Detached House for sale at 48 Red Giant Street, Richmond Hill, Ontario, L4C 4Y4 - Observatory - MLS: N12470432

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48 Red Giant Street

Richmond Hill, Ontario, L4C 4Y4 - Observatory

$2,980,000

Virtual Tour

Neighbourhood

Observatory
Major Intersection

Bayview / N Of 16th

Listed Since: 12 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Detached, 2-Storey
Bedrooms

4
Bathrooms

6
Basement

Finished
Kitchen

1
Total Parking

6 (2 Attached Garage)
Lot Size

44.95x98.43 (Feet)
Taxes

$12,256.47 (2025)
Type

Freehold

Property Description

Property description for 48 Red Giant Street, Richmond Hill

3 Year New Luxury Detached Home W/ Fantastic Layout In the prestigious Observatory Hill community, offering over 4,500 sq ft of elegant living space. Situated on a lot with no sidewalk, it provides generous driveway parking. Over $300K Spent on Upgrades enhance every corner of this stunning residence. This spacious 4-bedroom, 6-bathroom residence offers a thoughtfully designed layout with 10 feet smooth ceilings on the main and 9-feet on both second floors and basement, hardwood flooring throughout, flat ceilings, pot lights. The great room showcases a beautiful waffle ceiling and a cozy fireplace, while the formal dining room boasts elegant coffered ceilings. The chef-inspired kitchen features a large center island, quartz countertops and backsplash, and premium stainless steel built-in appliances including a microwave, oven, dishwasher and gas stove. Each of the four spacious bedrooms comes with its own ensuite bathroom and walk-in closet, providing privacy and comfort for every family member. A bright second-floor laundry room adds everyday convenience. The professionally finished basement by the builder includes a luxury wet bar and a home cinema, perfect for entertaining. Much More Located within the top-ranking Bayview Secondary School and Sixteenth Avenue Public School zones, this home is ideal for families seeking quality education. Just 6 minutes to the GO Station and 8 minutes to Highways 404 and 407, you'll enjoy effortless commuting. Surrounded by the natural beauty of David Dunlap Observatory Park, and close to public transit, shopping centers, restaurants, supermarkets, and other amenities, this home offers the perfect blend of luxury, convenience, and lifestyle. A true must-see! Don't miss the opportunity to make this dream home yours.

Listed by BAY STREET GROUP INC.

Property details

MLS #

N12470432
Sq. Ft

3500-5000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

0-5
Pool

None
Drive

Private
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

N12470432
Sq. Ft

3500-5000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

0-5
Pool

None
Drive

Private
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Foyer

0.0 x 0.0 ft Ground level

Double Doors, Tile Floor
Living

0.0 x 0.0 ft Ground level

Open Concept, hardwood floor, Large Window
Dining

0.0 x 0.0 ft Ground level

Open Concept, Coffered Ceiling, hardwood floor
Great Rm

0.0 x 0.0 ft Ground level

French Doors, Coffered Ceiling, Gas Fireplace
Kitchen

0.0 x 0.0 ft Ground level

B/I Appliances, Tile Floor, Centre Island
Mudroom

0.0 x 0.0 ft Ground level

B/I Shelves, Access To Garage
Study

0.0 x 0.0 ft 2nd level

Open Concept, Large Window, hardwood floor
Primary

0.0 x 0.0 ft 2nd level

5 Pc Ensuite, W/I Closet, hardwood floor
2nd Br

0.0 x 0.0 ft 2nd level

3 Pc Bath, W/I Closet, hardwood floor
3rd Br

0.0 x 0.0 ft 2nd level

3 Pc Bath, W/I Closet, hardwood floor
4th Br

0.0 x 0.0 ft 2nd level

3 Pc Bath, W/I Closet, hardwood floor
Rec

0.0 x 0.0 ft Bsmt level

Open Concept, 4 Pc Bath, Wet Bar

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Open house for 48 Red Giant Street, Richmond Hill

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Local Real Estate Price Trends for Detached in Observatory

Active listings

Average Selling Price of a Detached

September 2025

$1,628,333

Last 3 Months

$1,645,222

Last 12 Months

$1,947,133

September 2024

$3,011,667

Last 3 Months LY

$2,743,889

Last 12 Months LY

$2,303,460

Change

-46%

Change

-40%

Change

-15%

How many days Detached takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

-49%

Change

-43%

Change

-3%

Average Selling price

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.