48 Old Park Lane
Bayview Hill, Richmond Hill
$6,980,000
Buy with Dwelly and Save $69,800
Home Details
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Listing Description
Introducing the crown jewel of Bayview Hill now available to the most discerning buyers. Set on the most prestigious street in the neighbourhood, this extraordinary estate, originally built by the developer as their personal residence, seamlessly blends timeless European charm with modern luxury. Perched on a rare fan-shaped lot, the gated property offers sweeping views across Richmond Hill, Markham, Toronto, and beyond. Every inch of this home radiates elegance, from the ultra-high-end custom finishes to the professionally landscaped, ultra-private grounds. Outdoors, enjoy a 50-foot in-ground pool, multiple gazebos, tranquil rock gardens, fountains, and a full outdoor kitchen with pizza oven ideal for both entertaining and relaxation. With over 8,000 sq. ft. of finished living space, the residence includes 5+1 bedrooms, soaring 10-foot ceilings, five fireplaces, and multiple walkouts leading to a grand stone terrace. The centerpiece is a dramatic bifurcated staircase in a 24-foot-high barrel-vaulted marble foyer an architectural showpiece. A sun-filled solarium with Mexican tile and heated floors adds comfort and character, while the private hot tub offers the perfect retreat. The lower level is designed for entertaining, featuring a media room, billiards room, grotto-inspired wine cellar, steam room, and full kitchen with garden walkout. A 4-car climate-controlled garage with a car hoist caters to automobile enthusiasts. The opulent primary suite includes dual bathrooms, two walk-in dressing rooms, and a private studio. Upgrades such as geothermal heating and cooling bring efficiency to luxury. Located in one of the GTAs top school districts, close to Bayview Hill Elementary and Bayview Secondary, this home represents the pinnacle of elegant suburban living. A rare offering seeing truly is believing.
**EXTRAS** Please note, that a top notch extensive geothermal heating/cooling system was installed. See attached inclusions list.
City: Richmond Hill
Neighborhood: Bayview Hill
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jan 27, 2025 | 156 | $7,658,000 | N/A | Terminated | N11944726 |
| May 21, 2024 | 153 | $7,980,000 | N/A | Expired | N8356350 |
| Sep 18, 2006 | 182 | $2,490,000 | $2,298,000 | Sold | N990123 |
| Jul 12, 2003 | 110 | $2,180,000 | N/A | Expired | N294186 |
| Feb 12, 2003 | 138 | $2,080,000 | N/A | Expired | N197977 |
| Mar 1, 2002 | 348 | $2,280,000 | N/A | Terminated | TK7584 |
Rooms
Room dimensions for 48 Old Park Lane, Richmond Hill
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 48 Old Park Lane is 37450
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $6980000 |
| Down Payment | $1396000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $5584000 |
Monthly Payment
| Mortgage Payment | $34410 |
| Property Taxes | $3040 |
| Maintenance Fees | $0 |
| Monthly Payment | $37450 |
Sold Comparables
Sold Comparables homes near 48 Old Park Lane, Richmond Hill
About 48 Old Park Lane, Richmond Hill
Located at 48 Old Park Lane , this Richmond Hill house is available for sale. This property was listed for $6,980,000 on Thu Jul 03 2025. This house's size is 5000 + Sqft. It has 5 bedrooms and 9 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Family, Library, Solarium, Primary, 2nd Br, 3rd Br, 4th Br, 5th Br, Family. This property comes with 14 parking spots. 48 Old Park Lane, Richmond Hill is situated in the Bayview Hill neighbourhood.
MLS#: N12257668 · $6,980,000 · 5 bedroom house in Bayview Hill, Richmond Hill