45 Boyle Drive, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13801504

$5,499,000
For Sale
Listed 2 days agoNo offer date stated
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5+2Bedrooms
9Bathrooms
4Garage · 14 parking
5,000Sq ft

About this home

In short

  • Nestled on nearly half an acre in prestigious South Richvale, just moments from Yonge Street, Highway 7, and the Richmond Hill Golf & Country Club, this extraordinary...
  • A soaring cathedral foyer wirh heated floors welcomes you to a spectacular main level featuring 12-foot ceilings, elegant principal rooms, a designer gourmet kitchen...
  • The upper level offers 9-foot ceilings and five lavish bedrooms, each with its own ensuite, including a luxurious primary retreat.
  • The heated walk-out lower level is an entertainer's dream, complete with two additional bedrooms, a home theatre, wine cellar, wet bar, expansive recreation area, and...

Nestled on nearly half an acre in prestigious South Richvale, just moments from Yonge Street, Highway 7, and the Richmond Hill Golf & Country Club, this extraordinary 7,600 sq.ft. + 3,200 sq.ft. custom estate showcases timeless grandeur with a circular drive, striking stone facade, 4-car garage, manicured grounds, and an expansive entertainer's deck. A soaring cathedral foyer wirh heated floors welcomes you to a spectacular main level featuring 12-foot ceilings, elegant principal rooms, a designer gourmet kitchen with panelled Sub-Zero fridge and butler's pantry, while multiple skylights flood the home with natural light. The upper level offers 9-foot ceilings and five lavish bedrooms, each with its own ensuite, including a luxurious primary retreat. The heated walk-out lower level is an entertainer's dream, complete with two additional bedrooms, a home theatre, wine cellar, wet bar, expansive recreation area, and seamless access to the private backyard, creating the ultimate indoor-outdoor lifestyle.

Key facts

Property type
Detached, 2-Storey
MLS®
N13801504
Bedrooms
5+2 (7 total)
Bathrooms
9 (1 half)
Size
5,000 sq ft
Lot
85 × 247 ft
Cross streets
Yonge/Hwy 7
Parking
4 garage · 14 parking (attached)
Driveway
Circular Drive
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$29,982 / 2025
Days on market
2
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 5Second4.85 × 4.39 m

bay window · w/o to balcony · 3 pc ensuite

Family RoomMain9.18 × 5.52 m

hardwood floor · fireplace · large window

FoyerMain3.02 × 5.06 m

skylight · heated floor · stone floor

OfficeMain3.96 × 3.08 m

hardwood floor · b/i bookcase · picture window

Primary BedroomSecond6.80 × 5.52 m

skylight · w/o to balcony · 2 way fireplace

Living RoomMain5.18 × 5.36 m

hardwood floor · fireplace · pot lights

KitchenMain3.39 × 6.40 m

w/o to patio · coffered ceiling(s) · centre island

Bedroom 4Second6.10 × 5.21 m

hardwood floor · pot lights · 5 pc ensuite

Dining RoomMain5.03 × 5.55 m

hardwood floor · crown moulding · panelled

Bedroom 2Second4.51 × 4.48 m

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

Bedroom 3Second5.30 × 3.38 m

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

RecreationBasement13.20 × 5.67 m

heated floor · hardwood floor · wet bar

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.

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.

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

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 · 0.8 km awayAround the GTA average · 74% meet the provincial standard
St. Theresa Of LisieuxEQAO results not published
Also nearby: 10 more schools within 2.5 km
Red Maple Public School · Public elementary1.2 km · 69% at standard
St John Paul II Catholic Elementary School · Catholic elementary1.3 km · 82% at standard
Baythorn Public School · Public elementary1.6 km · 82% at standard
St Anthony Catholic Elementary School · Catholic elementary1.8 km · 88% at standard
Roselawn Public School · Public elementary1.8 km · 74% at standard
Stornoway Crescent Public School · Public elementary2.1 km
Woodland Public School · Public elementary2.2 km · 96% at standard
Sixteenth Avenue Public School · Public elementary2.4 km · 70% at standard
Rosedale Heights Public School · Public elementary2.5 km · 72% at standard
Ross Doan Public School · Public elementary2.5 km · 80% at standard

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

Affordability & Mortgage

Affordability
$25,063/mo
$1037KIncome needed
5.3×Price ÷ income
$5,784Weekly cost
$123,950Land 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.

91%mortgage
Mortgage $25,063Property tax $2,499Total carry $27,561

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)
$24,080per month

Mortgage amount $4,399,200 · 4.39% over 25 years

$1,099,800Down payment (20.0%)
$4,399,200Loan before insurance
$0CMHC premium
$26,579Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$24,080
Property tax
$2,499
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$26,579

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

One-time closing costs

Ontario land transfer tax
$123,950
Estimated closing costs
$123,950

Plus your down payment of $1,099,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$29,174/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

$2,824,826Total interest paid
$7,224,026Total of all payments
Principal $4,399,200 Interest $2,824,826
YearPrincipalInterestBalance
1$99,548$189,413$4,299,652
2$103,967$184,994$4,195,685
3$108,581$180,380$4,087,104
4$113,400$175,561$3,973,704
5$118,433$170,528$3,855,271
6$123,689$165,272$3,731,582
7$129,179$159,782$3,602,404
8$134,912$154,049$3,467,492
9$140,899$148,062$3,326,593
10$147,153$141,808$3,179,440
11$153,684$135,277$3,025,756
12$160,504$128,457$2,865,252
13$167,628$121,333$2,697,624
14$175,067$113,894$2,522,557
15$182,837$106,124$2,339,719
16$190,952$98,009$2,148,768
17$199,427$89,534$1,949,341
18$208,278$80,683$1,741,063
19$217,521$71,440$1,523,542
20$227,175$61,786$1,296,366
21$237,258$51,703$1,059,109
22$247,788$41,173$811,321
23$258,785$30,176$552,536
24$270,270$18,691$282,265
25$282,265$6,696$0

At the end of your 5-year term

Total paid over the term
$1,444,805
Principal paid down
$543,929
Interest paid
$900,877
Balance remaining
$3,855,271

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$5,474/mo
$65,688Gross annual rent
0.5%Cap rate after taxes and upkeep
$4,818 to $6,615Typical 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 $5,124 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,474. 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.

1.2%
Gross yield
− Property tax $29,982− Insurance $1,400− Vacancy & upkeep $7,226Net operating income $27,080

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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