23 Kaitlin Drive, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13544116

$1,498,000
For Sale
Listed 8 days ago
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◎ Directions
5Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Lovingly maintained by its original owners, this 4 Bedroom, 4-Bathroom Oak Ridges home is tucked away on a quiet street just a 5-minute walk to Lake Wilcox. Pride of ownership is evident throughout, from the beautifully landscaped front and backyard to the thoughtfully designed interior. A grand 17-ft foyer opens to a bright main floor with 9-ft ceilings throughout. Customized by the original owners during construction, the floor plan includes several upgrades to the builder's original design. A wall behind the staircase creates added privacy for the kitchen, while a large picture window replaces the standard sliding doors in the family room, allowing for a more functional layout and greater flexibility for furniture placement. The kitchen offers stainless steel appliances, abundant cabinetry, and a bright breakfast area with a walkout to the backyard. The main level also features a cozy family room with a gas fireplace, a formal dining room with a tray ceiling, and a dedicated office perfect for working from home. Upstairs offers four bedrooms, including a generous primary retreat with a 5-piece ensuite and walk-in closet. One of the secondary bedrooms also has convenient access to the shared 5-piece bathroom. The finished basement extends the living space with a large recreation area, kitchen with fridge and stove, an additional bedroom, a 3-piece bathroom, and a separate laundry room. Outdoor enthusiasts will appreciate being just minutes from Bethesda Trail, Lake Wilcox, golf courses, Bond Lake Arena, Oak Ridges Community Centre & Pool, and some of the area's best parks and hiking trails. Yonge Street's coffee shops, restaurants, groceries, and everyday conveniences are just a 20-minute walk away, with easy access to Bloomington GO Station.The neighbourhood is also home to top-rated schools. Whether you're starting a new chapter or simply looking for a place to call home, this is where new memories begin.

Key facts

Property type
Detached, 2-Storey
MLS®
N13544116
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
49.25 × 109.6 ft
Cross streets
Bayview Ave / North Lake Road
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,092 / 2026
Days on market
8
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

BedroomBasement4.29 × 3.28 m

pot lights · window · laminate

Bedroom 2Second5.47 × 3.26 m

semi ensuite · large window · hardwood floor

LaundryBasement4.29 × 3.68 m

separate room · tile floor

Bedroom 4Second4.10 × 2.88 m

window · closet · hardwood floor

Dining RoomMain4.16 × 3.39 m

large window · separate room · hardwood floor

Primary BedroomSecond8.74 × 5.11 m

5 pc ensuite · walk-in closet(s) · hardwood floor

BreakfastMain8.29 × 3.48 m

large window · w/o to yard · ceramic floor

Family RoomMain5.62 × 4.37 m

pot lights · gas fireplace · hardwood floor

KitchenMain4.26 × 3.49 m

stainless steel appl · centre island · ceramic floor

RecreationBasement8.60 × 6.96 m

pot lights · window · laminate

OfficeMain4.15 × 3.39 m

large window · separate room · hardwood floor

Bedroom 3Second3.74 × 3.39 m

large window · closet · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.93Mest. value

Listed at $1,498,000, this home is about 22% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.59M, a bit lower.

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 $1.70M
  • Bathrooms −$15K
  • Adjusts to $1.68M

That comparable adjusts to $1.68M; the $1.93M estimate above is the median of all 18 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.

Its public catchment (Richmond Green SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. North Lake Rd / Lakeland Cres is about a 2-minute walk away.

List price
$1.50MGreat deal$2.02MOverpriced

Total price vs nearby homes. Fair value about $1.93M, median of 18 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Oak Ridges · asking prices
$1.92Mavg asking

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

18 Rossini Drive$2.04M37 Heron Hollow Avenue$1.70M215 Coon's Road$2.04M

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home2.04M1.70M2.04MThis home vs active comparables
Live market pulseActive comparables in Oak Ridges · median list $1.70M
$461this home / sqft
24active listings nearby
8days on market

This home lists 21% below the area average of $586/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

60/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: North Lake Rd / Lakeland Cres, about 123 m away

20+ transit stops5 grocery20+ dining20+ parks6 pharmacies

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
Rural Richmond Hill
$2.50M
Jefferson
$1.44M
Devonsleigh
$1.40M
Rouge Woods
$1.60M

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 Lake Wilcox PS
69%
Lake Wilcox PSPublic · Elementary · JK-8 · 0.4 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$6,827/mo
$282KIncome needed
5.3×Price ÷ income
$1,576Weekly 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.

92%mortgage
Mortgage $6,827Property tax $591Total carry $7,418

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%
$
%
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)
$6,395per month

Mortgage amount $1,198,400 · 4.14% over 25 years

$299,600Down payment (20.0%)
$1,198,400Loan before insurance
$0CMHC premium
$6,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,395
Property tax
$591
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,986

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

One-time closing costs

Ontario land transfer tax
$26,435
Estimated closing costs
$26,435

Plus your down payment of $299,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,767/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

$720,132Total interest paid
$1,918,532Total of all payments
Principal $1,198,400 Interest $720,132
YearPrincipalInterestBalance
1$28,074$48,667$1,170,326
2$29,249$47,493$1,141,077
3$30,472$46,269$1,110,605
4$31,747$44,995$1,078,858
5$33,075$43,667$1,045,783
6$34,458$42,283$1,011,325
7$35,899$40,842$975,426
8$37,401$39,340$938,025
9$38,965$37,776$899,059
10$40,595$36,146$858,464
11$42,293$34,448$816,171
12$44,062$32,679$772,108
13$45,906$30,836$726,203
14$47,826$28,916$678,377
15$49,826$26,915$628,551
16$51,910$24,831$576,641
17$54,082$22,660$522,559
18$56,344$20,398$466,215
19$58,701$18,041$407,515
20$61,156$15,585$346,359
21$63,714$13,027$282,645
22$66,379$10,362$216,266
23$69,156$7,586$147,110
24$72,048$4,693$75,062
25$75,062$1,679$0

At the end of your 5-year term

Total paid over the term
$383,706
Principal paid down
$152,617
Interest paid
$231,090
Balance remaining
$1,045,783

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$6,300/mo
$75,600Gross annual rent
3.9%Est. cap rate

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.

5.0%
Gross yield
− Property tax $7,092− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,792

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

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