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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 78 daysPrice drop · $79,001 off (-2.4%)

    374 Elmwood Avenue

    ·Richmond Hill, ON··

    • 5 beds
    Richmond Hill real estate›N13087974
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 24, 2026Price reducedCurrentReduced$3,199,999−$79,001 (2.4%)N13087974This page
    Jul 23, 2026Previously listedNew$2,999,999 —N13597566View
    May 6, 2026ListedCurrentFor sale$3,279,000 —N13087974This page
    Feb 3, 2025Previously listedExp$3,888,888 —N11954405View
    Sep 8, 2024Previously listedExp$3,998,888 —N9306743View
    Apr 26, 2024Previously listedTer$3,998,888 —N8274488View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 374 Elmwood Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $15,721
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,271
    0.48% mill rate · ON
    The market

    How this home sits in the Richmond Hill market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Richmond Hill market right now

    Average sold price, days on market, and closed-transaction count for Richmond Hill — sourced from MLS®.

    • Avg sold price
      $1,207,655
      Last 30 days
    • Median sold price
      $1,130,000
      Middle of the market
    • Days on market
      31 d
      Avg from list to close
    • Closed last 30d
      615
      MLS® transactions
    Full Richmond Hill market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 374 Elmwood Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 374 Elmwood Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 374 Elmwood Avenue listed for?

      374 Elmwood Avenue is listed at $3,199,999 on the MLS® (listing N13087974). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 374 Elmwood Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 7 baths
  2. 3500-5000 sqft
  3. Detached
  4. Asking
    $3,199,999
    $0 / sqft · MLS® N13087974
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,642,411
    $1,511,018Confidence range$1,773,804
    Asking vs estimate
    ↑↑well-above
    +$1,557,588
    (+94.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Richmond Hill sell in about 31 days — this one has been listed 78 days.

    Avg sold price
    $1,207,655
    Median sold
    $1,130,000
    Avg days on market
    31
    Recently sold
    615
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • 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.
    • 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.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    8
    Driveway
    Private Double
  7. Interior

    5
    Basement
    Finished, Finished with Walk-Out
    Family room
    N
    Kitchens
    1
    Total rooms
    10
    Laundry level
    Upper Level
  8. Exterior & construction

    4
    Exterior
    Stone, Stucco (Plaster)
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    Inground
  9. Listing & possession

    3
    Occupancy
    60/TBA
    Property style
    2-Storey
    Property class
    Detached
  10. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Breakfast
      heated floor · porcelain floor · overlooks backyard
      12.0 × 6.9 ft
    • Kitchen
      porcelain floor · heated floor · centre island
      17.5 × 15.7 ft
    • Office
      hardwood floor · pot lights · overlooks frontyard
      11.3 × 9.3 ft
    • Dining Room
      hardwood floor · pot lights
      22.0 × 15.1 ft
    • Family Room
      hardwood floor · gas fireplace · gas fireplace
      18.8 × 17.5 ft

    Second level

    5 rooms
    • Primary Bedroom
      6 pc ensuite · w/o to balcony · his and hers closets
      22.9 × 15.4 ft
    • Bedroom 2
      3 pc ensuite · walk-in closet(s) · hardwood floor
      17.4 × 17.2 ft
    • Bedroom 3
      3 pc ensuite · walk-in closet(s)
      13.7 × 12.8 ft
    • Bedroom 4
      3 pc ensuite · hardwood floor
      16.0 × 12.2 ft
    • Bedroom 5
      3 pc ensuite · hardwood floor
      15.9 × 13.6 ft

    Basement level

    2 rooms
    • Recreation
      walk-up · wet bar · gas fireplace
      39.7 × 22.3 ft
    • Media Room
      Separate Room
      22.0 × 13.8 ft
    Combined estimate
    $16,992
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $15,721
    /mo
    based on the purchase price of $3,199,999
    $640,000 cash
    $2,559,999 financed
    $2,156,191 total interest
    Monthly payment$15,721/ month
    Principal54%$2,559,999
    Interest46%$2,156,191

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Richmond Hill

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 9 Tarmack Drive
      Sold
      Sign in for price
      9 Tarmack Drive
      Detached
    • 258 Valleymede Drive
      Sold
      Sign in for price
      258 Valleymede Drive
      Detached
    • 34 Inverhuron Street
      Sold
      Sign in for price
      34 Inverhuron Street
      Detached
    • 16 Grovewood Street
      Sold
      Sign in for price
      16 Grovewood Street
      Detached
    • 3 Lorwood Court
      Sold
      Sign in for price
      3 Lorwood Court
      Detached
    • 36 Devonsleigh Boulevard
      Sold
      Sign in for price
      36 Devonsleigh Boulevard
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    374 Elmwood AvenueThis home5 / 735,005,000$3,199,999ask———
    9 Tarmack Drive4 / 43,000—
    258 Valleymede Drive4 / 43,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Richmond Hill

    Active listings within ±20% of this asking price.

    • 31 Vesta Drive
      $2,788,000
      31 Vesta Drive
      Detached 4 4
    • 374 Elmwood Avenue
      $2,999,999
      374 Elmwood Avenue
      Detached 5 7
    • 11 Sorrento Drive
      $2,599,000
      11 Sorrento Drive
      Detached 4 5
    • 16 Frybrook Crescent
      $3,280,000
      16 Frybrook Crescent
      Detached 5 6
    • 48 May Avenue
      $2,599,000
      48 May Avenue
      Detached 4 5
    • 34 May Avenue
      $3,750,000
      34 May Avenue
      Detached 4 5
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of RE/MAX REALTRON REALTY INC. · displayed on Summitly per MLS® data-share rules

    374 Elmwood Avenue is a 5-bedroom, 7-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 374 Elmwood Avenue built?

    The year built for 374 Elmwood Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 374 Elmwood Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 374 Elmwood Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 374 Elmwood Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $3,199,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 374 Elmwood Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 374 Elmwood Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 374 Elmwood Avenue in?

    374 Elmwood Avenue is in Harding, Richmond Hill. The 'Neighbourhood' section below links to the live Richmond Hill real estate hub with average sold price, days on market, and current inventory.

  20. Is Richmond Hill a good place to live?

    Richmond Hill is one of ON's actively-tracked Summitly markets. The full Richmond Hill real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 34 Inverhuron Street
    4 / 3
    2,000
    —
    16 Grovewood Street4 / 43,000—
    3 Lorwood Court4 / 42,000—
    36 Devonsleigh Boulevard5 / 53,000—