51 Sanderson Crescent, Richmond Hill, ON
North Richvale, Richmond Hill · MLS® N13732002
About this home
In short
- Backing on to the ravine.
- 4,000 sq. ft. of total living space, including 2,498 sq. ft. above grade per MPAC plus a finished basement, this sun-filled residence features generous principal...
- Enjoy seamless indoor-outdoor living with a private fenced backyard, garden shed, and peaceful views backing on to the ravine.
- The upper level offers four well-sized bedrooms, including a spacious primary retreat with ensuite bath and dressing/closet area.
- The finished basement provides impressive additional living space with a large recreation room, fireplace, extra bedroom or office potential, 3-piece bath, and...
Backing on to the ravine! Discover an exceptional opportunity to own a spacious 4+1 bedroom, 4 bathroom detached two-storey home in the highly sought-after North Richvale community. Offering approx. 4,000 sq. ft. of total living space, including 2,498 sq. ft. above grade per MPAC plus a finished basement, this sun-filled residence features generous principal rooms, a grand curved staircase, bright formal living and dining areas, a cozy family room with fireplace, and a large eat-in kitchen with abundant cabinetry, breakfast area, and walk-out to the rear deck. Enjoy seamless indoor-outdoor living with a private fenced backyard, garden shed, and peaceful views backing on to the ravine. The upper level offers four well-sized bedrooms, including a spacious primary retreat with ensuite bath and dressing/closet area. The finished basement provides impressive additional living space with a large recreation room, fireplace, extra bedroom or office potential, 3-piece bath, and included cabinets/shelving for added storage. Complete with main-floor laundry and close to parks, trails, schools, shopping, transit, and major amenities, a rare combination of space, privacy, nature, and long-term potential in a coveted location. ***Some Listing Photos, Including Exterior Images, Have Been Virtually Staged With Digitally Added Elements For Illustration Purposes. The Property May Appear Different In Person.***
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13732002
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 50 × 120 ft
- Cross streets
- Bathurst St / Carrville Rd
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,680 / 2025
- Days on market
- 48
- Listing brokerage
- EXP REALTY
Rooms
broadloom · open concept · large window
broadloom · fireplace · pot lights
ceramic floor · w/o to deck · picture window
broadloom · b/i closet · overlooks frontyard
broadloom · b/i closet · overlooks backyard
ceramic floor · open concept · backsplash
broadloom · 4 pc ensuite · double closet
broadloom · fireplace · french doors
Broadloom
broadloom · b/i closet · overlooks frontyard
broadloom · fireplace · overlooks backyard
Listed at $1,688,000. Going by how homes in North Richvale and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $1.64M, if it sells. A realistic range is $1.53M to $1.84M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes about 4,000 sq ft, while the size on record is 2000 to 2500 sq ft.
Longer on the market than typical. 48 days on the market against about 28 for homes like it here, and asking 25% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.64M, from 16 recent closings in this pocket.
The market behind the math:
About 1.3 months of inventory: 7 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $750/sqft against an area asking average of $708/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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.31M. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Primary suite: a key comfort and resale feature. 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 ($750/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 16 comparable homes that sold in North Richvale over the past two years, from 147 closings there.
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 $655/sqft; this home lists at $750/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
North Richvale, 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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,350,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,467
- Property tax
- $640
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,107
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,235
- Estimated closing costs
- $30,235
Plus your down payment of $337,600. 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
- $447,996
- Principal paid down
- $164,994
- Interest paid
- $283,002
- Balance remaining
- $1,185,406
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 numbersThe last 16 whole-home leases in North Richvale signed at a median of $3,868 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,940. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.