166 Prairie Rose Drive, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13032988

$3,399,900
For Sale
Listed 180 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
5Bathrooms
4Garage · 7 parking
3500-5000Sq ft

About this home

In short

  • Welcome to this 2 years new bright and spacious (over 4800 sq ft) home located on a wide lot.
  • This beautiful 2 stry 5-bdrm home offers a cozy and tranquil living setting to raise your family.
  • Upstairs feature 5 well appointed bdrms all with its own ensuites.
  • 10 Ft Ceilings On Main Floor And 9 Ft Ceilings On 2nd Floor.
  • Discover the potential: 4-car garage with access to mudroom w built-in storage, airy unfinished basement with large windows and walk-out.

Welcome to this 2 years new bright and spacious (over 4800 sq ft) home located on a wide lot. This beautiful 2 stry 5-bdrm home offers a cozy and tranquil living setting to raise your family. As you explore this home, you'll be captivated by its elegant design & sophisticated charm. Enjoy the open family living with its west facing Kitchen open to the breakfast area & Family Room. Celebrate special moments in the separate formal dining room. The separate formal living room is a great place to reminisce with those special guests. Separate yourself with a private Den where the atmosphere is set for you to get down to some serious work. Upstairs feature 5 well appointed bdrms all with its own ensuites. Red Oaks is a community at Bayview Ave. & Elgin Mills. Its less than 5 mins to 404, surrounded by green spaces, world-class golf courses, shops, restaurants and top-tier healthcare facilities. 10 Ft Ceilings On Main Floor And 9 Ft Ceilings On 2nd Floor. Den On First Floor With Window, Perfect For Family With Seniors. Hundred Thousands of Upgrades: Custom Mouldings Throughout, Over 100 Potlights Installed Including Bedrooms, Wainscotting, etc. Discover the potential: 4-car garage with access to mudroom w built-in storage, airy unfinished basement with large windows and walk-out. Customize your family's lifestyle.

Key facts

Property type
Detached, 2-Storey
MLS®
N13032988
Bedrooms
5+1 (6 total)
Bathrooms
5
Size
3500-5000 sq ft
Lot
59.02 × 95.64 ft
Cross streets
Bayview / Elgin Mills Rd E
Parking
4 garage · 7 parking (built-in)
Driveway
Private
Basement
Unfinished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$14,092 / 2025
Days on market
180
Listing brokerage
LANDPOWER REAL ESTATE LTD.

Rooms

Bedroom 5Second4.27 × 4.27 m

laminate · walk-in closet(s) · semi ensuite

Primary BedroomSecond7.33 × 4.88 m

laminate · 5 pc ensuite · walk-in closet(s)

DenGround3.35 × 3.66 m

Hardwood Floor

Bedroom 2Second5.08 × 4.11 m

laminate · closet · semi ensuite

Bedroom 4Second3.66 × 3.96 m

laminate · 4 pc ensuite · closet

Bedroom 3Second5.49 × 4.52 m

laminate · closet · semi ensuite

KitchenGround2.89 × 4.86 m

ceramic floor · centre island · stainless steel appl

Dining RoomGround3.81 × 5.03 m

hardwood floor · window

Living RoomGround3.65 × 4.27 m

Hardwood Floor

BreakfastGround3.66 × 4.86 m

ceramic floor · double doors · w/o to deck

Great RoomGround4.27 × 5.49 m

hardwood floor · gas fireplace · large window

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

Neighbourhood & location

Rural Richmond Hill, 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.

Rouge Woods
$1.77M
Crosby
$1.92M
Jefferson
$1.41M
Westbrook
$1.58M
Mill Pond
$1.50M

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) →

Affordability & Mortgage

Affordability
$15,496/mo
$629KIncome needed
5.4×Price ÷ income
$3,576Weekly cost
$71,473Land 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 $15,496Property tax $1,174Total carry $16,670

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,039per month

Mortgage amount $2,719,920 · 4.49% over 25 years

$679,980Down payment (20.0%)
$2,719,920Loan before insurance
$0CMHC premium
$16,213Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,039
Property tax
$1,174
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,213

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

One-time closing costs

Ontario land transfer tax
$71,473
Estimated closing costs
$71,473

Plus your down payment of $679,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,202/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

$1,791,751Total interest paid
$4,511,671Total of all payments
Principal $2,719,920 Interest $1,791,751
YearPrincipalInterestBalance
1$60,697$119,770$2,659,223
2$63,453$117,014$2,595,770
3$66,334$114,133$2,529,436
4$69,346$111,121$2,460,090
5$72,494$107,973$2,387,596
6$75,786$104,681$2,311,810
7$79,227$101,240$2,232,583
8$82,824$97,643$2,149,759
9$86,585$93,882$2,063,175
10$90,516$89,951$1,972,659
11$94,626$85,841$1,878,033
12$98,922$81,545$1,779,111
13$103,414$77,053$1,675,697
14$108,109$72,358$1,567,588
15$113,018$67,449$1,454,571
16$118,149$62,318$1,336,422
17$123,513$56,953$1,212,909
18$129,121$51,345$1,083,787
19$134,984$45,483$948,803
20$141,113$39,354$807,690
21$147,520$32,947$660,170
22$154,218$26,249$505,953
23$161,220$19,247$344,733
24$168,540$11,927$176,192
25$176,192$4,274$0

At the end of your 5-year term

Total paid over the term
$902,334
Principal paid down
$332,324
Interest paid
$570,010
Balance remaining
$2,387,596

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
1.9%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.6%
Gross yield
− Property tax $14,092− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,006

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

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