88 Cambridge Crescent, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N13751402
About this home
In short
- Distinguished Executive Living In This Beautifully Appointed Residence, Ideally Situated In Richmond Hill's Prestigious South Richvale Community.
- Of Renovated Finished Living Space, This Refined Home, Extensively Remodelled Within The Past 7 Years, Shows True Pride Of Ownership and Presents Impressive Curb Appeal.
- An Enclosed Front Entrance Introduces An Elegant Interior With Smooth Ceilings, Pot Lights, Hardwood Floors, Wainscotting & Large, Modern Tile.
- The Lower Level Is Enhanced By High Ceilings, Large Windows & Pot Lights, Creating A Bright, Versatile Extension Of The Home.
- Outdoors, A Tranquil Backyard Retreat Is Complemented By An Interlock Front Walkway & Meticulously Landscaped Grounds With Manicured Gardens, Mature Trees & Shrubs.
Distinguished Executive Living In This Beautifully Appointed Residence, Ideally Situated In Richmond Hill's Prestigious South Richvale Community. Gracefully Positioned On A No-Sidewalk, Large Principle Lot, With A Picturesque Backdrop Of Mature Trees, Offering An Enviable Sense Of Privacy, Natural Beauty & Serene Surroundings. Showcasing Approximately $230,000+ In Curated Upgrades & Approx. 4,500 Sq. Ft. Of Renovated Finished Living Space, This Refined Home, Extensively Remodelled Within The Past 7 Years, Shows True Pride Of Ownership and Presents Impressive Curb Appeal. An Enclosed Front Entrance Introduces An Elegant Interior With Smooth Ceilings, Pot Lights, Hardwood Floors, Wainscotting & Large, Modern Tile. The Family Room Is Enhanced By Custom Built-In Cabinetry With Glass Shelving. A Chef-Inspired Kitchen Features A Centre Island, Built-In Pantry, Under-Cabinet Lighting & Newer Bosch Appliances (2020). Generous Closet Storage Throughout Complements Well-Proportioned, Functional Bedroom Layouts. The Ensuite Offers A Spa-Inspired Multi-Jet Shower System With Body Sprays. The Lower Level Is Enhanced By High Ceilings, Large Windows & Pot Lights, Creating A Bright, Versatile Extension Of The Home. The Finished Bedroom & Rec Room Feature New Vinyl Flooring (Aug. 2026) & Newly Shelved Closets. A Cold Room/Cantina & Expansive Unfinished Area Provide Ample Additional Storage. Laundry Room & Garage Each Offer Separate Side-Yard Access; Garage Also Features Direct Interior Entry & New Epoxy Flooring (Aug. 2026). Outdoors, A Tranquil Backyard Retreat Is Complemented By An Interlock Front Walkway & Meticulously Landscaped Grounds With Manicured Gardens, Mature Trees & Shrubs. 200-Amp Service, 2024 Heat Pump & Furnace. A Sophisticated Offering Where The Comforts Of Modern Luxury Are Beautifully Balanced With The Privacy, Serenity & Timeless Appeal Of A Picturesque, Treed Setting.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13751402
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 59.06 × 130.96 ft
- Cross streets
- Westwood Lane & Denham Drive
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Other
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,820 / 2026
- Days on market
- 13
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
hardwood floor · b/i shelves · w/o to yard
hardwood floor · pot lights · double closet
hardwood floor · open concept · pot lights
broadloom · pot lights · double closet
tile floor · pot lights
vinyl floor · w/w closet · pot lights
tile floor · pot lights
tile floor · eat-in kitchen · w/o to yard
vinyl floor · 3 pc bath · pot lights
hardwood floor · 5 pc ensuite · walk-in closet(s)
tile floor · centre island · pantry
broadloom · 4 pc ensuite · double closet
hardwood floor · formal rm · overlooks backyard
broadloom · 3 pc ensuite · double closet
Listed at $2,289,000 with no offer date. Homes here have been closing close to ask, so my read is $2.16M, typically $2.12M to $2.21M. Comparable closings on their own put this home around $2.21M, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $2.16M, from 8 recent closings in this pocket.
The market behind the math:
About 6 months of inventory: 16 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $539/sqft against an area asking average of $775/sqft. Size and $/sqft both feed the estimate above.
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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.26M. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Charles Howitt PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 8 comparable homes that sold in South Richvale over the past two years, from 91 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $549/sqft; this home lists at $539/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
South 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) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 10 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,831,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,024
- Property tax
- $985
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,009
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,700
- Estimated closing costs
- $43,700
Plus your down payment of $457,800. 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
- $601,411
- Principal paid down
- $226,414
- Interest paid
- $374,997
- Balance remaining
- $1,604,786
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 11 whole-home leases in South Richvale signed at a median of $6,903 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,162. 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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.