4 BACKHOUSE Drive, Richmond Hill, ON
Rural Richmond Hill, Richmond Hill · MLS® N13236764
About this home
In short
- WELCOME TO A BRAND-NEW 3500 SQ.FT.
- FEATURES 5 BEDROOMS AND 6 ENSUITES.
- ( IN-LAW SUITE FEATURE MAIN FLOOR ) COMPLETED & MOVE-IN, CARPET-FREE HOME AND OVER 80K IN UPGRADES INSTALLED.
- 200 AMP, GAS LINEAR F.P., EXTENDED KIT.
- UPPERS, UPPER FLOOR LAUNDRY, NO SIDEWALK SO 2 CAR GARAGE AND 4 OUTSIDE PARKING AVAILABLE, QUIET NEAR OAKRIDGE MORAINE.
WELCOME TO A BRAND-NEW 3500 SQ.FT. BEAUTY FROM REGAL CREST HOMES. FEATURES 5 BEDROOMS AND 6 ENSUITES. ( IN-LAW SUITE FEATURE MAIN FLOOR ) COMPLETED & MOVE-IN, CARPET-FREE HOME AND OVER 80K IN UPGRADES INSTALLED. 200 AMP, GAS LINEAR F.P., EXTENDED KIT. UPPERS, UPPER FLOOR LAUNDRY, NO SIDEWALK SO 2 CAR GARAGE AND 4 OUTSIDE PARKING AVAILABLE, QUIET NEAR OAKRIDGE MORAINE. YOU MUST BOOK A VIEWING TO SEE THE LUXURY AND FINISH OF THIS BEAUTY.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13236764
- Bedrooms
- 5
- Bathrooms
- 6
- Size
- 3500-5000 sq ft
- Lot
- 45 × 89 ft
- Cross streets
- LESLIE RD. N. AND STOUFVILLE SIDE RD.
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Unfinished, Full
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 138
- Listing brokerage
- ROYAL LEPAGE ELITE REALTY
Rooms
eat-in kitchen · french doors · pantry
hardwood floor · coffered ceiling(s) · formal rm
hardwood floor · 5 pc ensuite · soaking tub
hardwood floor · gas fireplace · picture window
hardwood floor · 3 pc ensuite · walk-in closet(s)
hardwood floor · 3 pc ensuite · walk-in closet(s)
3 pc ensuite · hardwood floor · combined w/office
Listed at $2,099,990 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $2.07M, typically $1.94M to $2.33M. Comparable closings on their own put this home around $2.16M, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $2.07M, from 8 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 8 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $494/sqft against an area asking average of $816/sqft.
How this estimate is builtthe short version
I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 8 comparable homes that sold in Rural Richmond Hill over the past two years, from 67 closings there.
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 $646/sqft; this home lists at $494/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
Rural Richmond Hill, 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) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,679,992 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,289
- Estimated property tax
- $1,313
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,601
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $38,975
- Estimated closing costs
- $38,975
Plus your down payment of $419,998. 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
- $557,338
- Principal paid down
- $205,264
- Interest paid
- $352,074
- Balance remaining
- $1,474,728
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
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 14 whole-home leases in Rural Richmond Hill signed at a median of $4,886 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,058. 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 ROYAL LEPAGE ELITE REALTY. MLS®/PropTx.