$2,989,000 - 218 Boake Trail, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed 3 days agoNeighbourhood: Bayview Hill
- MLS Number
- N13567824
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 7
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Richmond Hill
- Listing Brokerage
- BAY STREET GROUP INC.
Welcome to this luxurious 3-car garage home in the prestigious Bayview Hill community. Featuring over 5,000 sq. ft. of beautifully renovated living space, this exceptional home offers 5 spacious bedrooms, each with its own ensuite, and showcases over $600k in premium upgrades from top to bottom.The grand main floor boasts 9-foot ceilings, smooth ceilings throughout all levels, engineered hardwood flooring In Liv, Din, Study, Fam Rm On Main, and second floor, along with elegant ceramic tile in the foyer, hallway, and kitchen. A magnificent circular staircase beneath an oversized skylight creates a stunning first impression.Designed for both luxury and functionality, the family room features a custom designer TV feature wall with a modern fireplace. The gourmet European-inspired kitchen is equipped with quartz countertops and a full-height quartz backsplash, a large center island, premium built-in appliances, a cooktop, a stylish European-style range hood. The extensive renovation continues throughout the home with upgraded floor and vanity tiles, quartz vanity countertops, premium faucets and sinks, designer mirrors, and modern lighting fixtures, delivering a refined and contemporary aesthetic.The fully finished walk-out basement, approximately 2,000 sq. ft., offers incredible versatility, featuring a spacious recreation room, a full bathroom, and a self-contained 2-bedroom suite, ideal as an in-law suite or an excellent income-generating opportunity.Professionally landscaped front and back yards provide beautiful outdoor living spaces. Ideally situated within walking distance of parks and top-ranking schools, including Bayview Secondary School and Bayview Hill Elementary School, this exceptional home also offers quick access to Highways 404, 401, and Hwy7, the GO Station, Costco, banks, shopping, restaurants, and all essential amenities.A rare opportunity to own a truly turnkey luxury home in one of Richmond Hill's most prestigious neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$13,221.36/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Bayview Hill
Bayview Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bayview Hill
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bayview Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
218 Boake Trail, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $854/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.