2 Shallmar Gardens, Richmond Hill, ON

Bayview Hill, Richmond Hill · MLS® N13880650

$2,399,000
For Sale
Listed 10 days agoNo offer date stated
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5+1Bedrooms
5Bathrooms
2Garage · 10 parking
5,000Sq ft

About this home

In short

  • An Extraordinary Opportunity In Prestigious Bayview Hill, One Of Richmond Hill's Most Coveted Neighbourhoods.
  • Set On A Premium Pie-Shaped Lot With Approximately 65.20 Ft Of Frontage, Widening To 128.89 Ft At The Rear, This Impressive Family Home Is Surrounded By Distinguished...
  • A Grand Double Staircase In A Soaring, Skylit Foyer Creates A Dramatic First Impression.
  • The Finished Basement Provides Exceptional Additional Living And Entertaining Space With A Massive Recreation Area, Wet Bar, Additional Bedroom And 4-Piece Washroom.
  • Landscaped Grounds, Extensive Interlocking, A Built-In Double Garage And Parking For Up To 10 Vehicles Complete This Impressive Residence.

An Extraordinary Opportunity In Prestigious Bayview Hill, One Of Richmond Hill's Most Coveted Neighbourhoods. Set On A Premium Pie-Shaped Lot With Approximately 65.20 Ft Of Frontage, Widening To 128.89 Ft At The Rear, This Impressive Family Home Is Surrounded By Distinguished Multimillion-Dollar Residences And Offers Approximately 8,000 Sq. Ft. Of Total Living Space, Including 5,227 Sq. Ft. Above Grade Plus A Finished Basement. A Grand Double Staircase In A Soaring, Skylit Foyer Creates A Dramatic First Impression. The Main Level Features Spacious Formal Living And Dining Rooms With Hardwood Floors And French Doors, A Large Family Room With Gas Fireplace And Bay Window, And A Separate Library Overlooking The Front Yard. The Generous Kitchen Offers Marble Flooring, Stainless Steel Appliances, Abundant Cabinetry And A Breakfast Bar, While The Adjoining Breakfast Area Walks Out To The Patio And Expansive Fully Fenced Backyard With Gazebo. Upstairs Are 5 Generously Sized Bedrooms, Including An Oversized Primary Retreat With Gas Fireplace, His-And-Hers Closets And A Spacious 5-Piece Ensuite. The Second Bedroom Features Its Own 4-Piece Ensuite. The Finished Basement Provides Exceptional Additional Living And Entertaining Space With A Massive Recreation Area, Wet Bar, Additional Bedroom And 4-Piece Washroom. Landscaped Grounds, Extensive Interlocking, A Built-In Double Garage And Parking For Up To 10 Vehicles Complete This Impressive Residence. Set Within Highly Rated School Catchments Including Bayview Hill Elementary School And Bayview Secondary School, This Premier Address Offers The Perfect Balance Of Prestige And Practicality, With Bayview Hill Community Centre And Pool Nearby, Plus Convenient Access To Parks, Shopping, Public Transit And Major Routes.

Key facts

Property type
Detached, 2-Storey
MLS®
N13880650
Bedrooms
5+1 (6 total)
Bathrooms
5 (1 half)
Size
5,000 sq ft
Lot
65.15 × 154.39 ft
Cross streets
Leslie St & 16th Ave
Parking
2 garage · 10 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,713 / 2025
Days on market
10
Listing brokerage
EXP REALTY

Rooms

Bedroom 5Second5.34 × 3.94 m

hardwood floor · b/i closet · pot lights

BreakfastMain4.31 × 3.80 m

marble floor · w/o to patio · pot lights

Bedroom 4Second5.35 × 3.94 m

hardwood floor · b/i closet · pot lights

RecreationBasement12.80 × 8.06 m

broadloom · wet bar · pot lights

BedroomBasement6.88 × 5.94 m

broadloom · double closet · pot lights

Bedroom 2Second6.07 × 5.14 m

hardwood floor · 4 pc ensuite · double closet

Family RoomMain7.64 × 4.48 m

gas fireplace · bay window

Living RoomMain6.05 × 3.95 m

hardwood floor · french doors · pot lights

Dining RoomMain6.05 × 3.90 m

hardwood floor · french doors · pot lights

KitchenMain4.31 × 4.16 m

marble floor · stainless steel appl · breakfast bar

Primary BedroomSecond7.63 × 4.53 m

hardwood floor · gas fireplace · 5 pc ensuite

LibraryMain5.64 × 3.56 m

hardwood floor · large window · overlooks frontyard

Bedroom 3Second5.47 × 3.58 m

hardwood floor · b/i closet · pot lights

Our TakeTeam Asgarian · Broker
No automatic estimate

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.

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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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Observatory
$2.02M
Rouge Woods
$1.77M
Crosby
$2.05M
North Richvale
$1.51M
South Richvale
$3.94M

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

Affordability
$10,934/mo
$463KIncome needed
5.2×Price ÷ income
$2,523Weekly cost
$46,450Land 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.

89%mortgage
Mortgage $10,934Property tax $1,309Total carry $12,243

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)
$10,612per month

Mortgage amount $1,919,200 · 4.49% over 25 years

$479,800Down payment (20.0%)
$1,919,200Loan before insurance
$0CMHC premium
$11,921Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,612
Property tax
$1,309
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,921

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

One-time closing costs

Ontario land transfer tax
$46,450
Estimated closing costs
$46,450

Plus your down payment of $479,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,844/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

$1,264,276Total interest paid
$3,183,476Total of all payments
Principal $1,919,200 Interest $1,264,276
YearPrincipalInterestBalance
1$42,828$84,511$1,876,372
2$44,773$82,566$1,831,599
3$46,806$80,533$1,784,793
4$48,931$78,408$1,735,862
5$51,153$76,186$1,684,709
6$53,475$73,864$1,631,234
7$55,903$71,436$1,575,331
8$58,441$68,898$1,516,889
9$61,095$66,244$1,455,795
10$63,869$63,470$1,391,926
11$66,769$60,570$1,325,157
12$69,800$57,539$1,255,357
13$72,970$54,370$1,182,387
14$76,283$51,056$1,106,104
15$79,746$47,593$1,026,358
16$83,367$43,972$942,991
17$87,152$40,187$855,839
18$91,109$36,230$764,730
19$95,246$32,093$669,484
20$99,570$27,769$569,914
21$104,091$23,248$465,822
22$108,818$18,521$357,005
23$113,758$13,581$243,246
24$118,923$8,416$124,323
25$124,323$3,016$0

At the end of your 5-year term

Total paid over the term
$636,695
Principal paid down
$234,491
Interest paid
$402,204
Balance remaining
$1,684,709

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$10,500/mo
$126,000Gross annual rent
4.0%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.

5.3%
Gross yield
− Property tax $15,713− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $95,027

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

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