74 Regatta Avenue, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13729040

$1,588,000
For Sale
Listed 49 days agoNo offer date stated
4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

Stunningly fully renovated 2874 Sqf. 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 sq ft
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
49
Listing brokerage
INTERNATIONAL REALTY FIRM, INC.

Rooms

Dining RoomMain5.28 × 3.83 m

hardwood floor · pot lights · combined w/living

Living RoomMain5.28 × 3.83 m

hardwood floor · pot lights · crown moulding

Bedroom 2Main4.77 × 4.23 m

semi ensuite · large closet

Bedroom 3Main4.77 × 3.80 m

semi ensuite · large closet · balcony

Bedroom 4Main3.90 × 3.77 m

semi ensuite · large closet

Family RoomMain4.47 × 4.31 m

hardwood floor · pot lights · gas fireplace

KitchenMain5.80 × 3.93 m

quartz counter · b/i appliances · breakfast area

Primary BedroomMain5.67 × 5.02 m

5 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.54Mlikely sale price

Listed at $1,588,000. Going by how homes in Oak Ridges and the wider GTA have actually closed against their asking prices (about 97%, 34 local closings in 90 days), the likely sale price is near $1.54M, if it sells. A realistic range is $1.44M to $1.74M.

Independent value check: $1.49M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.40M and $1.56M).

Why $1.49M. The typical detached home sold in Oak Ridges over the past year went for about $1.41M (117 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.44MBelow recent closings$1.74MAbove recent closings

Total price vs nearby homes. Likely closing about $1.54M, from 34 recent closings in this pocket.

The market behind the math:

34sold nearby · 90 days
$1.35Mmedian sold price
98%of asking, on average
−8%prices vs a year ago
~31 dayshomes like this take to sell
49days on market so far
$5,488/moest. rent · 70 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 29 detached homes for sale in the area against 34 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $577/sqft against an area asking average of $618/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 34 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.49M. 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.

  • 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($577/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 34 comparable homes that sold in Oak Ridges over the past two years, from 211 closings there.

Sold price trend

Median sold price for detached homes in Oak Ridges: $1.36M in September 2026, down 5% from a year ago, on 105 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.44M9
December 2025$1.49M8
February 2026$1.47M8
March 2026$1.60M9
April 2026$1.50M6
May 2026$1.34M14
June 2026$1.42M15
July 2026$1.52M14
August 2026$1.36M12
September 2026$1.36M10

Neighbourhood & location

Oak Ridges, 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.

Oak Ridges Lake Wilcox
$1.50M
Jefferson
$1.41M
Rural Richmond Hill
$1.66M
Westbrook
$1.58M
Mill Pond
$1.56M

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
$7,238/mo
$297KIncome needed
5.3×Price ÷ income
$1,670Weekly cost
$28,235Land 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 $7,238Property tax $586Total carry $7,823

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)
$7,024per month

Mortgage amount $1,270,400 · 4.49% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$7,610Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,024
Property tax
$586
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,610

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

6.49%Qualifying rate
$8,502/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

$836,878Total interest paid
$2,107,278Total of all payments
Principal $1,270,400 Interest $836,878
YearPrincipalInterestBalance
1$28,350$55,941$1,242,050
2$29,637$54,654$1,212,413
3$30,983$53,308$1,181,430
4$32,390$51,902$1,149,041
5$33,860$50,431$1,115,181
6$35,398$48,894$1,079,783
7$37,005$47,286$1,042,778
8$38,685$45,606$1,004,094
9$40,441$43,850$963,652
10$42,277$42,014$921,375
11$44,197$40,094$877,178
12$46,204$38,087$830,974
13$48,302$35,989$782,672
14$50,495$33,796$732,178
15$52,787$31,504$679,390
16$55,184$29,107$624,206
17$57,690$26,601$566,516
18$60,309$23,982$506,207
19$63,047$21,244$443,160
20$65,910$18,381$377,250
21$68,903$15,389$308,347
22$72,031$12,260$236,317
23$75,301$8,990$161,015
24$78,720$5,571$82,295
25$82,295$1,996$0

At the end of your 5-year term

Total paid over the term
$421,456
Principal paid down
$155,219
Interest paid
$266,236
Balance remaining
$1,115,181

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
From 70 whole-home leases in Oak Ridges$5,488/mo
$65,856Gross annual rent
3.2%Cap rate after taxes and upkeep
$4,929 to $5,763Typical rent range
~38 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 70 whole-home leases in Oak Ridges signed at a median of $5,382 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,488. 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.

4.1%
Gross yield
− Property tax $7,031− Insurance $1,400− Vacancy & upkeep $7,244Net operating income $50,181

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

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