59 Vitlor Drive, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13833664

$1,888,000
For Sale
Listed 21 days agoNo offer date stated
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4Bedrooms
6Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Exceptional Custom-Built Home On One Of The Largest South-Facing Lots On The Street.
  • The gourmet kitchen features Newer appliances and everything you need for both everyday living and entertaining.
  • Hardwood floors throughout the main and second levels, crown mouldings, and smooth ceilings add a timeless touch.
  • Step outside to your own private backyard oasis, featuring a heated saltwater pool with swim and deck jets, a waterfall, and a jacuzzi overflowing into the pool.
  • The custom-finished basement is an entertainer's dream, featuring a built-in glass bar, oversized island with granite countertops, and a custom-excavated walk-out...

Exceptional Custom-Built Home On One Of The Largest South-Facing Lots On The Street! Offering 3,348 sq. ft. plus a beautifully finished walk out/ walk up basement, this impressive home combines comfort, quality, and luxury.The gourmet kitchen features Newer appliances and everything you need for both everyday living and entertaining. Hardwood floors throughout the main and second levels, crown mouldings, and smooth ceilings add a timeless touch.Step outside to your own private backyard oasis, featuring a heated saltwater pool with swim and deck jets, a waterfall, and a jacuzzi overflowing into the pool. The heated cabana includes a 6th bathroom, LED lighting, and a built-in natural gas BBQ-perfect for entertaining family and friends.The custom-finished basement is an entertainer's dream, featuring a built-in glass bar, oversized island with granite countertops, and a custom-excavated walk-out leading directly to the backyard.Additional upgrades include a large custom concrete deck, newer interlocking, newer garage door, and newer main entrance door.Located in a prestigious and highly desirable neighbourhood surrounded by stunning luxury homes, with numerous multi-million-dollar custom homes recently built throughout the area. Enjoy the appeal of an established neighbourhood that continues to attract high-end new construction.A rare opportunity to own a spacious custom home with an incredible backyard in a sought-after luxury neighbourhood

Key facts

Property type
Detached, 2-Storey
MLS®
N13833664
Bedrooms
4
Bathrooms
6 (2 half)
Size
3000-3500 sq ft
Lot
42.13 × 159.75 ft
Cross streets
Bathurst & King
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$8,848 / 2026
Days on market
21
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.

Rooms

OtherBasement4.55 × 3.80 m

laminate · b/i bar · granite counters

RecreationBasement6.64 × 5.20 m

laminate · w/o to yard · pot lights

Family RoomMain5.71 × 3.35 m

hardwood floor · crown moulding · gas fireplace

Primary BedroomSecond5.53 × 5.25 m

hardwood floor · walk-in closet(s) · 6 pc ensuite

Bedroom 2Second4.95 × 3.91 m

hardwood floor · walk-in closet(s) · semi ensuite

DenMain4.08 × 3.25 m

hardwood floor · french doors · large window

Bedroom 4Second3.83 × 3.63 m

hardwood floor · double closet · semi ensuite

Dining RoomMain4.26 × 3.53 m

hardwood floor · crown moulding · pot lights

KitchenMain5.51 × 4.69 m

ceramic floor · granite counters · centre island

Living RoomMain4.57 × 3.86 m

hardwood floor · crown moulding · pot lights

Bedroom 3Second4.57 × 3.37 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.83Mlikely sale price

Listed at $1,888,000. 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 $1.83M, if it sells. A realistic range is $1.72M to $2.06M.

Independent value check: $1.91M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.79M and $2.00M).

Why $1.91M. The typical detached home sold in Oak Ridges over the past year went for about $1.41M (117 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $8,848 a year; the typical home sold here pays about $6,700.
  • ▲ Raises it4 bedrooms and 6 baths, against 4+1 and 4 typically.
  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises it slightlyIts lot is 42 by 160 ft; the typical lot sold here is 41 by 110.
List price
$1.72MBelow recent closings$2.06MAbove recent closings

Total price vs nearby homes. Likely closing about $1.83M, 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
21days on market so far
$6,149/moest. rent · 81 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 10 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 $581/sqft against an area asking average of $644/sqft.

  • Walk-out basement apartment features. A finished walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Oak Ridges: 27 of the 182 detached leases here lately were basement units, around $1,750 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.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 $1.80M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

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

What sellers nearby are askingCurrently listed nearby in Oak Ridges · asking prices
$1.84Mavg 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 $598/sqft; this home lists at $581/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.89MThis home1.75M1.70M2.08MThis home vs active comparables

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
$8,605/mo
$354KIncome needed
5.3×Price ÷ income
$1,986Weekly cost
$34,235Land 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 $8,605Property tax $737Total carry $9,342

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)
$8,351per month

Mortgage amount $1,510,400 · 4.49% over 25 years

$377,600Down payment (20.0%)
$1,510,400Loan before insurance
$0CMHC premium
$9,089Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,351
Property tax
$737
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,089

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

One-time closing costs

Ontario land transfer tax
$34,235
Estimated closing costs
$34,235

Plus your down payment of $377,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,108/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

$994,978Total interest paid
$2,505,378Total of all payments
Principal $1,510,400 Interest $994,978
YearPrincipalInterestBalance
1$33,706$66,509$1,476,694
2$35,236$64,979$1,441,458
3$36,836$63,379$1,404,622
4$38,508$61,707$1,366,114
5$40,257$59,958$1,325,857
6$42,085$58,130$1,283,772
7$43,996$56,220$1,239,777
8$45,993$54,222$1,193,784
9$48,081$52,134$1,145,702
10$50,264$49,951$1,095,438
11$52,547$47,668$1,042,891
12$54,932$45,283$987,959
13$57,427$42,789$930,532
14$60,034$40,181$870,498
15$62,760$37,455$807,738
16$65,609$34,606$742,129
17$68,588$31,627$673,541
18$71,702$28,513$601,838
19$74,958$25,257$526,880
20$78,361$21,854$448,519
21$81,919$18,296$366,600
22$85,639$14,576$280,961
23$89,527$10,688$191,434
24$93,592$6,623$97,842
25$97,842$2,374$0

At the end of your 5-year term

Total paid over the term
$501,076
Principal paid down
$184,543
Interest paid
$316,533
Balance remaining
$1,325,857

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 81 whole-home leases in Oak Ridges$6,149/mo
$73,788Gross annual rent
2.9%Cap rate after taxes and upkeep
$5,603 to $6,457Typical rent range
~38 daysTo find a tenant, on average

The suite is real income here: basements rent in Oak Ridges (27 of 182 recent detached leases were basement units, around $1,750 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,750 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 81 whole-home leases in Oak Ridges signed at a median of $5,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,149. 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.

3.9%
Gross yield
− Property tax $8,848− Insurance $1,400− Vacancy & upkeep $8,117Net operating income $55,424

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

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