374 Elmwood Ave, Richmond Hill

Name: 374 Elmwood Avenue
SKU: N13597566
Price: 2999999 CAD
Availability: InStock

5 Bed, 6 Bath Detached Home in Richmond Hill

About 374 Elmwood Avenue

Welcome to 374 Elmwood Ave, a stunning custom-built executive residence in the heart of Richmond Hill, offering over 6,000 sq.ft. of refined living space on one of the largest lots in the area. This transitional masterpiece blends modern comfort with timeless design, located within the highly sought-after Bayview Secondary School district and just moments to shopping, parks, and everyday conveniences. Featuring 5 spacious bedrooms and 7 bathrooms, the home is thoughtfully designed for both family living and upscale entertaining.The main level showcases a top-of-the-line chef's kitchen, Heated Floors, elegant principal rooms, and seamless access to a covered veranda-complete with a wood-paneled ceiling, fireplace, and lounge setting-creating the perfect indoor-outdoor lifestyle. The primary retreat offers a private balcony and spa-like ambiance, while every detail throughout reflects quality craftsmanship and care.The walk-up basement is fully finished and exceptionally versatile, featuring 2 bedrooms, a 3-piece bath, a large recreation area with exposed beams, stone accents, a custom fireplace, a kitchenette/bar, and a dedicated home theatre-ideal for extended family or entertaining.Step outside to your own resort-style backyard oasis, highlighted by an in-ground pool and jacuzzi, expansive patio, and multiple seating areas including a cozy firepit lounge. Surrounded by lush landscaping, gardens, and even a greenhouse, this outdoor space is designed for year-round enjoyment. A professionally landscaped front yard and a 6-car interlock driveway lead to a fully equipped garage, perfect for parking or workshop use. A rare offering that truly has it all.

5 bedrooms, 6 bathrooms, about 3,500 sq ft, works out to roughly $857 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 374 Elmwood Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 3500-5000 sq ftas stated on the listing
Parking: 8 spacesYes garage
Basement: Finished, Finished with Walk-Out

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 8

Interior

Basement: Finished · Finished with Walk-Out

Exterior & construction

Pool: Yes

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

374 Elmwood Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Jul 23, 2026For saleListedThis listingMLS® N13597566$2,999,999

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 374 Elmwood Ave Compares to the Richmond Hill Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 1,420 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Richmond Hill market, last 90 days

Median sold price: $1,131,000
Average sold price: $1,233,917
Average days on market: 35
Homes sold: 781

Closed sales on the TRREB MLS®.

Full Richmond Hill market report

Market pulse · Richmond Hill

Richmond Hill market

Median sold price$1,131,000Last 90 days
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.7%On average, homes sold below asking.
Active listings1,164Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with May 3 – Aug 1, 2026: prices up.

Based on 781 sales from Aug 1 – Oct 30, 2026 (608 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Richmond Hill

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home374 Elmwood Avenue 5 bd · 6 ba · 3,500 sqft	$2,999,999asking	$857	—	—
30 Alhart Street 4 bd · 3 ba · 2,500 sqft
12 Cozens Drive 4 bd · 3 ba · 2,000 sqft
57 Ashfield Drive 4 bd · 3 ba · 2,500 sqft
2 Regent Street 5 bd · 2 ba · 3,000 sqft
71 Timber Valley Avenue 4 bd · 3 ba · 2,500 sqft
49 Grange Drive 4 bd · 4 ba · 2,500 sqft

30 Alhart Street
4 bd · 3 ba · 2,500 sqft
12 Cozens Drive
4 bd · 3 ba · 2,000 sqft
57 Ashfield Drive
4 bd · 3 ba · 2,500 sqft
2 Regent Street
5 bd · 2 ba · 3,000 sqft
71 Timber Valley Avenue
4 bd · 3 ba · 2,500 sqft
49 Grange Drive
4 bd · 4 ba · 2,500 sqft

Living in Richmond Hill: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Richmond Hill GO StationRichmond Hill GO640 m8 min walk
Langstaff GO StationRichmond Hill GO3.9 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Richmond Hill GO Station (Richmond Hill GO)8 min walk
Langstaff GO Station (Richmond Hill GO)3.9 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Richmond Hill GO Station
640 m8 minClosest· Richmond Hill GO
Homes near Richmond Hill GO Station
Langstaff GO Station
3.9 km· Richmond Hill GO
Homes near Langstaff GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 374 Elmwood Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 374 Elmwood Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $14,738; 20% down · 25 years · 5.5% assumed
Property tax: $1,650; 0.66% mill rate · ON
Total per month: $16,388; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$14,738

/mo

based on the purchase price of $2,999,999

Down payment20%

$600,000 cash

Amortization25 yr

$2,399,999 financed

Rate5.50%

$2,021,429 total interest

Principal54%$2,399,999

Interest46%$2,021,429

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 374 Elmwood Ave

How much is 374 Elmwood Ave listed for?

