16 Sanderson Crescent, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13691618

$3,488,000
For Sale
Listed 61 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
6Bathrooms
3Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • A masterpiece of modern luxury on an impressive 87.56-foot frontage.
  • This exceptional custom-built residence is designed to impress with soaring 11-foot ceilings on the main level, 10-foot ceilings upstairs, dramatic floor-to-ceiling...
  • Thoughtfully designed for both elegant entertaining and everyday living, it features a private home office, an elevator servicing all levels, an elegant red oak...
  • Offering four generous bedrooms, each with its own ensuite, including a luxurious primary retreat, plus a spectacular walkout lower level with a recreation area, wet...
  • Ideally located on a quiet street in one of Richmond Hill's most desirable neighbourhoods, close to top-rated schools, parks, shopping, restaurants, major highways...

*A masterpiece of modern luxury on an impressive 87.56-foot frontage! This exceptional custom-built residence is designed to impress with soaring 11-foot ceilings on the main level, 10-foot ceilings upstairs, dramatic floor-to-ceiling windows, expansive glass doors, and multiple skylights that fill the home with natural light. Thoughtfully designed for both elegant entertaining and everyday living, it features a private home office, an elevator servicing all levels, an elegant red oak staircase with glass railings, built-in speakers, automatic blinds, and premium finishes throughout. The chef-inspired kitchen is equipped with quartz countertops, custom cabinetry, and top-of-the-line Miele and Fisher & Paykel appliances, flowing seamlessly into the spacious family room. Offering four generous bedrooms, each with its own ensuite, including a luxurious primary retreat, plus a spectacular walkout lower level with a recreation area, wet bar, guest suite, and radiant heated floors. The professionally landscaped exterior features a heated front porch and entry stairs, a three-car garage, and exceptional curb appeal. Ideally located on a quiet street in one of Richmond Hill's most desirable neighbourhoods, close to top-rated schools, parks, shopping, restaurants, major highways, and transit. A rare opportunity to own a truly exceptional luxury home where sophisticated design, comfort, and convenience come together. ***approx sqft 3500-5000

Key facts

Property type
Detached, 2-Storey
MLS®
N13691618
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
87.56 × 107 ft
Cross streets
Bathurst & Carville
Parking
3 garage · 8 parking (built-in)
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$13,880 / 2026
Days on market
61
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Living RoomMain8.53 × 4.93 m

gas fireplace · large window · combined w/dining

LaundrySecond0.91 × 0.88 m

Tile Floor

Bedroom 4Second4.60 × 4.14 m

large window · walk-in closet(s) · 3 pc ensuite

RecreationBasement11.27 × 7.62 m

wet bar · fireplace · heated floor

Primary BedroomSecond5.82 × 4.57 m

fireplace · walk-in closet(s) · 6 pc ensuite

Family RoomMain6.73 × 6.21 m

gas fireplace · large window · w/o to deck

Bedroom 3Second4.75 × 4.10 m

large window · walk-in closet(s) · 3 pc ensuite

LibraryMain5.05 × 3.35 m

Large Window

Dining RoomMain8.53 × 4.93 m

b/i shelves · large window · combined w/dining

KitchenMain5.27 × 4.20 m

b/i appliances · centre island · modern kitchen

Bedroom 5Basement3.35 × 3.16 m

heated floor · closet · window

LaundryBasement3.23 × 2.31 m

Heated Floor

FoyerMain2.74 × 2.34 m

heated floor · b/i closet · tile floor

Bedroom 2Second4.26 × 3.65 m

large window · walk-in closet(s) · 4 pc ensuite

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 North Richvale · asking prices
$4.02Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $837/sqft; this home lists at $821/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
3.49MThis home3.64M3.75M4.29M4.40MThis home vs active comparables

Neighbourhood & location

North Richvale, 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.

South Richvale
$4.06M
Mill Pond
$1.45M
Observatory
$2.02M
Crosby
$1.92M
Bayview Hill
$2.52M

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
$15,897/mo
$643KIncome needed
5.4×Price ÷ income
$3,669Weekly cost
$73,675Land 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 $15,897Property tax $1,157Total carry $17,054

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)
$15,429per month

Mortgage amount $2,790,400 · 4.49% over 25 years

$697,600Down payment (20.0%)
$2,790,400Loan before insurance
$0CMHC premium
$16,585Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,429
Property tax
$1,157
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,585

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

One-time closing costs

Ontario land transfer tax
$73,675
Estimated closing costs
$73,675

Plus your down payment of $697,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,674/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

$1,838,180Total interest paid
$4,628,580Total of all payments
Principal $2,790,400 Interest $1,838,180
YearPrincipalInterestBalance
1$62,270$122,873$2,728,130
2$65,097$120,046$2,663,033
3$68,053$117,090$2,594,980
4$71,143$114,001$2,523,837
5$74,373$110,770$2,449,465
6$77,750$107,394$2,371,715
7$81,280$103,863$2,290,435
8$84,970$100,173$2,205,465
9$88,828$96,315$2,116,637
10$92,861$92,282$2,023,775
11$97,078$88,066$1,926,698
12$101,485$83,658$1,825,212
13$106,093$79,050$1,719,119
14$110,910$74,233$1,608,209
15$115,946$69,197$1,492,263
16$121,210$63,933$1,371,052
17$126,714$58,429$1,244,338
18$132,467$52,676$1,111,871
19$138,482$46,661$973,389
20$144,769$40,374$828,620
21$151,343$33,801$677,277
22$158,214$26,929$519,063
23$165,398$19,746$353,665
24$172,907$12,236$180,758
25$180,758$4,385$0

At the end of your 5-year term

Total paid over the term
$925,716
Principal paid down
$340,935
Interest paid
$584,781
Balance remaining
$2,449,465

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
1.8%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.

2.5%
Gross yield
− Property tax $13,880− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,219

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

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