501 Palmer Avenue, Richmond Hill, ON

$2,699,000
MLS#:N12476785
5 beds
5 baths
3500-5000 sqft
9.0 parking
Residential Freehold
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Description

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 $2,699,000 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.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 60 x 155 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Impeccably renovated luxury home in prestigious Bayview Hill! Features elegant stone exterior, interlock driveway W/ 3 Car garage. A grand foyer with skylight, wood staircase with iron pickets, and refined millwork set an impressive tone. Living & dining rooms showcase timeless detailing; main floor office overlooks the backyard; open-concept family room with fireplace connects to a bright sunroom and private landscaped yard. Windows and Roof replaced in 2017. 5 spacious bedrooms and 3 Bathrooms W/Fully Upgraded, Pro finished basement with bar & Home theatre, Steps to top schools, parks, plaza & easy access to Hwy 404/407. Move-in ready gem with timeless style and comfort!

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 5, 2025
Sold price information is available to members only
Listed Date10/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size60 × 155 Feet
CountyYork
Annual Tax$15,064
Legal DescriptionPCL 105-1, SEC 65M2658 ; LT 105, PL 65M2658 ; RICHMOND HILL

Parking & Garage

Parking Spaces9.0
Garage Spaces6
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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501 Palmer Avenue, Richmond Hill, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Bayview Hill, Richmond Hill.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$2,480,596

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

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

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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 501 Palmer Avenue, Richmond Hill, ON L4B 3B9

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.

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Financial Audit

Estimated Costs

Loan Amount$2,159,200
Monthly Mortgage$12,546
Property Tax (Est.)$1,255
Utilities & Maint.$350
Total Monthly Cost$14,151

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

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.