16 Venture Avenue, Richmond Hill, ON

Rouge Woods, Richmond Hill · MLS® N13832448

$1,079,000
For Sale
Listed 23 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Located in the highly desirable Rouge Woods community of Richmond Hill, this property puts nature right at your doorstep.
  • Easily achieve 10k steps with a 5 minute walk to Timber Mill Park, Lilac Grove parkette, Headwaters Community Park, and Apple Grove parkette.
  • Step into this bright and inviting 3-bedroom home where soaring high ceilings create an open atmosphere that feels truly expansive.
  • Featuring hardwood flooring throughout, elegant 9-foot smooth ceilings, and stylish pot lights on the main floor and in the basement.
  • The generous primary bedroom offers a walk-in closet and a private FIVE-piece ensuite.

Located in the highly desirable Rouge Woods community of Richmond Hill, this property puts nature right at your doorstep. Multiple ravines and abundant green space surround the neighbourhood, giving outdoor loving kids (and adults) endless room to explore and play - nowhere near the largest cemetery in Richmond Hill. Easily achieve 10k steps with a 5 minute walk to Timber Mill Park, Lilac Grove parkette, Headwaters Community Park, and Apple Grove parkette. Very highly rated school system, Silver Stream Public School, Richmond Rose, Bayview Secondary and lots more. Step into this bright and inviting 3-bedroom home where soaring high ceilings create an open atmosphere that feels truly expansive. The generous layout delivers the room you need to stretch out and grow, ideal for upsizing families. Featuring hardwood flooring throughout, elegant 9-foot smooth ceilings, and stylish pot lights on the main floor and in the basement. Enjoy convenient direct indoor access to the garage (with a brand new garage door, and quiet door opener) . The generous primary bedroom offers a walk-in closet and a private FIVE-piece ensuite. A professionally finished basement adds a large recreation room, full bathroom and kitchenette; creating extra living and entertainment space.Side note: Freshly painted, new counter tops, new garage door, new fridge..and lots more.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13832448
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
19.71 × 110 ft
Cross streets
Bayview/ Major Mackenzie
Parking
1 garage · 2 parking (built-in)
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,898 / 2026
Days on market
23
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Exercise RoomBasement10.10 × 11.10 m
KitchenMain8.50 × 12.10 m

tile floor · custom backsplash · quartz counter

Bedroom 2Second8.11 × 17.10 m

Hardwood Floor

BreakfastMain8.50 × 10.00 m

tile floor · combined w/dining · combined w/family

Primary BedroomSecond11.50 × 19.10 m

hardwood floor · 5 pc ensuite · quartz counter

Living RoomGround10.20 × 11.10 m

hardwood floor · walk-out · combined w/dining

Dining RoomMain10.80 × 8.10 m

hardwood floor · breakfast area · large window

Family RoomMain12.00 × 14.20 m

combined w/living · hardwood floor · walk-out

Bedroom 3Second9.50 × 10.80 m

hardwood floor · semi ensuite

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.

Rural Richmond Hill
$1.10M
Westbrook
$1.07M
Doncrest
$1.17M
Langstaff
$1.00M
Jefferson
$999K

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
$4,918/mo
$207KIncome needed
5.2×Price ÷ income
$1,135Weekly cost
$18,055Land 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.

91%mortgage
Mortgage $4,918Property tax $492Total carry $5,409

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)
$4,773per month

Mortgage amount $863,200 · 4.49% over 25 years

$215,800Down payment (20.0%)
$863,200Loan before insurance
$0CMHC premium
$5,264Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,773
Property tax
$492
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,264

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

One-time closing costs

Ontario land transfer tax
$18,055
Estimated closing costs
$18,055

Plus your down payment of $215,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,777/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

$568,634Total interest paid
$1,431,834Total of all payments
Principal $863,200 Interest $568,634
YearPrincipalInterestBalance
1$19,263$38,010$843,937
2$20,138$37,136$823,799
3$21,052$36,221$802,748
4$22,008$35,266$780,740
5$23,007$34,266$757,733
6$24,052$33,222$733,681
7$25,144$32,130$708,538
8$26,285$30,988$682,252
9$27,479$29,795$654,774
10$28,726$28,547$626,047
11$30,031$27,243$596,017
12$31,394$25,879$564,623
13$32,820$24,454$531,803
14$34,310$22,964$497,493
15$35,867$21,406$461,626
16$37,496$19,777$424,130
17$39,198$18,075$384,931
18$40,978$16,295$343,953
19$42,839$14,435$301,114
20$44,784$12,489$256,330
21$46,817$10,456$209,513
22$48,943$8,330$160,570
23$51,165$6,108$109,405
24$53,488$3,785$55,917
25$55,917$1,357$0

At the end of your 5-year term

Total paid over the term
$286,367
Principal paid down
$105,467
Interest paid
$180,900
Balance remaining
$757,733

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
Estimate$3,150/mo
$37,800Gross annual rent
2.4%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.

3.5%
Gross yield
− Property tax $5,898− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,344

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

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