11 Sorrento Drive, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13591686

$2,599,000
For Sale
Listed 89 days agoNo offer date statedSitting longer than typical
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4Bedrooms
5Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • Rare opportunity to own a custom estate home on one of North Richvale's most private dead-end streets with no through-traffic.
  • A builder's own home, this property offers superior structural integrity and excellent bones throughout, situated on an extraordinary 191-foot deep lot.
  • The grand foyer features a large skylight that creates a bright, open feel the moment you walk in, with elegant crown moulding and high-quality hardwood and ceramic...
  • It offers a seamless walk-out to a large patio overlooking the massive backyard-a perfect canvas for a pool or professional landscaping.
  • Upstairs, the home is designed for family privacy with four spacious bedrooms, including a primary suite with a 6-piece ensuite, a second bedroom with its own private...

Rare opportunity to own a custom estate home on one of North Richvale's most private dead-end streets with no through-traffic. A builder's own home, this property offers superior structural integrity and excellent bones throughout, situated on an extraordinary 191-foot deep lot. The grand foyer features a large skylight that creates a bright, open feel the moment you walk in, with elegant crown moulding and high-quality hardwood and ceramic tile extending across the main level. The functional layout includes a dedicated den, a convenient main-floor laundry room, and a rare, dedicated walk-in closet near the front entrance for extra storage. The living and dining rooms are separated by elegant French doors, with additional French doors providing a subtle partition for the kitchen without losing the home's airy flow. The kitchen is a standout feature, bathed in natural light from dual skylights and finished with classic wainscotting, granite countertops, and California shutters. It offers a seamless walk-out to a large patio overlooking the massive backyard-a perfect canvas for a pool or professional landscaping. Upstairs, the home is designed for family privacy with four spacious bedrooms, including a primary suite with a 6-piece ensuite, a second bedroom with its own private 4-piece ensuite, and two additional bedrooms sharing a semi-ensuite. Located within close proximity to top-rated schools and just a 13-minute walk to Hillcrest Mall, this property combines a premium location with the lasting quality of custom construction, offering incredible potential for those looking to customize a high-end estate.

Key facts

Property type
Detached, 2-Storey
MLS®
N13591686
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
50 × 191.54 ft
Cross streets
Yonge St and 16th Ave
Parking
2 garage · 8 parking (attached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$10,974 / 2025
Days on market
89
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.

Rooms

Living RoomGround3.51 × 5.36 m

hardwood floor · french doors · bay window

DenGround2.72 × 3.81 m

hardwood floor · window

KitchenGround5.97 × 6.02 m

california shutters · granite counters · w/o to patio

Primary BedroomSecond3.84 × 5.84 m

6 pc ensuite · carpet free · hardwood floor

Bedroom 4Second3.00 × 4.09 m

hardwood floor · semi ensuite

LaundryGround1.93 × 2.31 m

window · ceramic floor

Bedroom 2Second3.84 × 3.76 m

hardwood floor · 4 pc ensuite · picture window

Bedroom 3Second3.48 × 4.50 m

hardwood floor · semi ensuite

Family RoomGround3.86 × 5.46 m

california shutters · fireplace · large window

Dining RoomGround3.51 × 4.50 m

crown moulding · hardwood floor · french doors

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in North Richvale · asking prices
$3.63Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $810/sqft; this home lists at $612/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.60MThis home3.75M3.49M3.64MThis home vs active comparables

Neighbourhood & location

North 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.

South Richvale
$4.06M
Observatory
$2.02M
Mill Pond
$1.56M
Crosby
$2.05M
Bayview Hill
$2.52M

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

Affordability
$11,845/mo
$482KIncome needed
5.4×Price ÷ income
$2,734Weekly cost
$51,450Land 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 $11,845Property tax $915Total carry $12,760

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,496per month

Mortgage amount $2,079,200 · 4.49% over 25 years

$519,800Down payment (20.0%)
$2,079,200Loan before insurance
$0CMHC premium
$12,411Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,496
Property tax
$915
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,411

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

One-time closing costs

Ontario land transfer tax
$51,450
Estimated closing costs
$51,450

Plus your down payment of $519,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,914/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

$1,369,676Total interest paid
$3,448,876Total of all payments
Principal $2,079,200 Interest $1,369,676
YearPrincipalInterestBalance
1$46,399$91,556$2,032,801
2$48,506$89,449$1,984,296
3$50,708$87,247$1,933,588
4$53,010$84,945$1,880,577
5$55,417$82,538$1,825,160
6$57,933$80,022$1,767,227
7$60,564$77,391$1,706,663
8$63,314$74,641$1,643,350
9$66,188$71,767$1,577,161
10$69,193$68,762$1,507,968
11$72,335$65,620$1,435,633
12$75,619$62,336$1,360,013
13$79,053$58,902$1,280,960
14$82,642$55,313$1,198,318
15$86,394$51,561$1,111,924
16$90,317$47,638$1,021,607
17$94,418$43,537$927,189
18$98,705$39,250$828,484
19$103,186$34,769$725,298
20$107,871$30,084$617,426
21$112,769$25,186$504,657
22$117,889$20,066$386,767
23$123,242$14,713$263,525
24$128,838$9,117$134,688
25$134,688$3,268$0

At the end of your 5-year term

Total paid over the term
$689,775
Principal paid down
$254,040
Interest paid
$435,735
Balance remaining
$1,825,160

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
2.5%Cap rate after taxes and upkeep

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.

3.4%
Gross yield
− Property tax $10,974− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $66,124

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

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