374 Elmwood Ave is listed at $2,999,999 (MLS® N13597566). Summitly updates the price as soon as the MLS® record changes.

Is $2,999,999 a good price for 374 Elmwood Ave?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 374 Elmwood Ave changed?

No — 374 Elmwood Ave is still listed at its original asking price of $2,999,999.

How many bedrooms and bathrooms does 374 Elmwood Ave have?

374 Elmwood Ave has 5 bedrooms and 6 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Richmond Hill.

Is 374 Elmwood Ave close to transit?

The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 640 m (about a 8-minute walk) in a straight line. Langstaff GO Station is about 3.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 374 Elmwood Ave?

About $14,738 a month — principal and interest on $2,999,999 with 20% down ($600,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 374 Elmwood Ave compare with other homes in Richmond Hill?

Its asking price of $2,999,999 is about 165% above the median sold price in Richmond Hill over the last 90 days, $1,131,000, across 781 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 374 Elmwood Ave been sold before?

Summitly has no earlier MLS® sale or lease of 374 Elmwood Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 374 Elmwood Ave?

374 Elmwood Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 374 Elmwood Ave been on the market?

99 days — 374 Elmwood Ave was listed on July 23, 2026.

What is the price per square foot of 374 Elmwood Ave?

About $600 to $857 per square foot: the asking price of $2,999,999 over the 3,500–5,000 sq ft the listing gives as its size range.

Does 374 Elmwood Ave have parking or a garage?

Yes — the listing gives 8 parking spaces. Garage: Yes.

What you should know

5 Bed, 6 Bath Detached Home in Richmond Hill

About 374 Elmwood Avenue

Inside 374 Elmwood Ave

Features & systems

374 Elmwood Ave Price & Sale History

How 374 Elmwood Ave Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 374 Elmwood Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Elmwood Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 374 Elmwood Ave, Richmond Hill in person

Similar homes for sale nearby in Richmond Hill

Explore More Detached Homes in Richmond Hill

5 Bed, 6 Bath Detached Home in Richmond Hill

About 374 Elmwood Avenue

Inside 374 Elmwood Ave

Features & systems

374 Elmwood Ave Price & Sale History

How 374 Elmwood Ave Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Market pulse · Richmond Hill

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 374 Elmwood Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Elmwood Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 374 Elmwood Ave, Richmond Hill in person

Questions About 374 Elmwood Ave

How much is 374 Elmwood Ave listed for?

Is $2,999,999 a good price for 374 Elmwood Ave?

Has the price of 374 Elmwood Ave changed?

How many bedrooms and bathrooms does 374 Elmwood Ave have?

Is 374 Elmwood Ave close to transit?

How much would the monthly mortgage be on 374 Elmwood Ave?

How does 374 Elmwood Ave compare with other homes in Richmond Hill?

Has 374 Elmwood Ave been sold before?

Where is 374 Elmwood Ave?

How long has 374 Elmwood Ave been on the market?

What is the price per square foot of 374 Elmwood Ave?

Does 374 Elmwood Ave have parking or a garage?

Similar homes for sale nearby in Richmond Hill

Explore More Detached Homes in Richmond Hill

Market pulse · Richmond Hill

Transit nearby

Transit

Questions About 374 Elmwood Ave

How much is 374 Elmwood Ave listed for?

Is $2,999,999 a good price for 374 Elmwood Ave?

Has the price of 374 Elmwood Ave changed?

How many bedrooms and bathrooms does 374 Elmwood Ave have?

Is 374 Elmwood Ave close to transit?

How much would the monthly mortgage be on 374 Elmwood Ave?

How does 374 Elmwood Ave compare with other homes in Richmond Hill?

Has 374 Elmwood Ave been sold before?

Where is 374 Elmwood Ave?

How long has 374 Elmwood Ave been on the market?

What is the price per square foot of 374 Elmwood Ave?

Does 374 Elmwood Ave have parking or a garage?