17 Maralim Road, Richmond Hill, ON

Crosby, Richmond Hill · MLS® N13764040

$1,360,000
For Sale
Listed 11 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Bright, spacious, and well maintained detached home nestled on a premium 60' x 131' lot in prime Richmond Hill.
  • This property features an open-concept layout, highlighted by a sun-filled living and dining area.
  • The finished basement boasts a separate side entrance, a large recreation room, an additional bedroom, and all above-grade windows-offering incredible potential for...
  • With easy access to Highway 404 and the public library, community centre, this is a perfect choice for both families and investors.

Bright, spacious, and well maintained detached home nestled on a premium 60' x 131' lot in prime Richmond Hill! This property features an open-concept layout, highlighted by a sun-filled living and dining area. The main floor also offers a functional kitchen and three bright, sun-filled bedrooms. The finished basement boasts a separate side entrance, a large recreation room, an additional bedroom, and all above-grade windows-offering incredible potential for rental income or an in-law suite. Enjoy the ultimate convenience of being within walking distance to top-ranked Bayview Secondary School, local restaurants, shopping, and transit. With easy access to Highway 404 and the public library, community centre, this is a perfect choice for both families and investors. A must-see!

Key facts

Property type
Detached, Bungalow
MLS®
N13764040
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1100-1500 sq ft
Lot
60 × 131 ft
Cross streets
Bayview/Centre East
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,210 / 2026
Days on market
11
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenGround3.51 × 3.05 m

ceramic floor · large window

BedroomBasement3.40 × 3.25 m

ceramic floor · 4 pc bath · window

Primary BedroomGround3.40 × 2.90 m

hardwood floor · closet

Bedroom 2Ground3.73 × 3.33 m

hardwood floor · closet

Living RoomGround5.50 × 3.35 m

hardwood floor · large window · west view

Dining RoomGround3.02 × 3.33 m

hardwood floor · large window · west view

Bedroom 3Ground3.40 × 2.64 m

hardwood floor · closet

RecreationBasement8.25 × 3.35 m

ceramic floor · large window · laundry sink

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.09Mautomated estimate, from recent sales

Listed at $1,360,000. Recent sales of homes like it put this one around $1.09M, so the ask is about 25% above what similar homes have sold for.

If it sells at this ask, expect about $1.35M, typically $1.27M to $1.38M: that is where homes here have closed against their asks in the last 90 days (20 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

List price
$1.02MBelow recent closings$1.36MAbove recent closings

Total price vs nearby homes. Fair value about $1.09M, learned from recent GTA sales.

The market behind the math:

20sold nearby · 90 days
$1.03Mmedian sold price
99%of asking, on average
−9%prices vs a year ago
~28 dayshomes like this take to sell
11days on market so far
$3,336/moest. rent · 83 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 5 detached homes for sale in the area against 20 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 $1,046/sqft against an area asking average of $759/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 60 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $985K. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Bayview SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 60 comparable homes that sold in Crosby over the past two years, from 94 closings there.

What sellers nearby are askingCurrently listed nearby in Crosby · asking prices
$1.05Mavg asking

Nothing 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 $1.09M, which is where my estimate comes from.

Per square foot, these ask about $812/sqft; this home lists at $1,046/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.36MThis home1.16M1.06M948kThis home vs active comparables

Neighbourhood & location

Crosby, 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.

Harding
$2.23M
Rouge Woods
$1.62M
Bayview Hill
$2.96M
Devonsleigh
$1.47M
Mill Pond
$1.92M

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) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Walter Scott PS
55%
Walter Scott PSPublic · Elementary · JK-8 · 0.6 km awayBelow the GTA average · 55% meet the provincial standard
Our Lady Queen Of The WorldEQAO results not published
Also nearby: 10 more schools within 2.5 km
Richmond Rose Public School · Public elementary0.7 km · 82% at standard
Our Lady Queen of the World CA High School · Catholic secondary0.8 km · 86% at standard
Crosby Heights Public School · Public elementary0.9 km · 57% at standard
St Joseph Catholic Elementary School · Catholic elementary1.1 km · 75% at standard
Silver Stream Public School · Public elementary1.1 km · 88% at standard
Beverley Acres Public School · Public elementary1.2 km · 92% at standard
Michaelle Jean Public School · Public elementary1.4 km · 91% at standard
Redstone Public School · Public elementary1.9 km · 84% at standard
Bayview Hill Elementary School · Public elementary2.0 km · 88% at standard
O M MacKillop Public School · Public elementary2.4 km · 60% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,198/mo
$256KIncome needed
5.3×Price ÷ income
$1,430Weekly cost
$23,675Land 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.

92%mortgage
Mortgage $6,198Property tax $518Total carry $6,716

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,955per month

Mortgage amount $1,088,000 · 4.39% over 25 years

$272,000Down payment (20.0%)
$1,088,000Loan before insurance
$0CMHC premium
$6,473Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,955
Property tax
$518
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,473

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$23,675
Estimated closing costs
$23,675

Plus your down payment of $272,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,215/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

$698,629Total interest paid
$1,786,629Total of all payments
Principal $1,088,000 Interest $698,629
YearPrincipalInterestBalance
1$24,620$46,845$1,063,380
2$25,713$45,752$1,037,667
3$26,854$44,611$1,010,813
4$28,046$43,419$982,767
5$29,291$42,175$953,477
6$30,590$40,875$922,886
7$31,948$39,517$890,938
8$33,366$38,099$857,572
9$34,847$36,618$822,725
10$36,393$35,072$786,332
11$38,009$33,456$748,323
12$39,696$31,770$708,628
13$41,457$30,008$667,170
14$43,297$28,168$623,873
15$45,219$26,246$578,654
16$47,226$24,239$531,428
17$49,322$22,143$482,106
18$51,511$19,954$430,596
19$53,797$17,668$376,799
20$56,184$15,281$320,614
21$58,678$12,787$261,936
22$61,282$10,183$200,654
23$64,002$7,463$136,652
24$66,843$4,623$69,809
25$69,809$1,656$0

At the end of your 5-year term

Total paid over the term
$357,326
Principal paid down
$134,523
Interest paid
$222,803
Balance remaining
$953,477

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 83 whole-home leases in Crosby$3,336/mo
$40,032Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,082 to $3,786Typical rent range
~18 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 83 whole-home leases in Crosby signed at a median of $3,027 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,336. 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.

2.9%
Gross yield
− Property tax $6,210− Insurance $1,400− Vacancy & upkeep $4,404Net operating income $28,018

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

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