60 Oak Avenue, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N13752110
About this home
In short
- Stately Custom Residence Nestled In The Prestigious South Richvale Community.
- Situated On An Extraordinary 45' x 241.5' Deep Lot, The Expansive Grounds Create A Truly Private And Serene Setting, Surrounded By Gorgeous Landscaping And Beautiful...
- Hardwood Flooring Throughout, Soaring Cathedral And Coffered Ceilings, And Refined Finishes Showcase The Quality And Attention To Detail Found Throughout The Home.
- The Gourmet Kitchen Is Designed For Both Everyday Living And Entertaining, Featuring A Huge Centre Island And Premium Italian Marble, Granite & Quartz Countertops.
- A One-Of-A-Kind Solid Concrete Backyard Porch/Terrace Extends The Living Space Outdoors, Overlooking The Beautifully Landscaped Grounds And Offering An Exceptional...
Stately Custom Residence Nestled In The Prestigious South Richvale Community. This Exceptional Home Offers A Rare Combination Of Timeless Elegance, Superior Craftsmanship And Unparalleled Privacy. Situated On An Extraordinary 45' x 241.5' Deep Lot, The Expansive Grounds Create A Truly Private And Serene Setting, Surrounded By Gorgeous Landscaping And Beautiful Interlocking.The Impressive Natural Stone & Concrete Brick Exterior Leads To A Glamorous Grand Entrance With An Elegant Staircase And Exceptional Architectural Details Throughout. Hardwood Flooring Throughout, Soaring Cathedral And Coffered Ceilings, And Refined Finishes Showcase The Quality And Attention To Detail Found Throughout The Home.The Gourmet Kitchen Is Designed For Both Everyday Living And Entertaining, Featuring A Huge Centre Island And Premium Italian Marble, Granite & Quartz Countertops. A One-Of-A-Kind Solid Concrete Backyard Porch/Terrace Extends The Living Space Outdoors, Overlooking The Beautifully Landscaped Grounds And Offering An Exceptional Private Retreat.A Rare Opportunity To Own A Truly Distinguished Custom Residence In One Of South Richvale's Most Sought-After Neighbourhoods, Offering An Extraordinary Deep Lot, Exceptional Privacy, Elegant Finishes And A Serene Estate-Like Setting.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13752110
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 45 × 241.5 ft
- Cross streets
- Yonge St / 16th Ave
- Parking
- 2 garage · 8 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $13,391 / 2025
- Days on market
- 41
- Listing brokerage
- HC REALTY GROUP INC.
Rooms
tile floor · access to garage · granite counters
hardwood floor · coffered ceiling(s) · pot lights
hardwood floor · double closet · semi ensuite
centre island · granite counters · tile floor
hardwood floor · b/i shelves · gas fireplace
hardwood floor · walk-in closet(s) · wainscoting
hardwood floor · double closet · semi ensuite
hardwood floor · walk-in closet(s) · 6 pc ensuite
w/o to porch · open concept · tile floor
laminate · walk-up · modern kitchen
hardwood floor · combined w/living · pot lights
Listed at $2,880,000. Going by how homes in South Richvale and the wider GTA have actually closed against their asking prices (about 96%, 7 local closings in 90 days), the likely sale price is near $2.78M, if it sells. A realistic range is $2.60M to $3.13M.
Independent value check: $2.36M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $2.21M and $2.47M).
Why $2.36M. The typical detached home sold in South Richvale over the past year went for about $2.13M (45 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $13,391 a year; the typical home sold here pays about $10,300.
- ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises it slightly4 bedrooms and 5 baths, against 4+1 and 4 typically.
- ▲ Raises it slightlyIts lot is 45 by 242 ft; the typical lot sold here is 51 by 150.
Total price vs nearby homes. Likely closing about $2.78M, from 7 recent closings in this pocket.
The market behind the math:
About 6.9 months of inventory: 16 detached homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $886/sqft against an area asking average of $833/sqft.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.98M. 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.
- 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
Based on 7 comparable homes that sold in South Richvale over the past two years, from 86 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.36M, which is where my estimate comes from.
Per square foot, these ask about $671/sqft; this home lists at $886/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 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
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) →
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 $2,304,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,739
- Property tax
- $1,116
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,855
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,475
- Estimated closing costs
- $58,475
Plus your down payment of $576,000. 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
- $764,353
- Principal paid down
- $281,506
- Interest paid
- $482,846
- Balance remaining
- $2,022,494
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 South Richvale signed at a median of $5,158 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,840. 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 HC REALTY GROUP INC.. MLS®/PropTx.