8 Elmsley Dr
Observatory, Richmond Hill, Ontario L4C 8N1
- Bedrooms
- 4+2
- Bathrooms
- 4
- Size
- 2,500–3,000sq ft
- Per sq ft
- $578at the range’s middle
- Lot
- 47.87 x 103 ft
- Tax a year
- $7,8792025 tax year
- Parking
- 62 built-in
- Days on market
- Members
The brief
About 8 Elmsley Dr
8 Elmsley Dr is a 4+2-bedroom, 4-bathroom detached house in Observatory, Richmond Hill, listed for sale at an asking price of $1,588,800 (MLS® N13845102).
4+2 bedroom, 4 bathroom home offers a functional layout in a highly sought-after Richmond Hill neighborhood. Close to Bayview Secondary School, parks, and many quality homes. Features include hardwood flooring, a bright family room with a wood-burning fireplace, and a spacious kitchen. The second floor offers generously sized bedrooms, including a large primary bedroom with a sitting area. The finished basement includes 2 bedrooms, a kitchen, and a bathroom, providing additional living space. The private backyard offers room to relax, garden, or entertain. A great opportunity in an established family-friendly neighborhood.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall21/100−$3,106/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 detached homes with 6 bedrooms for lease in Richmond Hill right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,879 / 2025
- MLS® number
- N13845102
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 47.87 x 103 ft
- Listed on
- Parking
- 2 Built-In, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Observatory
- Municipality
- Richmond Hill
Building
- Size
- 2500-3000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+2
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc 2nd, 1 × 5pc 2nd, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Built-In
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 47.87 ft
- Depth
- 103 ft
- Lot Size
- 47.87 x 103 ft
Additional
- Foundation
- Other
- Roof
- Other
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- 2 Fridges, 2 Stoves, Microwave, Dishwasher, Washer & Dryer, All California Shutters, All Light Fixtures.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.65 × 3.36 m | hardwood floor, Combined W/Dining, Bay Window | Main |
| Dining | 4.26 × 3.36 m | hardwood floor, Combined W/Living, O/Looks Backyard | Main |
| Family | 5.5 × 3.64 m | hardwood floor, Pot Lights, W/O To Yard | Main |
| Kitchen | 4.41 × 3.45 m | Marble Floor, Granite Counter | Main |
| Breakfast | 2.5 × 3.45 m | Marble Floor, W/O To Yard, Stainless Steel Appl | Main |
| Laundry | 1.75 × 2.41 m | Marble Floor | Main |
| Foyer | 4.54 × 5.03 m | Marble Floor, Access To Garage | Main |
| Primary | 6.1 × 4.22 m | hardwood floor, 5 Pc Ensuite, W/I Closet | 2nd |
| 2nd Br | 4.53 × 3.48 m | hardwood floor, Closet | 2nd |
| 3rd Br | 4.07 × 3.45 m | hardwood floor, Closet | 2nd |
| 4th Br | 3.37 × 3.42 m | hardwood floor, Closet | 2nd |
| Kitchen | 4.97 × 3.48 m | Tile Floor, Eat-In Kitchen | Bsmt |
| Rec | 7.19 × 3.56 m | Laminate, Window | Bsmt |
| Br | 4.37 × 3.28 m | Laminate, Window | Bsmt |
| 2nd Br | 5.32 × 3.33 m | Laminate, Window | Bsmt |
Listing history
Buy/sell history for 8 Elmsley Dr, Richmond Hill, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,588,800 | N/A | For Sale | N13845102 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $317,760
- Total mortgage amount
- $1,271,040
- Total interest payment
- $903,660
- Total purchase cost
- $2,492,460
- Mortgage payment
- $7,249/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
54%Monthly carrying cost
$7,906- Rent $4,800
- Shortfall $3,106
Rental income opens at $4,800, the median asking rent of 9 comparable homes for lease in Richmond Hill. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $28,251
- Total land transfer tax
- $28,251
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $24,251
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,588,800
- $23,776
- Ontario total
- $28,251
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 4,931 sq ft458 m²
- Street frontage
- 47.87 ft14.6 m
- Depth
- 103 ft31.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 3.4 km3.4 km
Province of Ontario open data
Around the home1
- Nearest rail line: 930 m930 m
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Envirogard Products Limited — Envirogard Products Limitied, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Dotto One, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Detached homes for sale in Observatory right now
- For sale now
- 14
- Median asking price
- $1.88M
- New in 7 days
- 1
- Price cuts
- 0%
Middle half: $1.62M to $2.7M
4 in 28 days
0 listings
This home is asking 15% below the median, lower than three quarters of them.
See all homes in ObservatoryAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Yonge / 16th-Carrville | YRT bus rapid transit: Viva Blue | 1.5 km |
| Yonge / Weldrick | YRT bus rapid transit: Viva Blue | 1.5 km |
| Yonge / Bantry-Scott | YRT bus rapid transit: Viva Blue | 1.8 km |
| Richmond Hill GO | GO Transit train: Richmond Hill | 2 km |
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 2.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Sixteenth Avenue Public SchoolYork Region DSB | Public · grades JK–8 | 500 m | 80%Grade 6 average |
| Bayview Hill Elementary SchoolYork Region DSB | Public · grades JK–8 | 1 km | 88%Grade 6 average |
| St Joseph Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.3 km | 87%Grade 6 average |
| ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 4.7 km | 95%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bayview Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.2 km | 91%Grade 9 math |
| Alexander MacKenzie High SchoolYork Region DSB | Public · grades 9–12 | 2.8 km | 77%Grade 9 math |
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 3 km | 90%Grade 9 math |
| Our Lady Queen of the World CA High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 3.1 km | 79%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Observatory are shown to signed-in members.