32 Princeton Avenue, Richmond Hill, ON

Rouge Woods, Richmond Hill · MLS® N13715390

$2,250,000
For Sale
Listed 54 days agoNo offer date stated
5Bedrooms
5Bathrooms
3Garage · 7 parking
3000-3500Sq ft

About this home

In short

  • An Absolute Rare & Spectacular Corner Ravine & Pond Lot, Featuring A Massive 65' Front., 3Car Garage, Natural Stone Ext., & Outstanding Curb Appeal. $$$$ Spent On...
  • 3,025 SF Above Grade & 1,361 SF Finished Basement.
  • Main Floor w/ 10' Ceiling, Elegant Crown Moulding, Coffered Ceilings, Wainscoting, Pot Lights, Maple Hardwood Floor, 2'X4' Porcelain Tiles & Striking Upgraded Front Door.
  • The Beautifully Renovated Kitchen Features Large Centre Island w/ Natural Stone Countertop, Solid-Wood Cabinetry, Quartz Countertop & Backsplash, JennAir Appliances...
  • The Primary Suite Features A Luxurious 5-Piece Ensuite w/ Jacuzzi Tub.

An Absolute Rare & Spectacular Corner Ravine & Pond Lot, Featuring A Massive 65' Front., 3Car Garage, Natural Stone Ext., & Outstanding Curb Appeal. $$$$ Spent On Premium Upgrades & Renovations. The Original-Owner Residence Enjoys An Added Privacy From The Rear And West Side, With Apprx. 4,386 SF Total Living Space, Incl. 3,025 SF Above Grade & 1,361 SF Finished Basement. Main Floor w/ 10' Ceiling, Elegant Crown Moulding, Coffered Ceilings, Wainscoting, Pot Lights, Maple Hardwood Floor, 2'X4' Porcelain Tiles & Striking Upgraded Front Door. The Spacious Living Room Includes A Gas Fireplace w/ Stunning Book-Matched Quartz Slabs. A Formal Dining Room & Family Room w/ Gas Fireplace & Custom Millwork TV Unit. The Beautifully Renovated Kitchen Features Large Centre Island w/ Natural Stone Countertop, Solid-Wood Cabinetry, Quartz Countertop & Backsplash, JennAir Appliances, incl. Gas Cooktop & Oven/Microwave Combo. The Bright Breakfast Area Is Surrounded By Windows w/ California Shutters & Views Of The Spectacular Backyard. The 2nd Floor Offers 4 Spacious Bedrooms w/ Closet Organizers, A Separate Private Office That Can Also Serve As 5th Bedroom & Three Bathrooms. The Primary Suite Features A Luxurious 5-Piece Ensuite w/ Jacuzzi Tub. Finished Basement Adds Substantial Living And Entertaining Space w/ Large Recreation Room, Wet Bar, Bathroom, Cold Room & Tons Of Storage Areas-Ideal For Gatherings, Entertaining, Or Recreation. The Fully Transformed Backyard Is An Entertainer's Dream, Featuring Extensive Interlocking, Large Patio, Gazebo, Fire Pit & Complete Outdoor built-in Kitchen w/ Pizza Oven, New Kamado Joe Charcoal Grill, Gas BBQ & Cooktop & Sink. The Rare Full-Size 3-Car Garage Features Epoxy Flooring, Built-In Shelving & EV Charger. A Spacious Laundry Room w/ Custom Closet Organizers & Washer/Dryer. Smart-Home Features Include Security System, Cameras, Sensors, Whole-Home Internet Wiring w/ Access Points, Built-In Speakers & Smart Garage Door Controls & Ext. Lights.

Key facts

Property type
Detached, 2-Storey
MLS®
N13715390
Bedrooms
5
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
65.03 × 110.8 ft
Cross streets
Leslie & Elgin Mills
Parking
3 garage · 7 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,311 / 2026
Days on market
54
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE

Rooms

Bedroom 2Second4.22 × 3.52 m

hardwood floor · b/i closet

OfficeSecond3.35 × 3.13 m

hardwood floor · b/i closet

Primary BedroomSecond7.08 × 6.23 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Living RoomGround4.37 × 3.33 m

hardwood floor · fireplace

Bedroom 3Second4.22 × 3.39 m

hardwood floor · b/i closet

BedroomSecond3.83 × 3.72 m

hardwood floor · ensuite bath · walk-in closet(s)

Dining RoomGround3.51 × 4.24 m

Hardwood Floor

Family RoomGround4.67 × 3.33 m

Hardwood Floor

KitchenGround6.78 × 5.56 m

porcelain floor · centre island

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

Neighbourhood & location

Rouge Woods, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Crosby
$1.92M
Bayview Hill
$2.52M
Observatory
$2.02M
Rural Richmond Hill
$1.66M
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
$10,255/mo
$417KIncome needed
5.4×Price ÷ income
$2,366Weekly cost
$42,725Land 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 $10,255Property tax $776Total carry $11,031

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,953per month

Mortgage amount $1,800,000 · 4.49% over 25 years

$450,000Down payment (20.0%)
$1,800,000Loan before insurance
$0CMHC premium
$10,728Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,953
Property tax
$776
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,728

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

One-time closing costs

Ontario land transfer tax
$42,725
Estimated closing costs
$42,725

Plus your down payment of $450,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,046/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

$1,185,753Total interest paid
$2,985,753Total of all payments
Principal $1,800,000 Interest $1,185,753
YearPrincipalInterestBalance
1$40,168$79,262$1,759,832
2$41,992$77,438$1,717,840
3$43,899$75,531$1,673,941
4$45,892$73,538$1,628,049
5$47,976$71,454$1,580,073
6$50,154$69,276$1,529,919
7$52,431$66,999$1,477,488
8$54,812$64,618$1,422,677
9$57,300$62,130$1,365,376
10$59,902$59,528$1,305,474
11$62,622$56,808$1,242,852
12$65,465$53,965$1,177,387
13$68,437$50,993$1,108,950
14$71,545$47,885$1,037,405
15$74,793$44,637$962,612
16$78,189$41,241$884,423
17$81,739$37,691$802,684
18$85,450$33,980$717,233
19$89,330$30,100$627,903
20$93,386$26,044$534,517
21$97,626$21,804$436,890
22$102,059$17,371$334,831
23$106,693$12,737$228,139
24$111,537$7,893$116,601
25$116,601$2,829$0

At the end of your 5-year term

Total paid over the term
$597,151
Principal paid down
$219,927
Interest paid
$377,224
Balance remaining
$1,580,073

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$6,300/mo
$75,600Gross annual rent
2.5%Cap rate after taxes and upkeep

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.

3.4%
Gross yield
− Property tax $9,311− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,573

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.

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