62 ridgepoint Road, Vaughan, ON

Kleinburg, Vaughan · MLS® N13677364

$2,860,000
For Sale
Listed 63 days agoNo offer date stated
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5+1Bedrooms
6Bathrooms
3Garage · 6 parking
5,000Sq ft

About this home

In short

  • Gorgeous 5 Bed 5 Bath Executive Home On A Huge Lot In Prestigious Kleinburg.
  • New Light Fixtures & Pot-lights Throughout, Tons Of Essential Upgrades: 5000 Sqft.
  • Of Luxury Space That Contains A Large Open Concept Kitchen And Morning Kitchen, 10' Ceilings On the Main Floor, 9' Ceilings Upper And Basement, Hardwood Throughout...
  • Grand Master Bedroom Featuring A 5Pc Ensuite & Huge Walk-In Closet.

Gorgeous 5 Bed 5 Bath Executive Home On A Huge Lot In Prestigious Kleinburg. Suitable For a Big Family. New Light Fixtures & Pot-lights Throughout, Tons Of Essential Upgrades: 5000 Sqft. Of Luxury Space That Contains A Large Open Concept Kitchen And Morning Kitchen, 10' Ceilings On the Main Floor, 9' Ceilings Upper And Basement, Hardwood Throughout, Main Floor Den With A Walk-In Library, And The List Goes On! Walk-Out To Portico And Backyard, Stone Counters, Stainless Steel Appliances and A Spacious Pantry. Grand Master Bedroom Featuring A 5Pc Ensuite & Huge Walk-In Closet. Convenient Upstairs Laundry

Key facts

Property type
Detached, 2-Storey
MLS®
N13677364
Bedrooms
5+1 (6 total)
Bathrooms
6
Size
5,000 sq ft
Lot
60.01 × 104.2 ft
Cross streets
Kipling/McMichael Avenue
Parking
3 garage · 6 parking (attached)
Basement
Finished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$11,958 / 2026
Days on market
63
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Bedroom 3Second4.02 × 4.27 m

Hardwood Floor

Great RoomMain6.10 × 5.79 m

Hardwood Floor

DenMain3.96 × 3.60 m

Hardwood Floor

KitchenMain3.23 × 5.91 m

Hardwood Floor

BreakfastMain3.78 × 5.49 m

Hardwood Floor

Dining RoomMain4.57 × 4.57 m

Hardwood Floor

Primary BedroomSecond6.10 × 5.18 m

Hardwood Floor

Bedroom 2Second4.57 × 3.66 m

Hardwood Floor

LibraryMain3.69 × 3.66 m

Hardwood Floor

Bedroom 4Second4.57 × 3.96 m

Hardwood Floor

Bedroom 5Second3.96 × 3.35 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Kleinburg (3,500 sq ft and up) have sold between $1.57M and $9.00M over the last two years (102 sales).

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Kleinburg · asking prices
$4.33Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.47M, which is where my estimate comes from.

Per square foot, these ask about $885/sqft; this home lists at $572/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.86MThis home3.20M2.00M6.49M5.65MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Kleinburg: $1.99M in September 2026, up 10% from a year ago, on 151 closings in 12 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$1.69M13
November 2025$1.74M9
December 2025$1.81M6
January 2026$1.69M8
February 2026$1.61M11
March 2026$1.68M13
April 2026$1.60M12
May 2026$1.71M13
June 2026$1.68M15
July 2026$1.65M18
August 2026$2.05M15
September 2026$1.99M18

Neighbourhood & location

Kleinburg, Vaughan, 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.

Sonoma Heights
$1.47M
Vellore Village
$1.63M
Islington Woods
$1.99M
Maple
$1.81M
West Woodbridge
$1.53M

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$13,035/mo
$530KIncome needed
5.4×Price ÷ income
$3,008Weekly cost
$57,975Land 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 $13,035Property tax $996Total carry $14,031

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,651per month

Mortgage amount $2,288,000 · 4.49% over 25 years

$572,000Down payment (20.0%)
$2,288,000Loan before insurance
$0CMHC premium
$13,647Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,651
Property tax
$997
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,647

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

One-time closing costs

Ontario land transfer tax
$57,975
Estimated closing costs
$57,975

Plus your down payment of $572,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,312/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

$1,507,223Total interest paid
$3,795,223Total of all payments
Principal $2,288,000 Interest $1,507,223
YearPrincipalInterestBalance
1$51,058$100,751$2,236,942
2$53,377$98,432$2,183,565
3$55,800$96,009$2,127,765
4$58,334$93,475$2,069,431
5$60,982$90,827$2,008,449
6$63,751$88,058$1,944,697
7$66,646$85,163$1,878,052
8$69,672$82,137$1,808,380
9$72,835$78,974$1,735,545
10$76,142$75,667$1,659,403
11$79,599$72,210$1,579,804
12$83,213$68,596$1,496,590
13$86,992$64,817$1,409,599
14$90,941$60,868$1,318,657
15$95,070$56,738$1,223,587
16$99,387$52,422$1,124,200
17$103,900$47,909$1,020,300
18$108,617$43,192$911,683
19$113,549$38,260$798,134
20$118,704$33,105$679,430
21$124,094$27,715$555,336
22$129,728$22,081$425,608
23$135,618$16,190$289,989
24$141,776$10,033$148,213
25$148,213$3,596$0

At the end of your 5-year term

Total paid over the term
$759,045
Principal paid down
$279,551
Interest paid
$479,493
Balance remaining
$2,008,449

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 31 whole-home leases in Kleinburg$6,866/mo
$82,392Gross annual rent
2.1%Cap rate after taxes and upkeep
$6,034 to $7,595Typical rent range
~33 daysTo find a tenant, on average

The suite is real income here: basements rent in Kleinburg (26 of 172 recent detached leases were basement units, around $2,050 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,050 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 31 whole-home leases in Kleinburg signed at a median of $6,072 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,866. 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.

2.9%
Gross yield
− Property tax $11,958− Insurance $1,400− Vacancy & upkeep $9,063Net operating income $59,971

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

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