96 Timber Valley Avenue, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13830162

$1,398,000
For Sale
Listed 24 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • A spacious approximately 2,600 sq. ft. detached family home in the heart of sought-after Oak Ridges.
  • Offering a bright, functional layout, generous room sizes, 9 foot ceiling on main floor and excellent future potential.
  • Upstairs, the primary bedroom features a walk-in closet and a 4-piece ensuite.
  • The unfinished basement offers excellent potential for the next owner to create additional living space, a recreation room, gym, office or whatever best suits their...
  • The area also offers convenient access to schools, shopping, community amenities, Highway 404 and nearby GO transit.

A spacious approximately 2,600 sq. ft. detached family home in the heart of sought-after Oak Ridges. Offering a bright, functional layout, generous room sizes, 9 foot ceiling on main floor and excellent future potential. The main floor is designed for comfortable family living and entertaining, featuring formal dining area, a large family room with a gas fireplace, and a spacious kitchen with a breakfast area. Large windows throughout bring in an abundance of natural light.Walk out from the kitchen to the patio and professionally landscaped backyard, creating a private outdoor setting for summer dinners, entertaining or simply relaxing. Upstairs, the primary bedroom features a walk-in closet and a 4-piece ensuite. Three additional generously sized bedrooms provide plenty of room for family, guests or a home office. The unfinished basement offers excellent potential for the next owner to create additional living space, a recreation room, gym, office or whatever best suits their needs. Oak Ridges is one of Richmond Hill's most desirable family-oriented communities, known for its quieter setting, established neighbourhoods and exceptional access to nature. Enjoy nearby Lake Wilcox Park with its waterfront boardwalk, trails, playgrounds, splash pad, kayaking and fishing, along with the forests, trails and protected green space of the Oak Ridges Moraine. The area also offers convenient access to schools, shopping, community amenities, Highway 404 and nearby GO transit.Surrounded by mature homes, including multi-million-dollar residences nearby, this property offers an excellent combination of space, privacy, lifestyle and long-term potential. The professionally landscaped outdoor space adds to the home's appeal and makes it easy to enjoy the property inside and out. If you are looking for a well-kept family home in a beautiful Richmond Hill community, this is one you will want to see in person. Book your private viewing today.

Key facts

Property type
Detached, 2-Storey
MLS®
N13830162
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
40.04 × 107.61 ft
Cross streets
Yonge St and King Rd
Parking
2 garage · 6 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,826 / 2026
Days on market
24
Listing brokerage
TRITON CAPITAL INC.

Rooms

Primary BedroomSecond4.40 × 5.20 m

4 pc ensuite · separate shower

Bedroom 2Second3.40 × 4.00 m

closet · window

BreakfastMain3.40 × 4.00 m

w/o to patio · overlooks family · ceramic floor

Bedroom 4Second3.80 × 4.30 m

4 pc ensuite · double closet · window

KitchenMain3.05 × 3.00 m

family size kitchen · ceramic floor · window

Bedroom 3Second3.60 × 3.80 m

closet · window

Dining RoomMain3.40 × 4.00 m

separate room · window

Family RoomMain4.40 × 4.00 m

open concept · fireplace · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.36Mlikely sale price

Listed at $1,398,000. Going by how homes in Oak Ridges and the wider GTA have actually closed against their asking prices (about 97%, 34 local closings in 90 days), the likely sale price is near $1.36M, if it sells. A realistic range is $1.27M to $1.53M.

Independent value check: $1.35M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $1.27M and $1.42M).

Why $1.35M. The typical detached home sold in Oak Ridges over the past year went for about $1.41M (117 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

List price
$1.27MBelow recent closings$1.53MAbove recent closings

Total price vs nearby homes. Likely closing about $1.36M, from 34 recent closings in this pocket.

The market behind the math:

34sold nearby · 90 days
$1.35Mmedian sold price
98%of asking, on average
−8%prices vs a year ago
~31 dayshomes like this take to sell
24days on market so far
$5,488/moest. rent · 70 leases
4.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 29 detached homes for sale in the area against 34 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 $508/sqft against an area asking average of $621/sqft.

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 34 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.40M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 34 comparable homes that sold in Oak Ridges over the past two years, from 211 closings there.

Sold price trend

Median sold price for detached homes in Oak Ridges: $1.36M in September 2026, down 5% from a year ago, on 105 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.44M9
December 2025$1.49M8
February 2026$1.47M8
March 2026$1.60M9
April 2026$1.50M6
May 2026$1.34M14
June 2026$1.42M15
July 2026$1.52M14
August 2026$1.36M12
September 2026$1.36M10

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
$1.41M
Rural Richmond Hill
$1.66M
Westbrook
$1.58M
Mill Pond
$1.56M

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
$6,372/mo
$264KIncome needed
5.3×Price ÷ income
$1,470Weekly cost
$24,435Land 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 $6,372Property tax $569Total carry $6,940

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%
$
%
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)
$6,184per month

Mortgage amount $1,118,400 · 4.49% over 25 years

$279,600Down payment (20.0%)
$1,118,400Loan before insurance
$0CMHC premium
$6,753Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,184
Property tax
$569
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,753

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

One-time closing costs

Ontario land transfer tax
$24,435
Estimated closing costs
$24,435

Plus your down payment of $279,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,485/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

$736,748Total interest paid
$1,855,148Total of all payments
Principal $1,118,400 Interest $736,748
YearPrincipalInterestBalance
1$24,958$49,248$1,093,442
2$26,091$48,115$1,067,351
3$27,276$46,930$1,040,075
4$28,514$45,692$1,011,561
5$29,809$44,397$981,752
6$31,162$43,044$950,590
7$32,577$41,629$918,013
8$34,056$40,150$883,956
9$35,603$38,603$848,354
10$37,219$36,987$811,135
11$38,909$35,297$772,226
12$40,676$33,530$731,550
13$42,522$31,683$689,028
14$44,453$29,753$644,574
15$46,472$27,734$598,103
16$48,581$25,624$549,521
17$50,787$23,419$498,734
18$53,093$21,113$445,641
19$55,504$18,702$390,137
20$58,024$16,182$332,113
21$60,659$13,547$271,455
22$63,413$10,793$208,042
23$66,292$7,914$141,750
24$69,302$4,904$72,448
25$72,448$1,758$0

At the end of your 5-year term

Total paid over the term
$371,030
Principal paid down
$136,648
Interest paid
$234,382
Balance remaining
$981,752

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 70 whole-home leases in Oak Ridges$5,488/mo
$65,856Gross annual rent
3.6%Cap rate after taxes and upkeep
$4,929 to $5,763Typical rent range
~38 daysTo find a tenant, on average

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 70 whole-home leases in Oak Ridges signed at a median of $5,382 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,488. 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.

4.7%
Gross yield
− Property tax $6,826− Insurance $1,400− Vacancy & upkeep $7,244Net operating income $50,386

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TRITON CAPITAL INC.. MLS®/PropTx.

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