217 Garden Avenue, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13428594

$5,888,000
For Sale
Listed 102 days agoNo offer date statedSitting longer than typical
5+4Bedrooms
9Bathrooms
3Garage · 11 parking
5,000Sq ft

About this home

In short

  • Rarely Offered Custom-Built Estate Backing Onto Ravine, Green Space & Golf Course Beyond, Offering Spectacular Four-Season Views And Exceptional Privacy Boasting 9...
  • Nestled On A Quiet Cul-De-Sac In Prestigious South Richvale, One Of Richmond Hill's Most Coveted Luxury Communities, This One-Of-A-Kind Residence Offers Approximately...
  • Of Exquisite Living Space Across Four Levels And Accommodates Up To 11 Vehicles With A Circular Driveway For 8 Cars Plus A Three-Car Garage.
  • Every Level Enjoys Stunning Unobstructed Ravine Views And Walk-Out Access To Decks Or Terraces, Creating A Seamless Indoor-Outdoor Lifestyle.
  • 18' Foyer, 10' Ceiling Height in Family Room, Dining&Kitchen, 10' in Primary, 10' in Basement & 9' in Sub-basement; The Spaciousness And Elegance Found On Every Floor.

Rarely Offered Custom-Built Estate Backing Onto Ravine, Green Space & Golf Course Beyond, Offering Spectacular Four-Season Views And Exceptional Privacy Boasting 9 Bed &9 Bath; This Home Features Multiple Private Living Spaces Across Four Levels, Offering Flexibility For Large/Multi-Generational Families.. Nestled On A Quiet Cul-De-Sac In Prestigious South Richvale, One Of Richmond Hill's Most Coveted Luxury Communities, This One-Of-A-Kind Residence Offers Approximately 10,000 Sq. Ft. Of Exquisite Living Space Across Four Levels And Accommodates Up To 11 Vehicles With A Circular Driveway For 8 Cars Plus A Three-Car Garage. Offering Exceptional Flexibility For Large Or Multi-Generational Families. Every Level Enjoys Stunning Unobstructed Ravine Views And Walk-Out Access To Decks Or Terraces, Creating A Seamless Indoor-Outdoor Lifestyle. 18' Foyer, 10' Ceiling Height in Family Room, Dining&Kitchen, 10' in Primary, 10' in Basement & 9' in Sub-basement; The Spaciousness And Elegance Found On Every Floor. A Spectacular Oversized Skylight At The Heart Of The Home Floods The Interior W/Natural Light, Accentuating The Residence's Distinctive Architecture & Timeless Character. Rich In Authenticity And Unlike Anything Commonly Found In Today's Market, This Custom-Built Residence Offers A Truly Irreplaceable Living Experience. Designed For Both Refined Everyday Living & Grand Entertaining, The Home Features 3 Kitchens, 3 Fireplaces, 2 Bars, A Billiard Room, Sauna, Jacuzzi, & Multiple Expansive Gathering Areas. Surrounded By Mature Trees & Scenic Natural Beauty, Residents Enjoy Unparalleled Tranquility, Privacy, & Breathtaking Views In Every Season. Located In An Exclusive Enclave With Limited Neighbours &Minimal Traffic, This Exceptional Property Offers A Safe And Peaceful Setting Ideal For Families. A Rare Opportunity To Own A Landmark Residence With Remarkable Character, Endless Views, & An Unmatched Lifestyle In The Heart Of South Richvale.

Key facts

Property type
Detached, 2-Storey
MLS®
N13428594
Bedrooms
5+4 (9 total)
Bathrooms
9 (2 half)
Size
5,000 sq ft
Lot
80.02 × 239.24 ft
Cross streets
Yonge/Hwy 7
Parking
3 garage · 11 parking (built-in)
Driveway
Private Double, Tandem, Circular Drive
Basement
Apartment, Finished with Walk-Out, Walk-Out, Separate Entrance
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$26,105 / 2025
Days on market
102
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 5Second4.64 × 3.65 m

closet · large window · broadloom

Living RoomSub-Basement6.34 × 6.24 m

walk-out · open concept · 4 pc bath

Living RoomMain7.74 × 5.76 m

hardwood floor · stone fireplace · overlooks ravine

Primary BedroomSecond8.15 × 5.40 m

6 pc ensuite · w/o to deck · walk-in closet(s)

