28 Edmund Crescent, Richmond Hill

Price: $3,280,000

9 bedrooms, 6 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12894190

Welcome To This Gorgeous Detached Home Located On A Premium Lot In The Prestigious Bayview Hill Community On A Quiet Street. This 5,253 Sqft Residence Blends Timeless Luxury With Stylish Design. Double Front Door Opens Into The Grand Foyer Highlighted By Circular Staircase And Chandelier. 9ft Ceiling, Upgraded Custom Flooring, Formal Living And Dining Rooms With Crown Moulding, Pot Lights, Chandelier. The Spacious Family Room Features Fireplace And Serene Views Of The Landscaped Backyard. Open Kitchen Offers Centre Island And Built-in Appliances, Complemented By The Bright Breakfast Area With Its Own Chandelier. A Private Main-Floor Office With Built-In Bookcase And A Convenient Main-Floor Laundry Enhance Everyday Functionality. The 2nd Floor Presents An Efficient Layout With Circular Hallway, 5 Bedrooms, Sitting Area, And 3 Bathrooms, Including 2 Ensuites. The Expansive Primary Suite Showcases Tasteful Wallpaper And A Luxurious 6Pc Ensuite With A Frameless Glass Shower And Double Sink. 2 Staircases Lead To A Fully Finished Basement Featuring A Large Recreation Room With A Luxurious Wet Bar, A Cedar Wood Room, Home Theatre, Games Room, Bedroom, And 2 Additional Bathrooms. An Interlock Driveway Accommodates 4 Cars. The Beautifully Landscaped Backyard With Gas Line And In-Ground Pool(New Motor/chorine Filter) Creates A Private Retreat Perfect For Entertaining And Family Enjoyment. Convenient Sprinkler System, Newer Windows(Oct 2020), Roof(Jul 2024). Top Ranking Bayview Hill Elementary School And Bayview Secondary School(Ib Program). Close To Parks, Shopping, Restaurants, Costco, Hwy 404.

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$3,280,000 - 28 Edmund Crescent, Richmond Hill

Detached for Sale in Richmond Hill

88 days on market
9Beds
6Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12894190
Property Type
Detached
Status
active
Days on Site
88
Bedrooms
9
Bathrooms
6
Square Feet
5,000+ sqft
Neighbourhood
Richmond Hill
Listing Brokerage
SUPERSTARS REALTY LTD.
Description

Welcome To This Gorgeous Detached Home Located On A Premium Lot In The Prestigious Bayview Hill Community On A Quiet Street. This 5,253 Sqft Residence Blends Timeless Luxury With Stylish Design. Double Front Door Opens Into The Grand Foyer Highlighted By Circular Staircase And Chandelier. 9ft Ceiling, Upgraded Custom Flooring, Formal Living And Dining Rooms With Crown Moulding, Pot Lights, Chandelier. The Spacious Family Room Features Fireplace And Serene Views Of The Landscaped Backyard. Open Kitchen Offers Centre Island And Built-in Appliances, Complemented By The Bright Breakfast Area With Its Own Chandelier. A Private Main-Floor Office With Built-In Bookcase And A Convenient Main-Floor Laundry Enhance Everyday Functionality. The 2nd Floor Presents An Efficient Layout With Circular Hallway, 5 Bedrooms, Sitting Area, And 3 Bathrooms, Including 2 Ensuites. The Expansive Primary Suite Showcases Tasteful Wallpaper And A Luxurious 6Pc Ensuite With A Frameless Glass Shower And Double Sink. 2 Staircases Lead To A Fully Finished Basement Featuring A Large Recreation Room With A Luxurious Wet Bar, A Cedar Wood Room, Home Theatre, Games Room, Bedroom, And 2 Additional Bathrooms. An Interlock Driveway Accommodates 4 Cars. The Beautifully Landscaped Backyard With Gas Line And In-Ground Pool(New Motor/chorine Filter) Creates A Private Retreat Perfect For Entertaining And Family Enjoyment. Convenient Sprinkler System, Newer Windows(Oct 2020), Roof(Jul 2024). Top Ranking Bayview Hill Elementary School And Bayview Secondary School(Ib Program). Close To Parks, Shopping, Restaurants, Costco, Hwy 404.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,508.55/mo

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5-yr fixed avg.

Principal: $2,624,000Interest: $1,728,564
Mortgage Amount$2,624,000
Total Interest$1,728,564
Est. Property Tax$2,323/mo
Total Cost$4,352,564

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.

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Neighbourhood Guide: Richmond Hill

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

28 Edmund Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,800/mo
Range: $5,780 - $7,820
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,800
Maintenance Fees-$0
Property Tax (est.)-$2,323
Insurance (est.)-$683
Net Cash Flow+$3,794

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $656/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 88 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 9 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 6 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.

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    28 Edmund Crescent, Richmond… — $3,280,000 | Battaglia Team