101 Ravine Edge Drive, Richmond Hill, ON
Jefferson, Richmond Hill · MLS® N13751610
About this home
In short
- Thoughtfully renovated with over $140,000 in upgrades, this exceptional residence combines modern luxury, comfort, and functionality in a quiet, family-friendly setting.
- At the heart of the home is a beautifully custom-designed kitchen featuring high-end stainless steel appliances, a gas cooktop, abundant cabinetry, and an impressive...
- Engineered hardwood flooring (2023) flows throughout the main level, complemented by custom-crafted stairs, new window blinds, elegant custom drapery, and pot lights...
- The bright and inviting family room is a true showpiece, with dramatic 18-foot ceilings, oversized windows, and a cozy gas fireplace creating an impressive yet...
- A beautifully renovated powder room and fresh paint throughout complete the move-in-ready main level.
Welcome to one of the most desirable streets in **Jefferson Forest**, surrounded by multi-million-dollar homes. Thoughtfully renovated with over **$140,000 in upgrades**, this exceptional residence combines modern luxury, comfort, and functionality in a quiet, family-friendly setting. At the heart of the home is a beautifully custom-designed kitchen featuring high-end stainless steel appliances, a gas cooktop, abundant cabinetry, and an impressive extra-wide waterfall quartz island-perfect for everyday living and entertaining. Engineered hardwood flooring (2023) flows throughout the main level, complemented by custom-crafted stairs, new window blinds, elegant custom drapery, and pot lights throughout the main and upper floors.The bright and inviting family room is a true showpiece, with dramatic **18-foot ceilings**, oversized windows, and a cozy gas fireplace creating an impressive yet comfortable space. A beautifully renovated powder room and fresh paint throughout complete the move-in-ready main level. Upstairs, you'll find four generously sized bedrooms and two fully renovated bathrooms, offering modern finishes and plenty of space for the entire family. With three beautifully updated washrooms in total, every detail has been carefully considered. Step outside to a private backyard backing onto scenic walking trails, offering a peaceful setting for outdoor dining, entertaining, or simply relaxing. The exterior also features professional landscaping, stone front steps (2022), a charming covered porch, a newly paved driveway, a double-car garage, and parking for up to six vehicles. Major updates provide added peace of mind, including the roof (2019, 10-year warranty), furnace (2023), and upgraded 200-amp electrical service. Ideally located just minutes from Yonge Street, public transit, parks, shopping, and highly regarded schools, this beautifully upgraded home offers an exceptional opportunity to live in one of Jefferson Forest's most prestigious communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13751610
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 39.4 × 110 ft
- Cross streets
- Yonge/Jefferson Forest
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,987 / 2025
- Days on market
- 41
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
hardwood floor · fireplace · overlooks backyard
hardwood floor · vaulted ceiling(s) · double closet
hardwood floor · large window · coffered ceiling(s)
hardwood floor · w/o to patio · overlooks backyard
hardwood floor · 5 pc ensuite · walk-in closet(s)
quartz counter · custom backsplash · stainless steel appl
hardwood floor · pot lights · large window
hardwood floor · large window · double closet
hardwood floor · semi ensuite · w/o to balcony
Listed at $1,568,000. Going by how homes in Jefferson and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $1.53M, if it sells. A realistic range is $1.44M to $1.73M.
Independent value check: $1.42M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $1.33M and $1.49M).
Why $1.42M. The typical detached home sold in Jefferson over the past year went for about $1.52M (94 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,987 a year; the typical home sold here pays about $7,500.
- ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $1.53M, from 28 recent closings in this pocket.
The market behind the math:
About 2.6 months of inventory: 24 detached homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $570/sqft against an area asking average of $612/sqft.
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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.42M. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. 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
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($570/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 28 comparable homes that sold in Jefferson over the past two years, from 200 closings there.
For sale
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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 $596/sqft; this home lists at $570/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Jefferson: $1.48M in September 2026, down 7% from a year ago, on 93 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.55M | 9 |
| November 2025 | $1.50M | 7 |
| December 2025 | $1.71M | 6 |
| February 2026 | $1.52M | 7 |
| March 2026 | $1.43M | 7 |
| April 2026 | $1.58M | 5 |
| May 2026 | $1.52M | 15 |
| June 2026 | $1.42M | 9 |
| July 2026 | $1.41M | 7 |
| August 2026 | $1.45M | 7 |
| September 2026 | $1.48M | 14 |
Neighbourhood & location
Jefferson, 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 $1,254,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,936
- Property tax
- $582
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,518
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,835
- Estimated closing costs
- $27,835
Plus your down payment of $313,600. 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
- $416,148
- Principal paid down
- $153,265
- Interest paid
- $262,883
- Balance remaining
- $1,101,135
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 88 whole-home leases in Jefferson signed at a median of $4,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,330. 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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.