42 Big Willow Crescent, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13033622

$2,450,000
For Sale
Listed 180 days agoNo offer date statedSitting longer than typical
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5Bedrooms
5Bathrooms
3Garage · 5 parking
3500-5000Sq ft

About this home

In short

  • Stunning luxury detached home offering approximately 4,092 sq. ft. of elegant living space, ideally situated on a premium ravine lot with a walk-out basement.
  • Enjoy breathtaking ravine views, abundant natural light, and a seamless blend of style and functionality throughout.
  • The home is thoughtfully upgraded with hardwood flooring, premium tiles, and quality finishes throughout.
  • The walk-out basement offers exceptional future potential, with the possibility of expanding to approximately 6,000 sq. ft. of total living space and/or creating an...
  • A rare opportunity to own a luxurious, spacious, and versatile home in a highly desirable ravine setting.

Stunning luxury detached home offering approximately 4,092 sq. ft. of elegant living space, ideally situated on a premium ravine lot with a walk-out basement. This spacious residence features 5 bedrooms, a 3-car garage, and a highly functional layout designed for both comfort and versatility. The main floor includes a full washroom and offers excellent potential for an in-law suite, making this home ideal for multigenerational living. Enjoy breathtaking ravine views, abundant natural light, and a seamless blend of style and functionality throughout. The home is thoughtfully upgraded with hardwood flooring, premium tiles, and quality finishes throughout. The walk-out basement offers exceptional future potential, with the possibility of expanding to approximately 6,000 sq. ft. of total living space and/or creating an additional income opportunity. A rare opportunity to own a luxurious, spacious, and versatile home in a highly desirable ravine setting. Photos were taken during the PDI process. Please refer to the 3D virtual tour for an inside look at the main and second-floor layout and structure.

Key facts

Property type
Detached, 2-Storey
MLS®
N13033622
Bedrooms
5
Bathrooms
5
Size
3500-5000 sq ft
Lot
42 × 114.8 ft
Cross streets
Leslie & 19th
Parking
3 garage · 5 parking (built-in)
Driveway
Private Double
Basement
Walk-Out, Unfinished
Heating
Forced Air
A/C
None
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$1 / 2026
Days on market
180
Listing brokerage
BAY STREET GROUP INC.
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 Rural Richmond Hill · asking prices
$2.76Mavg 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 $650/sqft; this home lists at $576/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.45MThis home2.30M2.10M3.89MThis home vs active comparables

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
Jefferson
$1.41M
Crosby
$2.05M
Oak Ridges Lake Wilcox
$1.50M
Westbrook
$1.58M

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
$11,166/mo
$422KIncome needed
5.8×Price ÷ income
$2,577Weekly cost
$47,725Land 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.

100%mortgage
Mortgage $11,166Property tax $0Total carry $11,166

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)
$10,837per month

Mortgage amount $1,960,000 · 4.49% over 25 years

$490,000Down payment (20.0%)
$1,960,000Loan before insurance
$0CMHC premium
$10,837Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,837
Property tax
$0
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,837

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

One-time closing costs

Ontario land transfer tax
$47,725
Estimated closing costs
$47,725

Plus your down payment of $490,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,117/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

$1,291,153Total interest paid
$3,251,153Total of all payments
Principal $1,960,000 Interest $1,291,153
YearPrincipalInterestBalance
1$43,739$86,307$1,916,261
2$45,725$84,321$1,870,536
3$47,801$82,245$1,822,736
4$49,971$80,075$1,772,764
5$52,240$77,806$1,720,524
6$54,612$75,434$1,665,912
7$57,092$72,954$1,608,821
8$59,684$70,362$1,549,137
9$62,394$67,652$1,486,743
10$65,227$64,819$1,421,516
11$68,188$61,858$1,353,328
12$71,284$58,762$1,282,044
13$74,521$55,525$1,207,523
14$77,904$52,142$1,129,619
15$81,441$48,605$1,048,178
16$85,139$44,907$963,038
17$89,005$41,041$874,033
18$93,046$37,000$780,987
19$97,271$32,775$683,717
20$101,687$28,359$582,029
21$106,304$23,742$475,725
22$111,131$18,915$364,594
23$116,177$13,869$248,417
24$121,452$8,595$126,966
25$126,966$3,080$0

At the end of your 5-year term

Total paid over the term
$650,231
Principal paid down
$239,476
Interest paid
$410,755
Balance remaining
$1,720,524

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
3.1%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.

3.6%
Gross yield
− Property tax $1− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $77,097

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

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