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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Richmond Hill
  • Bayview Hill
  • 501 Palmer Avenue
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  • Sold Sold in Dec 2025
  • Detached

501 Palmer Avenue

Richmond Hill, Bayview Hill
  • 5 Bedrooms
  • 5 Bathrooms
  • 3 Garage
  • Share
Sold Price: $ 2,600,000
3.67%
Listed Price: $ 2,699,000
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Room Details of 501 Palmer Avenue, Richmond Hill

FloorBedroomsBathrooms
Basement * 1
Ground * 1
Second 5 3

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Key Facts About 501 Palmer Avenue, Richmond Hill

  • Tax $15,064 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style 2-Storey
  • Size 3500 - 5000 feet²
  • Lot Irregularities 60.01 x 155.72 x 53.70 x 133.45 x 36.84
  • Lot Size 60 x 155 feet
  • Parking 3 garage, 6 parking
  • Basement Full
  • Listing # N12476785
  • Data Source PROPTX
  • Days on Market 39
  • Listed On 22/10/2025
  • Updated On 05/12/2025
  • Market Demand
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Description

Impeccably renovated luxury home in prestigious Bayview Hill! Features elegant stone exterior, interlock driveway W/ 3 Car garage. A grand foyer with skylight, wood staircase with iron pickets, and refined millwork set an impressive tone. Living & dining rooms showcase timeless detailing; main floor office overlooks the backyard; open-concept family room with fireplace connects to a bright sunroom and private landscaped yard. Windows and Roof replaced in 2017. 5 spacious bedrooms and 3 Bathrooms W/Fully Upgraded, Pro finished basement with bar

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Property Details of 501 Palmer Avenue, Richmond Hill

Property

  • Property Type Detached
  • Style 2-Storey
  • Fronting On N
  • Community Bayview Hill
  • Municipality Richmond Hill

Inside

  • Bedrooms 5
  • Bathrooms 5
  • Bathroom Details 3, 5pc Second
  • Bathroom Details 1, 2pc Main
  • Bathroom Details 1, 3pc Basement
  • Basement Full
  • Kitchen 1
  • Rooms 11
  • Family Rooms Y
  • Central Vac N
  • Fireplace Y

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 3500 - 5000 feet²
  • Architecture Style 2-Storey
  • Exterior Feature Brick

Parking

  • Garage Type Built-In
  • Garage 3
  • Parking Places 6
  • Total Parking Places 9

Land

  • Sewer Sewer
  • Frontage 60
  • Depth 155
  • Lot Size 60 x 155 feet
  • Lot Size Code Feet
  • Cross Street Bayview / 16th

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Our Estimate

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Estimated Rent

$ 6,922

Rental Yield

2.64%

School Score

8.4/10

Rental Score

1/5

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Rooms

Recreation
Level: Basement
Living Room
Level: Basement
Dining Room (5.14X3.66 metre)
Level: Main
Kitchen (6.86X3.58 metre)
Level: Main
Family Room (6.2X3.83 metre)
Level: Main
Primary Bedroom (6.91X3.68 metre)
Level: Second
Bedroom 2 (4.24X3.93 metre)
Level: Second
Bedroom 3 (4.33X5.04 metre)
Level: Second
Bedroom 4 (4.84X3.43 metre)
Level: Second
Bedroom 5 (4.33X3.63 metre)
Level: Second
Breakfast (6.86X3.58 metre)
Level: Main
Office (4.52X3.33 metre)
Level: Main
Living Room (8.13X3.66 metre)
Level: Main
Bathroom (5 pcs)
Level: Second
Bathroom (5 pcs)
Level: Second
Bathroom (5 pcs)
Level: Second
Bathroom (2 pcs)
Level: Main
Bathroom (3 pcs)
Level: Basement

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 501 Palmer Avenue, Richmond Hill

Introducing an exceptional opportunity to acquire a magnificent house for sale in Richmond Hill , located at 501 Palmer Avenue, Richmond Hill. This impeccably renovated luxury home is nestled within the prestigious Bayview Hill community, where elegance and sophistication meet comfort and convenience. With its impressive brick exterior and interlock driveway leading to a built-in three-car garage, this detached two-storey residence is a true gem.

As you enter the property at 501 Palmer Avenue, Richmond Hill, you are greeted by a grand foyer adorned with a stunning skylight that floods the space with natural light. The exquisite wood staircase, complemented by iron pickets, sets an impressive tone that flows throughout the home. The attention to detail is evident in the refined millwork that enhances the overall aesthetic of this splendid house for sale in Richmond Hill.

