40 Boiton Street, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13658516

$1,405,999
For Sale
Listed 70 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About this home

In short

  • Experience modern elegance in this exceptional 4-year-new semi-detached home offering over 2,200 sq. ft. of thoughtfully designed living space.
  • Showcasing a striking stucco and stone façade, this home features soaring 9-ft ceilings on both levels, pot lights, and designer lighting throughout.
  • The open-concept layout is anchored by a gourmet kitchen with quartz countertops, a waterfall centre island, breakfast bar, and a stylish backsplash-perfect for...
  • Situated in a highly sought-after neighbourhood, just minutes from top-ranked Bayview Secondary School, public transit, Costco, restaurants, banks, shopping, parks...

Experience modern elegance in this exceptional 4-year-new semi-detached home offering over 2,200 sq. ft. of thoughtfully designed living space. Showcasing a striking stucco and stone façade, this home features soaring 9-ft ceilings on both levels, pot lights, and designer lighting throughout. The open-concept layout is anchored by a gourmet kitchen with quartz countertops, a waterfall centre island, breakfast bar, and a stylish backsplash-perfect for everyday living and entertaining. A private main-floor office adds flexibility for remote work or study. The upper level offers four spacious bedrooms, two full bathrooms, and a convenient laundry room. Premium upgrades include partial motorized blinds, and an interlock driveway. Situated in a highly sought-after neighbourhood, just minutes from top-ranked Bayview Secondary School, public transit, Costco, restaurants, banks, shopping, parks, and easy access to Highway 404.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13658516
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
27.89 × 86.29 ft
Cross streets
Leslie/Elgin Mills
Parking
1 garage · 2 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$6,825 / 2025
Days on market
70
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 3Second3.35 × 3.05 m

large closet · large window

Primary BedroomSecond5.49 × 3.66 m

5 pc ensuite · walk-in closet(s) · large window

Living RoomGround6.81 × 3.66 m

pot lights · open concept · w/o to deck

Bedroom 4Second3.35 × 3.05 m

large closet · large window

OfficeGround2.74 × 2.13 m

window · separate room

KitchenGround3.45 × 2.74 m

stainless steel appl · centre island · breakfast bar

Dining RoomGround3.66 × 3.35 m

pot lights · open concept · combined w/living

Bedroom 2Second3.20 × 3.05 m

large closet · large window

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

Rural Richmond Hill, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Crosby
$864K
Oak Ridges Lake Wilcox
$1.10M
Oak Ridges
$1.28M

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
$6,408/mo
$265KIncome needed
5.3×Price ÷ income
$1,479Weekly cost
$24,595Land 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 $6,408Property tax $569Total carry $6,977

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)
$6,219per month

Mortgage amount $1,124,799 · 4.49% over 25 years

$281,200Down payment (20.0%)
$1,124,799Loan before insurance
$0CMHC premium
$6,788Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,219
Property tax
$569
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,788

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

One-time closing costs

Ontario land transfer tax
$24,595
Estimated closing costs
$24,595

Plus your down payment of $281,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,527/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

$740,963Total interest paid
$1,865,762Total of all payments
Principal $1,124,799 Interest $740,963
YearPrincipalInterestBalance
1$25,101$49,530$1,099,698
2$26,240$48,390$1,073,458
3$27,432$47,199$1,046,026
4$28,677$45,953$1,017,349
5$29,979$44,651$987,370
6$31,341$43,290$956,029
7$32,764$41,867$923,265
8$34,251$40,379$889,014
9$35,806$38,824$853,208
10$37,432$37,198$815,776
11$39,132$35,499$776,644
12$40,908$33,722$735,736
13$42,766$31,865$692,970
14$44,708$29,923$648,263
15$46,737$27,893$601,525
16$48,859$25,771$552,666
17$51,078$23,553$501,588
18$53,397$21,233$448,191
19$55,821$18,809$392,369
20$58,356$16,275$334,013
21$61,006$13,625$273,008
22$63,775$10,855$209,232
23$66,671$7,959$142,561
24$69,698$4,932$72,863
25$72,863$1,768$0

At the end of your 5-year term

Total paid over the term
$373,152
Principal paid down
$137,430
Interest paid
$235,723
Balance remaining
$987,370

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$4,200/mo
$50,400Gross annual rent
2.6%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.

3.6%
Gross yield
− Property tax $6,825− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,631

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

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