54 Stave Crescent, Richmond Hill, ON

Westbrook, Richmond Hill · MLS® N13598780

$1,599,900
For Sale
Listed 88 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
4Bathrooms
2Garage · 5 parking
3000-3500Sq ft

About this home

In short

  • Welcome to this exceptionally spacious 3,259 sq. ft. residence nestled in Richmond Hill's highly sought-after Westbrook community.
  • Step into the large entry foyer to find soaring ceilings, beautiful granite flooring, and a breathtaking curved wood staircase accented with elegant metal pickets.
  • Beyond the impressive entrance, gorgeous engineered hardwood flooring flows seamlessly throughout the main and second levels.
  • The luxurious primary bedroom suite is a true private oasis, complete with a walk-in closet, an exclusive dressing room, and a spa-like ensuite bathroom featuring a...
  • Entertain guests in the massive recreation room, which comes complete with a pool table that stays with the home.

Welcome to this exceptionally spacious 3,259 sq. ft. residence nestled in Richmond Hill's highly sought-after Westbrook community. Step into the large entry foyer to find soaring ceilings, beautiful granite flooring, and a breathtaking curved wood staircase accented with elegant metal pickets.Beyond the impressive entrance, gorgeous engineered hardwood flooring flows seamlessly throughout the main and second levels. Designed for grand entertaining and comfortable everyday living, the main floor boasts spacious, separate living and dining rooms, a dedicated private office, and an expansive family room. At the heart of the home is a modern kitchen featuring a convenient walk-out directly to the backyard-perfect for summer barbecues.Retreat to the upper level where the generous proportions continue with incredibly large bedrooms. The luxurious primary bedroom suite is a true private oasis, complete with a walk-in closet, an exclusive dressing room, and a spa-like ensuite bathroom featuring a 6-jet Jacuzzi tub. Car enthusiasts will also appreciate the meticulously maintained garage, upgraded with epoxy flooring.The beautifully finished lower level expands your living space further, featuring a huge additional bedroom, a second office, a pristine 3-piece bathroom, and your very own private sauna. Entertain guests in the massive recreation room, which comes complete with a pool table that stays with the home!As evening falls, the property's striking exterior is beautifully illuminated by 32 pot lights, conveniently operated by remote control to create stunning curb appeal.Located in a premier neighborhood, this home offers unparalleled access to top-rated education. It is zoned for the highly esteemed St. Theresa of Lisieux Catholic High School, making it an incredible choice for growing families.

Key facts

Property type
Detached, 2-Storey
MLS®
N13598780
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
49.25 × 108.37 ft
Cross streets
Bathurst & Elgin Mills
Parking
2 garage · 5 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,414 / 2025
Days on market
88
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomBasement6.10 × 3.40 m

vinyl floor · window

KitchenGround6.98 × 3.62 m

hardwood floor · quartz counter · modern kitchen

OfficeGround3.75 × 2.89 m

hardwood floor · window · french doors

Living RoomGround5.50 × 3.61 m

Hardwood Floor

BreakfastGround6.98 × 3.62 m

hardwood floor · combined w/kitchen · w/o to yard

Bedroom 3Second5.10 × 3.60 m

hardwood floor · closet · window

Bedroom 2Second3.64 × 3.25 m

hardwood floor · window · closet

RecreationBasement7.53 × 5.63 m

vinyl floor · sauna · 3 pc bath

Primary BedroomSecond6.70 × 3.80 m

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

Bedroom 4Second4.88 × 3.61 m

hardwood floor · double closet · large window

FoyerGround7.32 × 3.25 m

granite floor · curved stairs · metal railing

OfficeBasement3.27 × 3.32 m

vinyl floor · window

Dining RoomGround4.72 × 3.55 m

hardwood floor · pot lights

Family RoomGround5.94 × 3.76 m

hardwood floor · pot lights · fireplace

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

Neighbourhood & location

Westbrook, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Mill Pond
$1.56M
Crosby
$2.05M
Jefferson
$1.41M
North Richvale
$1.46M
Rouge Woods
$1.77M

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
$7,292/mo
$300KIncome needed
5.3×Price ÷ income
$1,683Weekly cost
$28,473Land 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.

92%mortgage
Mortgage $7,292Property tax $618Total carry $7,910

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,077per month

Mortgage amount $1,279,920 · 4.49% over 25 years

$319,980Down payment (20.0%)
$1,279,920Loan before insurance
$0CMHC premium
$7,695Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,077
Property tax
$618
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,695

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

One-time closing costs

Ontario land transfer tax
$28,473
Estimated closing costs
$28,473

Plus your down payment of $319,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,565/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

$843,149Total interest paid
$2,123,069Total of all payments
Principal $1,279,920 Interest $843,149
YearPrincipalInterestBalance
1$28,562$56,360$1,251,358
2$29,859$55,064$1,221,498
3$31,215$53,708$1,190,283
4$32,632$52,291$1,157,651
5$34,114$50,809$1,123,537
6$35,663$49,260$1,087,875
7$37,282$47,641$1,050,593
8$38,975$45,948$1,011,618
9$40,744$44,178$970,874
10$42,594$42,328$928,279
11$44,528$40,395$883,751
12$46,550$38,373$837,201
13$48,664$36,259$788,537
14$50,873$34,050$737,664
15$53,183$31,740$684,481
16$55,598$29,325$628,884
17$58,122$26,801$570,762
18$60,761$24,162$510,001
19$63,520$21,403$446,481
20$66,404$18,519$380,077
21$69,419$15,504$310,658
22$72,571$12,352$238,087
23$75,866$9,057$162,222
24$79,310$5,612$82,911
25$82,911$2,011$0

At the end of your 5-year term

Total paid over the term
$424,614
Principal paid down
$156,383
Interest paid
$268,231
Balance remaining
$1,123,537

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.

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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
3.7%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.

4.7%
Gross yield
− Property tax $7,414− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,470

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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