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Listed 8 days ago

28 Scott Drive

South Richvale, Richmond Hill

$5,298,000

Detached|2-Storey
5 | 8 | 9
About this home

Exquisite Custom Estate in Prestigious South RichvaleCrafted by Mahzad Homes, this 50 feet wide sun-filled masterpiece offers 8000 sqft of refined luxury. Featuring soaring 12-ft ceilings, oversized windows, and elegant archways, the open-concept layout is both grand and inviting.The show-stopping kitchen is magazine-worthy a modern white oak and Calacatta marble dream, complete with a bar, oversized island, and full suite of German Thermador appliances in both the main and prep kitchens. Designed by an artist, the main gourmet kitchen is truly one of a kind.This home includes 5 spacious bedrooms with private ensuites, two laundry rooms, a luxurious mudroom, and a full-size elevator servicing all three floors. The basement is walk-out, with radiant heated floors, a stylish bar, home theatre, two extra bedrooms, and a large multipurpose room.Outside, enjoy an oversized covered concrete porch and a resort-style pool, surrounded by lush landscaping and extended grounds with potential to sever an additional lot in the future. The 3-car garage, snow-melt driveway, dual HVAC systems, and built-in smart features ensure seamless comfort.Located among Richmond Hills finest homes and steps from elite schools, golf, and amenities, this estate is a rare blend of craftsmanship, design, and future potential.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$9,800
Lot Size50.08 ft x 314 ft
mls© NumberN13876760
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$27,118
Property tax
$817
Heat allowance
$150
Housing costs
$28,084 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,059,600
25-yr amortization

Income needed

$864,000

gross annual household income

Payment at 4%
$22,295 / mo
Cash down
$1,059,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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