21 Mayvern Crescent, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13623758

$1,597,000
For Sale
Listed 80 days agoNo offer date statedSitting longer than typical
4+1Bedrooms
5Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome To Your Private Resort At 21 Mayvern Cres.
  • Step into a spectacular, fully fenced backyard oasis with sun-drenched southern exposure.
  • An entertainer's dream featuring a massive stone patio, heated in-ground saltwater pool, hot tub, and a custom cabana with a 4-seater bar and change room.
  • The spacious primary retreat offers hardwood floors, a walk-in closet, and a newly updated 5pc spa ensuite.
  • Three more generous bedrooms feature hardwood throughout the upper level alongside an updated 4pc bath.

Welcome To Your Private Resort At 21 Mayvern Cres! This stunning 4-bed detached home in the heart of Richmond Hill boasts a premium 75ft frontage and multiple walkouts. Step into a spectacular, fully fenced backyard oasis with sun-drenched southern exposure. An entertainer's dream featuring a massive stone patio, heated in-ground saltwater pool, hot tub, and a custom cabana with a 4-seater bar and change room! Inside, enjoy an open-concept kitchen with stainless steel appliances, breakfast nook, and a direct patio walkout. The spacious primary retreat offers hardwood floors, a walk-in closet, and a newly updated 5pc spa ensuite. Three more generous bedrooms feature hardwood throughout the upper level alongside an updated 4pc bath. The finished lower level includes an open rec room, gym, 4pc bath & storage. Steps to top schools, trails, transit & shopping!

Key facts

Property type
Detached, 2-Storey
MLS®
N13623758
Bedrooms
4+1 (5 total)
Bathrooms
5 (2 half)
Size
2000-2500 sq ft
Lot
75 × 126 ft
Cross streets
Yonge St. / Carrville Rd.
Parking
2 garage · 6 parking (built-in)
Basement
Apartment, Finished, Separate Entrance, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Slab
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$7,638 / 2026
Days on market
80
Listing brokerage
INTERNATIONAL REALTY FIRM, INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.55Mlikely sale price

Listed at $1,597,000. Going by how homes in North Richvale and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $1.55M, if it sells. A realistic range is $1.45M to $1.74M.

Independent value check: $1.51M. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $1.42M and $1.58M).

Why $1.51M. The typical detached home sold in North Richvale over the past year went for about $1.28M (60 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,638 a year; the typical home sold here pays about $6,400.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it4+1 bedrooms and 5 baths, against 3+1 and 4 typically.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.

Longer on the market than typical. 80 days on the market against about 28 for homes like it here, and asking 6% above where comparable closings put it.

List price
$1.45MBelow recent closings$1.74MAbove recent closings

Total price vs nearby homes. Likely closing about $1.55M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$1.30Mmedian sold price
97%of asking, on average
−5%prices vs a year ago
~19 dayshomes like this take to sell
80days on market so far
$4,030/moest. rent · 13 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 6 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $710/sqft against an area asking average of $732/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in North Richvale: 31 of the 118 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.35M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($710/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 16 comparable homes that sold in North Richvale over the past two years, from 147 closings there.

What sellers nearby are askingCurrently listed nearby in North Richvale · asking prices
$1.49Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.51M, which is where my estimate comes from.

Per square foot, these ask about $736/sqft; this home lists at $710/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.60MThis home1.69M1.80M1.27M1.26M1.46MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.58M86
November 2025$1.47M77
December 2025$1.68M48
January 2026$1.48M52
February 2026$1.52M57
March 2026$1.49M70
April 2026$1.50M73
May 2026$1.46M114
June 2026$1.50M119
July 2026$1.50M92
August 2026$1.48M80
September 2026$1.44M80

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
Mill Pond
$1.56M
Observatory
$2.02M
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
$7,279/mo
$301KIncome needed
5.3×Price ÷ income
$1,680Weekly cost
$28,415Land 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 $7,279Property tax $637Total carry $7,915

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)
$7,064per month

Mortgage amount $1,277,600 · 4.49% over 25 years

$319,400Down payment (20.0%)
$1,277,600Loan before insurance
$0CMHC premium
$7,701Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,064
Property tax
$637
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,701

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

One-time closing costs

Ontario land transfer tax
$28,415
Estimated closing costs
$28,415

Plus your down payment of $319,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,550/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

$841,621Total interest paid
$2,119,221Total of all payments
Principal $1,277,600 Interest $841,621
YearPrincipalInterestBalance
1$28,511$56,258$1,249,089
2$29,805$54,964$1,219,284
3$31,158$53,610$1,188,126
4$32,573$52,196$1,155,553
5$34,052$50,717$1,121,501
6$35,598$49,171$1,085,903
7$37,214$47,554$1,048,688
8$38,904$45,865$1,009,784
9$40,671$44,098$969,114
10$42,517$42,252$926,597
11$44,448$40,321$882,149
12$46,466$38,303$835,683
13$48,575$36,193$787,108
14$50,781$33,988$736,327
15$53,087$31,682$683,241
16$55,497$29,272$627,744
17$58,017$26,752$569,727
18$60,651$24,118$509,076
19$63,405$21,364$445,672
20$66,283$18,485$379,388
21$69,293$15,476$310,095
22$72,439$12,330$237,656
23$75,728$9,041$161,928
24$79,167$5,602$82,761
25$82,761$2,008$0

At the end of your 5-year term

Total paid over the term
$423,844
Principal paid down
$156,099
Interest paid
$267,745
Balance remaining
$1,121,501

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
From 13 whole-home leases in North Richvale$4,030/mo
$48,360Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,828 to $4,340Typical rent range
~32 daysTo find a tenant, on average

The suite is real income here: basements rent in North Richvale (31 of 118 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 a month on top of the upper floors. Permitted use is worth confirming with the city.

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

Talk about the numbers

The last 13 whole-home leases in North Richvale signed at a median of $3,782 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,030. 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.

3.0%
Gross yield
− Property tax $7,638− Insurance $1,400− Vacancy & upkeep $5,320Net operating income $34,002

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

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