48 Old Park Lane

Richmond Hill | Bayview Hill | L4B 2L3
  • 5 + 1
  • 9
  • 0

$7,980,000

Est. Mtg $27,058 /mo
  • Days on market

    133

  • Status

    New

Listing Broker SOTHEBY`S INTERNATIONAL REALTY CANADA
Since listed: 2 views

Home details

MLS #:

N8356350

Property type:
Detached
Style:
2-Storey
Taxes:
$35,251
Possession:
90 days or TBA
Lot Front:
63.36   Feet
Lot Depth:
244.0   Feet
Basement:
Fin W/O |
Driveway Pkg:
10
Heat:
Grnd Srce | Heat Pump

Description


48 Old Park Lane, , Richmond Hill, Ontario is a Detached property in Richmond Hill and in the Bayview Hill community in the L4B 2L3 postal code


"The crown jewel of Bayview Hill" is finally available. Situated on the best lot of the most prestigious street in the neighbourhood and built by the developer as their own home, this magnificent, gated mansion of classic European design overlooks Richmond Hill, Markham, Toronto & beyond. With ultra-luxurious custom finishes, immaculate grounds & mature landscaping that provides a feeling of complete privacy, this is like having your own private resort. The fan shaped lot widens at the rear and has many outdoor zones including a 50 foot long in-ground concrete pool, gazebos, rock gardens, fountains and an outdoor BBQ area with pizza oven. With over 8000 square feet above grade + a fully finished walk-out lower level, this home consists of 5+1 bedrooms, grand scale rooms with 10 ft. Ceilings, 5 gas fireplaces & multiple walkouts from the main floor to a magnificent stone terrace that overlooks the grounds. The main feature of the home is a central bifurcated staircase set into a 24' high barrel-vaulted marble foyer. The Mexican tiled light-filled solarium with underfloor heating & hot tub marries inside & out. The lower level features a media room, billiard room, grotto style wine cellar, steam room & lower-level kitchen that connects to the rear garden, making this home the ideal place to host your summer garden parties. The 4-car built-in garage is heated and cooled and includes a car hoist. The primary suite has his & her bathrooms, two dressing rooms & a secluded private studio space. Meticulously maintained both inside and out one of many recent upgrades includes geothermal fully modernized heating and cooling systems. Nothing compares to the feeling of driving down old park lane to the cul-de-sac at the end of the boulevard and entering your own gated sanctuary. This is truly luxurious living with a world class address and seeing is believing! **catchment area to one of the best elementary & high schools in the GTA, (Bayview Hill and Bayview High) **.

Extras

50 ' in ground concrete pool, geothermal heating, wine cellar, steam room (.89 acre lot).Catchment area to one of the best elementary & high schools in the GTA, (Bayview Hill and Bayview High).


History

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List Date End Date List Price End Price Status MLS #
2024-05 2024-06 $7,980,000 $7,980,000 New N8356350

Comparables

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sold Date Address List Price sold Price DOM
2024-08 487 Palmer Ave, $1,999,000 $2,100,000 23
2024-08 8 Kingmount Cres, $2,799,000 $2,650,000 7
2024-08 68 Boake Tr, $2,888,000 $3,368,000 16
2024-08 9 Delevan Crt, $3,198,000 $3,153,000 40
2024-07 27 Hillsborough Crt, $2,388,000 $2,550,000 8
2024-07 22 Edmund Cres, $3,188,000 $3,110,000 31
2024-07 10 Old Park Lane, $3,488,000 $3,430,000 81
2024-06 5 Dalewood Dr, $3,528,000 $3,300,000 20
2024-05 3 Old Park Lane, $2,280,000 $2,508,000 15
2024-05 162 Boake Tr, $3,180,000 $3,018,888 38
2024-05 96 Spadina Rd, $2,360,000 $2,660,000 13
2024-04 48 Highview Cres, $2,690,000 $2,577,000 0
2024-04 10 Dunloe Rd, $2,840,000 $2,836,000 7
2024-04 90 Boake Tr, $2,888,888 $3,225,000 63
2024-04 15 Delevan Crt, $3,500,000 $3,750,000 8

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Richmond Hill :

Properties sold

96

Average sale price

$2,165,047

New Listings

283

Year on Year Growth

-2.83%

Municipality activity All Property Types

Sale activity

Richmond Hill :

Average sale price

$1,550,498

Properties sold

197

New Listings

563

Days on Market

15

Sale $ / List $

105%

Year on Year Growth

-3.68%


Sale Chart - Detached

Richmond Hill Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 48 Old Park Lane

Based on available 3rd party data

$30131

Approximate costs per month

Mortgage
$27058 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$2937 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Cul De Sac
  • Fenced Yard
  • Rec Centre
Listing Broker SOTHEBY`S INTERNATIONAL REALTY CANADA
Data Source: TRREB

Payment calculator

$29996 monthly. In association with: TD Bank
%
  • Principal and Interest
    27058 /mo
  • Property Taxes
    $2937 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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