Transit.
Interior highlights include: Built-In Oven, Carpet Free, Auto Garage Door Remote.
Security features include: Alarm System, Security System.
Yes, this property offers parking space for 6.0 vehicles (Built-In).
Heating is provided via Gas and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 48 Red Giant Street W, Richmond Hill, ON L4C 4Y4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,488,000 in Richmond Hill, the legal minimum down payment is $497,600 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 $48,675 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 $48,675.
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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.