28 Edmund Crescent, Richmond Hill

Price: $2,688,000

6 bedrooms, 6 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13698092

This magnificent 5253 sf luxury residence offers exceptional space, elegance & comfort. The 5bdrm 4 ensuite home welcomes you through grand double entry doors into a dramatic foyer highlighted by graceful circular staircase & stunning crystal chandelier. 9' ceilg on G/F & upgraded custom flooring throut. Gourmet kitchen with granite countertops overlooks the sun-filled breakfast area, offering picturesque views of the beautifully landscaped backyard & luxurious swimming pool. Separate entrance bsmt featuring spacious recrm, upscale wet bar, theatre, cedar rm, games rm, bdrm & two baths. Professionally landscaped backyard with swimming pool enhanced by new pool motor & chlorine filtration sys. Private outdoor oasis provides the perfect setting for relaxation & entertaining. This exceptional property falls within the boundaries of Bayview Hill P.S, Bayview S.S & Thornlea S.S-making it an outstanding choice for families seeking luxury living combined with access to top-ranked education.

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active
New Listing
1/50

$2,688,000 - 28 Edmund Crescent, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 3 days ago

Neighbourhood: Bayview Hill

6Beds
6Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13698092
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
6
Bathrooms
6
Square Feet
5,000+ sqft
Neighbourhood
Richmond Hill
Listing Brokerage
KW Living Realty
Description

This magnificent 5253 sf luxury residence offers exceptional space, elegance & comfort. The 5bdrm 4 ensuite home welcomes you through grand double entry doors into a dramatic foyer highlighted by graceful circular staircase & stunning crystal chandelier. 9' ceilg on G/F & upgraded custom flooring throut. Gourmet kitchen with granite countertops overlooks the sun-filled breakfast area, offering picturesque views of the beautifully landscaped backyard & luxurious swimming pool. Separate entrance bsmt featuring spacious recrm, upscale wet bar, theatre, cedar rm, games rm, bdrm & two baths. Professionally landscaped backyard with swimming pool enhanced by new pool motor & chlorine filtration sys. Private outdoor oasis provides the perfect setting for relaxation & entertaining. This exceptional property falls within the boundaries of Bayview Hill P.S, Bayview S.S & Thornlea S.S-making it an outstanding choice for families seeking luxury living combined with access to top-ranked education.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,889.93/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,150,400Interest: $1,416,579
Mortgage Amount$2,150,400
Total Interest$1,416,579
Est. Property Tax$1,904/mo
Total Cost$3,566,979

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.

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Neighbourhood Guide: Bayview Hill

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

28 Edmund Crescent, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,600/mo
Range: $4,760 - $6,440
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,600
Maintenance Fees-$0
Property Tax (est.)-$1,904
Insurance (est.)-$560
Net Cash Flow+$3,136

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $538/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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 5,000 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 6 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 6 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.

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    28 Edmund Crescent, Richmond Hill | $2,688,000 | Battaglia Team