231 Shaftsbury Avenue, Richmond Hill, ON
Westbrook, Richmond Hill · MLS® N13681194
About this home
In short
- Beautiful Designer Home W/3 Car Garage W/Walkout Bsmt. in Richmond Hills Top School District.
- With over 4600 SQFT. of total living space.
- Professional Modern Kitchen With Built-In Appliances, Laser Automatic Cabinet And More!!!Stunning Open Concept Living Room W/Open To Above.
- Income Potential: Walkout Basement W/Self Contained Apartment W/Kitchen/Laundry&3 Bedrooms.
- Theresa of Lisieux Catholic High School and very close to Richmond Hill High School. location close to parks, shops, and highways luxury living meets everyday...
Beautiful Designer Home W/3 Car Garage W/Walkout Bsmt. in Richmond Hills Top School District. With over 4600 SQFT. of total living space. This Sun-Filled Residence Features a 20-FT High Living Room, Formal Dining Room Open Kitchen with Large Island and Breakfast Area, and a Spacious Primary Suite. Professional Modern Kitchen With Built-In Appliances, Laser Automatic Cabinet And More!!!Stunning Open Concept Living Room W/Open To Above. Main Floor Office. High Demand Richmond Hill Westbrook/St Theresa Location! Income Potential: Walkout Basement W/Self Contained Apartment W/Kitchen/Laundry&3 Bedrooms. 220V Charger In Garage For Electric Car!2 Gas Firplaces. One Minute Walking Distance to St. Theresa of Lisieux Catholic High School and very close to Richmond Hill High School. location close to parks, shops, and highways luxury living meets everyday convenience.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13681194
- Bedrooms
- 4+3 (7 total)
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 49.21 × 131.23 ft
- Cross streets
- Bathurst / Shaftsbury
- Parking
- 3 garage · 10 parking (built-in)
- Driveway
- Private
- Basement
- Apartment, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Above Ground
- Property tax
- $10,914 / 2026
- Days on market
- 64
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
hardwood floor · cathedral ceiling(s) · pot lights
stone floor · eat-in kitchen · stainless steel appl
hardwood floor · pot lights · casement windows
hardwood floor · crown moulding · formal rm
hardwood floor · walk-in closet(s) · 5 pc bath
hardwood floor · separate room · casement windows
hardwood floor · closet organizers · pot lights
open concept · overlooks backyard · family size kitchen
hardwood floor · pot lights · casement windows
stone floor · gas fireplace · w/o to yard
hardwood floor · gas fireplace · w/o to deck
hardwood floor · renovated · stainless steel appl
Listed at $1,890,000. Going by how homes in Westbrook and the wider GTA have actually closed against their asking prices (about 97%, 15 local closings in 90 days), the likely sale price is near $1.83M, if it sells. A realistic range is $1.72M to $2.07M.
Independent value check: $2.00M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $1.87M and $2.09M).
Why $2.00M. The typical detached home sold in Westbrook over the past year went for about $1.50M (68 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,914 a year; the typical home sold here pays about $7,500.
- ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises it3 garage and 10 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $1.83M, from 15 recent closings in this pocket.
The market behind the math:
About 2 months of inventory: 10 detached homes for sale in the area against 15 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $445/sqft against an area asking average of $542/sqft.
- Walk-out basement apartment features. A finished 3 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Westbrook: 21 of the 145 detached leases here lately were basement units, around $1,850 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.01M. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 15 comparable homes that sold in Westbrook over the past two years, from 140 closings there.
For sale
For sale
For sale
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For sale
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For sale
For saleNothing 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 $2.00M, which is where my estimate comes from.
Per square foot, these ask about $487/sqft; this home lists at $445/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
Westbrook, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 $1,512,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,360
- Property tax
- $910
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,270
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,275
- Estimated closing costs
- $34,275
Plus your down payment of $378,000. 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
- $501,606
- Principal paid down
- $184,738
- Interest paid
- $316,868
- Balance remaining
- $1,327,262
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
The suite is real income here: basements rent in Westbrook (21 of 145 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 numbersThe last 9 whole-home leases in Westbrook signed at a median of $5,723 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,940. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.