The main floor boasts a spacious living room and dining room, both showcasing timeless detailing that is sure to impress guests. An office, conveniently located on the main floor, overlooks the beautifully landscaped backyard, providing a serene workspace. The open-concept family room features a charming fireplace, perfect for cosy evenings, and seamlessly connects to a bright sunroom that invites the outdoors in. The private landscaped yard offers a tranquil retreat, ideal for entertaining or simply enjoying the peaceful surroundings.

This remarkable house for sale in Richmond Hill features five generously sized bedrooms, providing ample space for family and guests. The three bathrooms have been fully upgraded, ensuring both style and functionality. The property also includes a professionally finished basement, which boasts a bar and a home theatre, making it the perfect space for relaxation and entertainment. The full basement adds significant value to this already impressive home.

In terms of modern conveniences, the house at 501 Palmer Avenue, Richmond Hill is equipped with central air conditioning, ensuring comfort throughout the seasons. The heating system operates on forced air, providing efficient warmth during the colder months. The home is connected to municipal water and sewer services, further enhancing its appeal.

While this property does not feature a pool, the expansive lot measuring 60 x 155 feet offers plenty of outdoor space for various activities. The house also provides parking for up to six vehicles, accommodating both residents and guests with ease.

Situated in the desirable Bayview Hill community, this house for sale in Richmond Hill is just steps away from top-rated schools, parks, and shopping plazas. Its prime location ensures easy access to major highways, including Highway 404 and Highway 407, making commuting a breeze.

This unfurnished residence is move-in ready, allowing you to personalise the space to your taste and style. With its timeless elegance and modern amenities, this house for sale in Richmond Hill is a rare find that combines luxury living with everyday practicality.

In summary, 501 Palmer Avenue, Richmond Hill is a stunning example of refined living in a sought-after community. With five spacious bedrooms, three beautifully upgraded bathrooms, and an array of impressive features, this home is perfect for families seeking comfort and sophistication. Don't miss the chance to make this exquisite property your own—schedule a viewing today and discover the endless possibilities that await in this remarkable house for sale in Richmond Hill.

Bayview Hill, nestled within the vibrant city of Richmond Hill, is a picturesque suburban enclave renowned for its tranquil residential atmosphere and lush green spaces. This charming neighbourhood boasts an array of elegant homes, often set against the backdrop of scenic parks and well-maintained gardens, creating an inviting environment for families and professionals alike. With convenient access to major roadways and public transport, residents enjoy a seamless commute to nearby urban centres while benefiting from the area's excellent schools, diverse shopping options, and recreational facilities. The harmonious blend of natural beauty and modern amenities makes Bayview Hill an ideal location for those seeking a peaceful yet connected lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find St. Joseph Catholic Elementary School and St. Joseph (Richmond Hill) CES, both offering grades JK to 8 and rated 5.5, just 0.8 km away. For secondary education, Bayview Secondary School, located 0.6 km from the property, boasts an impressive rating of 9.4, while Our Lady Queen of the World CA, a Catholic secondary school, is 1.5 km away and rated 8. Additionally, Langstaff Secondary School, offering grades 9 to 12, is situated 4.5 km from the property with a rating of 5.8. For families interested in French-language education, Victoria Square Public School (4.7 km away) and Christ the King Catholic Elementary School (2.1 km away) also provide options. Overall, the area offers a variety of public and Catholic schools, catering to diverse educational needs and preferences, ensuring that your children have access to quality education within a convenient distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 660 residents, with an average household size of 3.4 individuals. The demographic profile indicates a mature community, with an average age of 44.2 years. The average household income is notably high at $178,000, although 8.4% of the population falls under the low-income category. The real estate market reflects this affluence, with average property prices around $2,280,000. The community is characterized by a significant presence of families, as 61.54% of households have children, and a considerable portion of the population, 62.6%, are immigrants. Socially, 36.84% of residents are single, and a small fraction, 5.41%, are renters, indicating a predominantly owner-occupied housing market with no condominiums available. Education levels are impressive, with 70.64% of residents holding a college or university degree. However, it is noteworthy that 43.12% of the population is not in the labor force, suggesting a mix of retired individuals and those not currently seeking employment. Overall, this area presents a vibrant community with strong educational attainment and a family-oriented environment.

FAQs About 501 Palmer Avenue, Richmond Hill

How many bathrooms does this property have?

This property features 5 bathroom(s) and 5 bedroom(s).

Does this 5 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 5 bed property in Richmond Hill is 3500 - 5000.

How many parking spaces are available with this property?

501 Palmer Avenue boasts 6 convenient parking spaces.

How many cars can be parked in the garage of 501 Palmer Avenue?

This property features a garage with space for 3 cars.

What type of garage does this property have?

This property includes an Built-In garage with space for 3 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Full basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 501 Palmer Avenue, Richmond Hill

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Listing History

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