310 Tower Hill Road, Richmond Hill, ON

Jefferson, Richmond Hill · MLS® N13767848

$1,638,000
For Sale
Listed 40 days agoNo offer date stated
5Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Clear Front Park View And Well-Maintained 5-Bedroom & 4-Washroom In High Demand R/H Jefferson Community.
  • 9Ft Ceiling for Main Floor.
  • Hardwood W/ Matching Staircase & Wrought Iron Railing.
  • Huge Master Bedroom With 5Pc Washroom & Large W/I Closets.
  • Steps To Park, School & Plaza.

Clear Front Park View And Well-Maintained 5-Bedroom & 4-Washroom In High Demand R/H Jefferson Community. 9Ft Ceiling for Main Floor. Living Room Facing To The Park. Hardwood W/ Matching Staircase & Wrought Iron Railing. Modern Kitchen W/Granite Counters, Back Splash, Stainless Steels Appliances, Center Island, Moulding & Pot Lights. Huge Master Bedroom With 5Pc Washroom & Large W/I Closets. Newly Paint. Top Ranked School (St. Theresa Chs-AP Program, Richmond Hill HS-Gifted Program, Beynon Field Ps-French Immersion). Steps To Park, School & Plaza.

Key facts

Property type
Detached, 2-Storey
MLS®
N13767848
Bedrooms
5
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
43.86 × 89.7 ft
Cross streets
Bathurst St And Gamble Rd
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,731 / 2025
Days on market
40
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 3Second5.38 × 7.21 m

4 pc ensuite · large window · hardwood floor

Bedroom 2Second4.55 × 4.62 m

4 pc bath · large window · walk-in closet(s)

BreakfastMain4.00 × 2.44 m

w/o to yard · pot lights · tile floor

Bedroom 4Second3.30 × 5.03 m

large closet · large window · hardwood floor

Living RoomMain7.98 × 3.66 m

large window · pot lights · hardwood floor

KitchenMain5.74 × 4.24 m

granite counters · pot lights · pantry

Family RoomMain6.65 × 6.20 m

crown moulding · pot lights · gas fireplace

Bedroom 5Second5.08 × 3.63 m

large closet · large window · hardwood floor

Dining RoomMain3.63 × 4.11 m

coffered ceiling(s) · crown moulding · hardwood floor

Primary BedroomSecond8.28 × 8.48 m

5 pc bath · bay window · walk-in closet(s)

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Jefferson, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$7,465/mo
$308KIncome needed
5.3×Price ÷ income
$1,723Weekly cost
$29,235Land 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 $7,465Property tax $644Total carry $8,110

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,245per month

Mortgage amount $1,310,400 · 4.49% over 25 years

$327,600Down payment (20.0%)
$1,310,400Loan before insurance
$0CMHC premium
$7,890Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,245
Property tax
$644
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,890

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

One-time closing costs

Ontario land transfer tax
$29,235
Estimated closing costs
$29,235

Plus your down payment of $327,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,769/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

$863,228Total interest paid
$2,173,628Total of all payments
Principal $1,310,400 Interest $863,228
YearPrincipalInterestBalance
1$29,243$57,703$1,281,157
2$30,570$56,375$1,250,587
3$31,958$54,987$1,218,629
4$33,409$53,536$1,185,220
5$34,926$52,019$1,150,293
6$36,512$50,433$1,113,781
7$38,170$48,775$1,075,611
8$39,903$47,042$1,035,709
9$41,715$45,230$993,994
10$43,609$43,336$950,385
11$45,589$41,356$904,797
12$47,659$39,287$857,138
13$49,822$37,123$807,316
14$52,085$34,861$755,231
15$54,449$32,496$700,782
16$56,922$30,023$643,860
17$59,506$27,439$584,354
18$62,208$24,737$522,146
19$65,032$21,913$457,113
20$67,985$18,960$389,128
21$71,072$15,873$318,056
22$74,299$12,646$243,757
23$77,672$9,273$166,085
24$81,199$5,746$84,886
25$84,886$2,059$0

At the end of your 5-year term

Total paid over the term
$434,726
Principal paid down
$160,107
Interest paid
$274,619
Balance remaining
$1,150,293

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
Estimate$6,300/mo
$75,600Gross annual rent
3.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.6%
Gross yield
− Property tax $7,731− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,153

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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