74 Paper Mills Crescent, Richmond Hill, ON

Jefferson, Richmond Hill · MLS® N13635274

$1,099,800
For Sale
Listed 76 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Welcome to your dream home (Newly Built in 2015).
  • Nestled in most desirable neighborhood in Richmond Hill, premium RAVINE lot backing directly onto lush for total PRIVACY.
  • The entire home is freshly RE-PAINTED, the main floor features gleaming hardwood floor, 9' ceiling and gas fireplace (Ground Floor), 1-CAR garage with INDOOR direct...
  • Upstairs features a convenient laundry room and 3 spacious GOOD SIZES bedrooms, the Primary Bedroom complete with a WALK-IN closet, a private 5-piece ENSUITE and...
  • Minutes to Highway 404, Yonge Street, YRT/Viva transit, Go Stations, Parks, Golf Courses, Grocery stores, Banks, Restaurants.

Welcome to your dream home (Newly Built in 2015)! Nestled in most desirable neighborhood in Richmond Hill, premium RAVINE lot backing directly onto lush for total PRIVACY. This stunning FREEHOLD townhouse offers the ultimate blend of sophistication and comfort (9' Ceiling on Ground Floor, 2nd Floor Laundry & 1,697 Square Feet as per MPAC). The entire home is freshly RE-PAINTED, the main floor features gleaming hardwood floor, 9' ceiling and gas fireplace (Ground Floor), 1-CAR garage with INDOOR direct access, Granite Countertop in Modern Kitchen + WALK-OUT to fully fenced backyard from breakfast area. Upstairs features a convenient laundry room and 3 spacious GOOD SIZES bedrooms, the Primary Bedroom complete with a WALK-IN closet, a private 5-piece ENSUITE and peaceful nature views (overlooks TREES + more privacy). Minutes to Highway 404, Yonge Street, YRT/Viva transit, Go Stations, Parks, Golf Courses, Grocery stores, Banks, Restaurants. Short Drive to Richmond Green Sports Centre and Costco. Located within the Top-ranking Richmond Hill High School district. You deserve to own it !

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13635274
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
20.01 × 112.63 ft
Cross streets
Yonge St & Jefferson Forest Dr & 19th Ave
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,230 / 2026
Days on market
76
Listing brokerage
SINCERE REALTY INC.

Rooms

Primary BedroomSecond4.83 × 3.31 m

broadloom · 5 pc ensuite · walk-in closet(s)

Living RoomGround4.50 × 4.45 m

hardwood floor · circular stairs

Bedroom 2Second4.07 × 3.07 m

broadloom · south view · closet

Bedroom 2Second4.07 × 3.07 m

broadloom · south view · closet

BreakfastGround2.60 × 3.37 m

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

LaundrySecond2.41 × 1.65 m

Tile Floor

Bedroom 3Second3.75 × 2.61 m

broadloom · south view · closet

Living RoomGround4.50 × 4.45 m

hardwood floor · gas fireplace · combined w/dining

BreakfastGround2.60 × 3.37 m

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

LaundrySecond2.41 × 1.65 m

Tile Floor

Bedroom 3Second3.75 × 2.61 m

broadloom · south view · closet

Primary BedroomSecond4.83 × 3.31 m

broadloom · 5 pc ensuite · walk-in closet(s)

FoyerGround1.93 × 1.60 m

ceramic floor · large closet · circular oak stairs

Dining RoomGround4.50 × 4.45 m

hardwood floor · window · combined w/living

Living RoomGround4.50 × 4.45 m

hardwood floor · gas fireplace · combined w/dining

KitchenGround5.07 × 3.37 m

ceramic floor · breakfast area · modern kitchen

KitchenGround5.07 × 3.37 m

ceramic floor · breakfast area · modern kitchen

Dining RoomGround4.50 × 4.45 m

hardwood floor · window · combined w/living

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

Jefferson, 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.

Westbrook
$1.07M
Rural Richmond Hill
$1.10M
Oak Ridges Lake Wilcox
$1.02M
Oak Ridges
$1.08M
Rouge Woods
$1.00M

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
$5,013/mo
$208KIncome needed
5.3×Price ÷ income
$1,157Weekly cost
$18,471Land 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 $5,013Property tax $436Total carry $5,448

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%
$
%
4.49%
%
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)
$4,865per month

Mortgage amount $879,840 · 4.49% over 25 years

$219,960Down payment (20.0%)
$879,840Loan before insurance
$0CMHC premium
$5,301Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,865
Property tax
$436
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,301

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

One-time closing costs

Ontario land transfer tax
$18,471
Estimated closing costs
$18,471

Plus your down payment of $219,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,888/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

$579,596Total interest paid
$1,459,436Total of all payments
Principal $879,840 Interest $579,596
YearPrincipalInterestBalance
1$19,634$38,743$860,206
2$20,526$37,852$839,680
3$21,458$36,920$818,222
4$22,432$35,945$795,790
5$23,450$34,927$772,340
6$24,515$33,862$747,825
7$25,628$32,749$722,196
8$26,792$31,585$695,404
9$28,008$30,369$667,396
10$29,280$29,097$638,116
11$30,610$27,768$607,506
12$31,999$26,378$575,507
13$33,452$24,925$542,055
14$34,971$23,406$507,084
15$36,559$21,819$470,525
16$38,219$20,159$432,306
17$39,954$18,423$392,352
18$41,768$16,609$350,584
19$43,665$14,713$306,919
20$45,647$12,730$261,272
21$47,720$10,658$213,552
22$49,886$8,491$163,666
23$52,151$6,226$111,514
24$54,519$3,858$56,995
25$56,995$1,383$0

At the end of your 5-year term

Total paid over the term
$291,887
Principal paid down
$107,500
Interest paid
$184,387
Balance remaining
$772,340

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$3,150/mo
$37,800Gross 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 $5,230− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,012

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

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