33 kitsilano Crescent, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13773702

$1,257,000
For Sale
Listed 38 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • This is a place where you can enjoy Hillcrest Heights Park and Richvale Athletic Park as if they were your own backyard.
  • Hillcrest Mall, a shopping hub, is within a 5-minute drive.
  • This is a beautiful house with 4 bedrooms and 4 bathrooms.
  • We recently renovated the house.

This is a place where you can enjoy Hillcrest Heights Park and Richvale Athletic Park as if they were your own backyard. Excellent public and Catholic schools are also nearby. Hillcrest Mall, a shopping hub, is within a 5-minute drive. This is a beautiful house with 4 bedrooms and 4 bathrooms. We recently renovated the house. We replaced the kitchen cabinets and appliances with new ones. The spacious dining and living rooms will improve the quality of life. The basement floor was replaced with a new one. Additionally, the backyard deck was replaced with a new one, allowing for a luxurious backyard lifestyle. Excellent Location - Highly Demand Area - Minutes From Parks, Mackenzie Hospital, Library, Schools, Public transit, Hillcrest Mall, grocery stores, Sports Facilities, Community Centre + Close To Yonge street, and Much More To Enjoy!

Key facts

Property type
Detached, 2-Storey
MLS®
N13773702
Bedrooms
4
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
35 × 120 ft
Cross streets
AVENUE / CARRVILLE
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,100 / 2025
Days on market
38
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Living RoomFlat6.53 × 5.16 m

combined w/family · large window · w/o to deck

KitchenFlat3.56 × 4.37 m

modern kitchen · backsplash

Bedroom 3Flat3.29 × 4.02 m

Hardwood Floor

Bedroom 4Second3.06 × 3.26 m

Hardwood Floor

Bedroom 2Second3.00 × 2.71 m

Hardwood Floor

Dining RoomFlat3.70 × 3.13 m

Hardwood Floor

RecreationBasement6.10 × 10.37 m

3 Pc Ensuite

Family RoomFlat6.53 × 5.16 m

combined w/living · large window · w/o to deck

Primary BedroomSecond4.26 × 4.15 m

5 pc ensuite · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.22Mlikely sale price

Listed at $1,257,000. Going by how homes in North Richvale and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $1.22M, if it sells. A realistic range is $1.14M to $1.37M.

Independent value check: $1.03M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $967K and $1.08M).

Why $1.03M. The typical detached home sold in North Richvale over the past year went for about $1.28M (60 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $5,100 a year; the typical home sold here pays about $6,400.
  • ▼ Lowers it1 garage and 3 total parking spaces, against 2 and 5 typically.
List price
$1.14MBelow recent closings$1.37MAbove recent closings

Total price vs nearby homes. Likely closing about $1.22M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$1.30Mmedian sold price
97%of asking, on average
−5%prices vs a year ago
~19 dayshomes like this take to sell
38days on market so far
$3,633/moest. rent · 32 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 13 detached homes for sale in the area against 16 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 $718/sqft against an area asking average of $788/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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $984K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($718/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 16 comparable homes that sold in North Richvale over the past two years, from 147 closings there.

What sellers nearby are askingCurrently listed nearby in North Richvale · asking prices
$1.32Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $757/sqft; this home lists at $718/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.26MThis home1.27M1.25M1.46MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.58M86
November 2025$1.47M77
December 2025$1.68M48
January 2026$1.48M52
February 2026$1.52M57
March 2026$1.49M70
April 2026$1.50M73
May 2026$1.46M114
June 2026$1.50M119
July 2026$1.50M92
August 2026$1.48M80
September 2026$1.44M80

Neighbourhood & location

North Richvale, 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.

South Richvale
$4.06M
Observatory
$2.02M
Mill Pond
$1.56M
Crosby
$2.05M
Bayview Hill
$2.52M

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
$5,729/mo
$235KIncome needed
5.4×Price ÷ income
$1,322Weekly cost
$21,615Land 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.

93%mortgage
Mortgage $5,729Property tax $425Total carry $6,154

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,560per month

Mortgage amount $1,005,600 · 4.49% over 25 years

$251,400Down payment (20.0%)
$1,005,600Loan before insurance
$0CMHC premium
$5,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,560
Property tax
$425
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,985

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

One-time closing costs

Ontario land transfer tax
$21,615
Estimated closing costs
$21,615

Plus your down payment of $251,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,730/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

$662,440Total interest paid
$1,668,040Total of all payments
Principal $1,005,600 Interest $662,440
YearPrincipalInterestBalance
1$22,441$44,281$983,159
2$23,460$43,262$959,700
3$24,525$42,197$935,175
4$25,638$41,083$909,537
5$26,802$39,919$882,734
6$28,019$38,702$854,715
7$29,291$37,430$825,423
8$30,621$36,100$794,802
9$32,012$34,710$762,790
10$33,465$33,256$729,325
11$34,985$31,737$694,340
12$36,573$30,148$657,767
13$38,234$28,488$619,533
14$39,970$26,752$579,564
15$41,784$24,937$537,779
16$43,682$23,040$494,098
17$45,665$21,057$448,433
18$47,738$18,983$400,694
19$49,906$16,816$350,788
20$52,172$14,550$298,617
21$54,541$12,181$244,076
22$57,017$9,705$187,059
23$59,606$7,116$127,453
24$62,312$4,410$65,141
25$65,141$1,580$0

At the end of your 5-year term

Total paid over the term
$333,608
Principal paid down
$122,866
Interest paid
$210,742
Balance remaining
$882,734

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 32 whole-home leases in North Richvale$3,633/mo
$43,596Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,239 to $3,863Typical rent range
~32 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 32 whole-home leases in North Richvale signed at a median of $3,093 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,633. 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.

3.5%
Gross yield
− Property tax $5,100− Insurance $1,400− Vacancy & upkeep $4,796Net operating income $32,300

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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