80 Elm Grove Avenue, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13775416

$2,600,000
For Sale
Listed 38 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • Welcome to this stunning custom-built 4-bedroom home in the highly sought-after Oak Ridges community, thoughtfully designed with elevated finishes and exceptional...
  • The main floor boasts impressive 10 ft ceilings, creating a bright and airy atmosphere, complemented by rich hardwood flooring and built-in speakers for seamless...
  • The chef's kitchen is equipped with a built-in oven and microwave, oversized fridge, and a functional servery complete with a sink and wine fridge-perfect for hosting.
  • Upstairs, enjoy 9 ft ceilings and a well-designed layout featuring a spacious primary suite with his and hers closets and a luxurious 6-piece ensuite.

Welcome to this stunning custom-built 4-bedroom home in the highly sought-after Oak Ridges community, thoughtfully designed with elevated finishes and exceptional attention to detail throughout. The main floor boasts impressive 10 ft ceilings, creating a bright and airy atmosphere, complemented by rich hardwood flooring and built-in speakers for seamless entertaining. The chef's kitchen is equipped with a built-in oven and microwave, oversized fridge, and a functional servery complete with a sink and wine fridge-perfect for hosting. Upstairs, enjoy 9 ft ceilings and a well-designed layout featuring a spacious primary suite with his and hers closets and a luxurious 6-piece ensuite. A convenient second-floor laundry room with sink adds everyday practicality. Step outside to a fully fenced, spacious backyard with a shed and a beautifully screened-in patio-ideal for relaxing or entertaining. Additional highlights include two gas fireplaces, blinds throughout, and a distinctive copper roof that adds timeless curb appeal. A rare opportunity to own a thoughtfully designed home in one of Oak Ridges most desirable neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13775416
Bedrooms
4
Bathrooms
4 (1 half)
Size
3500-5000 sq ft
Lot
50.4 × 203.61 ft
Cross streets
Yonge St& King Rd
Parking
2 garage · 8 parking (attached)
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,435 / 2026
Days on market
38
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Family RoomMain5.33 × 4.57 m

hardwood floor · gas fireplace · built-in speakers

LaundrySecond2.13 × 2.73 m

tile floor · laundry sink · closet organizers

Bedroom 3Second4.06 × 3.66 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

Primary BedroomSecond5.71 × 4.27 m

hardwood floor · 5 pc ensuite · his and hers closets

Bedroom 2Second3.66 × 3.66 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

KitchenMain5.89 × 4.95 m

tile floor · stainless steel appl · breakfast area

Bedroom 4Second5.11 × 4.27 m

hardwood floor · 3 pc ensuite · window

Dining RoomMain4.88 × 4.06 m

hardwood floor · window

StudyMain4.17 × 2.64 m

hardwood floor · b/i shelves · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Oak Ridges · asking prices
$2.61Mavg 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 $614/sqft; this home lists at $612/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.60MThis home2.45M2.69M2.70MThis home vs active comparables

Neighbourhood & location

Oak Ridges, 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.

Oak Ridges Lake Wilcox
$1.50M
Jefferson
$1.40M
Rural Richmond Hill
$1.66M
Westbrook
$1.58M
Mill Pond
$1.47M

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
$11,850/mo
$487KIncome needed
5.3×Price ÷ income
$2,735Weekly cost
$51,475Land 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 $11,850Property tax $1,036Total carry $12,886

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)
$11,501per month

Mortgage amount $2,080,000 · 4.49% over 25 years

$520,000Down payment (20.0%)
$2,080,000Loan before insurance
$0CMHC premium
$12,537Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,501
Property tax
$1,036
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,537

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

One-time closing costs

Ontario land transfer tax
$51,475
Estimated closing costs
$51,475

Plus your down payment of $520,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,920/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

$1,370,203Total interest paid
$3,450,203Total of all payments
Principal $2,080,000 Interest $1,370,203
YearPrincipalInterestBalance
1$46,417$91,591$2,033,583
2$48,524$89,484$1,985,059
3$50,727$87,281$1,934,332
4$53,031$84,977$1,881,301
5$55,438$82,570$1,825,862
6$57,956$80,053$1,767,907
7$60,587$77,421$1,707,320
8$63,338$74,670$1,643,982
9$66,214$71,794$1,577,768
10$69,220$68,788$1,508,548
11$72,363$65,645$1,436,185
12$75,649$62,360$1,360,537
13$79,083$58,925$1,281,453
14$82,674$55,334$1,198,779
15$86,428$51,580$1,112,352
16$90,352$47,656$1,022,000
17$94,454$43,554$927,546
18$98,743$39,265$828,803
19$103,226$34,782$725,577
20$107,913$30,095$617,664
21$112,813$25,195$504,851
22$117,935$20,073$386,916
23$123,290$14,719$263,627
24$128,887$9,121$134,739
25$134,739$3,269$0

At the end of your 5-year term

Total paid over the term
$690,041
Principal paid down
$254,138
Interest paid
$435,903
Balance remaining
$1,825,862

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$7,350/mo
$88,200Gross annual rent
2.5%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.

3.4%
Gross yield
− Property tax $12,435− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,663

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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