Dining RoomMain5.99 × 4.68 m

hardwood floor · sunken room · overlooks ravine

BedroomSub-Basement4.69 × 3.33 m

large window · led lighting · laminate

Living RoomBasement5.05 × 3.49 m

overlooks backyard · open concept · 4 pc bath

KitchenBasement2.50 × 2.50 m

overlooks backyard · window · open concept

BedroomSub-Basement3.85 × 3.53 m

closet · laminate · window

OfficeMain5.23 × 3.47 m

hardwood floor · b/i bookcase · leaded glass

Family RoomMain6.62 × 5.40 m

hardwood floor · stone fireplace · open concept

BreakfastMain3.62 × 3.57 m

overlooks ravine · cathedral ceiling(s) · w/o to deck

RecreationSub-Basement12.82 × 7.46 m

sauna · walk-out · 3 pc bath

KitchenMain5.91 × 5.17 m

centre island · breakfast area · w/o to deck

BedroomBasement3.60 × 3.60 m

overlooks backyard · closet · large window

Bedroom 3Second4.78 × 4.26 m

4 pc ensuite · overlooks garden · large window

RecreationBasement6.21 × 4.50 m

b/i bar · 2 pc bath · w/o to balcony

Bedroom 4Second5.21 × 4.53 m

w/o to balcony · closet · large window

BedroomBasement4.03 × 3.31 m

large window · closet · led lighting

Bedroom 2Second4.85 × 4.76 m

4 pc ensuite · walk-in closet(s) · overlooks ravine

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.44 acres, and it backs onto a golf course. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in South Richvale have sold between $1.57M and $8.28M over the last two years (21 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.

What sellers nearby are askingCurrently listed nearby in South Richvale · asking prices
$6.27Mavg 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 $1,254/sqft; this home lists at $1,178/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
5.89MThis home5.50M4.59M3.99M10.99MThis home vs active comparables

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
Harding
$2.23M
Mill Pond
$1.92M
Bayview Hill
$2.96M

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 · 1.2 km awayAround the GTA average · 74% meet the provincial standard
St. Theresa Of LisieuxEQAO results not published
Also nearby: 11 more schools within 2.5 km
Thornhill Woods Public School · Public elementary1.5 km · 81% at standard
Roselawn Public School · Public elementary1.7 km · 74% at standard
Bakersfield Public School · Public elementary1.9 km · 77% at standard
Carrville Mills Public School · Public elementary2.0 km · 85% at standard
Rosedale Heights Public School · Public elementary2.1 km · 72% at standard
Stephen Lewis Secondary School · Public secondary2.1 km · 86% at standard
Red Maple Public School · Public elementary2.2 km · 69% at standard
Westmount Collegiate Institute · Public secondary2.2 km · 81% at standard
St John Paul II Catholic Elementary School · Catholic elementary2.2 km · 82% at standard
Baythorn Public School · Public elementary2.4 km · 82% at standard
Ventura Park Public School · Public elementary2.5 km · 80% at standard

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

Affordability & Mortgage

Affordability
$26,836/mo
$1092KIncome needed
5.4×Price ÷ income
$6,193Weekly cost
$133,675Land 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 $26,836Property tax $2,175Total carry $29,011

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)
$25,784per month

Mortgage amount $4,710,400 · 4.39% over 25 years

$1,177,600Down payment (20.0%)
$4,710,400Loan before insurance
$0CMHC premium
$27,959Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$25,784
Property tax
$2,175
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27,959

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

One-time closing costs

Ontario land transfer tax
$133,675
Estimated closing costs
$133,675

Plus your down payment of $1,177,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$31,238/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

$3,024,655Total interest paid
$7,735,055Total of all payments
Principal $4,710,400 Interest $3,024,655
YearPrincipalInterestBalance
1$106,591$202,812$4,603,809
2$111,321$198,081$4,492,488
3$116,262$193,140$4,376,226
4$121,422$187,980$4,254,805
5$126,811$182,591$4,127,994
6$132,439$176,963$3,995,555
7$138,317$171,086$3,857,238
8$144,455$164,947$3,712,783
9$150,867$158,536$3,561,916
10$157,562$151,840$3,404,354
11$164,555$144,847$3,239,799
12$171,858$137,544$3,067,940
13$179,486$129,916$2,888,455
14$187,452$121,950$2,701,003
15$195,771$113,631$2,505,232
16$204,460$104,942$2,300,772
17$213,534$95,868$2,087,237
18$223,011$86,391$1,864,226
19$232,909$76,493$1,631,317
20$243,246$66,156$1,388,072
21$254,041$55,361$1,134,030
22$265,316$44,086$868,714
23$277,092$32,311$591,622
24$289,389$20,013$302,233
25$302,233$7,169$0

At the end of your 5-year term

Total paid over the term
$1,547,011
Principal paid down
$582,406
Interest paid
$964,605
Balance remaining
$4,127,994

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 16 whole-home leases in South Richvale$7,763/mo
$93,156Gross annual rent
0.9%Cap rate after taxes and upkeep
$6,143 to $8,380Typical rent range
~25 daysTo find a tenant, on average

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 numbers

The last 16 whole-home leases in South Richvale signed at a median of $6,503 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,763. 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.

1.6%
Gross yield
− Property tax $26,105− Insurance $1,400− Vacancy & upkeep $10,247Net operating income $55,404

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

CallRequest a showing