The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Rare offering in coveted community of South Richvale. This custom full stone two storey sits on a 1.33 acre ravine lot at the end of a gated, dead-end cul-de-sac with total privacy. Held by its original owner and built with superior construction materials, the home offers 3,722 square feet above grade plus a bright finished walk-out lower level, four bedrooms, five bathrooms, and an elevator serving all three levels as well as the garage. Entertaining-sized principal rooms span the of the home, each framing the ravine: separate formal living and dining rooms, a main floor office, and a family room anchored by a floor-to-ceiling stone fireplace. The centre-island kitchen walks out to a terrace over the trees, with a sunny private breakfast area and southern exposure. Custom walnut hardwood floors, nine-foot smooth ceilings, custom cornice mouldings, a large skylight, and a sculptural floating oak staircase rising from the lower level to the second storey. The primary retreat offers a sitting area, walk-in closet, spa-inspired ensuite, and a private balcony over the ravine. A second bedroom enjoys its own four-piece ensuite, and all secondary bedrooms are generously sized. The walk-out lower level offers space to create a full in-law suite built for multi-generational living: an oversized living and dining area, second kitchen, sauna, wine room, abundant storage, and two walk-outs to a covered patio over the ravine. The setting is the rarity. A wrought iron gated entrance opens to an oversized interlock driveway. The home backs onto your own private ravine that cannot be severed or developed, steps to nature trails, minutes to highways and commuter routes and access to top private schools.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$11,494/mo
Mortgage (principal + interest)$9,943
Property taxFrom listing: $18,602/yr$1,550
Minimum 20% ($531,600 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$531,600
Ontario land transfer taxProvincial brackets, no first-time refund$52,925
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$587,325
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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