374 Elmwood Avenue, Richmond Hill, ON
Harding, Richmond Hill · MLS® N13597566
About this home
In short
- Welcome to 374 Elmwood Ave, a stunning custom-built executive residence in the heart of Richmond Hill, offering over 6,000 sq.ft. of refined living space on one of...
- Featuring 5 spacious bedrooms and 7 bathrooms, the home is thoughtfully designed for both family living and upscale entertaining.
- The main level showcases a top-of-the-line chef's kitchen, Heated Floors, elegant principal rooms, and seamless access to a covered veranda-complete with a...
- The walk-up basement is fully finished and exceptionally versatile, featuring 2 bedrooms, a 3-piece bath, a large recreation area with exposed beams, stone accents, a...
- Step outside to your own resort-style backyard oasis, highlighted by an in-ground pool and jacuzzi, expansive patio, and multiple seating areas including a cozy...
Welcome to 374 Elmwood Ave, a stunning custom-built executive residence in the heart of Richmond Hill, offering over 6,000 sq.ft. of refined living space on one of the largest lots in the area. This transitional masterpiece blends modern comfort with timeless design, located within the highly sought-after Bayview Secondary School district and just moments to shopping, parks, and everyday conveniences. Featuring 5 spacious bedrooms and 7 bathrooms, the home is thoughtfully designed for both family living and upscale entertaining.The main level showcases a top-of-the-line chef's kitchen, Heated Floors, elegant principal rooms, and seamless access to a covered veranda-complete with a wood-paneled ceiling, fireplace, and lounge setting-creating the perfect indoor-outdoor lifestyle. The primary retreat offers a private balcony and spa-like ambiance, while every detail throughout reflects quality craftsmanship and care.The walk-up basement is fully finished and exceptionally versatile, featuring 2 bedrooms, a 3-piece bath, a large recreation area with exposed beams, stone accents, a custom fireplace, a kitchenette/bar, and a dedicated home theatre-ideal for extended family or entertaining.Step outside to your own resort-style backyard oasis, highlighted by an in-ground pool and jacuzzi, expansive patio, and multiple seating areas including a cozy firepit lounge. Surrounded by lush landscaping, gardens, and even a greenhouse, this outdoor space is designed for year-round enjoyment. A professionally landscaped front yard and a 6-car interlock driveway lead to a fully equipped garage, perfect for parking or workshop use. A rare offering that truly has it all.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13597566
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 52.55 × 210.2 ft
- Cross streets
- Bayview and Major Mackenzie
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $15,256 / 2025
- Days on market
- 88
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · gas fireplace · gas fireplace
3 pc ensuite · walk-in closet(s)
Separate Room
3 pc ensuite · walk-in closet(s) · hardwood floor
hardwood floor · pot lights
3 pc ensuite · hardwood floor
3 pc ensuite · hardwood floor
porcelain floor · heated floor · centre island
walk-up · wet bar · gas fireplace
heated floor · porcelain floor · overlooks backyard
6 pc ensuite · w/o to balcony · his and hers closets
hardwood floor · pot lights · overlooks frontyard
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $795/sqft; this home lists at $706/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Harding, Richmond Hill, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,399,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,270
- Property tax
- $1,271
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,541
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,475
- Estimated closing costs
- $61,475
Plus your down payment of $600,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $796,200
- Principal paid down
- $293,236
- Interest paid
- $502,965
- Balance remaining
- $2,106,764
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.