37 RAVINE EDGE Drive, Richmond Hill, ON
Jefferson, Richmond Hill · MLS® N13687408
About this home
In short
- Welcome to 37 Ravine Edge Drive, a beautifully renovated home in Richmond Hill's prestigiousJefferson Forest community.
- This property offers exceptional curb appeal with professionally landscaped grounds from front to back, highlighted by a stunning 8-foot high-end front entrance door...
- Every washroom in the home has been fully renovated with spa-inspired details, while the staircase and flooring have also been completely redone to reflect a clean...
- A fully finished basement featuring a beautiful bathroom with floor to ceiling glass shower, a bar area with built in cabinetry, bar fridge and large center island...
- Perfectly located near top-ranked schools, parks, trails, shopping, and major highways, 37 Ravine Edge Drive is a move-in-ready home that blends modern upgrades with...
Welcome to 37 Ravine Edge Drive, a beautifully renovated home in Richmond Hill's prestigiousJefferson Forest community. This property offers exceptional curb appeal with professionally landscaped grounds from front to back, highlighted by a stunning 8-foot high-end front entrance door that sets the tone for the elegance within. Inside, the home has been fully updated with a modern, open layout featuring nine-foot ceilings, pot lights, and crown molding throughout. The main living area is anchored by a custom built-in TV wall unit, creating a sleek focal point for family gatherings. The beautifully updated kitchen is designed for both style and function, with contemporary finishes, elegant backsplash, gorgeous porcelain tile flooring, stainless steel appliances and ample space for entertaining. Every washroom in the home has been fully renovated with spa-inspired details, while the staircase and flooring have also been completely redone to reflect a clean, modern aesthetic. The upper level provides spacious bedrooms and tastefully finished bathrooms, offering comfort and luxury for the entire family. A fully finished basement featuring a beautiful bathroom with floor to ceiling glass shower, a bar area with built in cabinetry, bar fridge and large center island perfect for entertaining guests, adds valuable living space, ideal for a recreation room, home office, gym, or guest suite.The backyard is a private retreat with professional landscaping, manicured mature trees and shrubs and maintenance free grass turf in the rear yard that complements the home's interior elegance, creating an inviting space for outdoor entertaining. Perfectly located near top-ranked schools, parks, trails, shopping, and major highways, 37 Ravine Edge Drive is a move-in-ready home that blends modern upgrades with timeless design.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13687408
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 41.37 × 110.01 ft
- Cross streets
- Yonge St and Jefferson Forest Dr
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,496 / 2025
- Days on market
- 62
- Listing brokerage
- NEST SEEKERS INTERNATIONAL REAL ESTATE
Rooms
stainless steel appl · porcelain floor · breakfast area
hardwood floor · crown moulding · wood trim
hardwood floor · crown moulding · wood trim
hardwood floor · wainscoting · crown moulding
hardwood floor · crown moulding · 5 pc ensuite
gas fireplace · pot lights · hardwood floor
hardwood floor · crown moulding · wood trim
hardwood floor · wainscoting · crown moulding
walk-out · porcelain floor · combined w/kitchen
hardwood floor · vaulted ceiling(s)
quartz counter · centre island · backsplash
Listed at $1,799,000. 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 $1.76M, if it sells. A realistic range is $1.65M to $1.98M.
Independent value check: $1.56M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.46M and $1.64M).
Why $1.56M. 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 slightlyThe listing describes it as fully renovated or newly built.
Longer on the market than typical. 62 days on the market against about 29 for homes like it here, and asking 15% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.76M, from 28 recent closings in this pocket.
The market behind the math:
About 3.6 months of inventory: 34 detached homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $654/sqft against an area asking average of $602/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 $1.53M. Condition and finishes remain an in-person call.
What the listing highlights4 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
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Based on 28 comparable homes that sold in Jefferson over the past two years, from 200 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $576/sqft; this home lists at $654/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 Jefferson: $1.48M in September 2026, down 7% from a year ago, on 93 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.55M | 9 |
| November 2025 | $1.50M | 7 |
| December 2025 | $1.71M | 6 |
| February 2026 | $1.52M | 7 |
| March 2026 | $1.43M | 7 |
| April 2026 | $1.58M | 5 |
| May 2026 | $1.52M | 15 |
| June 2026 | $1.42M | 9 |
| July 2026 | $1.41M | 7 |
| August 2026 | $1.45M | 7 |
| September 2026 | $1.48M | 14 |
Neighbourhood & location
Jefferson, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $1,439,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,958
- Property tax
- $625
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,582
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,455
- Estimated closing costs
- $32,455
Plus your down payment of $359,800. 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
- $477,455
- Principal paid down
- $175,844
- Interest paid
- $301,611
- Balance remaining
- $1,263,356
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
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 88 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 $4,425. 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 NEST SEEKERS INTERNATIONAL REAL ESTATE. MLS®/PropTx.