6 Elyssa Drive, Richmond Hill, ON

Bayview Hill, Richmond Hill · MLS® N13851080

$2,298,000
For Sale
Listed 19 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • An impressive stone-and-brick exterior and interlock driveway welcome you to this stately Bayview Hill residence, set on a desirable corner lot.
  • Immaculately maintained and freshly painted, the home offers over 3,800 sq. ft. of above-ground living space, with four bedrooms and a flexible teen retreat currently...
  • Enjoy the Bayview Hill lifestyle, with nearby schools including Bayview Hill Elementary and Bayview Secondary, Bayview Hill Park, and the Bayview Hill Community...
  • With access to Highways 404 and 407, this is a wonderful opportunity to enjoy impressive space, classic curb appeal and a sought-after Richmond Hill address.

An impressive stone-and-brick exterior and interlock driveway welcome you to this stately Bayview Hill residence, set on a desirable corner lot. Immaculately maintained and freshly painted, the home offers over 3,800 sq. ft. of above-ground living space, with four bedrooms and a flexible teen retreat currently used as a den. Each bedroom has access to an ensuite or Jack-and-Jill bathroom. A striking entry and graceful staircase introduce the home, while abundant windows bring natural light into the spacious great room, creating a warm setting for everyday living and entertaining. The kitchen features a convenient pantry and mudroom off the garage with main floor laundry. The corner location offers added breathing room, with no immediate neighbour along one side, and iron rod fencing frames the property. Outdoors, a large deck extends the living space and is ready for summer gatherings, complete with a gas BBQ. There's room to dine, entertain and let the kids run and play. Enjoy the Bayview Hill lifestyle, with nearby schools including Bayview Hill Elementary and Bayview Secondary, Bayview Hill Park, and the Bayview Hill Community Centre and Pool. Village Gate, Bayview Hill Centre and SmartCentres offer convenient shopping, dining and everyday services. With access to Highways 404 and 407, this is a wonderful opportunity to enjoy impressive space, classic curb appeal and a sought-after Richmond Hill address.

Key facts

Property type
Detached, 2-Storey
MLS®
N13851080
Bedrooms
4
Bathrooms
4 (1 half)
Size
3500-5000 sq ft
Lot
50.69 × 109.91 ft
Cross streets
Leslie/16th Avenue
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$12,868 / 2025
Days on market
19
Listing brokerage
RE/MAX EXPERTS

Rooms

OfficeSecond0.00 × 1.00 m

open concept · large window

Great RoomMain0.00 × 0.00 m

separate room · large window · hardwood floor

Dining RoomMain0.00 × 0.00 m

hardwood floor · separate room · large window

Living RoomMain0.00 × 0.00 m

open concept · large window · hardwood floor

Bedroom 2Second0.00 × 0.00 m

4 pc ensuite · large closet · large window

KitchenMain0.00 × 0.00 m

overlooks family · backsplash · breakfast bar

Bedroom 4Second0.00 × 0.00 m

large closet · large window · 4 pc ensuite

Primary BedroomSecond0.00 × 0.00 m

walk-in closet(s) · 6 pc ensuite · large window

Bedroom 3Second0.00 × 0.00 m

large closet · large window · 4 pc ensuite

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Bayview Hill, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$10,474/mo
$437KIncome needed
5.3×Price ÷ income
$2,417Weekly cost
$43,925Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $10,474Property tax $1,072Total carry $11,546

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,165per month

Mortgage amount $1,838,400 · 4.49% over 25 years

$459,600Down payment (20.0%)
$1,838,400Loan before insurance
$0CMHC premium
$11,237Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,165
Property tax
$1,072
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,237

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$43,925
Estimated closing costs
$43,925

Plus your down payment of $459,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,303/monthPayment at the qualifying rate

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

$1,211,049Total interest paid
$3,049,449Total of all payments
Principal $1,838,400 Interest $1,211,049
YearPrincipalInterestBalance
1$41,025$80,953$1,797,375
2$42,888$79,090$1,754,487
3$44,835$77,143$1,709,652
4$46,871$75,107$1,662,781
5$48,999$72,979$1,613,781
6$51,224$70,754$1,562,558
7$53,550$68,428$1,509,008
8$55,981$65,997$1,453,027
9$58,523$63,455$1,394,504
10$61,180$60,798$1,333,324
11$63,958$58,020$1,269,367
12$66,862$55,116$1,202,505
13$69,897$52,081$1,132,608
14$73,071$48,907$1,059,537
15$76,389$45,589$983,148
16$79,857$42,121$903,291
17$83,483$38,495$819,808
18$87,273$34,705$732,534
19$91,236$30,742$641,298
20$95,378$26,599$545,920
21$99,709$22,269$446,211
22$104,236$17,742$341,974
23$108,969$13,009$233,005
24$113,917$8,061$119,089
25$119,089$2,889$0

At the end of your 5-year term

Total paid over the term
$609,890
Principal paid down
$224,619
Interest paid
$385,271
Balance remaining
$1,613,781

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
2.8%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.8%
Gross yield
− Property tax $12,868− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,230

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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