48 Old Park Lane
Bayview Hill, Richmond Hill, Ontario L4B 2L3
- Bedrooms
- 5+1
- Bathrooms
- 9
- Size
- 5,000 +sq ft
- Lot
- 0.50 – 1.99 acres
- Tax a year
- $36,4832025 tax year
- Parking
- 144 attached
- Days on market
- Members
The brief
About 48 Old Park Lane
48 Old Park Lane is a 5+1-bedroom, 9-bathroom detached house in Bayview Hill, Richmond Hill, listed for sale at an asking price of $5,988,000 (MLS® N12964190).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$25,559/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
- $36,483 / 2025
- MLS® number
- N12964190
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 5000 + sqft
- Lot Size
- 160 x 244 ft
- Listed on
- Parking
- 4 Attached, 14 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Bayview Hill
- Municipality
- Richmond Hill
Building
- Size
- 5000 + sqft
- Construction
- Brick
Inside
- Bedrooms
- 5+1
- Bathrooms
- 9
- Bathroom Details
- 1 × 6pc 2nd, 3 × 4pc, 1 × 5pc, 3 × 2pc, 1 × 3pc
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Driveway
- Circular
- Garage Type
- Attached
- Garage
- 4
- Additional Parking
- 10
- Total Parking
- 14
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 160 ft
- Depth
- 244 ft
- Lot Size
- 160 x 244 ft
Additional
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.75 × 6.05 m | Marble Fireplace, Wainscoting, hardwood floor | Ground |
| Dining | 6.07 × 7.37 m | W/O To Terrace, O/Looks Garden, Marble Floor | Ground |
| Kitchen | 5.87 × 9.98 m | W/O To Terrace, Skylight, hardwood floor | Ground |
| Family | 5.0 × 9.8 m | Combined W/Solarium, Wet Bar, Marble Fireplace | Ground |
| Library | 4.14 × 4.34 m | Marble Fireplace, Panelled, B/I Bookcase | Ground |
| Solarium | 6.68 × 10.03 m | Wood Stove, Cathedral Ceiling, Hot Tub | Ground |
| Primary | 5.41 × 11.79 m | Marble Fireplace, 6 Pc Ensuite, 4 Pc Ensuite | 2nd |
| 2nd Br | 3.99 × 8.38 m | Semi Ensuite, W/I Closet, hardwood floor | 2nd |
| 3rd Br | 4.11 × 4.65 m | W/I Closet, hardwood floor | 2nd |
| 4th Br | 4.75 × 4.78 m | W/I Closet, hardwood floor, Crown Moulding | 2nd |
| 5th Br | 5.03 × 5.36 m | W/I Closet, hardwood floor, Bay Window | 2nd |
| Family | 6.22 × 7.62 m | W/O To Terrace, Combined W/Game, Broadloom | — |
Listing history
Buy/sell history for 48 Old Park Lane, 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 | $5,988,000 | N/A | For Sale | N12964190 |
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
- $1,197,600
- Total mortgage amount
- $4,790,400
- Total interest payment
- $3,405,300
- Total purchase cost
- $9,393,300
- Mortgage payment
- $27,319/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
95%Monthly carrying cost
$30,359- Rent $4,800
- Shortfall $25,559
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
- $136,175
- Total land transfer tax
- $136,175
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $132,175
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 $2,000,000
- $32,000
- 2.5% from $2,000,000 to $5,988,000
- $99,700
- Ontario total
- $136,175
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
- Street frontage
- 160 ft48.8 m
- Depth
- 244 ft74.4 m
- Lot size
- 0.50 – 1.99 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. 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 conservation4
- 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 m250 m
- Groundwater recorded about 4.8 m below ground nearbyThe middle water level in the well records within 500 m (8 records). It changes with the season and from spot to spot.500 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: 2.4 km2.4 km
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, 1.7 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 a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- 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 Bayview Hill right now
- For sale now
- 29
- Median asking price
- $2.78M
- New in 7 days
- 8
- Price cuts
- 10%
Middle half: $2.49M to $3.38M
14 in 28 days
3 listings
This home is asking 115% above the median, higher than three quarters of them.
See all homes in Bayview HillAsking 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 |
|---|---|---|
| Richmond Hill GO | GO Transit train: Richmond Hill | 1.9 km |
| Yonge / Weldrick | YRT bus rapid transit: Viva Blue | 2.6 km |
| Yonge / Major Mackenzie | YRT bus rapid transit: Viva Blue | 2.6 km |
| Yonge / 16th-Carrville | YRT bus rapid transit: Viva Blue | 2.8 km |
| Highway 7 / Valleymede | YRT bus rapid transit: Viva Purple | 3 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 |
|---|---|---|---|
| Bayview Hill Elementary SchoolYork Region DSB | Public · grades JK–8 | 550 m | 88%Grade 6 average |
| St Joseph Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.1 km | 87%Grade 6 average |
| Christ the King Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 · French Immersion | 1.3 km | 92%Grade 6 average |
| ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 3.8 km | 95%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bayview Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.4 km | 91%Grade 9 math |
| Our Lady Queen of the World CA High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 79%Grade 9 math |
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 3.1 km | 90%Grade 9 math |
| Alexander MacKenzie High SchoolYork Region DSB | Public · grades 9–12 | 3.4 km | 77%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 Bayview Hill are shown to signed-in members.