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Listed 4 months ago

7 Elderwood Drive

Bayview Hill, Richmond Hill

$3,895,000

Detached|2-Storey
5 | 6 | 10
About this home

Welcome to this exceptional detached residence in the prestigious Bayview Hill community, set on a premium pie-shaped lot widening to an impressive 90 feet at the rear. Nestled on a quiet street, this elegant home offers close to 5,000 sq ft of living space above ground with a thoughtfully designed layout and upscale finishes throughout, including extensive woodwork and wainscoting, hardwood flooring on the second floor, and marble and hardwood flooring on the main level. A grand double-door entry opens to a stunning foyer featuring a circular staircase and chandelier. The main floor boasts 9-ft ceilings, custom flooring, formal living and dining rooms with crown moulding, pot lights, and two gas fireplaces. The spacious family room overlooks a beautifully landscaped backyard oasis. The gourmet kitchen is equipped with a centre island, built-in stainless steel appliances, and a bright breakfast area with seamless views of the backyard-perfect for everyday living and entertaining. Private main-floor office with built-in cabinetry. Mudroom, and laundry add functionality and convenience. Upstairs features 5 generously sized bedrooms, all with ensuite access. The luxurious primary suite offers a spa-inspired 6-piece ensuite with glass shower, Jacuzzi, and double vanity. A fully finished basement with two staircases includes a large recreation area with wet bar, cedar room, additional bedrooms, and bathrooms. A separate in-law suite with its own kitchen, laundry, and separate entrance provides excellent flexibility and privacy. The backyard is a true retreat, complete with an in-ground salt pool, basketball court, stone BBQ, fire pit, and gazebo-ideal for entertaining, Located within top-ranking Bayview Hill Elementary and Bayview Secondary (IB Program), and just minutes to parks, shopping, and Hwy 404. Rare opportunity to own a luxury home in one of Richmond Hill's most sought-after neighborhoods.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$16,000
Lot Size67 ft x 155 ft
mls© NumberN13008734
Listed ByINTERNATIONAL REALTY FIRM, INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$19,936
Property tax
$1,333
Heat allowance
$150
Housing costs
$21,420 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $779,000
25-yr amortization

Income needed

$659,000

gross annual household income

Payment at 4%
$16,391 / mo
Cash down
$779,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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