40 Maryvale Crescent, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N13175044
About this home
In short
- A commanding expression of refined estate living in the prestigious enclave of South Richvale, this extraordinary custom residence is a showcase of timeless...
- Set gracefully on an exceptional ravine setting, 40 Maryvale Crescent offers approximately 8,500 square feet of meticulously curated living space designed for both...
- A stately circular drive and impressive stone façade introduce interiors defined by soaring ceilings, exquisite millwork, marble finishes, and richly appointed...
- Designed for luxurious family living, the residence offers 5+1 bedrooms and 9 baths, including a lavish primary retreat featuring a spa-inspired ensuite...
- Surrounded by mature trees and manicured landscaping, the grounds feature a resort-style pool, waterfall, gazebo, multiple entertaining terraces, and complete privacy...
The Reserve at Maryvale. A commanding expression of refined estate living in the prestigious enclave of South Richvale, this extraordinary custom residence is a showcase of timeless architecture, grand scale, and resort-inspired luxury. Set gracefully on an exceptional ravine setting, 40 Maryvale Crescent offers approximately 8,500 square feet of meticulously curated living space designed for both elegant entertaining and elevated everyday living. A stately circular drive and impressive stone façade introduce interiors defined by soaring ceilings, exquisite millwork, marble finishes, and richly appointed details throughout. The grand foyer unfolds into a collection of sophisticated principal rooms, blending classic elegance with modern comfort. The designer kitchen is crafted for culinary excellence, complete with premium appliances, custom cabinetry, an oversized centre island, and seamless connection to the family and breakfast spaces overlooking the lush private grounds. Designed for luxurious family living, the residence offers 5+1 bedrooms and 9 baths, including a lavish primary retreat featuring a spa-inspired ensuite, boutique-style dressing room, and serene views of the surrounding greenery. The lower level presents a complete lifestyle experience with a recreation lounge, wet bar, fitness area, sauna, guest accommodations, and walk-out access to the spectacular outdoor setting. Beyond the interiors, the estate transforms into a private resort. Surrounded by mature trees and manicured landscaping, the grounds feature a resort-style pool, waterfall, gazebo, multiple entertaining terraces, and complete privacy rarely found within the city. Located moments from prestigious schools, golf clubs, fine dining, and major commuter routes, this distinguished South Richvale estate represents a rare opportunity to acquire a residence of presence, privacy, and enduring luxury in one of the GTA's most coveted communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13175044
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 9 (4 half)
- Size
- 5,000 sq ft
- Lot
- 100 × 231 ft
- Cross streets
- Yonge St & Carrville Rd
- Parking
- 4 garage · 13 parking (built-in)
- Basement
- Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $38,273 / 2026
- Days on market
- 117
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Rooms
coffered ceiling(s) · w/o to balcony · hardwood floor
walk-in closet(s) · 3 pc bath · hardwood floor
b/i appliances · centre island · marble floor
pot lights · overlooks ravine · marble floor
coffered ceiling(s) · wainscoting · hardwood floor
fireplace · overlooks ravine · hardwood floor
walk-in closet(s) · 3 pc bath · hardwood floor
beamed ceilings · fireplace · hardwood floor
walk-in closet(s) · 3 pc bath · hardwood floor
walk-out · wet bar · marble floor
3 pc bath · 3 pc bath · hardwood floor
sauna · 3 pc ensuite · laminate
coffered ceiling(s) · overlooks ravine · hardwood floor
above grade window · 3 pc ensuite · laminate
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 readThe 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,610/sqft; this home lists at $1,700/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
South Richvale, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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). Richmond Hill.
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.
Also nearby: 11 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $6,798,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $37,213
- Property tax
- $3,189
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $40,402
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $198,925
- Estimated closing costs
- $198,925
Plus your down payment of $1,699,600. 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
- $2,232,761
- Principal paid down
- $840,572
- Interest paid
- $1,392,189
- Balance remaining
- $5,957,828
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
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 numbersThe last 11 whole-home leases in South Richvale signed at a median of $6,903 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,994. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.