49 Pearson Avenue, Richmond Hill, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,168,800 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 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 100.06 x 71.62 ft lot
- Features a finished 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: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience the epitome of luxury in prestigious South Richvale! Nestled amongst multi-million dollar estates, this stunning residence has been meticulously renovated from top to bottom with no expense spared. Step inside to find a home that radiates sophistication, featuring a custom chef's kitchen with top-of-the-line appliances, gleaming engineered hardwood floors, a modern staircase, and elegant pot lights throughout. The designer bathrooms have been crafted to exude spa-like comfort. A standout feature is the professionally finished basement with a separate entrance-offering a perfect turnkey in-law suite or high-potential income generator. Unlike typical basements, this space boasts 2 spacious bedrooms, 2 full modern bathrooms, a full kitchen, and private laundry. Located in an exclusive, family-friendly neighborhood just minutes from top-rated schools, parks, and transit. A rare opportunity to own a fully upgraded masterpiece!
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Pricing & Value Insights
Data-driven valuation for 49 Pearson Avenue, Richmond Hill, ON L4C 6T3
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $2,168,800 in Richmond Hill, the legal minimum down payment is $433,760 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 $40,695 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 $40,695.
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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.