7 King's Cross Avenue, Richmond Hill, ON

Bayview Hill, Richmond Hill · MLS® N14080746

$2,390,000
For Sale
Listed 4 days agoNo offer date stated
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5Bedrooms
5Bathrooms
3Garage · 9 parking
3500-5000Sq ft

About this home

In short

  • Welcome To This Magnificent Residence In Prestigious Bayview Hill, Nestled On A Quiet Family Friendly Street.
  • Premium Pie-Shaped Lot Approx.
  • With An Impressive 150-Ft Depth.
  • Renovated Kitchen (2025) With New Stainless Steel Appliances, Fresh Paint Throughout, And Modern Pot Lights.
  • Minutes To Hwy 404, Hwy 407, GO Transit, Parks, Shopping, Community Centre And All Amenities.

Welcome To This Magnificent Residence In Prestigious Bayview Hill, Nestled On A Quiet Family Friendly Street. Exceptional Layout Offering Luxury, Comfort, And Convenience In One Of Richmond Hill's Most Sought-After Communities. Premium Pie-Shaped Lot Approx. 13,075 Sq. Ft. With An Impressive 150-Ft Depth. Approx. 4,600 Sq. Ft. Of Living Space Featuring 5 Spacious Bedrooms Plus A Large Games Room. Attached 3-Car Garage And Private Driveway With No Sidewalk, Providing Parking For Up To 9 Vehicles. Renovated Kitchen (2025) With New Stainless Steel Appliances, Fresh Paint Throughout, And Modern Pot Lights. Durable Marley Tile Roof, No Shingle Replacement Required. Located Within The Top-Ranking Bayview Secondary School And Bayview Hill Elementary School Boundaries. Minutes To Hwy 404, Hwy 407, GO Transit, Parks, Shopping, Community Centre And All Amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N14080746
Bedrooms
5
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
17.64 × 45.92 ft
Cross streets
Bayview / Weldrick E
Parking
3 garage · 9 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Tile
Sewer
Sewer
Property tax
$15,605 / 2026
Days on market
4
Listing brokerage
HOMELIFE BROADWAY REALTY INC.

Rooms

Bedroom 3Second3.66 × 5.91 m

closet · window

Family RoomGround6.10 × 3.66 m

marble fireplace · pot lights · hardwood floor

Living RoomGround5.79 × 3.66 m

moulded ceiling · pot lights

KitchenGround4.27 × 3.96 m

family size kitchen · ceramic floor · stainless steel appl

Bedroom 2Second4.27 × 5.18 m

3 pc ensuite · closet

Bedroom 5Second4.82 × 3.05 m

walk-in closet(s) · window

Dining RoomGround5.49 × 3.96 m

moulded ceiling · pot lights

Primary BedroomSecond4.02 × 7.44 m

4 pc ensuite · walk-in closet(s)

Bedroom 4Second4.21 × 3.72 m

closet · window

Game RoomSecond5.61 × 3.90 m

3 pc ensuite · window

BreakfastGround4.27 × 3.66 m

w/o to deck · ceramic floor

LibraryGround3.66 × 3.66 m

hardwood floor · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.29Mlikely sale price

Listed at $2,390,000. Going by how homes in Bayview Hill and the wider GTA have actually closed against their asking prices (about 96%, 13 local closings in 90 days), the likely sale price is near $2.29M, if it sells. A realistic range is $2.15M to $2.58M.

Independent value check: $2.29M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $2.15M and $2.40M).

Why $2.29M. The typical detached home sold in Bayview Hill over the past year went for about $2.45M (61 sales). What sets this one apart:

  • ▼ Lowers itIts lot is 18 by 46 ft; the typical lot sold here is 59 by 148.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $15,605 a year; the typical home sold here pays about $14,400.
  • ▲ Raises it3 garage and 9 total parking spaces, against 2 and 7 typically.
List price
$2.15MBelow recent closings$2.58MAbove recent closings

Total price vs nearby homes. Likely closing about $2.29M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$2.26Mmedian sold price
93%of asking, on average
−13%prices vs a year ago
~23 dayshomes like this take to sell
4days on market so far
$5,399/moest. rent · 28 leases
2.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.6 months of inventory: 20 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $562/sqft against an area asking average of $618/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.31M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 13 comparable homes that sold in Bayview Hill over the past two years, from 105 closings there.

Sold price trend

Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.58M86
November 2025$1.47M77
December 2025$1.68M48
January 2026$1.48M52
February 2026$1.52M57
March 2026$1.49M70
April 2026$1.50M73
May 2026$1.46M114
June 2026$1.50M119
July 2026$1.50M92
August 2026$1.48M80
September 2026$1.44M80

Neighbourhood & location

Bayview Hill, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

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
$1.46M
Mill Pond
$1.56M

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
$10,893/mo
$461KIncome needed
5.2×Price ÷ income
$2,514Weekly cost
$46,225Land 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 $10,893Property tax $1,300Total carry $12,193

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)
$10,572per month

Mortgage amount $1,912,000 · 4.49% over 25 years

$478,000Down payment (20.0%)
$1,912,000Loan before insurance
$0CMHC premium
$11,872Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,572
Property tax
$1,300
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,872

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

One-time closing costs

Ontario land transfer tax
$46,225
Estimated closing costs
$46,225

Plus your down payment of $478,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,795/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

$1,259,533Total interest paid
$3,171,533Total of all payments
Principal $1,912,000 Interest $1,259,533
YearPrincipalInterestBalance
1$42,668$84,194$1,869,332
2$44,605$82,256$1,824,727
3$46,630$80,231$1,778,097
4$48,747$78,114$1,729,350
5$50,961$75,901$1,678,389
6$53,275$73,587$1,625,114
7$55,693$71,168$1,569,421
8$58,222$68,639$1,511,199
9$60,866$65,996$1,450,333
10$63,629$63,232$1,386,704
11$66,518$60,343$1,320,186
12$69,538$57,323$1,250,647
13$72,696$54,166$1,177,951
14$75,996$50,865$1,101,955
15$79,447$47,414$1,022,508
16$83,054$43,807$939,454
17$86,825$40,036$852,628
18$90,767$36,094$761,861
19$94,889$31,973$666,972
20$99,197$27,664$567,776
21$103,701$23,160$464,075
22$108,409$18,452$355,665
23$113,332$13,530$242,334
24$118,477$8,384$123,857
25$123,857$3,005$0

At the end of your 5-year term

Total paid over the term
$634,307
Principal paid down
$233,611
Interest paid
$400,695
Balance remaining
$1,678,389

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
From 28 whole-home leases in Bayview Hill$5,399/mo
$64,788Gross annual rent
1.7%Cap rate after taxes and upkeep
$4,895 to $5,669Typical rent range

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

Talk about the numbers

The last 28 whole-home leases in Bayview Hill signed at a median of $5,204 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,399. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.7%
Gross yield
− Property tax $15,605− Insurance $1,400− Vacancy & upkeep $7,127Net operating income $40,656

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

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