188 19th Avenue, Richmond Hill, ON
Jefferson, Richmond Hill · MLS® N13636400
About this home
In short
- An Exceptional Land Opportunity in One of Richmond Hill's Most Desirable Neighbourhoods.
- Situated on an impressive 107 x 205 ft lot, this exceptional offering features City-approved severance into two premium 53.5 x 205 ft building lots, creating an...
- Surrounded by newly built luxury residences and nestled on one of the area's most sought-after streets, this is among the last remaining oversized severable...
An Exceptional Land Opportunity in One of Richmond Hill's Most Desirable Neighbourhoods. Situated on an impressive 107 x 205 ft lot, this exceptional offering features City-approved severance into two premium 53.5 x 205 ft building lots, creating an outstanding opportunity for builders, developers, investors, or end-users looking to create two spectacular custom estates. Surrounded by newly built luxury residences and nestled on one of the area's most sought-after streets, this is among the last remaining oversized severable properties of its kind. The approvals are in place, servicing is available, allowing you to move forward with confidence.The existing two-storey home is well maintained and fully rentable, providing immediate holding income while you finalize building plans or prepare for construction. Ideally located within close proximity to highly regarded schools, beautiful parks, golf courses, shopping, restaurants, public transit, and major highways, this property offers the perfect balance of luxury living, convenience, and long-term investment potential. Whether your vision is to build and sell two prestigious custom homes, create a legacy estate for generations to come, or capitalize on one of Richmond Hill's increasingly limited development opportunities, this property represents an offering that is becoming exceptionally rare. A truly remarkable opportunity where location, scale, approvals, and future value come together. Rarely does a property of this calibre become available.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13636400
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 107.71 × 205 ft
- Cross streets
- Yonge St/19th Ave.
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,615 / 2026
- Days on market
- 76
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
tile floor · open concept
hardwood floor · 5 pc ensuite · his and hers closets
breezeway · enclosed · french doors
hardwood floor · overlooks backyard · walk-in closet(s)
laminate · fireplace · walk-in closet(s)
hardwood floor · french doors · w/o to yard
hardwood floor · fireplace · crown moulding
eat-in kitchen · centre island
hardwood floor · overlooks frontyard · closet
hardwood floor · overlooks frontyard · closet
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
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $611/sqft; this home lists at $1,011/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Jefferson, Richmond Hill, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $2,224,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,297
- Property tax
- $801
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,098
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $55,975
- Estimated closing costs
- $55,975
Plus your down payment of $556,000. 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
- $737,813
- Principal paid down
- $271,732
- Interest paid
- $466,081
- Balance remaining
- $1,952,268
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.