7 Maryvale Crescent, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13226346

$8,800,000
For Sale
Listed 110 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
9Bathrooms
4Garage
5,000Sq ft

About this home

In short

  • The Estate at South RichvaleWhere European Artistry, Timeless Luxury, and Unparalleled Living ConvergeAn extraordinary expression of timeless European elegance, The...
  • Masterfully designed and meticulously appointed, this magnificent residence showcases bespoke millwork, intricate architectural ceiling details, rich hardwood...
  • Designed for both grand-scale entertaining and intimate family living, the estate presents an impressive formal living room and dining salon, a distinguished library...

The Estate at South RichvaleWhere European Artistry, Timeless Luxury, and Unparalleled Living ConvergeAn extraordinary expression of timeless European elegance, The Estate at South Richvale is a palatial residence of unrivaled craftsmanship, gracefully positioned within one of the region's most prestigious enclaves.Masterfully designed and meticulously appointed, this magnificent residence showcases bespoke millwork, intricate architectural ceiling details, rich hardwood flooring, and exquisite imported marble throughout. Offering five lavish bedroom suites and nine luxurious baths, the home is anchored by a spectacular owner's retreat featuring dual couture dressing rooms and a private wellness-inspired spa sanctuary.Designed for both grand-scale entertaining and intimate family living, the estate presents an impressive formal living room and dining salon, a distinguished library of remarkable detail, a sophisticated media lounge, and a world-class gourmet kitchen crafted to host the most discerning gatherings.Beyond the residence, resort-inspired grounds unfold in spectacular fashion. Dine beneath the stars under the elegant lanai, entertain poolside in complete privacy, or stroll through the enchanting European-inspired gardens that frame the estate's breathtaking landscape. A grand circular motor court provides a fitting arrival experience worthy of this exceptional property.Ideally located moments from prestigious private schools, championship golf courses, and exclusive country clubs, The Estate at South Richvale represents a rare opportunity to own one of the area's most distinguished addresses.A world of magnificence awaits.

Key facts

Property type
Detached, 2-Storey
MLS®
N13226346
Bedrooms
5+1 (6 total)
Bathrooms
9
Size
5,000 sq ft
Lot
110.53 × 325.85 ft
Cross streets
Yonge And Westwood
Parking
4 garage (built-in)
Driveway
Circular Drive
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$35,870 / 2025
Days on market
110
Listing brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED

Rooms

Bedroom 2Second5.18 × 4.14 m

semi ensuite · walk-in closet(s) · overlook patio

Bedroom 5Second6.00 × 4.26 m

semi ensuite · walk-in closet(s) · mirrored walls

LibraryMain5.20 × 4.50 m

coffered ceiling(s) · glass doors · hardwood floor

Living RoomMain5.18 × 5.12 m

gas fireplace · hardwood floor · crown moulding

BreakfastMain5.10 × 4.93 m

family size kitchen · marble floor · w/o to patio

Family RoomMain6.10 × 5.90 m

b/i bookcase · gas fireplace · overlooks pool

Bedroom 3Second5.24 × 3.53 m

4 pc ensuite · w/w closet · crown moulding

RecreationLower6.62 × 4.19 m

hardwood floor · wet bar · centre island

Primary BedroomSecond6.10 × 5.91 m

double doors · ensuite bath · his and hers closets

Bedroom 4Second5.12 × 4.26 m

4 pc ensuite · walk-in closet(s) · crown moulding

Dining RoomMain6.60 × 4.55 m

formal rm · hardwood floor · crown moulding

KitchenMain5.57 × 5.40 m

centre island · marble floor · b/i desk

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.

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 · 0.8 km awayAround the GTA average · 74% meet the provincial standard
St. Theresa Of LisieuxEQAO results not published
Also nearby: 10 more schools within 2.5 km
Roselawn Public School · Public elementary1.0 km · 74% at standard
Thornhill Woods Public School · Public elementary1.7 km · 81% at standard
Ross Doan Public School · Public elementary1.8 km · 80% at standard
Carrville Mills Public School · Public elementary2.0 km · 85% at standard
St John Paul II Catholic Elementary School · Catholic elementary2.0 km · 82% at standard
Red Maple Public School · Public elementary2.0 km · 69% at standard
Stephen Lewis Secondary School · Public secondary2.2 km · 86% at standard
Bakersfield Public School · Public elementary2.3 km · 77% at standard
Nellie McClung Public School · Public elementary2.3 km · 74% at standard
Anne Frank Public School · Public elementary2.4 km · 58% at standard

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

Affordability & Mortgage

Affordability
$40,107/mo
$1620KIncome needed
5.4×Price ÷ income
$9,256Weekly cost
$206,475Land 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 $40,107Property tax $2,989Total carry $43,097

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)
$38,535per month

Mortgage amount $7,040,000 · 4.39% over 25 years

$1,760,000Down payment (20.0%)
$7,040,000Loan before insurance
$0CMHC premium
$41,524Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$38,535
Property tax
$2,989
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$41,524

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

One-time closing costs

Ontario land transfer tax
$206,475
Estimated closing costs
$206,475

Plus your down payment of $1,760,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$46,687/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

$4,520,544Total interest paid
$11,560,544Total of all payments
Principal $7,040,000 Interest $4,520,544
YearPrincipalInterestBalance
1$159,307$303,115$6,880,693
2$166,377$296,045$6,714,317
3$173,761$288,661$6,540,556
4$181,473$280,949$6,359,083
5$189,527$272,895$6,169,556
6$197,938$264,483$5,971,618
7$206,723$255,698$5,764,894
8$215,898$246,524$5,548,996
9$225,480$236,942$5,323,516
10$235,487$226,935$5,088,029
11$245,939$216,483$4,842,091
12$256,854$205,568$4,585,237
13$268,253$194,168$4,316,984
14$280,159$182,263$4,036,825
15$292,593$169,829$3,744,232
16$305,579$156,843$3,438,653
17$319,141$143,281$3,119,513
18$333,305$129,117$2,786,208
19$348,098$114,324$2,438,110
20$363,547$98,875$2,074,563
21$379,682$82,740$1,694,882
22$396,533$65,889$1,298,349
23$414,131$48,290$884,218
24$432,511$29,911$451,707
25$451,707$10,715$0

At the end of your 5-year term

Total paid over the term
$2,312,109
Principal paid down
$870,444
Interest paid
$1,441,665
Balance remaining
$6,169,556

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$7,994/mo
$95,928Gross annual rent
0.5%Cap rate after taxes and upkeep
$7,253 to $8,824Typical rent range
~25 daysTo find a tenant, on average

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 $6,903 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.

1.1%
Gross yield
− Property tax $35,870− Insurance $1,400− Vacancy & upkeep $10,552Net operating income $48,106

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.

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