21 Palace Court, Richmond Hill, ON

$2,689,000
MLS#:N13178316
7 beds
6 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,689,000 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.

  • 7 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 33.07 x 126.75 ft lot
  • Features a walk-out, finished, finished with walk-out, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Prestigiously Positioned At The Centre Of A Quiet Cul-De-Sac In Richmond Hill, 21 Palace Court Presents A Rare Opportunity To Own A Premium Ravine Estate Surrounded By Lush Forest Views, Exceptional Privacy, And Tranquil Natural Beauty. This Bright And Spacious Residence Welcomes You Through A Grand Double Door Entry Into A Stunning 2-Storey Open-To-Above Foyer Featuring A Statement Chandelier, Elegant Circular Oak Staircase, Dramatic 21-Foot Skylit Atrium, And 9' Ceilings Across The Main Floor.Thoughtfully Designed For Large Or Multi-Generational Living, This Exceptional Home Offers 7 Bedrooms, 4 Ensuites, A Dedicated Main Floor Office, And An Ideal In-Law Suite Configuration. Two Chef's Kitchens - Including A Walk-Out Lower Level Kitchen - Create Endless Possibilities For Entertaining, Extended Family Living, Or Private Guest Accommodations.The Walk-Out Lower Level Seamlessly Extends The Living Experience Outdoors, Immersing You In The Serenity Of The Ravine Setting With Direct Access To The Patio, Pond, And Beautifully Illuminated Forest Landscape. Whether Enjoying Quiet Mornings Surrounded By Nature Or Hosting Gatherings In A Resort-Like Backyard Atmosphere, This Home Delivers A Rare Blend Of Luxury, Warmth, And Functionality.Complete With A Natural Gas BBQ Hookup And Set Within One Of Richmond Hill's Most Prestigious Cul-De-Sac Communities, 21 Palace Court Is A Truly Exceptional Offering For Those Seeking Space, Privacy, And Refined Family Living.

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Key Features

Bedrooms
7
Bathrooms
6
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 9, 2026
Sold price information is available to members only
Listed Date5/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementWalk-Out, Finished, Finished with Walk-Out, Apartment
Lot Size33.07 × 126.75 Feet
CountyYork
Annual Tax$13,111
Legal DescriptionPLAN 65M3032 LOT 11

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Clear View, Park, Wooded/Treed, Ravine, Public Transit

Interior Features

Auto Garage Door Remote, Built-In Oven, Guest Accommodations, In-Law Capability, In-Law Suite

Security Features

Alarm System, Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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21 Palace Court, Richmond Hill, ON
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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 21 Palace Court, Richmond Hill, ON L4B 4C3

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.

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Interest Rate5.25%
Down Payment$537,800 (20.0%)
* Minimum Canadian down payment required for this price is $537,800.
Amortization Period25 Years
Estimated Monthly Payment$12,819Based on a loan of $2,151,200 over 25 years.
Purchase Price$2,689,000
Loan Amount$2,151,200
Provincial Land Transfer Tax:$53,700
Total Estimated Closing Taxes:$53,700

About Purchasing a Home in Richmond Hill, ON

For a property listed at $2,689,000 in Richmond Hill, the legal minimum down payment is $537,800 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 $53,700 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 $53,700.

Nearby Listings

Distance:

No current listings found in Richmond Hill.

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City & Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,402,103

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%

Local Schools Guide

Elementary Schools

Christ the King
Public329 Valleymede Drive, Richmond Hill, Ontario, L4B 2E1
8.9
Doncrest
PublicRichmond Hill, Ontario
8.3
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
Red Maple
Public155 Red Maple Road, Richmond Hill, Ontario, L4B 4P9
6.7
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5

Secondary Schools

Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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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.