For Sale

48 Old Park Lane, Richmond Hill, Ontario L4B 2L3

$6,980,000

48 Old Park Lane, Richmond Hill, Ontario L4B 2L3 is For Sale and has a listing price of 6,980,000. The property is located in the Richmond Hill . It's been on the website for 70 Days.

  • Detached
    Property Type
  • 6
    Bedrooms
  • 9
    Bathrooms
  • Parking
  • MLS ID: N12257668
  • Office Name SOTHEBY'S INTERNATIONAL REALTY CANADA
Property 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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: N12257668
  • Price: $6,980,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 244
  • Ref ID: N12257668
  • Approx Sqft: 5000 +
  • Dir / Cross St: Bayview/North Of 16
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
07/02/2025 N12257668 $6,980,000 For Sale - -
01/29/2025 N11944726 $7,658,000 Cancelled 07/02/2025 -
05/21/2024 N8356350 $7,980,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richmond Hill
  • $1,770,806 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 92 Median Days on Market
    based on 1 year
  • List vs. Selling Price 204.05 % Up
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    73.77%
  • Commercial
    5.18%
  • Condo
    20.84%
  • Land for Sale
    0.19%
  • Parking
    0.02%
Additional Details
  • Heat Type Other
  • Heat Source Y
  • Style 2-storey
  • Washroom Type1: 1
  • Heating System Y
  • Central Vac Y
  • Garage Type Attached
  • Parking Spaces: 10
  • Exterior Brick
  • Kitchen 2
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 6
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 5
  • Washrooms Type 4 # Pcs: 2
  • Washrooms Type 5 # Pcs: 3
  • Washrooms Type 2: 3
  • Washrooms Type 3: 1
  • Washrooms Type 4: 3
  • Washrooms Type 5: 1
  • Taxes: $36,483
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 02/07/2025 21:19:30
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