431 Kerrybrook Drive, Richmond Hill, ON

Mill Pond, Richmond Hill · MLS® N13789246

$1,888,888
For Sale
Listed 34 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • Welcome to this extensively renovated detached home situated on a premium 68.2 x 110 ft lot in the prestigious Mill Pond community.
  • Thoughtfully designed with exceptional craftsmanship and high-end finishes throughout, this impressive residence features hardwood floors, smooth ceilings, crown...
  • At the heart of the home is a stunning chef's kitchen showcasing custom cabinetry, Quartz countertops and backsplash, an oversized centre island with Quartzite...
  • Upstairs features 4 spacious bedrooms, convenient second-floor laundry, and a beautiful primary retreat with a custom-built closet and spa-inspired ensuite complete...
  • The finished basement offers a spacious recreation room, additional bedroom, 3-piece bathroom, wood-burning fireplace, separate entrance, rough-ins for a future...

Welcome to this extensively renovated detached home situated on a premium 68.2 x 110 ft lot in the prestigious Mill Pond community. Thoughtfully designed with exceptional craftsmanship and high-end finishes throughout, this impressive residence features hardwood floors, smooth ceilings, crown moulding, LED pot lights, skylight, custom entry, oversized trim, and an elegant oak staircase with iron pickets. At the heart of the home is a stunning chef's kitchen showcasing custom cabinetry, Quartz countertops and backsplash, an oversized centre island with Quartzite countertop, high-end built-in appliances, Touchless Faucet, and premium finishes. The main floor also offers a private office and an inviting family room featuring a gas fireplace with a striking Quartz feature wall, custom bar with Quartzite countertop, and walk-out to the patio, creating the perfect setting for everyday living and entertaining. Upstairs features 4 spacious bedrooms, convenient second-floor laundry, and a beautiful primary retreat with a custom-built closet and spa-inspired ensuite complete with heated floors, freestanding tub, glass shower, and double vanity, plus an additional ensuite. Heated flooring also enhances the main-floor powder room. The finished basement offers a spacious recreation room, additional bedroom, 3-piece bathroom, wood-burning fireplace, separate entrance, rough-ins for a future kitchen and laundry, and an impressive oversized custom-built closet. Step outside to a beautifully landscaped, fully fenced and private backyard with interlocking and patio. A truly move-in-ready residence combining style, space, privacy, and functionality in one of Richmond Hill's most sought-after neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13789246
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
68.2 × 110 ft
Cross streets
Major Mackenzie & Bathurst
Parking
2 garage · 5 parking (attached)
Driveway
Private Double
Basement
Finished, Separate Entrance, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,768 / 2026
Days on market
34
Listing brokerage
KELLER WILLIAMS REALTY CENTRES

Rooms

OfficeGround3.41 × 2.68 m

double doors · pot lights · large window

RecreationBasement5.77 × 4.86 m

laminate · pot lights · central vacuum

KitchenGround7.62 × 3.78 m

quartz counter · b/i appliances · centre island

Bedroom 4Second3.63 × 2.99 m

hardwood floor · pot lights · closet

Bedroom 3Second3.89 × 2.79 m

hardwood floor · pot lights · walk-in closet(s)

Family RoomGround4.52 × 4.49 m

w/o to patio · b/i bar · gas fireplace

Bedroom 2Second4.86 × 3.45 m

hardwood floor · 3 pc ensuite · pot lights

Great RoomBasement8.59 × 3.42 m

laminate · pot lights · above grade window

Dining RoomGround8.66 × 3.63 m

crown moulding · built-in speakers · combined w/living

Primary BedroomSecond5.74 × 3.86 m

hardwood floor · 5 pc ensuite · b/i closet

Bedroom 5Basement5.34 × 4.89 m

laminate · pot lights · brick fireplace

Living RoomGround8.66 × 3.63 m

crown moulding · pot lights · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.86Mlikely sale price

Listed at $1,888,888. Going by how homes in Mill Pond and the wider GTA have actually closed against their asking prices (about 98%, 20 local closings in 90 days), the likely sale price is near $1.86M, if it sells. A realistic range is $1.74M to $2.09M.

