47 Futura Avenue, Richmond Hill, ON
Rouge Woods, Richmond Hill · MLS® N13611226
About this home
In short
- Rare opportunity to own in the highly sought-after Rouge Woods community.
- Offered in as-is, where-is condition, this spacious home features a highly functional layout with 4+1 bedrooms, 5 bathrooms, 9' ceilings, two primary bedrooms with...
- Enjoy walking distance to parks, playgrounds, and Rouge River trails, with convenient access to Highway 404, Richmond Hill GO, Costco, Home Depot, Walmart...
Rare opportunity to own in the highly sought-after Rouge Woods community! Offered in as-is, where-is condition, this spacious home features a highly functional layout with 4+1 bedrooms, 5 bathrooms, 9' ceilings, two primary bedrooms with ensuite bathrooms, second-floor laundry, a main-floor family room with fireplace, a bright breakfast area with walkout to the private south-facing backyard, and direct garage access to the basement. Situated on a quiet, family-friendly street within the boundaries of Bayview Secondary School (IB Program), Richmond Rose Public School, and Our Lady Queen of the World Catholic Academy. Enjoy walking distance to parks, playgrounds, and Rouge River trails, with convenient access to Highway 404, Richmond Hill GO, Costco, Home Depot, Walmart, restaurants, banks, and all major shopping. An exceptional opportunity for first-time buyers, families, investors, or renovators to create their dream home in one of Richmond Hill's most desirable neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13611226
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 29.53 × 109.91 ft
- Cross streets
- Bayview/ Major Mackenzie
- Parking
- 2 garage · 4 parking (built-in)
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Not Applicable
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,987 / 2025
- Days on market
- 84
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
closet · window
closet · large window
combined w/family · overlooks backyard · sliding doors
Combined w/Dining
Centre Island
4 pc bath · walk-in closet(s)
Fireplace
3 Pc Bath
Combined w/Living
3 pc ensuite · walk-in closet(s)
Listed at $1,259,000. Going by how homes in Rouge Woods and the wider GTA have actually closed against their asking prices (about 100%, 17 local closings in 90 days), the likely sale price is near $1.26M, if it sells. A realistic range is $1.18M to $1.42M.
Independent value check: $1.31M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $1.22M and $1.37M).
Why $1.31M. The typical detached home sold in Rouge Woods over the past year went for about $1.57M (67 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,987 a year; the typical home sold here pays about $7,600.
- ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
- ▲ Raises it slightly4+2 bedrooms and 5 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $1.26M, from 17 recent closings in this pocket.
The market behind the math:
About 1.4 months of inventory: 8 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $560/sqft against an area asking average of $706/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.36M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Based on 17 comparable homes that sold in Rouge Woods over the past two years, from 126 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $693/sqft; this home lists at $560/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Rouge Woods: $1.56M in September 2026, up 1% from a year ago, on 63 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 7 |
| November 2025 | $1.65M | 9 |
| March 2026 | $1.49M | 9 |
| April 2026 | $1.53M | 8 |
| May 2026 | $1.43M | 5 |
| June 2026 | $1.63M | 5 |
| July 2026 | $1.60M | 6 |
| August 2026 | $1.64M | 6 |
| September 2026 | $1.56M | 8 |
Neighbourhood & location
Rouge Woods, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,007,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,569
- Property tax
- $582
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,151
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,655
- Estimated closing costs
- $21,655
Plus your down payment of $251,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $334,139
- Principal paid down
- $123,061
- Interest paid
- $211,078
- Balance remaining
- $884,139
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 72 whole-home leases in Rouge Woods signed at a median of $4,445 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,406. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.