8501 Bayview Avenue, Richmond Hill, ON

$599,000
MLS#:N12934070
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $599,000 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1200-1399 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

An exceptional and rarely available South West residence offering one of the largest and most coveted layouts in the building. This stunning suite delivers an unparalleled combination of scale, natural light, and versatility featuring a highly desirable split 2 bedroom plus oversized den layout, 2 full bathrooms, and over 1200 sq. ft. of refined interior living space, complete with a private balcony.Wrapped in expansive windows, this home is flooded with natural sunlight from morning through late afternoon, creating a bright, uplifting atmosphere throughout. The grand open-concept living and dining areas offer a sophisticated yet comfortable setting-perfectly suited for both everyday living and elegant entertaining.The spacious kitchen, complemented by a dedicated breakfast area, provides abundant workspace and storage, making it as functional as it is inviting.The primary bedroom is a peaceful retreat, featuring a walk-in closet and a full ensuite bathroom. Enhancing the home's practicality is a separate, oversized laundry room offering storage capacity rarely found in condominium living.This unit also includes two parking spaces, a highly valuable and increasingly rare convenience.The building is undergoing significant upgrades, including a beautifully renovated lobby and hallways, exterior enhancements, and balcony refurbishments further elevating both lifestyle and long term value. Maintenance fees are all-inclusive, covering utilities, cable TV, and internet, ensuring ease and predictability in ownership.Residents enjoy a resort style living experience with premium amenities, including 24-hour concierge service, an indoor pool, fitness centre, sauna, squash and tennis courts, a party/meeting room, and ample visitor parking.Ideally located just minutes from shopping, transit, Highways 7, 404 & 407, Mackenzie Health, top rated school. Note: Upon completion of the special assessment, monthly maintenance fees will be reduced by $214.53.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date3/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyYork
Annual Tax$2,557.42

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Park, Place Of Worship, Public Transit, School

Interior Features

Other

Security Features

Concierge/Security

Community Features

Location

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8501 Bayview Avenue, 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 8501 Bayview Avenue 1002, Richmond Hill, ON L4B 3J7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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.

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Interest Rate5.25%
Down Payment$34,900 (5.8%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period25 Years
Estimated Monthly Payment$3,362Based on a loan of $564,100 over 25 years.
Purchase Price$599,000
Loan Amount$564,100
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Richmond Hill, ON

For a property listed at $599,000 in Richmond Hill, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

Nearby Listings

Distance:

No current listings found in Richmond Hill.

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City & Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,348,060

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%

Local Schools Guide

Elementary Schools

Christ the King
Public329 Valleymede Drive, Richmond Hill, Ontario, L4B 2E1
8.9
Doncrest
PublicRichmond Hill, Ontario
8.3
Red Maple
Public155 Red Maple Road, Richmond Hill, Ontario, L4B 4P9
6.7
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0

Secondary Schools

Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5

Homes & Housing

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.