Independent value check: $1.63M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $1.53M and $1.71M).

Why $1.63M. The typical detached home sold in Mill Pond over the past year went for about $1.53M (73 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it4+1 bedrooms and 5 baths, against 4+1 and 4 typically.
  • ▲ Raises it slightlyIts lot is 68 by 110 ft; the typical lot sold here is 53 by 115.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $7,768 a year; the typical home sold here pays about $7,900.
List price
$1.74MBelow recent closings$2.09MAbove recent closings

Total price vs nearby homes. Likely closing about $1.86M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$1.30Mmedian sold price
101%of asking, on average
−15%prices vs a year ago
~20 dayshomes like this take to sell
34days on market so far
$6,011/moest. rent · 20 leases
3.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 14 detached homes for sale in the area against 20 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 $687/sqft against an area asking average of $619/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Mill Pond: 39 of the 146 detached leases here lately were basement units, around $1,800 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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.56M. 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
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle

Based on 20 comparable homes that sold in Mill Pond over the past two years, from 156 closings there.

What sellers nearby are askingCurrently listed nearby in Mill Pond · asking prices
$2.09Mavg 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 $700/sqft; this home lists at $687/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.89MThis home1.99M1.70M2.00M2.69MThis 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

Mill Pond, 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
$1.46M
Westbrook
$1.58M
Crosby
$2.05M
Observatory
$2.02M
South Richvale
$4.06M

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
$8,609/mo
$351KIncome needed
5.4×Price ÷ income
$1,987Weekly cost
$34,253Land 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 $8,609Property tax $647Total carry $9,256

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)
$8,355per month

Mortgage amount $1,511,110 · 4.49% over 25 years

$377,778Down payment (20.0%)
$1,511,110Loan before insurance
$0CMHC premium
$9,003Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,355
Property tax
$647
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,003

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

One-time closing costs

Ontario land transfer tax
$34,253
Estimated closing costs
$34,253

Plus your down payment of $377,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,113/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

$995,446Total interest paid
$2,506,557Total of all payments
Principal $1,511,110 Interest $995,446
YearPrincipalInterestBalance
1$33,722$66,541$1,477,389
2$35,253$65,010$1,442,136
3$36,853$63,409$1,405,283
4$38,527$61,736$1,366,756
5$40,276$59,986$1,326,481
6$42,104$58,158$1,284,376
7$44,016$56,246$1,240,360
8$46,015$54,248$1,194,345
9$48,104$52,158$1,146,241
10$50,288$49,974$1,095,953
11$52,571$47,691$1,043,382
12$54,958$45,304$988,424
13$57,454$42,809$930,970
14$60,062$40,200$870,908
15$62,789$37,473$808,118
16$65,640$34,622$742,478
17$68,621$31,642$673,858
18$71,736$28,526$602,121
19$74,993$25,269$527,128
20$78,398$21,864$448,730
21$81,958$18,304$366,772
22$85,679$14,583$281,093
23$89,569$10,693$191,524
24$93,636$6,626$97,888
25$97,888$2,375$0

At the end of your 5-year term

Total paid over the term
$501,311
Principal paid down
$184,630
Interest paid
$316,682
Balance remaining
$1,326,481

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 20 whole-home leases in Mill Pond$6,011/mo
$72,132Gross annual rent
2.9%Cap rate after taxes and upkeep
$5,524 to $6,537Typical rent range
~15 daysTo find a tenant, on average

The suite is real income here: basements rent in Mill Pond (39 of 146 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 20 whole-home leases in Mill Pond signed at a median of $6,228 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,011. 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.

3.8%
Gross yield
− Property tax $7,768− Insurance $1,400− Vacancy & upkeep $7,935Net operating income $55,029

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REALTY CENTRES. MLS®/PropTx.

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