307 Richview Avenue, Toronto, ON

Forest Hill South, Toronto · MLS® C13847698

$5,999,000
For Sale
Listed 18 days agoNo offer date stated
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4+1Bedrooms
6Bathrooms
1.5Garage · 3.5 parking
3500-5000Sq ft

About this home

In short

  • 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.
  • A Chef Inspired Kitchen Anchors The Space With Premium Appliances, Stone Surfaces, Bespoke Cabinetry, And A Bright Breakfast Area Overlooking The Private Backyard.
  • Upstairs, The Luxurious Primary Retreat Features A Spa Inspired Ensuite And Custom Dressing Areas, While Additional Bedrooms Offer Generous Layouts And Beautifully...
  • 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...

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®
C13847698
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
40 × 128 ft
Cross streets
Richview Ave And Elderwood
Parking
1.5 garage · 3.5 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
$30,662 / 2026
Days on market
18
Listing brokerage
HOUSESIGMA INC.

Rooms

Bedroom 3Second4.57 × 3.96 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

KitchenMain3.66 × 4.85 m

porcelain floor · centre island · overlooks backyard

OfficeMain4.08 × 5.24 m

porcelain floor · b/i desk · large window

Great RoomMain9.75 × 4.88 m

porcelain floor · gas fireplace · overlooks backyard

Bedroom 2Second5.49 × 4.11 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

SittingMain3.70 × 3.65 m

porcelain floor · b/i bookcase · large window

KitchenMain1.83 × 3.05 m

porcelain floor · b/i appliances

Media RoomLower3.66 × 3.66 m
Primary BedroomSecond5.79 × 5.18 m

hardwood floor · 6 pc ensuite · gas fireplace

Bedroom 5Lower3.35 × 3.05 m

porcelain floor · 3 pc bath

RecreationLower6.10 × 9.14 m

porcelain floor · gas fireplace · b/i bar

Bedroom 4Second4.27 × 3.35 m

hardwood floor · 3 pc ensuite · b/i closet

Exercise RoomLower3.66 × 3.35 m

Porcelain Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$10.41Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $2,162/sqft; this home lists at $1,412/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
6.00MThis home5.20M6.00M10.18M13.50M17.20MThis home vs active comparables

Neighbourhood & location

Forest Hill South, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Leaside
$2.15M
Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K
Willowdale East
$2.29M
Bayview Village
$1.60M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Holy Rosary
89%
Holy RosaryCatholic · Elementary · 1.4 km awayHigher-rated than most nearby · 89% meet the provincial standard
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Forest Hill Junior and Senior Public School · Public elementary0.7 km · 82% at standard
Cedarvale Community School · Public elementary0.7 km · 85% at standard
Forest Hill Collegiate Institute · Public secondary0.8 km · 76% at standard
North Preparatory Junior Public School · Public elementary1.1 km · 71% at standard
West Preparatory Junior Public School · Public elementary1.1 km · 77% at standard
J R Wilcox Community School · Public elementary1.2 km · 72% at standard
Humewood Community School · Public elementary1.2 km · 75% at standard
Oriole Park Junior Public School · Public elementary1.2 km · 100% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.6 km · 74% at standard
Allenby Junior Public School · Public elementary1.6 km · 78% at standard
St Alphonsus Catholic School · Catholic elementary1.7 km · 74% at standard
D'Arcy McGee Catholic School · Catholic elementary1.7 km · 48% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$27,341/mo
$1125KIncome needed
5.3×Price ÷ income
$6,310Weekly cost
$332,870Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $27,341Property tax $2,555Total carry $29,897

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$26,536per month

Mortgage amount $4,799,200 · 4.49% over 25 years

$1,199,800Down payment (20.0%)
$4,799,200Loan before insurance
$0CMHC premium
$29,091Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$26,536
Property tax
$2,555
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$29,091

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$136,450
Toronto municipal land transfer tax
$196,420
Estimated closing costs
$332,870

Plus your down payment of $1,199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$32,117/monthPayment at the qualifying rate

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

$3,161,480Total interest paid
$7,960,680Total of all payments
Principal $4,799,200 Interest $3,161,480
YearPrincipalInterestBalance
1$107,098$211,329$4,692,102
2$111,960$206,467$4,580,142
3$117,044$201,383$4,463,098
4$122,358$196,069$4,340,740
5$127,914$190,514$4,212,826
6$133,721$184,706$4,079,105
7$139,793$178,634$3,939,312
8$146,140$172,287$3,793,172
9$152,775$165,652$3,640,397
10$159,712$158,715$3,480,684
11$166,964$151,464$3,313,721
12$174,544$143,883$3,139,176
13$182,469$135,958$2,956,707
14$190,754$127,673$2,765,953
15$199,415$119,012$2,566,538
16$208,470$109,958$2,358,068
17$217,935$100,492$2,140,133
18$227,830$90,597$1,912,303
19$238,174$80,253$1,674,129
20$248,988$69,439$1,425,140
21$260,294$58,134$1,164,847
22$272,112$46,315$892,735
23$284,467$33,960$608,268
24$297,383$21,044$310,885
25$310,885$7,542$0

At the end of your 5-year term

Total paid over the term
$1,592,136
Principal paid down
$586,374
Interest paid
$1,005,762
Balance remaining
$4,212,826

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
0.8%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.5%
Gross yield
− Property tax $30,662− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $46,436

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSESIGMA INC.. MLS®/PropTx.

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