5 Silk Court, Richmond Hill, ON
Langstaff, Richmond Hill · MLS® N13720896
About this home
In short
- Welcome To This Exceptional Chiavatti-Built Family Home In Richmond Hill's Sought-After Langstaff Community.
- The Sun-Filled Open-Concept Living And Dining Areas Feature An Enlarged Picture Window And Custom Built-In Cabinetry, Creating A Bright And Inviting Setting For...
- The Primary Bedroom And Ensuite Were Also Beautifully Renovated, Complete With A Smart Toilet, While All Upper-Level Windows Were Replaced In 2020.
- A Widened Rear Entrance With Tempered Safety Glass Opens To A Private Backyard With New Interlocking Completed In 2024.
- Minutes To Shopping, Parks, Schools, Transit, Hwy 7, Hwy 407 And Everyday Amenities.
Welcome To This Exceptional Chiavatti-Built Family Home In Richmond Hill's Sought-After Langstaff Community. Set On A Generous 50.9 X 117.3 Ft Lot, This Elegant Residence Welcomes You With A Grand Skylit Foyer, Circular Staircase, 9-Ft Main-Floor Ceilings, A Private Library And Two Gas Fireplaces. The Sun-Filled Open-Concept Living And Dining Areas Feature An Enlarged Picture Window And Custom Built-In Cabinetry, Creating A Bright And Inviting Setting For Entertaining. Over $200,000 Was Invested In A Complete Main-Floor Transformation In 2020, Highlighted By A Beautifully Redesigned Kitchen With Café Refrigerator And Cooktop Plus A Fotile Range Hood (2024), A Stylish Powder Room, Updated Flooring, Pot Lights, Enlarged Windows, Custom Window Coverings And A Refreshed Staircase. The Primary Bedroom And Ensuite Were Also Beautifully Renovated, Complete With A Smart Toilet, While All Upper-Level Windows Were Replaced In 2020. A Widened Rear Entrance With Tempered Safety Glass Opens To A Private Backyard With New Interlocking Completed In 2024. The Finished Walk-Up Basement Offers Direct Outdoor Access, Two Additional Rooms, A Bathroom, Kitchen And Separate Laundry-Ideal For Extended Family, Guests Or Flexible Living. Additional Updates Include Garage Door (2020), Furnace, A/C And Central Humidifier (2017), Upgraded Insulation (2019), Roof (2015), Front Entrance Door (2017), LG Washer With SideKick Pedestal Washer And Dryer, And Central Vacuum. Minutes To Shopping, Parks, Schools, Transit, Hwy 7, Hwy 407 And Everyday Amenities. Some photos is virtual staged
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13720896
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 50.9 × 117.3 ft
- Cross streets
- Yonge St & 16th Ave
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Available
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,753 / 2025
- Days on market
- 52
- Listing brokerage
- DREAM HOME REALTY INC.
Rooms
large window · large closet
combined w/kitchen · walk-up · open concept
4 pc ensuite · large closet
separate room · pot lights
centre island · b/i appliances
Above Grade Window
large window · large closet
Above Grade Window
6 pc ensuite · b/i shelves
Combined w/Great Rm
combined w/dining · large window · pot lights
gas fireplace · pot lights
combined w/living · open concept · pot lights
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
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 $711/sqft; this home lists at $732/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Langstaff, Richmond Hill, ON
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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.
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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 $1,904,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,528
- Property tax
- $896
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,424
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $45,975
- Estimated closing costs
- $45,975
Plus your down payment of $476,000. 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
- $631,653
- Principal paid down
- $232,634
- Interest paid
- $399,019
- Balance remaining
- $1,671,366
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of DREAM HOME REALTY INC.. MLS®/PropTx.