3 Lisa Brown Court, Richmond Hill, ON

Jefferson, Richmond Hill · MLS® N13769548

$1,699,000
For Sale
Listed 39 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome To This Gorgeous Executive Family Home Situated On A Premium 6,856 Sq.
  • Featuring A Bright Open Concept Layout With 9' Ceilings On The Main Floor And Abundant Natural Light Throughout.
  • Renovated Kitchen With Quartz Countertops, Stainless Steel Appliances, Gas Stove And Spacious Breakfast Area With Walk-Out To The Deck.
  • The Primary Bedroom Offers A Walk-In Closet And 4-Piece Ensuite.
  • Professionally Finished Walk-Up Basement With Separate Entrance Features A Bright 2-Bedroom Suite Complete With Renovated Kitchen, 3-Piece Bathroom, Laminate...

Welcome To This Gorgeous Executive Family Home Situated On A Premium 6,856 Sq.Ft. Lot On A Quiet Court In One Of Richmond Hill's Most Desirable Neighbourhoods. Featuring A Bright Open Concept Layout With 9' Ceilings On The Main Floor And Abundant Natural Light Throughout. Elegant Living & Dining Rooms With Walk-Out To The Front Porch. Renovated Kitchen With Quartz Countertops, Stainless Steel Appliances, Gas Stove And Spacious Breakfast Area With Walk-Out To The Deck. The Primary Bedroom Offers A Walk-In Closet And 4-Piece Ensuite. Professionally Finished Walk-Up Basement With Separate Entrance Features A Bright 2-Bedroom Suite Complete With Renovated Kitchen, 3-Piece Bathroom, Laminate Flooring, Pot Lights, Separate Laundry, Large Recreation Room, And Walk-Up To The Private Fenced Backyard-Ideal For Extended Family Or Multi-Generational Living. Enjoy The Beautifully Landscaped Backyard With Patio, Deck, Pergolas And Mature Greenery, Perfect For Outdoor Entertaining. Conveniently Located Close To Top-Rated Schools, Parks, Child Care Centres, Tennis & Basketball Courts, Golf & Country Clubs, Shopping, Banks, Restaurants, Public Transit And All Amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13769548
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
55.35 × 122.67 ft
Cross streets
Yonge St. & Tower Hill Rd.
Parking
2 garage · 6 parking (attached)
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,576 / 2025
Days on market
39
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Primary BedroomSecond5.80 × 3.98 m

walk-in closet(s) · 4 pc ensuite · hardwood floor

Bedroom 4Second4.05 × 6.68 m

walk-in closet(s) · large window · hardwood floor

BedroomBasement5.12 × 2.77 m

pot lights · laminate

Dining RoomBasement5.10 × 4.63 m

combined w/living · pot lights · laminate

Living RoomBasement5.10 × 4.63 m

combined w/dining · pot lights · laminate

Family RoomMain5.18 × 3.36 m

fireplace · pot lights · hardwood floor

KitchenBasement3.65 × 3.38 m

stainless steel appl · pot lights · tile floor

Bedroom 2Second4.28 × 3.92 m

walk-in closet(s) · large window · hardwood floor

Dining RoomMain6.29 × 5.86 m

combined w/living · w/o to porch · hardwood floor

Bedroom 3Second4.58 × 4.58 m

double closet · large window · hardwood floor

Bedroom 2Basement3.46 × 2.50 m

window · pot lights · laminate

KitchenMain4.08 × 2.82 m

stainless steel appl · pot lights · tile floor

BreakfastMain3.36 × 3.06 m

w/o to patio · pot lights · tile floor

Living RoomMain6.30 × 5.86 m

combined w/dining · overlooks frontyard · hardwood floor

BreakfastBasement3.66 × 3.38 m

combined w/kitchen · pot lights · tile floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.66Mlikely sale price

Listed at $1,699,000. 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 $1.66M, if it sells. A realistic range is $1.56M to $1.87M.

Independent value check: $1.43M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.34M and $1.50M).

Why $1.43M. The typical detached home sold in Jefferson over the past year went for about $1.52M (94 sales). What sets this one apart:

  • ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
List price
$1.56MBelow recent closings$1.87MAbove recent closings

Total price vs nearby homes. Likely closing about $1.66M, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$1.49Mmedian sold price
99%of asking, on average
−12%prices vs a year ago
~20 dayshomes like this take to sell
39days on market so far
$4,166/moest. rent · 95 leases
2.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 25 detached homes for sale in the area against 28 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 $755/sqft against an area asking average of $623/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Jefferson: 32 of the 182 detached leases here lately were basement units, around $1,925 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
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 $1.46M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 28 comparable homes that sold in Jefferson over the past two years, from 200 closings there.

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.55M9
November 2025$1.50M7
December 2025$1.71M6
February 2026$1.52M7
March 2026$1.43M7
April 2026$1.58M5
May 2026$1.52M15
June 2026$1.42M9
July 2026$1.41M7
August 2026$1.45M7
September 2026$1.48M14

Neighbourhood & location

Jefferson, 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.

Westbrook
$1.58M
Oak Ridges
$1.45M
Rural Richmond Hill
$1.66M
Mill Pond
$1.56M
Oak Ridges Lake Wilcox
$1.50M

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

Affordability
$7,743/mo
$318KIncome needed
5.3×Price ÷ income
$1,787Weekly cost
$30,455Land 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 $7,743Property tax $631Total carry $8,375

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)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,147Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Property tax
$631
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,147

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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 95 whole-home leases in Jefferson$4,166/mo
$49,992Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,832 to $4,441Typical rent range
~28 daysTo find a tenant, on average

The suite is real income here: basements rent in Jefferson (32 of 182 recent detached leases were basement units, around $1,925 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,925 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 95 whole-home leases in Jefferson signed at a median of $4,424 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,166. 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 $7,576− Insurance $1,400− Vacancy & upkeep $5,499Net operating income $35,517

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

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