42 Globemaster Lane, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13647904

$1,365,000
For Sale
Listed 74 days agoNo offer date statedSitting longer than typical
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3Bedrooms
5Bathrooms
1Garage · 2 parking
3000-3500Sq ft

About this home

In short

  • Contemporary Luxury 3-Storey Semi-Detached Built by Fifth Avenue Homes-Model LS1, 3214 Sqft Nestled in Prestigious Oak Ridges Richmond Hill.
  • This beautiful home features 3 Spacious Bedrooms + an Option to Add a Bedroom in the Lower Level, 5 Bathrooms beautifully designed with premium finishes & fixtures.
  • Open Concept Layout with High Ceilings, 10 Ft Ceiling Height on 2nd Floor & 9 Ft Ceiling Height on all Other Floors, Coffered Ceiling, Large Windows, Floor to Ceiling...
  • Chefs Kitchen Is Spectacular, Sizeable Quartz Top Waterfall Island Matching Quartz Counters & Quartz Backsplash, Upgraded Hardwood Flooring & in the Bedrooms...
  • Upgraded Brushed Gold Plumbing Fixtures throughout, Upgraded Premium Hardware, Upgraded Lighting & Mirrors, Upgraded Interior Glass Railings, 8 ft Door Heights...

Contemporary Luxury 3-Storey Semi-Detached Built by Fifth Avenue Homes-Model LS1, 3214 Sqft Nestled in Prestigious Oak Ridges Richmond Hill. A Harmonious Blend of Classic and Modern Design. Whether you are a Young Family, Professionals or Looking to Downsize, this home & Community are highly desirable. This beautiful home features 3 Spacious Bedrooms + an Option to Add a Bedroom in the Lower Level, 5 Bathrooms beautifully designed with premium finishes & fixtures. Open Concept Layout with High Ceilings, 10 Ft Ceiling Height on 2nd Floor & 9 Ft Ceiling Height on all Other Floors, Coffered Ceiling, Large Windows, Floor to Ceiling Windows, Open Areas Seamlessly Integrate the Outdoors into Your Home with Interior Designs That Are Thoughtfully Crafted to Elevate Your Lifestyle, Meeting All Your Functional Needs. . Walkout to Terrace from Rec Room on Main Floor, Walkout to Balcony from Kitchen, Walkout to Covered Balcony from Family Room. Chefs Kitchen Is Spectacular, Sizeable Quartz Top Waterfall Island Matching Quartz Counters & Quartz Backsplash, Upgraded Hardwood Flooring & in the Bedrooms, Wainscotting Throughout, Custom Built-ins and Wall Units. Upgraded Brushed Gold Plumbing Fixtures throughout, Upgraded Premium Hardware, Upgraded Lighting & Mirrors, Upgraded Interior Glass Railings, 8 ft Door Heights Throughout. Spacious Principle Rooms, Coffered & Cove Ceilings, Premium Luxury Appliance Package including Sub-Zero Wine Fridge. Expansive Rec Room is Multi-Purpose, Can Be Used as Office/Den/Library. The Primary Bedroom has an electric fireplace, floor to ceiling windows, walk-in closet with custom organizers & Ensuite Oversized Glass Enclosed Shower + Bathtub. 2nd Bedroom has Walkout to Balcony & all Bedrooms Have Floor to Ceiling Windows. Close Proximity to an Array of Amenities Including Shopping, Dining Establishments, Parks, and Convenient Highway Access. **EXTRAS** $300,000 + Upgrades. Monthly POTL fee $155 approximately.

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
N13647904
Bedrooms
3
Bathrooms
5 (2 half)
Size
3000-3500 sq ft
Lot
30.14 × 71.13 ft
Cross streets
Bathurst and King Rd
Parking
1 garage · 2 parking (built-in)
Driveway
Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
74
Listing brokerage
REMAX YOUR COMMUNITY REALTY
Our TakeTeam Asgarian · Broker
Above comparable sales
$1.22Mautomated comparable-sales estimate

Listed at $1,365,000. Comparable closings put this home around $1.22M, so the ask is about 12% above what similar homes have sold for.

Longer on the market than typical. 74 days on the market, and asking 12% above where comparable closings put it.

List price
$1.17MBelow recent closings$1.36MAbove recent closings

Total price vs nearby homes. Fair value about $1.22M, median of 10 comparables.

The market behind the math:

3sold nearby · 90 days
74days on market so far
$4,115/moest. rent · 7 leases
3.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $420/sqft against an area asking average of $681/sqft.

How this estimate is builtthe short version

I take the 10 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights4 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($420/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Oak Ridges, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in Oak Ridges over the past two years, from 27 closings there.

What sellers nearby are askingCurrently listed nearby in Oak Ridges · asking prices
$1.25Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.22M, which is where my estimate comes from.

Per square foot, these ask about $845/sqft; this home lists at $420/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.36MThis home1.38M1.28M1.10MThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Richmond Hill: $960K in September 2026, level with a year ago, on 72 closings in 8 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$1.00M11
November 2025$1.02M5
March 2026$1.11M10
May 2026$956K11
June 2026$1.05M8
July 2026$1.05M13
August 2026$1.03M7
September 2026$960K7

Neighbourhood & location

Oak Ridges, 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.

Oak Ridges Lake Wilcox
$1.10M
Crosby
$864K

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
$6,221/mo
$269KIncome needed
5.1×Price ÷ income
$1,436Weekly cost
$23,775Land 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.

88%mortgage
Mortgage $6,221Estimated property tax $853Total carry $7,074

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,038per month

Mortgage amount $1,092,000 · 4.49% over 25 years

$273,000Down payment (20.0%)
$1,092,000Loan before insurance
$0CMHC premium
$6,891Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,038
Estimated property tax
$853
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,891

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

One-time closing costs

Ontario land transfer tax
$23,775
Estimated closing costs
$23,775

Plus your down payment of $273,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,308/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

$719,357Total interest paid
$1,811,357Total of all payments
Principal $1,092,000 Interest $719,357
YearPrincipalInterestBalance
1$24,369$48,085$1,067,631
2$25,475$46,979$1,042,156
3$26,632$45,822$1,015,524
4$27,841$44,613$987,683
5$29,105$43,349$958,578
6$30,427$42,028$928,151
7$31,808$40,646$896,343
8$33,252$39,202$863,090
9$34,762$37,692$828,328
10$36,341$36,114$791,988
11$37,991$34,464$753,997
12$39,715$32,739$714,282
13$41,519$30,936$672,763
14$43,404$29,050$629,359
15$45,375$27,080$583,985
16$47,435$25,020$536,550
17$49,588$22,866$486,961
18$51,840$20,614$435,121
19$54,194$18,261$380,928
20$56,654$15,800$324,273
21$59,227$13,228$265,047
22$61,916$10,538$203,131
23$64,727$7,727$138,404
24$67,666$4,788$70,738
25$70,738$1,716$0

At the end of your 5-year term

Total paid over the term
$362,271
Principal paid down
$133,422
Interest paid
$228,849
Balance remaining
$958,578

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 7 whole-home leases in Oak Ridges$4,115/mo
$49,380Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,786 to $4,444Typical rent range

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 7 whole-home leases in Oak Ridges signed at a median of $3,332 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,115. 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.

3.6%
Gross yield
− Property tax $9,555− Insurance $1,400− Vacancy & upkeep $5,432Net operating income $32,993

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

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