74 Regatta Avenue, Richmond Hill, ON
Oak Ridges, Richmond Hill · MLS® N13729040
About this home
Stunningly fully renovated 4 Bedroom, 4 Bathroom home nested in the highly sought-after Oak Ridges community of Richmond Hill, backing directly onto a ravine and park for exceptional privacy and natural beauty, thoughtfully renovated with premium materials and sophisticated open concept layout, this bright and spacious home offers beautifully redesigned family and living spaces that truly set it apart from other homes on the street. the professionally landscaped front and backyard feature mature gardens, a stunning pergola, and a beautiful private waterfall, creating an exceptional outdoor retreat, stone and rick exterior, upgraded finishes throughout and a fully integrated sprinkler system for both front and rear gardens complete the remarkable property , a rare opportunity to own a truly distinctive home where luxury, privacy nature and thoughtful design come together, close to transit, shopping, school and park
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13729040
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 39.37 × 108.37 ft
- Cross streets
- Yonge/King Rd.
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,031 / 2026
- Days on market
- 1
- Listing brokerage
- INTERNATIONAL REALTY FIRM, INC.
Rooms
hardwood floor · pot lights · combined w/living
hardwood floor · pot lights · crown moulding
semi ensuite · large closet
semi ensuite · large closet · balcony
semi ensuite · large closet
hardwood floor · pot lights · gas fireplace
quartz counter · b/i appliances · breakfast area
5 pc ensuite · walk-in closet(s)
Listed at $1,588,000, and my independent estimate is about 8% below comparable homes, worth a close look.
Total price vs nearby homes. Fair value about $1.72M, median of 5 comparables.
The market behind the math:
Price per square foot: this home lists at $577/sqft against an area asking average of $625/sqft. Size and $/sqft both feed the estimate above.
- 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
I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.59M, a close match.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 5 comparable homes nearby.
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 $599/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Oak Ridges, 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 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.
Mortgage amount $1,270,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,849
- Property tax
- $586
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,435
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,235
- Estimated closing costs
- $28,235
Plus your down payment of $317,600. 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
- $410,932
- Principal paid down
- $159,890
- Interest paid
- $251,042
- Balance remaining
- $1,110,510
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 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 INTERNATIONAL REALTY FIRM, INC.. MLS®/PropTx.