18 Parker Avenue, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13681714

$2,498,000
For Sale
Listed 63 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
6Bathrooms
3Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • An extraordinary custom-built estate on premium 80x200 feet lot, defined by impeccable craftsmanship and uncompromising attention to detail, Boasting over 6,500 sq....
  • The grand family room impresses with a soaring 23-foot ceiling and a dramatic floor-to-ceiling fireplace, creating a stunning focal point while overlooking a private...
  • Retreat to the opulent primary suite, complete with a double-sided fireplace, a spa-inspired 7-piece ensuite, and a spacious walk-in closet.
  • The fully finished lower level elevates the home further with heated flooring throughout, offering enhanced comfort and year-round luxury.

An extraordinary custom-built estate on premium 80x200 feet lot, defined by impeccable craftsmanship and uncompromising attention to detail, Boasting over 6,500 sq. ft. of luxurious living space, Back onto green space, this residence offers a seamless blend of elegance, comfort, and timeless design.The grand family room impresses with a soaring 23-foot ceiling and a dramatic floor-to-ceiling fireplace, creating a stunning focal point while overlooking a private ravine backdrop and a beautifully designed, entertainer's dream backyard. with pool and play grand , The chef-inspired kitchen is thoughtfully designed for both everyday living and upscale entertaining, featuring an oversized centre island, premium granite countertops, and generous workspace.Retreat to the opulent primary suite, complete with a double-sided fireplace, a spa-inspired 7-piece ensuite, and a spacious walk-in closet. The fully finished lower level elevates the home further with heated flooring throughout, offering enhanced comfort and year-round luxury.A rare offering that combines sophistication, scale, and a serene natural setting-this home is truly one of a kind.

Key facts

Property type
Detached, 2-Storey
MLS®
N13681714
Bedrooms
4+2 (6 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
79.47 × 200.16 ft
Cross streets
YONGE ST/KING
Parking
3 garage · 6 parking (attached)
Basement
Finished, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$13,800 / 2025
Days on market
63
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomSecond6.90 × 5.57 m

7 pc ensuite · walk-in closet(s)

Living RoomMain7.20 × 4.75 m

marble floor · crown moulding

KitchenMain9.83 × 6.20 m

centre island · granite counters

Bedroom 4Second5.20 × 4.40 m

5 pc ensuite · b/i closet

Family RoomMain9.83 × 6.20 m

floor/ceil fireplace · overlooks ravine

Dining RoomMain5.10 × 4.35 m

marble floor · crown moulding

RecreationBasement10.50 × 5.80 m

wet bar · heated floor

BedroomBasement0.00 × 0.00 m
Bedroom 3Second5.40 × 5.20 m

5 pc ensuite · closet

OfficeMain4.50 × 8.50 m

hardwood floor · overlooks frontyard

Bedroom 2Second5.40 × 5.10 m

5 pc ensuite · closet

BedroomBasement0.00 × 0.00 m
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
What sellers nearby are askingCurrently listed nearby in Oak Ridges · asking prices
$3.45Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $741/sqft; this home lists at $588/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.50MThis home2.40M3.39M3.50M4.50MThis home vs active comparables

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
$1.50M
Jefferson
$1.41M
Rural Richmond Hill
$1.66M
Westbrook
$1.58M
Mill Pond
$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
$11,385/mo
$474KIncome needed
5.3×Price ÷ income
$2,627Weekly cost
$48,925Land 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.

91%mortgage
Mortgage $11,385Property tax $1,150Total carry $12,535

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)
$11,049per month

Mortgage amount $1,998,400 · 4.49% over 25 years

$499,600Down payment (20.0%)
$1,998,400Loan before insurance
$0CMHC premium
$12,199Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,049
Property tax
$1,150
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,199

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

One-time closing costs

Ontario land transfer tax
$48,925
Estimated closing costs
$48,925

Plus your down payment of $499,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,374/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

$1,316,449Total interest paid
$3,314,849Total of all payments
Principal $1,998,400 Interest $1,316,449
YearPrincipalInterestBalance
1$44,596$87,998$1,953,804
2$46,621$85,973$1,907,184
3$48,737$83,857$1,858,446
4$50,950$81,644$1,807,496
5$53,264$79,330$1,754,232
6$55,682$76,912$1,698,550
7$58,210$74,384$1,640,340
8$60,853$71,741$1,579,487
9$63,616$68,978$1,515,871
10$66,505$66,089$1,449,367
11$69,524$63,070$1,379,842
12$72,681$59,913$1,307,162
13$75,981$56,613$1,231,181
14$79,431$53,163$1,151,750
15$83,037$49,557$1,068,713
16$86,807$45,787$981,906
17$90,749$41,845$891,157
18$94,869$37,725$796,288
19$99,176$33,417$697,112
20$103,679$28,914$593,432
21$108,387$24,207$485,045
22$113,308$19,286$371,737
23$118,453$14,141$253,284
24$123,831$8,763$129,453
25$129,453$3,141$0

At the end of your 5-year term

Total paid over the term
$662,970
Principal paid down
$244,168
Interest paid
$418,802
Balance remaining
$1,754,232

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$7,350/mo
$88,200Gross annual rent
2.5%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.5%
Gross yield
− Property tax $13,800− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,298

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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