$2,850,000 - 152 Olde Bayview Avenue, Richmond Hill
Detached for Sale in Richmond Hill
42 days on market- MLS Number
- N13099452
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
BRAND NEW CUSTOM EXECUTIVE HOME, PROUDLY SET ON A 150' LOT IN THE HIGHLY DESIRED LAKE WILCOX COMMUNITY. This Sophisticated 4+2 bedroom, 5 bathroom home offering an incredible layout full of upgraded features & finishes is perfect for family living & entertaining. Chef's dream kitchen w/Custom cabinetry, porcelain counters/backsplash, Top of the Line Appliances, w/i pantry/servery & w/o to deck. Main Floor Office with b/in cabinetry, open concept family room, elegant living/formal dining rooms. Floating staircase with glass panels & lit risers. Hardwood & Porcelain floors,crown moulding, gas&electric fireplaces & potlights throughout.Primary bedroom suite w/Stylist's w/i closet,& luxurious spa-like ensuite.Gorgeous Coffered ceilings. Convenient 2nd floor laundry. 10-14' main floor& 9' upper&lower level ceilings, 8' solid doors.Smooth ceilings on all 3 floors. Heated floors in primary ensuite,powder room & lower level bathroom.Amazing finished lower level with rec room w/wetbar, gym, bedroom, bathroom, open showcase wine rack, 2nd laundry,cold room & separate entrance.Walk to vibrant & revitalized Lake Wilcox Park & Community Centre.Trails for walking/biking,Volleyball & Tennis, Beach, Picnic Area, Canoe/Kayaking & more! Close to amenities, Golf Courses, Go Station&Highway for easy commuting. Inclusions: All electric light fixtures, Top of the Line Jennair appliances incl: Main Kitchen:b/in oven,side-by-side Refrigerator,gas rangetop,b/in microwave oven w/speed-cook, b/in dishwasher). Servery:Bosch dishwasher & Jennair electric cooktop. Wetbar w/built-in dishwasher. LG frontload washer&dryer, organizers in closets, central air conditioner, central vacuum, 2 garage door openers & remotes (wifi garage opening system as well). Rough-ins for: gas BBQ, security (window and door connections) & cameras, EV Charger, generator, cat-wiring,b/in speakers.200 amp service. Smart CREST lighting and sound system. Composite deck with undermount lighting. Inground Sprinkler System.
Estimate your monthly payments for this property
Estimated Payment
$12,606.51/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.
152 Olde Bayview Avenue, 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
Fair Market Value
At $814/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 3,500 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 5 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 5 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.