48 Old Park Lane, Richmond Hill, ON

$5,988,000
MLS#:N12964190
6 beds
9 baths
5000 + sqft
14.0 parking
Residential Freehold
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Added:Apr 7, 2026(144 days ago)
Updated:Jul 24, 2026(36 days ago)
Last Checked:8 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bayview Hill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $5,988,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 9 Bathrooms with 2 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 160 x 244 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, In-Law Capability
  • equipped with other central cooling and highly efficient forced air heating via ground source

Description

Welcome to The Pinnacle at Old Park Lane... a landmark estate, set on almost one acre of lush grounds atop one of the highest natural elevations in Southern Ontario.This is not just a home - it is a vision realized. Designed and built by a renowned builder as his own personal residence, every detail reflects uncompromising craftsmanship, timeless design, and enduring prestige.From the moment you arrive, the estate makes a statement. A grand circular motor court with a signature fountain creates an unforgettable first impression, setting the stage for the elegance that awaits within.Inside, expansive principal rooms are framed by soaring ceilings, intricate millwork, and sun-filled spaces that flow effortlessly for both entertaining and everyday living. The chef's kitchen, fitted with bespoke cabinetry and professional-grade appliances, opens to the family room with sweeping views of the skyline beyond.The private quarters upstairs offer serenity and comfort, with a luxurious primary suite featuring a spa-inspired ensuite and walk-in dressing room. Additional bedrooms provide generous space for family and guests alike.On the lower level, lifestyle continues with versatile areas for recreation, fitness, and relaxation-designed for modern living at its finest.Outdoors, The Pinnacle reveals its crown jewel: a resort-inspired retreat. A sparkling in-ground pool, multiple terraces, and manicured gardens offer a sanctuary for both intimate evenings and grand celebrations, all set against breathtaking vistas of the city skyline.Set on nearly one acre of beautifully landscaped land in one of Richmond Hill's most prestigious enclaves, The Pinnacle at Old Park Lane stands as a rare opportunity-a residence where setting, design, and lifestyle converge at the very highest level.This is elevated living.This... is The Pinnacle at Old Park Lane.A world of magnificence awaits.

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Property Summary

This detached home located at 48 Old Park Lane, Richmond Hill is currently for sale and has been available on SousaSells for 144 days. This property is listed at $5,988,000 with an estimated mortgage of $19,932* per month. It has 6 beds, 9 bathrooms, and is 5000 + square feet. 48 Old Park Lane, Richmond Hill is in the Bayview Hill neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 6 bedrooms and 9 bathrooms, this home offers ample space and comfort for growing families in Bayview Hill, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • •6 spacious bedroom layout offering versatile living space
  • •9 well-appointed bathrooms
  • •5000 + sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Bayview Hill, Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
6
Bathrooms
9
Kitchens
2
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedApr 7, 2026 (144 days ago)
UpdatedJul 24, 2026 (36 days ago)
Last Checked8 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size160 × 244 Feet
CountyYork
Annual Tax$36,482.83
Legal DescriptionPCL 133-1, SEC 65M2486 ; LT 133, PL 65M2486 ; S/T LT372935 RICHMOND HILL

Parking & Garage

Parking Total14.0
Parking Space10
Garage TypeAttached

Heating & Cooling

Heat SourceGround Source
Heat TypeForced Air
CoolingOther

Features

Property Features

  • Fenced Yard
  • Rec./Commun.Centre
  • Cul de Sac/Dead End

Interior Features

  • Auto Garage Door Remote
  • Central Vacuum
  • In-Law Capability
  • Sauna
  • Steam Room
  • Separate Heating Controls

Security Features

  • Alarm System
  • Security System

Community Features

None listed

Frequently Asked Questions about 48 Old Park Lane, Richmond Hill, ON

Q.What is the asking price for 48 Old Park Lane, Richmond Hill, ON ?

The current listing price for 48 Old Park Lane, Richmond Hill, ON in Bayview Hill, Richmond Hill is $5,988,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 6 bedrooms and 9 bathrooms across approximately 5000 + sqft.

Q.What property type and architectural style is 48 Old Park Lane, Richmond Hill, ON ?

48 Old Park Lane, Richmond Hill, ON is a Detached (2-Storey) featuring a Finished with Walk-Out basement.

Q.What key property features does 48 Old Park Lane, Richmond Hill, ON offer?

Key property features include: Fenced Yard, Rec./Commun.Centre, Cul de Sac/Dead End.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Central Vacuum, In-Law Capability, Sauna, Steam Room, Separate Heating Controls.

Q.What security features are installed at 48 Old Park Lane, Richmond Hill, ON ?

Security features include: Alarm System, Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 14.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Ground Source and cooling via Other.

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Location

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48 Old Park Lane, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Bayview Hill, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents45 incidents / yr
Average Per Month3.8 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

9 assaults (45.0/100k)

Property Security
Low

10 B&E (40.0/100k)

Auto Theft Risk
Low Risk

16 thefts (45.0/100k)

1-Year Trend
â–¼ 6.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 48 Old Park Lane, Richmond Hill, ON L4B 2L3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,796,400 (30.0%)
* Minimum Canadian down payment required for this price is $1,197,600.
Amortization Period30 Years
Estimated Monthly Payment$19,932Based on a loan of $4,191,600 over 30 years.
Purchase Price$5,988,000
Loan Amount$4,191,600
Provincial Land Transfer Tax:$136,175
Total Estimated Closing Taxes:$136,175

About Purchasing a Home in Richmond Hill, ON

For a property listed at $5,988,000 in Richmond Hill, the legal minimum down payment is $1,197,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $136,175 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $136,175.

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Bayview Hill, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bayview Hill, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$2,914,745

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Bayview Hill, Richmond Hill

Elementary Schools

Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0
Christ the King
Public329 Valleymede Drive, Richmond Hill, Ontario, L4B 2E1
8.9
Silver Stream
PublicSilver Stream Avenue, Richmond Hill, Ontario, L4S 0A1
9.3
Walter Scott
Public500 Major MacKenzie Drive East, Richmond Hill, Ontario, L4C 1J2
3.9

Secondary Schools

Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9

Bayview Hill, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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