48 Old Park Lane
Bayview Hill, Richmond Hill
$7,658,000
Buy with Dwelly and Save $76,580
Home Details
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Listing Description
Introducing the crown jewel of Bayview Hill now available for the discerning few. Set on the most prestigious street in the neighbourhood, this exquisite estate, originally built by the developer as their personal residence, blends timeless European elegance with modern luxury. Situated on a sprawling, fan-shaped lot, the gated mansion offers breathtaking views of Richmond Hill, Markham, Toronto, and beyond. Every detail of this home exudes sophistication, from its ultra-luxurious custom finishes to its meticulously landscaped grounds, ensuring total privacy. The expansive outdoor space includes a 50-foot in-ground pool, multiple gazebos, rock gardens, fountains, and an outdoor kitchen with a pizza oven creating the perfect setting for both relaxation and grand entertaining. Spanning over 8,000 square feet of living space, this estate features 5+1 bedrooms, grand rooms with 10-foot ceilings, and five fireplaces. Multiple walkouts lead to a stunning stone terrace that overlooks the grounds, offering seamless indoor-outdoor living. At the heart of the home is a striking bifurcated staircase set within a 24-foot-high barrel-vaulted marble foyer, an architectural masterpiece. The sun-drenched solarium with Mexican tile and underfloor heating adds warmth and elegance, while a private hot tub invites ultimate relaxation. The lower level is an entertainers dream, with a media room, billiard room, grotto-style wine cellar, steam room, and a full kitchen opening to the garden-ideal for hosting unforgettable gatherings. The 4-car climate-controlled garage, complete with a car hoist, ensures convenience and luxury. The primary suite offers dual bathrooms, two dressing rooms, and a private studio space. Recent upgrades, including geothermal heating and cooling, ensure comfort and efficiency. Located in one of the GTAs top school districts, with Bayview Hill and Bayview High nearby, this exceptional estate offers the ultimate in luxury living. Seeing 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 |
|---|---|---|---|---|---|
| May 21, 2024 | 153 | $7,980,000 | N/A | Expired | N8356350 |
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 40793
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $7658000 |
| Down Payment | $1531600 |
| Mortgage Insurance | $0 |
| Total Mortgage | $6126400 |
Monthly Payment
| Mortgage Payment | $37752 |
| Property Taxes | $3040 |
| Maintenance Fees | $0 |
| Monthly Payment | $40793 |
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 $7,658,000 on Mon Mar 24 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#: N11944726 · $7,658,000 · 5 bedroom house in Bayview Hill, Richmond Hill