29 Denham Drive, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13783080

$10,990,000
For Sale
Listed 6 days agoNo offer date stated
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5+2Bedrooms
10Bathrooms
5Garage · 13 parking
5,000Sq ft

About this home

In short

  • This ultra-luxurious Chateau/European style estate, custom master-crafted in 2018,offers quality craftsmanship.
  • This14000sqft exquisitely designed living space, on a private0.6-acre lot with 100'of gated frontage on a desirable street in South Richvale surpasses all expectations.
  • You will be greeted by soaring ceilings and mirrored accents.
  • The impressive features of this gem include,5expansive bdrms,9bathrm,all with heated flrs,10fireplaces4cozy ambiance,2kitchens4culinary...

This ultra-luxurious Chateau/European style estate, custom master-crafted in 2018,offers quality craftsmanship.This14000sqft exquisitely designed living space, on a private0.6-acre lot with 100'of gated frontage on a desirable street in South Richvale surpasses all expectations. You will be greeted by soaring ceilings and mirrored accents. The expansive great room offers breathtaking views, while the kitchen surpasses imagination ,redefining culinary excellence. The primary suite is reminiscent of a luxurious resort, where relaxation and comfort intertwine seamlessly. The impressive features of this gem include,5expansive bdrms,9bathrm,all with heated flrs,10fireplaces4cozy ambiance,2kitchens4culinary enthusiasts,Elevator4convenience,Concrete Betz Pool(20x40')Over800sqft of concrete deck,Cabana4outdoor relaxation, Steam and dry sauna4wellness,Outdoor kitchen 4 al fresco dining,5car heated garage,400-amp electrical service, In-floor heating4comfort,Snowmelt to keep pathways clear.

Key facts

Property type
Detached, 2-Storey
MLS®
N13783080
Bedrooms
5+2 (7 total)
Bathrooms
10 (2 half)
Size
5,000 sq ft
Lot
102.72 × 277.54 ft
Cross streets
YONGE & HWY7
Parking
5 garage · 13 parking (built-in)
Driveway
Private
Basement
Apartment, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$42,741 / 2026
Days on market
6
Listing brokerage
RE/MAX REALTRON REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in South Richvale (3,500 sq ft and up) have sold between $2.13M and $14.70M over the last two years (36 sales).

Considering this property? Request a written price read

The assigned public school is Charles Howitt PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in South Richvale · asking prices
$7.96Mavg 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 $8.66M, which is where my estimate comes from.

Per square foot, these ask about $1,591/sqft; this home lists at $2,198/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
10.99MThis home8.99M8.80M8.50M5.50M7.99MThis home vs active comparables

Neighbourhood & location

South 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.

North Richvale
$1.24M
Langstaff
$2.14M
Harding
$2.23M
Mill Pond
$1.92M
Bayview Hill
$2.96M

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 Charles Howitt PS
74%
Charles Howitt PSPublic · Elementary · JK-8 · 0.6 km awayAround the GTA average · 74% meet the provincial standard
St. Theresa Of LisieuxEQAO results not published
Also nearby: 8 more schools within 2.5 km
Roselawn Public School · Public elementary1.2 km · 74% at standard
Red Maple Public School · Public elementary1.7 km · 69% at standard
St John Paul II Catholic Elementary School · Catholic elementary1.7 km · 82% at standard
Thornhill Woods Public School · Public elementary2.0 km · 81% at standard
Ross Doan Public School · Public elementary2.0 km · 80% at standard
Baythorn Public School · Public elementary2.3 km · 82% at standard
Carrville Mills Public School · Public elementary2.3 km · 85% at standard
Bakersfield Public School · Public elementary2.5 km · 77% at standard

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

Affordability & Mortgage

Affordability
$50,089/mo
$2016KIncome needed
5.5×Price ÷ income
$11,559Weekly cost
$261,225Land 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 $50,089Property tax $3,562Total carry $53,650

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.

4.39%
%
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)
$48,125per month

Mortgage amount $8,792,000 · 4.39% over 25 years

$2,198,000Down payment (20.0%)
$8,792,000Loan before insurance
$0CMHC premium
$51,687Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$48,125
Property tax
$3,562
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$51,687

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

One-time closing costs

Ontario land transfer tax
$261,225
Estimated closing costs
$261,225

Plus your down payment of $2,198,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$58,306/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

$5,645,543Total interest paid
$14,437,543Total of all payments
Principal $8,792,000 Interest $5,645,543
YearPrincipalInterestBalance
1$198,952$378,550$8,593,048
2$207,782$369,720$8,385,266
3$217,004$360,498$8,168,262
4$226,635$350,867$7,941,627
5$236,693$340,809$7,704,934
6$247,198$330,304$7,457,736
7$258,169$319,333$7,199,567
8$269,627$307,875$6,929,940
9$281,594$295,908$6,648,346
10$294,091$283,410$6,354,255
11$307,144$270,358$6,047,111
12$320,775$256,726$5,726,336
13$335,012$242,490$5,391,324
14$349,880$227,621$5,041,444
15$365,409$212,093$4,676,035
16$381,626$195,876$4,294,409
17$398,563$178,938$3,895,846
18$416,252$161,249$3,479,593
19$434,726$142,775$3,044,867
20$454,020$123,481$2,590,847
21$474,170$103,331$2,116,676
22$495,215$82,287$1,621,461
23$517,194$60,308$1,104,268
24$540,148$37,354$564,120
25$564,120$13,381$0

At the end of your 5-year term

Total paid over the term
$2,887,509
Principal paid down
$1,087,066
Interest paid
$1,800,443
Balance remaining
$7,704,934

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 5 whole-home leases in South Richvale$7,168/mo
$86,016Gross annual rent
0.3%Cap rate after taxes and upkeep
$5,947 to $8,069Typical rent range
~25 daysTo find a tenant, on average

The suite is real income here: basements rent in South Richvale (18 of 72 recent detached leases were basement units, around $2,050 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,050 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 5 whole-home leases in South Richvale signed at a median of $6,265 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,168. 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.

0.8%
Gross yield
− Property tax $42,741− Insurance $1,400− Vacancy & upkeep $9,462Net operating income $32,414

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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