$7,288,000 - 105 Park Crescent, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed yesterday- MLS Number
- N13439036
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- EXP REALTY
A rare architectural estate set on a premium 75 x 200 ft ravine lot in Lake Wilcox, Richmond Hill. Designed by award-winning Prosun Architects, this extraordinary residence has been recognized with the Living Luxe Architectural Innovator Award and the International Design Awards (IDA) Silver Award, and has been featured on HGTV.Offering over 7,800 sq. ft. of luxurious living space, this custom-built home features 5+1 bedrooms, 7 bathrooms and a 5-car garage. Inspired by biophilic design, the residence seamlessly connects architecture and nature through soaring 22-ft ceilings, expansive curtain wall glazing, skylights, a dramatic glass floor bridge and a spectacular glass-enclosed interior courtyard with a mature tree and tranquil water feature.Natural stone, sculptural finishes, white oak and Taj Mahal Quartzite create a warm, sophisticated palette throughout. The chef's kitchen features a striking fluted quartzite island, premium appliances, butler's kitchen and pantry. The private primary retreat offers ravine views, balconies, a spa-inspired ensuite and exceptional dressing room.Designed for both entertaining and everyday living, the resort-style backyard features a heated saltwater pool, cabana, pergola, outdoor kitchen, pizza oven, fire lounge and professionally landscaped grounds overlooking the ravine.The 10-ft walk-up lower level includes a theatre, 750-bottle wine cellar, wet bar, recreation lounge, gym, infrared sauna, guest suite and direct backyard access. Complete with elevator, smart-home technology, integrated audio, radiant heating and premium mechanical systems, this is a truly one-of-a-kind residence where luxury, wellness and architecture converge.
Estimate your monthly payments for this property
Estimated Payment
$32,237.28/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Richmond Hill
Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Richmond Hill
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
105 Park Crescent, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1458/sqft, this property is priced above the Richmond Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.