42 Baynards Lane, Richmond Hill

Price: $1,449,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13604290

Home is where the heart is, 42 Baynards Lane, a sun-drenched sanctuary tucked away in the coveted community of Heritage Estates - Mill Pond. Cherished by an original owner & lovingly cared for over the decades, this rare 3-bedroom, 3-bath residence has been thoughtfully transformed into an elegant, warm, and inviting retreat designed for a lifetime of memories.Step inside to a spacious, welcoming foyer that sets the tone for the main floor. Relax in the tranquil sunken living room after dinner, or gather with friends in the family room. Your mornings will feel effortless in the sunny breakfast room, while elevated architectural details-including updated windows, window & door casings, tall baseboards, and smooth flat-border ceilings with classic crown moulding-add a touch of timeless sophistication throughout. The heart of the home shines with recent upgrades, featuring premium KitchenAid stainless steel appliances, quartz countertops with undermount sink, newly painted, and beautifully refinished floors that enhance the home's natural light. Upstairs, generously sized bedrooms offer comfort for everyone, culminating in a serene primary suite complete with a spa-inspired ensuite, deep soaker tub, & separate walk-in shower & walk-in closet. Downstairs, the high & dry basement offers a large finished rec room alongside ample space to customize to your unique needs.Outside, spend warm afternoons on the sunny, south-facing deck surrounded by established perennial gardens for seamless outdoor entertaining. A double private driveway & two-car garage offer parking for six.Beyond your doorstep, enjoy top-tier schools (Pleasantville ES, Alexander Mackenzie HS - I B Program, and- St. Therese of Lisieux CHS - #1 rated, nearby walking trails, the Richmond Hill Centre for the Performing Arts, Mackenzie Health Hospital, & vibrant local shops & cafes along Yonge St.Easy access to major highways and transit, this isn't just a house-it's a place to love, grow, and truly call home.

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New Listing
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$1,449,000 - 42 Baynards Lane, Richmond Hill

Detached for Sale in Richmond Hill

New — Listed 2 days ago

Neighbourhood: Mill Pond

3Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13604290
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Home is where the heart is, 42 Baynards Lane, a sun-drenched sanctuary tucked away in the coveted community of Heritage Estates - Mill Pond. Cherished by an original owner & lovingly cared for over the decades, this rare 3-bedroom, 3-bath residence has been thoughtfully transformed into an elegant, warm, and inviting retreat designed for a lifetime of memories.Step inside to a spacious, welcoming foyer that sets the tone for the main floor. Relax in the tranquil sunken living room after dinner, or gather with friends in the family room. Your mornings will feel effortless in the sunny breakfast room, while elevated architectural details-including updated windows, window & door casings, tall baseboards, and smooth flat-border ceilings with classic crown moulding-add a touch of timeless sophistication throughout. The heart of the home shines with recent upgrades, featuring premium KitchenAid stainless steel appliances, quartz countertops with undermount sink, newly painted, and beautifully refinished floors that enhance the home's natural light. Upstairs, generously sized bedrooms offer comfort for everyone, culminating in a serene primary suite complete with a spa-inspired ensuite, deep soaker tub, & separate walk-in shower & walk-in closet. Downstairs, the high & dry basement offers a large finished rec room alongside ample space to customize to your unique needs.Outside, spend warm afternoons on the sunny, south-facing deck surrounded by established perennial gardens for seamless outdoor entertaining. A double private driveway & two-car garage offer parking for six.Beyond your doorstep, enjoy top-tier schools (Pleasantville ES, Alexander Mackenzie HS - I B Program, and- St. Therese of Lisieux CHS - #1 rated, nearby walking trails, the Richmond Hill Centre for the Performing Arts, Mackenzie Health Hospital, & vibrant local shops & cafes along Yonge St.Easy access to major highways and transit, this isn't just a house-it's a place to love, grow, and truly call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,409.42/mo

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5-yr fixed avg.

Principal: $1,159,200Interest: $763,625
Mortgage Amount$1,159,200
Total Interest$763,625
Est. Property Tax$1,026/mo
Total Cost$1,922,825

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: Mill Pond

Discover Mill Pond

Mill Pond 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 Mill Pond

  • 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

Mill Pond 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

42 Baynards Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$1,026
Insurance (est.)-$302
Net Cash Flow+$1,572

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 $725/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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.

About Mill Pond

I know Mill Pond well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    42 Baynards Lane, Richmond Hill | $1,449,000 | Battaglia Team