23 Menotti Drive, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13543008

$2,788,800
For Sale
Listed 8 days ago
4Bedrooms
5Bathrooms
2Garage · 4 parking
3500-5000Sq Ft

About this home

Welcome to 23 Menotti Drive, Richmond Hill. Experience luxury living in one of Richmond Hill's most prestigious neighbourhoods. This exceptional brand-new; custom-built residence offers impeccable craftsmanship, modern design, and the peace of mind of a 7-Year Tarion Warranty. Featuring 4 spacious bedrooms, 5 luxurious bathrooms. 10-foot ceilings on the math floor, and elegant hardwood flooring throughout, every detail has been thoughtfully designed to deliver both comfort and sophistication.The heart of the home is the spectacular chef-inspired gourmet kitchen, showcasing over S80,000 in premium upgrades, including upscale luxury appliances, custom cabinetry, stone countertops, and an oversized island perfect for entertaining. The bright walk-out basement offers oversized windows and has been professionally roughed-in for a future kitchen or bar, creating the ideal opportunity for an in-law suite, entertaining space, or additional living area Additional luxury features include: Coffered ceilings and premium architectural details Stone countertops throughout Oversized windows providing abundant natural light Premium finishes and exceptional craftsmanship Built by an award-winning luxury builder renowned for meticulous attention to detail and superior quality construction Surrounded by executive luxury homes and located just minutes from every major amenity, this home is ideally situated near top-ranked schools, including Country Day School, Villanova College, and several other prestigious private schools, while offering convenient access to parks, shopping, restaurants, transit, and major highways. This is a rare opportunity to own a truly exceptional luxury home where timeless craftsmanship meets modern elegance. A must-see property that is sore to impress even the most discerning buyer.

Key facts

Property type
Detached, 2-Storey
MLS®
N13543008
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000
Lot
45.02 × 104.83 ft
Cross streets
Bathurst & King
Parking
2 garage · 4 parking (built-in)
Driveway
Available
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Other
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
8
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Family RoomMain4.29 × 5.21 m

hardwood floor · coffered ceiling(s) · fireplace

Bedroom 3Main3.10 × 3.68 m

hardwood floor · ensuite bath · walk-in closet(s)

BreakfastMain3.41 × 5.18 m

hardwood floor · french doors

DenMain3.10 × 3.30 m

Hardwood Floor

RecreationLower10.10 × 4.99 m

Laminate

KitchenMain2.74 × 5.82 m

hardwood floor · stone counters · backsplash

Primary BedroomMain6.00 × 4.90 m

hardwood floor · ensuite bath · walk-in closet(s)

Bedroom 2Main4.30 × 3.96 m

hardwood floor · ensuite bath · walk-in closet(s)

Dining RoomMain4.90 × 3.90 m

hardwood floor · coffered ceiling(s)

Bedroom 4Main3.68 × 4.29 m

hardwood floor · ensuite bath · walk-in closet(s)

Bedroom 5Lower3.20 × 3.29 m

laminate · closet

Moe’s TakeTeam Asgarian · Broker
In line
$2.98Mest. value

Listed at $2,788,800, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2.35M
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $2.33M

That comparable adjusts to $2.33M; the $2.98M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is King City SS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bathurst St / Puccini Dr is about a 3-minute walk away.

List price
$2.54MGreat deal$3.42MOverpriced

Total price vs nearby homes. Fair value about $2.98M, median of 10 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Oak Ridges · asking prices
$2.53Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

96 Bond Crescent$2.60M55 Bond Crescent$2.34M80 Puccini Drive$2.80M19 Blyth Street$2.58M93 Fern Valley Crescent$2.35M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.79MThis home2.60M2.34M2.80M2.58M2.35MThis home vs active comparables
Live market pulseActive comparables in Oak Ridges · median list $2.35M
$656this home / sqft
18active listings nearby
8days on market

This home lists 1% above the area average of $647/sqft.

3 days longer than the Richmond Hill average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Oak Ridges, 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.

Getting around

28/ 100

Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Bathurst St / Puccini Dr, about 215 m away

20+ transit stops10 parks

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Oak Ridges Lake Wilcox
$2.03M
Jefferson
$1.44M
Devonsleigh
$1.40M
Rural Richmond Hill
$2.50M
Mill Pond
$1.95M

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 Oak Ridges PS
62%
Oak Ridges PSPublic · Elementary · JK-8 · 1.4 km awayBelow the GTA average · 62% meet the provincial standard

Affordability & Mortgage

Affordability
$12,710/mo
$546KIncome needed
5.1×Price ÷ income
$2,933Weekly cost
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.

88%mortgage
Mortgage $12,710Property tax $1,743Total carry $14,453

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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,906per month

Mortgage amount $2,231,040 · 4.14% over 25 years

$557,760Down payment (20.0%)
$2,231,040Loan before insurance
$0CMHC premium
$13,649Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,906
Property tax
$1,743
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,649

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

One-time closing costs

Ontario land transfer tax
$56,195
Estimated closing costs
$56,195

Plus your down payment of $557,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,461/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

$1,340,657Total interest paid
$3,571,697Total of all payments
Principal $2,231,040 Interest $1,340,657
YearPrincipalInterestBalance
1$52,266$90,602$2,178,774
2$54,452$88,416$2,124,323
3$56,729$86,138$2,067,593
4$59,102$83,766$2,008,491
5$61,574$81,293$1,946,917
6$64,150$78,718$1,882,767
7$66,833$76,035$1,815,933
8$69,629$73,239$1,746,304
9$72,541$70,327$1,673,763
10$75,576$67,292$1,598,187
11$78,737$64,131$1,519,451
12$82,030$60,838$1,437,420
13$85,461$57,406$1,351,959
14$89,036$53,832$1,262,923
15$92,760$50,107$1,170,162
16$96,640$46,227$1,073,522
17$100,683$42,185$972,839
18$104,894$37,974$867,945
19$109,282$33,586$758,663
20$113,853$29,015$644,810
21$118,615$24,253$526,195
22$123,577$19,291$402,618
23$128,746$14,122$273,872
24$134,131$8,737$139,741
25$139,741$3,126$0

At the end of your 5-year term

Total paid over the term
$714,339
Principal paid down
$284,123
Interest paid
$430,216
Balance remaining
$1,946,917

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
Estimate$7,350/mo
$88,200Gross annual rent
2.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.2%
Gross yield
− Property tax $19,522− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $57,576

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

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