173 Selwyn Road, Richmond Hill, ON

Jefferson, Richmond Hill · MLS® N13669130

$1,679,000
For Sale
Listed 68 days agoNo offer date statedSitting longer than typical
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4Bedrooms
5Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Welcome to the stunning Tribute Woodward model, offering approximately 3000 ( 2,987 )sq. ft. of elegant, thoughtfully designed living space in a prestigious...
  • Ideally situated near highly regarded schools, including Moraine Hills Public School (8.2) and St.
  • A true showpiece, the custom gourmet kitchen features granite countertops, custom cabinetry, stone backsplash, a spacious center island and bright breakfast...
  • The adjoining family room impresses with a striking floor-to-ceiling cast gas fireplace, complemented by rich hardwood flooring, custom window coverings and refined...
  • The professionally finished basement, completed in 2018, provides versatile additional living space ideal for a recreation room, home office, gym or entertainment area.

Welcome to the stunning*** Tribute Woodward model***, offering approximately 3000 ( 2,987 )sq. ft. of elegant, thoughtfully designed living space in a prestigious, family-friendly neighborhood. Ideally situated near highly regarded schools, including Moraine Hills Public School (8.2) and St. Theresa Catholic School (10).A true showpiece, the custom gourmet kitchen features granite countertops, custom cabinetry, stone backsplash, a spacious center island and bright breakfast area-beautifully designed for both everyday living and effortless entertaining. The adjoining family room impresses with a striking floor-to-ceiling cast gas fireplace, complemented by rich hardwood flooring, custom window coverings and refined finishes throughout the principal rooms.The spacious primary retreat offers exceptional comfort with a luxurious Jacuzzi tub and separate glass-enclosed shower. A convenient main-floor laundry room with direct garage access adds functionality to the thoughtfully planned layout.The professionally finished basement, completed in 2018, provides versatile additional living space ideal for a recreation room, home office, gym or entertainment area. Roof shingles were replaced in 2021, offering added peace of mind.Walk out from the kitchen to an expansive deck overlooking a fully fenced backyard framed by mature trees-an inviting private setting for outdoor dining, relaxation and entertaining, complete with a gas line for BBQ. A beautifully maintained home offering space, style, comfort and an exceptional location.

Key facts

Property type
Detached, 2-Storey
MLS®
N13669130
Bedrooms
4
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
43.91 × 88.67 ft
Cross streets
Bathurst/Gamble
Parking
2 garage · 4 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,223 / 2025
Days on market
68
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Living RoomMain4.33 × 3.35 m

hardwood floor · combined w/dining · window

Bedroom 4Second4.45 × 3.96 m

laminate · 4 pc ensuite · walk-in closet(s)

KitchenMain4.27 × 2.74 m

ceramic floor · centre island · granite counters

BedroomSecond4.08 × 3.96 m

laminate · 2 way fireplace · window

Primary BedroomSecond6.10 × 4.88 m

laminate · 5 pc ensuite · his and hers closets

Family RoomMain5.18 × 3.96 m

hardwood floor · gas fireplace · pot lights

OtherBasement3.05 × 5.89 m

laminate · pot lights

OtherBasement5.38 × 4.35 m

laminate · pot lights

Dining RoomMain4.57 × 3.66 m

hardwood floor · coffered ceiling(s) · combined w/living

BreakfastMain4.05 × 2.77 m

ceramic floor · w/o to patio · overlooks family

Bedroom 3Second6.03 × 3.35 m

laminate · walk-in closet(s) · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.64Mlikely sale price

Listed at $1,679,000. Going by how homes in Jefferson and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $1.64M, if it sells. A realistic range is $1.54M to $1.85M.

Independent value check: $1.49M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.39M and $1.56M).

Why $1.49M. The typical detached home sold in Jefferson over the past year went for about $1.52M (94 sales). What sets this one apart:

  • ▲ Raises it slightly4 bedrooms and 5 baths, against 4+1 and 4 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $7,223 a year; the typical home sold here pays about $7,500.

Longer on the market than typical. 68 days on the market against about 29 for homes like it here, and asking 13% above where comparable closings put it.

List price
$1.54MBelow recent closings$1.85MAbove recent closings

Total price vs nearby homes. Likely closing about $1.64M, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$1.49Mmedian sold price
99%of asking, on average
−12%prices vs a year ago
~20 dayshomes like this take to sell
68days on market so far
$4,525/moest. rent · 87 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 31 detached homes for sale in the area against 28 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 $611/sqft against an area asking average of $592/sqft.

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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.46M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • 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 ($611/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 28 comparable homes that sold in Jefferson over the past two years, from 200 closings there.

Sold price trend

Median sold price for detached homes in Jefferson: $1.48M in September 2026, down 7% from a year ago, on 93 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.55M9
November 2025$1.50M7
December 2025$1.71M6
February 2026$1.52M7
March 2026$1.43M7
April 2026$1.58M5
May 2026$1.52M15
June 2026$1.42M9
July 2026$1.41M7
August 2026$1.45M7
September 2026$1.48M14

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
$1.58M
Oak Ridges
$1.45M
Mill Pond
$1.56M
Rural Richmond Hill
$1.66M
Oak Ridges Lake Wilcox
$1.50M

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
$7,652/mo
$313KIncome needed
5.4×Price ÷ income
$1,766Weekly cost
$30,055Land 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.

93%mortgage
Mortgage $7,652Property tax $602Total carry $8,254

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

years
years (your rate-locked period)
$7,427per month

Mortgage amount $1,343,200 · 4.49% over 25 years

$335,800Down payment (20.0%)
$1,343,200Loan before insurance
$0CMHC premium
$8,029Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,427
Property tax
$602
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,029

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

One-time closing costs

Ontario land transfer tax
$30,055
Estimated closing costs
$30,055

Plus your down payment of $335,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,989/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

$884,835Total interest paid
$2,228,035Total of all payments
Principal $1,343,200 Interest $884,835
YearPrincipalInterestBalance
1$29,975$59,147$1,313,225
2$31,335$57,786$1,281,890
3$32,758$56,363$1,249,132
4$34,246$54,876$1,214,886
5$35,800$53,321$1,179,086
6$37,426$51,695$1,141,660
7$39,125$49,996$1,102,535
8$40,902$48,220$1,061,633
9$42,759$46,363$1,018,874
10$44,700$44,421$974,174
11$46,730$42,392$927,444
12$48,851$40,270$878,593
13$51,070$38,052$827,523
14$53,388$35,733$774,135
15$55,812$33,309$718,322
16$58,346$30,775$659,976
17$60,996$28,126$598,980
18$63,765$25,356$535,215
19$66,660$22,461$468,555
20$69,687$19,435$398,868
21$72,851$16,270$326,017
22$76,159$12,963$249,859
23$79,617$9,505$170,242
24$83,231$5,890$87,011
25$87,011$2,111$0

At the end of your 5-year term

Total paid over the term
$445,607
Principal paid down
$164,114
Interest paid
$281,493
Balance remaining
$1,179,086

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 87 whole-home leases in Jefferson$4,525/mo
$54,300Gross annual rent
2.4%Cap rate after taxes and upkeep
$4,209 to $4,800Typical rent range
~28 daysTo find a tenant, on average

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 87 whole-home leases in Jefferson signed at a median of $4,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,525. 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.

3.2%
Gross yield
− Property tax $7,223− Insurance $1,400− Vacancy & upkeep $5,973Net operating income $39,704

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

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