47 Edgar Ave
South Richvale, Richmond Hill, L4C 6K2
FOR SALE
$8,298,000
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5 + 1
BEDROOMS10
BATHROOMS1 + 2
KITCHENS12 + 3
ROOMSN11932069
MLSIDContact Us
Property Description
Unveil the allure of sophistication that captivates the senses.Spanning an impressive10,000sqft,this stunning residence,meticulously crafted by Mahzad Homes,seamlessly marries timeless elegance with contemporary flair.With its exceptional potential for lot severance,this extraordinary property redefines the essence of luxury living,offering a lifestyle that transcends the ordinary and elevates your daily experience to remarkable heights.Step into the grand foyer,an expansive 22 high,where soaring ceilings adorned with exquisite designs invite you to explore.The rest of the main floor features impressive 12ft ceilings,creating an airy ambiance.The majestic staircase, illuminated by an oversized skylight and embellished with a custom chandelier,creates a dazzling focal point,while floor-to-ceiling windows blur the lines between indoor and outdoor living.The kitchen is a masterpiece, featuring a modern oversized island that combines beauty with functionality, offering an abundance of storage & cutting-edge appliances.A cleverly designed second kitchen lies conveniently between the main kitchen and dining areaThe dining room boasts a mirrored ceiling, complemented by a striking fireplace in the living room that appeals to the most discerning tastes.Enhancing the entertaining experience the family room features a wine cellar, while a separate access door leads to a private home office.The oversized mudroom adds practicality,the3car garage,featuring enough height for a lift,showcases a super unique mirrored garage door that is both functional and visually stunning.The exquisite chandeliers are the jewels of this house,adding an extra touch of glamour.Retreat to the master en-suite, a spa-like haven complete with his and her closets oversized windows in all 5 bedrooms,each akin to a primary suite.Indulge in luxury with a dedicated theater room,The home is equipped with advanced automation,a comprehensive security sys with cameras,snowmelt driveway, radiant flr heating... *
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-04 | 2025-01-05 | 62 | $8,888,000 | - | Expired |
| 2021-04-08 | 2021-05-03 | 25 | $3,000,000 | $2,800,000 | Sold |
| 2021-04-08 | 2021-05-01 | 23 | $3,000,000 | $2,800,000 | Sold |
| 2020-09-22 | 2020-12-07 | 76 | $3,250,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
71' x 306'
Fronting
South
Taxes
$9,005 (2024)
Basement
Finished, Walk-Up
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Elevator
Yes
Parking Spaces
5
Driveway
Circular
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.11' x 14.44' | Hardwood Floor, Gas Fireplace, Wood Trim |
| Dining | Main | 14.11' x 17.06' | Hardwood Floor, Mirrored Ceiling, Combined W/Living |
| Family | Main | 20.01' x 26.57' | Hardwood Floor, Gas Fireplace, B/I Shelves |
| Kitchen | Main | 25.26' x 20.34' | Centre Island, Combined W/Br, B/I Appliances |
| Breakfast | Main | 15.09' x 16.14' | Hardwood Floor, W/O To Deck, Combined W/Kitchen |
| Prim Bdrm | 2nd | 18.70' x 18.37' | Hardwood Floor, W/I Closet, 7 Pc Ensuite |
| 2nd Br | 2nd | 16.73' x 14.76' | 3 Pc Ensuite, Hardwood Floor, W/I Closet |
| 3rd Br | 2nd | 15.09' x 18.04' | 3 Pc Ensuite, Hardwood Floor, W/I Closet |
| 4th Br | 2nd | 16.14' x 14.11' | 3 Pc Ensuite, Hardwood Floor, W/I Closet |
| 5th Br | 2nd | 13.45' x 14.11' | 3 Pc Ensuite, Hardwood Floor, W/I Closet |
| Rec | Bsmt | 20.67' x 44.29' | Heated Floor, Modern Kitchen, Walk-Up |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
47 Edgar Ave is a 5-bedroom 10-bathroom home listed for sale at $8,298,000, which is $6,355,200 (327.1%) higher than the average sold price of $1,942,800 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $492,200 (20.2%) compared to the previous 30 day period (December 22 - January 20) and down $60,200 (3.0%) from the same time one year ago.Inventory Change
There were 26 5-bedroom homes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 23.8% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Richmond Hill typically sold ($58,660) (3.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $42,835 increase compared to the previous 30 day period (December 22 - January 20) and $178,550 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Richmond Hill over the last 30 days (January 21 - February 19) stood at 38.5%, up from 9.5% over the previous 30 days (December 22 - January 20) and up from 15.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 10-bathroom home in Richmond Hill stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 101 days before being removed from the market upon being suspended or terminated.Listing contracted with Barsam Professionals Real Estate Brokerage Ltd.
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