$2,888,888
For sale: Detached

**Luxury Rare Found Rear 70' Wide Backyard**Nestled in the prestigious and highly sought-after Observatory Hill Neighborhood, this exceptional home features over $500K in upgrades-nothing here is standard. Offering 4,386 sqft above grade, plus a HEATED basement with oversized upgraded windows, this residence is thoughtfully designed for luxury, comfort, and functionality. The exceptional open-concept layout features 10ft ceilings on the main floor and 9ft ceilings on the 2nd floor and basement, LED pot lights, and premium 7-inch hardwood flooring throughout. Automatic Toto Toilet for Powder Rm, Primary Ensuite & 2nd Ensuite. Custom aluminum blast-resistant front door and rear-yard double door with blast-resistant glass.The chef-inspired kitchen showcases a HEATED floor, custom ceiling-height cabinetry, top-of-the-line built-in appliances including a Wolf gas cooktop,42" Sub-Zero refrigerator/freezer, Wolf steamer and oven, built-in microwave, dishwasher, and beverage fridge. Elegant porcelain waterfall countertops and a matching porcelain backsplash add a sophisticated finish. A stunning double-sided fireplace wrapped in porcelain creates a seamless focal point between the kitchen and family room, offering warmth and elegance. The spacious primary bedroom features a customized walk-in closet. The luxurious primary ensuite includes a frameless glass oversized shower, and HEATED flooring. A large retreat room provides exceptional flexibility can be used as a gym, second closet, private office, or additional living space. The 2nd and 3rd bedrooms feature 10ft ceilings and floor-to-ceiling windows, providing an abundance of natural light. A spacious third-floor loft offers a luxurious bar area and walk-out access to a large private terrace-ideal for entertaining or relaxing.The 70-ft-wide oversized backyard offers tremendous potential for outdoor living, landscaping, entertaining, or future possibilities.The basement also presents the potential for a walk-up basement
Sold data
Detached homes in Richmond Hill (Observatory) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 266 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $1,498,400.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 266 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Observatory) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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