Six-Bedroom South Richvale Estate with Massive Pool and Cabana

Property details for 56 Winchester Lane, Richmond Hill

Type: Residential
Bedrooms: 7
Bathrooms: 8
Lot Size: 72.7 x 151.7 FT
Stories: 2
Basement: Finished, Full, Apartment in basement, Walk out, N/A, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Exterior: Stone, Stucco
Ownership: Freehold
Annual Taxes: $22,545

The standout here is the yard. South-facing, 72.7 by 151.7 feet, with a large inground pool, cabana, hot tub, outdoor bar, and interlocked patio. Seriously resort-grade. Inside you get over 8,000 square feet of total floor space across three levels, with six beds upstairs plus a full in-law suite in the walk-out basement. The main floor has 10-foot ceilings, a limestone foyer, and a wrought-iron staircase that opens to a cathedral living room. Kitchen's a chef's setup with granite counters and high-end appliances, including a Sub-Zero fridge and Viking 8-burner stove. The primary suite takes up one wing with a sitting area, his-and-her walk-ins, and a private terrace. Each of the other five bedrooms has its own ensuite. Lower level adds a rec room, media space, gym, and second kitchen. There's also a sauna, EV charger, and sprinkler system. The lot backs onto green space. Walk to Langstaff Secondary in 4 minutes; Hillcrest Mall is a 5-minute drive. Price at $4,588,000 undercuts the neighborhood median of $4,688,000, likely because the finishes are original and ready for personalizing. Taxes run about $22.5K. Huge house. Huge yard. Room to make it yours.

About 56 Winchester Lane, Richmond Hill — Property Score

Prime Location Spacious Feature Rich

Score: 67/100

Value

Priced 91.6% above area median of $2,394,000 based on 72 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

7 bedrooms - 2 more than similarly priced 5-bedroom homes nearby 84

8 bathrooms - 2 more than similarly priced properties nearby 84

11,029 sqft lot - an oversized lot for the area 90

Location

$104K median household income - above the Canadian average of $70K 82

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

95% homeownership rate - indicating a stable, owner-occupied community 96

64% of residents commute under 30 minutes - excellent commuter accessibility 81

1,731/km² population density - a well-balanced suburban area 87

Market

Just listed - area average is 61 days on market 100

+34477.2% median price change over 1 month - rising prices in the area 100

43.6 months of housing supply - 480 active listings with 11 sold last month (buyer's market) 40

Features

13-car garage - more than the area average of 6 spots 95

Finished, Full, Apartment in basement, Walk out, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

Pool - premium features that add significant value 65

Investment

0.49% effective tax rate ($22,545/yr) - very low tax burden 85

5% renter population - primarily owner-occupied area 36

Quality

Condition

Listing

50 photos provided - 35% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.