9398 Bayview Avenue, Richmond Hill

Price: $1,788,888

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Townhouse

MLS#: N13228026

Welcome to luxury living in the highly sought-after Observatory Hill. This exceptional 4BR end-unit townhome offers premium upgrades and a combination of elegant design, functional living, and income-generating potential.The ground floor features a private in-law suite complete with a walk-in closet, 4-piece bath, and a spacious family room enhanced by a linear fireplace-perfect for extended family, guests, or a private home office.The impressive main level showcases soaring 10-ft ceilings, wide-plank hardwood flooring throughout, pot lights, and oversized windows. The open-concept layout is anchored by a stunning chef's kitchen featuring premium Wolf, Sub-Zero, and Asko appliances. An oversized 10-foot waterfall island, matching full-height slab backsplash, generous dining area, and dedicated study nook. The elegant living room is centered around a cozy gas fireplace, creating a warm and inviting atmosphere. The upper level offers a luxurious primary retreat with soaring 11-foot ceilings, a walk-in closet, and a spa-inspired 7-piece ensuite featuring heated floors. Two additional generously sized bedrooms, a full bathroom, and a convenient upper-level laundry room. The basement has heated floors, upgraded oversized windows, and a blank canvas awaiting your personal touch. Step outside to enjoy a private composite fenced courtyard with no-maintenance turf. Adding tremendous value is the rare self-contained 1-bedroom coach house with a separate entrance, separate heating & ac, full kitchen, bathroom, and private balcony. Ideal for rental income, multi-generational living, a nanny suite, or a private workspace, this versatile space offers endless possibilities. Located within a top-ranked school district(Bayview S.S) and close to parks, trails, shopping, transit, and all amenities, this is a rare opportunity to own a truly upgraded home in one of Richmond Hill's most desirable communities.

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active
New Listing
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$1,788,888 - 9398 Bayview Avenue, Richmond Hill

Townhouse for Sale in Richmond Hill

New — Listed 4 days ago
5Beds
5Baths
3,500 - 3,999Sq Ft
Townhouse
Property Details
MLS Number
N13228026
Property Type
Townhouse
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
CITY PLUS REALTY INC.
Description

Welcome to luxury living in the highly sought-after Observatory Hill. This exceptional 4BR end-unit townhome offers premium upgrades and a combination of elegant design, functional living, and income-generating potential.The ground floor features a private in-law suite complete with a walk-in closet, 4-piece bath, and a spacious family room enhanced by a linear fireplace-perfect for extended family, guests, or a private home office.The impressive main level showcases soaring 10-ft ceilings, wide-plank hardwood flooring throughout, pot lights, and oversized windows. The open-concept layout is anchored by a stunning chef's kitchen featuring premium Wolf, Sub-Zero, and Asko appliances. An oversized 10-foot waterfall island, matching full-height slab backsplash, generous dining area, and dedicated study nook. The elegant living room is centered around a cozy gas fireplace, creating a warm and inviting atmosphere. The upper level offers a luxurious primary retreat with soaring 11-foot ceilings, a walk-in closet, and a spa-inspired 7-piece ensuite featuring heated floors. Two additional generously sized bedrooms, a full bathroom, and a convenient upper-level laundry room. The basement has heated floors, upgraded oversized windows, and a blank canvas awaiting your personal touch. Step outside to enjoy a private composite fenced courtyard with no-maintenance turf. Adding tremendous value is the rare self-contained 1-bedroom coach house with a separate entrance, separate heating & ac, full kitchen, bathroom, and private balcony. Ideal for rental income, multi-generational living, a nanny suite, or a private workspace, this versatile space offers endless possibilities. Located within a top-ranked school district(Bayview S.S) and close to parks, trails, shopping, transit, and all amenities, this is a rare opportunity to own a truly upgraded home in one of Richmond Hill's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,912.85/mo

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5-yr fixed avg.

Principal: $1,431,110Interest: $942,746
Mortgage Amount$1,431,110
Total Interest$942,746
Est. Property Tax$1,267/mo
Total Cost$2,373,856

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

9398 Bayview Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,630/mo
Range: $3,936 - $5,325
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,630
Maintenance Fees-$0
Property Tax (est.)-$1,267
Insurance (est.)-$373
Net Cash Flow+$2,990

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 $511/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.

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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.

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.

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    9398 Bayview Avenue, Richmond… — $1,788,888 | Battaglia Team