Re-listed 60 days ago

48 Old Park Lane, Richmond Hill, Ontario L4B 2L3

Detached
5 + 1
9
~5000 + sqft
$•••,•••
$6,880,000
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Detached
5 + 1
9
~5000 + sqft

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Highlights

Property Estimate

Days on market60 days

Total days on market
323 days

Estimated valueNot available

Price/Sqft$688/sqft

Monthly cost

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Description

Welcome to The Pinnacle at Park Lane... a landmark estate, set on almost one acre of lush grounds atop one of the highest natural elevations in Southern Ontario.This is not just a home - it is a vision realized. Designed and built by a renowned builder as his own personal residence, every detail reflects uncompromising craftsmanship, timeless design, and enduring prestige.From the moment you arrive, the estate makes a statement. A grand circular motor court with a signature fountain creates an unforgettable first impression, setting the stage for the elegance that awaits within.Inside, expansive principal rooms are framed by soaring ceilings, intricate millwork, and sun-filled spaces that flow effortlessly for both entertaining and everyday living. The chef's kitchen, fitted with bespoke cabinetry and professional-grade appliances, opens to the family room with sweeping views of the skyline beyond.The private quarters upstairs offer serenity and comfort, with a luxurious primary suite featuring a spa-inspired ensuite and walk-in dressing room. Additional bedrooms provide generous space for family and guests alike.On the lower level, lifestyle continues with versatile areas for recreation, fitness, and relaxation-designed for modern living at its finest.Outdoors, The Pinnacle reveals its crown jewel: a resort-inspired retreat. A sparkling in-ground pool, multiple terraces, and manicured gardens offer a sanctuary for both intimate evenings and grand celebrations, all set against breathtaking vistas of the city skyline.Set on nearly one acre of beautifully landscaped land in one of Richmond Hill's most prestigious enclaves, The Pinnacle at Park Lane stands as a rare opportunity-a residence where setting, design, and lifestyle converge at the very highest level.This is elevated living.This... is The Pinnacle at Park Lane.A world of magnificence awaits.


Property Details

Style2-Storey
ViewPark/Greenbelt, Trees/Woods
Age of property-
SqFt~5000 + SqFt
Lot Size15,459 SqFt(244 x 63.36)
Parking Spaces14
MLS ®NumberN12464803
Community NameBayview Hill
Data SourceTRREB
Listing byHAMMOND INTERNATIONAL PROPERTIES LIMITED

Features

Heating: Other
Central Vacuum
Cooling: Other
Fireplace
Basement: Fin W/O

Family

7.62 x 6.22

W/O To Terrace / Combined W/Game / Broadloom


Features

Lot size: 15,459 SqFt
Pool: Inground

Parking

Garage spaces 4

Garage type Attached

Other parking spaces 10

Total parking spaces 14


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
60 days on market
history photo preview45
Listing by trreb®
Property listed by HAMMOND INTERNATIONAL PROPERTIES LIMITED, Brokerage
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Market Data - Bayview Hill

Geo Zone Map ThumbnailBayview Hill

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

64 days

2023

24 days

2022

33 days

New Listings

Past 30 days

7 listings

Compared to

2024

7 listings

2023

10 listings

2022

8 listings

Units sold

Past 30 days

4 units

Compared to

2024

4 units

2023

3 units

2022

8 units

Median Sold Price

Past 30 days

$2,844,000

Compared to

2024

$2,592,500

2023

$2,150,000

2022

$2,841,944


Population and Demographics

Overview

Total population 9113
Average household income $181,728

Age (%)

0 to 19
21%
20 to 34
17%
35 to 49
17%
50 to 64
24%
65 and plus
21%

Household composition (%)

Single family
85%
Single person
11%
Multi person
2%
Multi family
2%

Mother tongue (%)

English
32%
Yue (Cantonese)
23%
Mandarin
23%
Iranian Persian
7%
Others
6%
Arabic
1%
Italian
1%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget