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New3 days ago

20 ORMSBY Court

Bayview Hill, Richmond Hill

$2,900,000

Detached|2-Storey
4 | 5 | 6
About this home

Welcome to this exceptional custom-built masterpiece, where luxury, privacy & effortless functionality meet a spectacular parkland setting. Offering approx. 4233 sf above grade plus a fully finished bsmt, this distinguished residence backs onto tranquil parkland with unobstructed year-round scenic views. The grand main floor features 9' ceilings, exquisite wall paneling, custom built-ins & 4 cozy gas fireplaces. A chef-inspired kitchen showcases granite countertops & S.S appliances. Elegant iron-picket stairs lead to a spectacular 10'4" sun-filled library. The finished bsmt is an entertainer's dream, featuring a spacious recreation rm, games rm, wet bar, children's playroom, bdrm & bath. Step outdoors to a meticulously landscaped private oasis with a beautifully maintained inground pool, lush greenery & breathtaking parkland views-an idyllic setting for summer entertaining & peaceful family living. A rare architectural gem offering refined interiors, exceptional craftsmanship & resort-inspired living in one of the area's most prestigious enclaves.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$16,912
Lot Size50.13 ft x 153.12 ft
mls© NumberN13781744
Listed ByKW Living Realty

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What the bank counts

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

Mortgage, tested at 6%
$14,844
Property tax
$1,409
Heat allowance
$150
Housing costs
$16,403 / mo

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

Down payment20% · $580,000
25-yr amortization

Income needed

$505,000

gross annual household income

Payment at 4%
$12,204 / mo
Cash down
$580,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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