56 Baynards Lane

FOR SALE
$2,248,000
56 Baynards Lane, Richmond Hill
56 Baynards Lane
56 Baynards Lane
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4
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
N11997071
MLSID
Contact Us
Property Description
Tucked away on a quiet lane in the coveted Mill Pond neighbourhood of Richmond Hill, this beautifully appointed 4+1 bed, 5 bath detached home offers the best in sophisticated family living. Impeccably maintained by the same family for the past 20 years, 56 Baynards Lane is a gem that doesn't come available often. As you step into the elegant entryway, the home's thoughtful design is apparent. The main level features soaring 10 ft ceilings, a welcoming & bright living room with wood-burning fireplace as well as a dining room with a convenient pass-through to the kitchen-perfect for effortless entertaining or quiet family dinners. The gourmet kitchen features stainless steel appliances, 5-burner gas range, granite countertops & abundant cabinet space, making it a chef's dream. Summer entertaining is made easy with a walk-out from the eat-in kitchen to the elegant outdoor deck. A main floor family room is sure to become an after-school hub of homework, TV & laughter! Ascend to the second level and find three oversized bedrooms including a sumptuous primary with 4 pc ensuite. On the home's top level is a recently reno'd loft complete with spacious bedroom, ensuite (heated floors), as well a large office/study/lounge area -ideal living space for a teen or young adult. Bsmt is fully finished, providing additional living space with a recreation room that's well-suited for movie nights or family gatherings. A kitchenette and bedroom allow the entire basement to serve as a spectacular children's play space, teenage retreat or fully-contained apartment for in-laws or nanny. The property also features a two-car set back garage & additional driveway parking, ensuring ample space for vehicles & storage. The private backyard is a peaceful retreat, complete with perennial garden & elegant lighting. Abundant schools in the neighbourhood, as well as ample green space & access to great shopping & restaurants, ensure this beautiful large home is the perfect next stop for your family.
Nearby Intersections
Property Features
Cul De Sac, Hospital, Library, Park, Place Of Worship, School
Property Details
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
54' x 116'
Fronting
North
Taxes
$8,268 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.68' x 15.85'Hardwood Floor, Fireplace, Window
DiningMain11.68' x 15.85'Hardwood Floor, Walk Through, Window
FamilyMain11.84' x 17.32'Hardwood Floor, Window, North View
KitchenMain11.68' x 14.40'Granite Counter, Eat-In Kitchen, Stainless Steel Appl
BreakfastMain10.76' x 11.68'Tile Floor, W/O To Yard, Window
Prim Bdrm2nd12.01' x 23.00'Hardwood Floor, 4 Pc Ensuite, W/I Closet
2nd Br2nd12.01' x 20.18'Hardwood Floor, Ensuite Bath, Closet
3rd Br2nd11.91' x 13.75'Hardwood Floor, Window, Closet
Laundry2nd5.84' x 8.01'Tile Floor, Laundry Sink, Window
4th Br3rd14.40' x 20.73'Hardwood Floor, Ensuite Bath, W/I Closet
RecBsmt16.17' x 27.33'Hardwood Floor, 3 Pc Bath, Electric Fireplace
PlayBsmt13.42' x 15.58'Hardwood Floor, Closet, Finished
Richmond Hill Market Statistics
Richmond Hill Price Trend
56 Baynards Lane is a 4-bedroom 5-bathroom home listed for sale at $2,248,000, which is $240,120 (12.0%) higher than the average sold price of $2,007,880 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $147,381 (7.9%) compared to the previous 30 day period (December 22 - January 20) and up $6,130 (0.3%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in Richmond Hill over the last 30 days (January 21 - February 19), which is up 133.9% compared with the previous 30 day period (December 22 - January 20) and up 49.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $6,282 (0.3%) above asking price over the last 30 days (January 21 - February 19), which represents a $52,580 increase compared to the previous 30 day period (December 22 - January 20) and ($42,642) more 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 4-bedroom homes in Richmond Hill over the last 30 days (January 21 - February 19) stood at 30.3%, down from 40.3% over the previous 30 days (December 22 - January 20) and down from 44.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Richmond Hill stood at 30 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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