8 Country Heights Drive, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13877084

$3,888,888
For Sale
Listed 8 days agoNo offer date stated

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5Bedrooms
4Bathrooms
3Garage
3500-5000Sq ft

About this home

In short

  • A rare opportunity to own a truly special estate in the heart of Richmond Hill.
  • Set within the prestigious Bayview Country Estates, this 5-bedroom, 4-bathroom home sits on a remarkable nearly 2-acre premium lot, surrounded by mature trees, lush...
  • Approximately 9-10' ceilings, hardwood floors, crown moulding and large picture windows bring an airy elegance to the main level, while the graceful curved staircase...
  • The bright white kitchen features built-in appliances, a curved centre island and a sun-filled breakfast area with a walkout to the patio and expansive private...
  • The lower level offers an exciting opportunity to create something entirely your own, with approximately 9' ceilings, large windows bringing in natural light and a...

A rare opportunity to own a truly special estate in the heart of Richmond Hill. Set within the prestigious Bayview Country Estates, this 5-bedroom, 4-bathroom home sits on a remarkable nearly 2-acre premium lot, surrounded by mature trees, lush greenery and beautiful custom-built residences. From the moment you arrive, there is an unmistakable sense of privacy and calm-an expansive, park-like setting where children can play, family can gather and every season can be enjoyed in its own quiet beauty. With community security patrol in the neighbourhood, the setting offers an added sense of comfort and peace of mind. The home's desirable north-south orientation and generous windows welcome beautiful natural light throughout the day, creating bright, warm spaces that change gently with the sunlight. Approximately 9-10' ceilings, hardwood floors, crown moulding and large picture windows bring an airy elegance to the main level, while the graceful curved staircase leads to a skylit upper landing and spacious bedrooms overlooking the treetops. The bright white kitchen features built-in appliances, a curved centre island and a sun-filled breakfast area with a walkout to the patio and expansive private backyard-perfect for morning coffee, summer gatherings and quiet evenings surrounded by nature. The lower level offers an exciting opportunity to create something entirely your own, with approximately 9' ceilings, large windows bringing in natural light and a 200-amp electrical panel. Ideally located in a highly sought-after top school zone and close to prestigious private education, including Holy Trinity School (HTS), with easy access to Hwy 404, Gormley GO, parks, nature trails and Summit Golf Club. The auspicious address carries traditional associations with prosperity, abundance and good fortune, adding a subtle and meaningful touch to this exceptional home. A rare piece of Richmond Hill where land, privacy, sunlight and a wonderful sense of place come together.

Key facts

Property type
Detached, 2-Storey
MLS®
N13877084
Bedrooms
5
Bathrooms
4 (1 half)
Size
3500-5000 sq ft
Lot
124.26 × 445.62 ft
Cross streets
Bayview Ave & Stouffville Rd
Parking
3 garage (built-in)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$17,165 / 2025
Days on market
8
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenMain6.13 × 4.23 m

centre island · b/i appliances · w/o to garden

Bedroom 3Second4.80 × 3.57 m

south view · large window · semi ensuite

LibraryMain3.50 × 3.20 m

hardwood floor · south view · overlooks garden

Bedroom 5Second3.78 × 3.08 m

west view · overlooks garden · large closet

Family RoomMain5.79 × 4.63 m

hardwood floor · fireplace · large window

Living RoomMain4.61 × 3.41 m

hardwood floor · large window · south view

BreakfastMain6.13 × 4.23 m

ceramic floor · overlooks garden · open concept

Bedroom 2Second6.40 × 4.00 m

4 pc ensuite · large window · overlooks backyard

Bedroom 4Second4.88 × 3.59 m

south view · large window · semi ensuite

Primary BedroomSecond7.86 × 6.08 m

6 pc ensuite · walk-in closet(s) · overlooks garden

LaundryMain3.75 × 2.04 m

ceramic floor · side door · ceramic backsplash

Dining RoomMain4.91 × 6.43 m

hardwood floor · bow window · overlooks garden

FoyerMain3.08 × 2.35 m

ceramic floor · double doors · pot lights

Great RoomMain5.88 × 3.08 m

ceramic floor · pot lights · open concept

Our TakeTeam Asgarian · Broker
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Neighbourhood & location

Rural Richmond Hill, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$17,724/mo
$722KIncome needed
5.4×Price ÷ income
$4,090Weekly cost
$83,697Land 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.

93%mortgage
Mortgage $17,724Property tax $1,430Total carry $19,155

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,202per month

Mortgage amount $3,111,110 · 4.49% over 25 years

$777,778Down payment (20.0%)
$3,111,110Loan before insurance
$0CMHC premium
$18,632Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,202
Property tax
$1,430
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,632

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

One-time closing costs

Ontario land transfer tax
$83,697
Estimated closing costs
$83,697

Plus your down payment of $777,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$20,820/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

$2,049,449Total interest paid
$5,160,559Total of all payments
Principal $3,111,110 Interest $2,049,449
YearPrincipalInterestBalance
1$69,427$136,996$3,041,684
2$72,579$133,843$2,969,105
3$75,874$130,548$2,893,230
4$79,319$127,103$2,813,911
5$82,921$123,502$2,730,990
6$86,686$119,737$2,644,304
7$90,622$115,801$2,553,683
8$94,736$111,686$2,458,947
9$99,038$107,385$2,359,909
10$103,534$102,888$2,256,375
11$108,235$98,187$2,148,140
12$113,149$93,273$2,034,990
13$118,287$88,135$1,916,703
14$123,658$82,765$1,793,046
15$129,272$77,150$1,663,773
16$135,142$71,281$1,528,632
17$141,278$65,145$1,387,354
18$147,692$58,730$1,239,662
19$154,398$52,024$1,085,264
20$161,408$45,014$923,856
21$168,737$37,686$755,119
22$176,398$30,024$578,721
23$184,407$22,015$394,313
24$192,780$13,642$201,533
25$201,533$4,889$0

At the end of your 5-year term

Total paid over the term
$1,032,112
Principal paid down
$380,120
Interest paid
$651,992
Balance remaining
$2,730,990

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
1.5%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.

2.3%
Gross yield
− Property tax $17,165− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $59,933

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

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