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Listed 11 days ago

1 Elderwood Drive

Bayview Hill, Richmond Hill

$2,488,800

Detached|2-Storey
5 | 4 | 11
About this home

This stunning five-bedroom home offers exceptional comfort and privacy in the Prestigious Bayview Hill Neighborhood! Elegant crystal chandeliers and recessed pot lights illuminate the interior, while hardwood flooring flows seamlessly throughout. With First and Second Floor having 4,041 Sqft of spacious space and an Unfinished Basement of 2032 sqft that awaits your customization! The custom-designed kitchen features premium cabinetry, granite countertops, and high-end stainless steel appliances ideal for both everyday living and entertaining. Step outside to a professionally landscaped garden, complete with a spacious deck and a beautifully crafted stone patio. Conveniently located just steps from a charming park, top-rated schools, shopping plazas, and public transit.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$14,191
Lot Size66.56 ft x 148.65 ft
mls© NumberN13601886
Listed ByMAPLE LIFE REALTY 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%
$12,739
Property tax
$1,183
Heat allowance
$150
Housing costs
$14,071 / mo

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

Down payment20% · $497,760
25-yr amortization

Income needed

$433,000

gross annual household income

Payment at 4%
$10,473 / mo
Cash down
$497,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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