24 Futura Avenue, Richmond Hill, ON

Rouge Woods, Richmond Hill · MLS® N13823540

$1,779,000
For Sale
Listed 25 days agoNo offer date stated
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5Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Welcome to 24 Futura Avenue, a stunning 5-bedroom, 5-bathroom home located in the highly desirable Rouge Woods community of Richmond Hill.
  • The home boasts double door glass entry and a modern kitchen with top-notch renovations completed last year, including updated pot lights and premium finishes.
  • Recent upgrades include fully upgraded bathrooms as of December 2024, stunning hardwood floors, and fresh paint throughout the home.
  • The fully finished basement provides additional versatile living space, perfect for a home office, recreation area, or guest suite.
  • Windows were replaced in 2012, ensuring excellent insulation and energy efficiency.

Welcome to 24 Futura Avenue, a stunning 5-bedroom, 5-bathroom home located in the highly desirable Rouge Woods community of Richmond Hill. This beautifully maintained property features a spacious, functional layout with abundant natural light throughout. The home boasts double door glass entry and a modern kitchen with top-notch renovations completed last year, including updated pot lights and premium finishes. Recent upgrades include fully upgraded bathrooms as of December 2024, stunning hardwood floors, and fresh paint throughout the home. The property also features two master bedrooms for ultimate comfort and convenience. The fully finished basement provides additional versatile living space, perfect for a home office, recreation area, or guest suite. Windows were replaced in 2012, ensuring excellent insulation and energy efficiency. Situated in a top-ranking school district and just minutes from parks, trails, shopping, and major highways, this home offers exceptional comfort and convenience in one of York Region's most sought-after neighborhoods. Don't miss the opportunity to make this exceptional property your next home!

Key facts

Property type
Detached, 3-Storey
MLS®
N13823540
Bedrooms
5
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
31.5 × 109.91 ft
Cross streets
E. Bayview & Major Mac
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,798 / 2025
Days on market
25
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.
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

Neighbourhood & location

Rouge Woods, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Crosby
$2.05M
Bayview Hill
$2.52M
Observatory
$2.02M
Mill Pond
$1.56M
North Richvale
$1.46M

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
$8,108/mo
$332KIncome needed
5.4×Price ÷ income
$1,871Weekly cost
$32,055Land 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 $8,108Property tax $650Total carry $8,758

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,869per month

Mortgage amount $1,423,200 · 4.49% over 25 years

$355,800Down payment (20.0%)
$1,423,200Loan before insurance
$0CMHC premium
$8,519Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,869
Property tax
$650
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,519

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

One-time closing costs

Ontario land transfer tax
$32,055
Estimated closing costs
$32,055

Plus your down payment of $355,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,524/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

$937,535Total interest paid
$2,360,735Total of all payments
Principal $1,423,200 Interest $937,535
YearPrincipalInterestBalance
1$31,760$62,670$1,391,440
2$33,202$61,228$1,358,238
3$34,709$59,720$1,323,529
4$36,285$58,144$1,287,244
5$37,933$56,497$1,249,311
6$39,655$54,774$1,209,656
7$41,456$52,974$1,168,201
8$43,338$51,092$1,124,863
9$45,305$49,124$1,079,557
10$47,363$47,067$1,032,195
11$49,513$44,916$982,682
12$51,761$42,668$930,921
13$54,111$40,318$876,810
14$56,568$37,861$820,242
15$59,136$35,293$761,105
16$61,822$32,608$699,284
17$64,628$29,801$634,655
18$67,563$26,867$567,092
19$70,630$23,799$496,462
20$73,837$20,592$422,625
21$77,190$17,240$345,435
22$80,695$13,735$264,740
23$84,358$10,071$180,382
24$88,189$6,241$92,193
25$92,193$2,237$0

At the end of your 5-year term

Total paid over the term
$472,147
Principal paid down
$173,889
Interest paid
$298,258
Balance remaining
$1,249,311

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.

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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
3.9%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.

5.0%
Gross yield
− Property tax $7,798− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $69,300

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.

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