106 Teefy Avenue, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13003356

$3,999,999
For Sale
Listed 158 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
7Bathrooms
3Garage
5,000Sq ft

About this home

In short

  • Prestigious South Richvale Estate | Iconic Lot | Timeless Luxury" Welcome To One Of South Richvales Crown Jewels A Rare Opportunity To Own A Landmark Estate On An...
  • Located On One Of The Areas Most Prestigious Streets, This Residence Offers Nearly 8,000 Sq Ft Of Total Living Space And Defines What It Means To Live With Distinction.
  • Every Detail Reflects Timeless Craftsmanship And Modern Luxury, From The Soaring Ceilings To The Custom Finishes Throughout.
  • The Home Features Four Fully Renovated Kitchens With Premium Jenn-Air Appliances, Sleek Cabinetry, And Contemporary Design, Perfectly Suited For Multigenerational...
  • Mature Trees Offer Natural Privacy, Surrounding An In-ground Pool With A Connected Hot Tub And A Fully Equipped Cabana Kitchen For Effortless Summer Living.

Prestigious South Richvale Estate | Iconic Lot | Timeless Luxury" Welcome To One Of South Richvales Crown Jewels A Rare Opportunity To Own A Landmark Estate On An Extraordinary 140 Ft x 140 Ft Corner Lot, Nestled Among The Most Luxurious Homes In Richmond Hill. Located On One Of The Areas Most Prestigious Streets, This Residence Offers Nearly 8,000 Sq Ft Of Total Living Space And Defines What It Means To Live With Distinction. From The Moment You Arrive, The Home's Presence Commands Attention. A Circular Driveway Accommodates Over Eleven Vehicles With Ease, Leading To A Spacious Three-Car Garage. Inside, The Home Unfolds Into Multiple Living Spaces Designed For Both Grand-Scale Entertaining And Comfortable Family Living. Every Detail Reflects Timeless Craftsmanship And Modern Luxury, From The Soaring Ceilings To The Custom Finishes Throughout.The Home Features Four Fully Renovated Kitchens With Premium Jenn-Air Appliances, Sleek Cabinetry, And Contemporary Design, Perfectly Suited For Multigenerational Living Or Seamless Entertaining. Three Laundry Rooms Offer Practical Convenience Across Different Levels. The Bathrooms Have Also Been Thoughtfully Updated With Spa-Like Features And Refined Finishes. Outdoors, The Resort-Like Backyard Is A Private Sanctuary. Mature Trees Offer Natural Privacy, Surrounding An In-ground Pool With A Connected Hot Tub And A Fully Equipped Cabana Kitchen For Effortless Summer Living. An Indoor Sauna Adds To The Homes Wellness Appeal, Making This Estate A Retreat In Every Season.This Home Is Not Just A Residence..Its A Rare Statement Of Opulence, Privacy, And Prestige In One Of The GTAs Most Sought-After Neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13003356
Bedrooms
4+2 (6 total)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
140 × 140 ft
Cross streets
Bathurst & Teefy Avenue
Parking
3 garage (built-in)
Basement
Finished, Separate Entrance
Kitchens
4 (2 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Other
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$17,342 / 2025
Days on market
158
Listing brokerage
REAL BROKER ONTARIO LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in South Richvale (3,500 sq ft and up) have sold between $2.13M and $14.70M over the last two years (36 sales).

Considering this property? Request a written price read

The assigned public school is Charles Howitt PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in South Richvale · asking prices
$4.00Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $860/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
4.00MThis home3.19M2.00M6.80MThis home vs active comparables

Neighbourhood & location

South Richvale, Richmond Hill, 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.

North Richvale
$1.24M
Langstaff
$2.14M
Mill Pond
$1.92M
Harding
$2.23M
Crosby
$1.12M

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

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 Charles Howitt PS
74%
Charles Howitt PSPublic · Elementary · JK-8 · 1.2 km awayAround the GTA average · 74% meet the provincial standard
St. Theresa Of LisieuxEQAO results not published
Also nearby: 11 more schools within 2.5 km
Roselawn Public School · Public elementary0.9 km · 74% at standard
Thornhill Woods Public School · Public elementary1.5 km · 81% at standard
Carrville Mills Public School · Public elementary1.6 km · 85% at standard
Ross Doan Public School · Public elementary1.7 km · 80% at standard
Nellie McClung Public School · Public elementary1.8 km · 74% at standard
Anne Frank Public School · Public elementary1.9 km · 58% at standard
Stephen Lewis Secondary School · Public secondary2.0 km · 86% at standard
St Anne Catholic Elementary School · Catholic elementary2.2 km · 87% at standard
Bakersfield Public School · Public elementary2.2 km · 77% at standard
St John Paul II Catholic Elementary School · Catholic elementary2.4 km · 82% at standard
Red Maple Public School · Public elementary2.4 km · 69% at standard

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

Affordability & Mortgage

Affordability
$18,231/mo
$742KIncome needed
5.4×Price ÷ income
$4,207Weekly cost
$86,475Land transfer tax, one-time (Ontario)
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.

93%mortgage
Mortgage $18,231Property tax $1,445Total carry $19,676

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,516per month

Mortgage amount $3,199,999 · 4.39% over 25 years

$800,000Down payment (20.0%)
$3,199,999Loan before insurance
$0CMHC premium
$18,961Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,516
Property tax
$1,445
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,961

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

One-time closing costs

Ontario land transfer tax
$86,475
Estimated closing costs
$86,475

Plus your down payment of $800,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$21,221/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

$2,054,792Total interest paid
$5,254,791Total of all payments
Principal $3,199,999 Interest $2,054,792
YearPrincipalInterestBalance
1$72,412$137,780$3,127,587
2$75,626$134,566$3,051,961
3$78,982$131,209$2,972,979
4$82,488$127,704$2,890,492
5$86,149$124,043$2,804,343
6$89,972$120,220$2,714,371
7$93,965$116,227$2,620,406
8$98,135$112,056$2,522,270
9$102,491$107,701$2,419,780
10$107,040$103,152$2,312,740
11$111,790$98,401$2,200,950
12$116,752$93,440$2,084,198
13$121,933$88,258$1,962,265
14$127,345$82,847$1,834,920
15$132,997$77,195$1,701,923
16$138,899$71,292$1,563,024
17$145,064$65,128$1,417,960
18$151,502$58,689$1,266,458
19$158,226$51,966$1,108,232
20$165,248$44,943$942,983
21$172,582$37,609$770,401
22$180,242$29,950$590,159
23$188,241$21,950$401,917
24$196,596$13,596$205,321
25$205,321$4,870$0

At the end of your 5-year term

Total paid over the term
$1,050,958
Principal paid down
$395,656
Interest paid
$655,302
Balance remaining
$2,804,343

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
From 11 whole-home leases in South Richvale$7,078/mo
$84,936Gross annual rent
1.4%Cap rate after taxes and upkeep
$5,797 to $8,068Typical rent range
~25 daysTo find a tenant, on average

The suite is real income here: basements rent in South Richvale (18 of 72 recent detached leases were basement units, around $2,050 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,050 a month on top of the upper floors. Permitted use is worth confirming with the city.

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

Talk about the numbers

The last 11 whole-home leases in South Richvale signed at a median of $6,265 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,078. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.1%
Gross yield
− Property tax $17,342− Insurance $1,400− Vacancy & upkeep $9,343Net operating income $56,851

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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