307 Richview Avenue, Toronto, ON
Forest Hill South, Toronto · MLS® C13227698
About this home
307 Richview Avenue Is A Custom Built Luxury Residence Offering Exceptional Design, over 5000 SQF Refined Finishes, And Seamless Family Living In A Prestigious Setting. Thoughtfully Crafted With Soaring Ceilings, Expansive Principal Rooms, And Abundant Natural Light, This Home Blends Modern Elegance With Warm, Livable Comfort. The Main Level Features Elegant Formal Living And Dining Areas, Designer Lighting, Custom Millwork, And Stunning Porcelain Tile Flooring Throughout. A Chef Inspired Kitchen Anchors The Space With Premium Appliances, Stone Surfaces, Bespoke Cabinetry, And A Bright Breakfast Area Overlooking The Private Backyard. The Adjacent Family Room Creates The Perfect Setting For Everyday Living And Entertaining. Upstairs, The Luxurious Primary Retreat Features A Spa Inspired Ensuite And Custom Dressing Areas, While Additional Bedrooms Offer Generous Layouts And Beautifully Finished Ensuites. The Lower Level Is Designed For Ultimate Comfort And Entertaining, Featuring A Large Recreation Room, Private Theatre, Gym, Second Laundry Room, Guest Accommodations, And Extensive Storage Space. Professionally Landscaped Grounds, And A Private Backyard Retreat Complete This Exceptional Offering. Ideally Located Close To Top Rated Schools, Parks, Shopping, And Transit, 307 Richview Avenue Presents A Rare Opportunity To Own A Truly Special Home In One Of Toronto's Most Desirable Neighborhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13227698
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 40 × 128 ft
- Cross streets
- Richview Ave And Elderwood
- Parking
- 15 garage · 35 parking (attached)
- Basement
- Walk-Up, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $30,133 / 2025
- Days on market
- 46
- Listing brokerage
- HOUSESIGMA INC.
Rooms
porcelain floor · centre island · overlooks backyard
porcelain floor · b/i bookcase · large window
porcelain floor · b/i desk · large window
porcelain floor · b/i appliances
Listed at $6,699,000, this home is about 21% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $6.60M, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $8.50M
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $8.48M
That comparable adjusts to $8.48M; the $8.47M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $8.47M, median of 8 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $1,867/sqft.
45 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Forest Hill South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $5,359,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $28,599
- Property tax
- $2,511
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $31,110
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $153,950
- Toronto municipal land transfer tax
- $234,920
- Estimated closing costs
- $388,870
Plus your down payment of $1,339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,715,921
- Principal paid down
- $682,495
- Interest paid
- $1,033,425
- Balance remaining
- $4,676,705
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSESIGMA INC.. MLS®/PropTx.