18 Denham Drive, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13429952

$7,500,000
For Sale
Listed 101 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
9Bathrooms
4Garage · 10 parking
5,000Sq ft

About this home

In short

  • The Richvale CollectionAn extraordinary expression of modern luxury, The Richvale Collection is a newly constructed estate in the heart of South Richvale, one of the...
  • Offering over 8,000 sq. ft. of impeccably designed living space, the home showcases a refined contemporary aesthetic with clean architectural lines, dramatic volumes...
  • At the heart of the home is a world-class gourmet kitchen, appointed with premium finishes and every imaginable luxury for the culinary enthusiast.
  • Expansive walls of glass create a seamless connection to the beautifully landscaped grounds, enhancing the home's indoor-outdoor lifestyle.
  • This version is approximately 1,450 characters, leaving room if you want to add specific features such as the pool, elevator, garage spaces, wine cellar, theatre...

The Richvale CollectionAn extraordinary expression of modern luxury, The Richvale Collection is a newly constructed estate in the heart of South Richvale, one of the GTA's most prestigious neighbourhoods. Masterfully crafted by one of Canada's most celebrated builders, this exceptional residence seamlessly blends sophisticated indoor-outdoor living with timeless architectural excellence.Offering over 8,000 sq. ft. of impeccably designed living space, the home showcases a refined contemporary aesthetic with clean architectural lines, dramatic volumes, and abundant natural light. Every detail has been thoughtfully curated to elevate both everyday living and grand-scale entertaining.Designed for the discerning collector, the residence provides an exceptional backdrop for fine art and an appreciation of luxury automobiles. The spectacular primary retreat serves as a private sanctuary, complete with a spa-inspired ensuite designed for ultimate comfort and relaxation.At the heart of the home is a world-class gourmet kitchen, appointed with premium finishes and every imaginable luxury for the culinary enthusiast. Expansive walls of glass create a seamless connection to the beautifully landscaped grounds, enhancing the home's indoor-outdoor lifestyle.Whether hosting elegant soirées or intimate family gatherings, the thoughtfully designed living spaces offer an unparalleled entertaining experience where sophistication meets comfort.Ideally located moments from upscale boutiques, fine dining, prestigious golf and country clubs, and some of Canada's finest schools, The Richvale Collection presents a rare opportunity to experience luxury living at its highest level.A residence of distinction. A statement of excellence. Where architecture, art, and lifestyle become one.This version is approximately 1,450 characters, leaving room if you want to add specific features such as the pool, elevator, garage spaces, wine cellar, theatre room, or smart-home technology.

Key facts

Property type
Detached, 2-Storey
MLS®
N13429952
Bedrooms
5+1 (6 total)
Bathrooms
9 (3 half)
Size
5,000 sq ft
Lot
90 × 265.78 ft
Cross streets
Yonge/Westwood
Parking
4 garage · 10 parking (attached)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$32,406 / 2025
Days on market
101
Listing brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED

Rooms

Bedroom 5Second5.50 × 4.20 m

Hardwood Floor

Living RoomGround4.30 × 3.70 m

Hardwood Floor

OfficeGround5.20 × 3.70 m

Hardwood Floor

Primary BedroomSecond7.50 × 5.00 m

Hardwood Floor

Bedroom 4Second5.10 × 4.20 m

Hardwood Floor

Bedroom 3Second6.10 × 5.80 m

Hardwood Floor

KitchenGround6.10 × 5.00 m

Hardwood Floor

Family RoomGround7.50 × 5.88 m

Hardwood Floor

Bedroom 2Second5.10 × 4.60 m

Hardwood Floor

RecreationLower7.50 × 5.00 m
BedroomLower6.10 × 5.80 m
Dining RoomGround6.30 × 4.20 m

Hardwood Floor

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
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 · 0.7 km awayAround the GTA average · 74% meet the provincial standard
St. Theresa Of LisieuxEQAO results not published
Also nearby: 9 more schools within 2.5 km
Roselawn Public School · Public elementary1.2 km · 74% at standard
Thornhill Woods Public School · Public elementary1.8 km · 81% at standard
Red Maple Public School · Public elementary1.8 km · 69% at standard
St John Paul II Catholic Elementary School · Catholic elementary1.8 km · 82% at standard
Ross Doan Public School · Public elementary2.0 km · 80% at standard
Carrville Mills Public School · Public elementary2.2 km · 85% at standard
Bakersfield Public School · Public elementary2.3 km · 77% at standard
Stephen Lewis Secondary School · Public secondary2.4 km · 86% at standard
Baythorn Public School · Public elementary2.5 km · 82% at standard

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

Affordability & Mortgage

Affordability
$34,183/mo
$1387KIncome needed
5.4×Price ÷ income
$7,888Weekly cost
$173,975Land 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 $34,183Property tax $2,701Total carry $36,883

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)
$32,842per month

Mortgage amount $6,000,000 · 4.39% over 25 years

$1,500,000Down payment (20.0%)
$6,000,000Loan before insurance
$0CMHC premium
$35,543Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$32,842
Property tax
$2,701
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$35,543

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

One-time closing costs

Ontario land transfer tax
$173,975
Estimated closing costs
$173,975

Plus your down payment of $1,500,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$39,790/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

$3,852,736Total interest paid
$9,852,736Total of all payments
Principal $6,000,000 Interest $3,852,736
YearPrincipalInterestBalance
1$135,773$258,337$5,864,227
2$141,798$252,311$5,722,429
3$148,092$246,018$5,574,337
4$154,664$239,445$5,419,673
5$161,529$232,581$5,258,144
6$168,698$225,412$5,089,447
7$176,185$217,925$4,913,262
8$184,004$210,105$4,729,258
9$192,170$201,939$4,537,088
10$200,699$193,410$4,336,389
11$209,607$184,503$4,126,782
12$218,909$175,200$3,907,872
13$228,625$165,484$3,679,247
14$238,772$155,338$3,440,476
15$249,369$144,741$3,191,107
16$260,436$133,673$2,930,670
17$271,995$122,114$2,658,675
18$284,067$110,043$2,374,609
19$296,674$97,435$2,077,935
20$309,841$84,269$1,768,094
21$323,592$70,517$1,444,502
22$337,954$56,156$1,106,548
23$352,953$41,157$753,595
24$368,618$25,492$384,977
25$384,977$9,132$0

At the end of your 5-year term

Total paid over the term
$1,970,547
Principal paid down
$741,856
Interest paid
$1,228,692
Balance remaining
$5,258,144

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 7 whole-home leases in South Richvale$7,253/mo
$87,036Gross annual rent
0.6%Cap rate after taxes and upkeep
$6,672 to $8,143Typical 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 7 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 $7,253. 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.

1.2%
Gross yield
− Property tax $32,406− Insurance $1,400− Vacancy & upkeep $9,574Net operating income $43,656

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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