243 Rumble Avenue, Richmond Hill, ON
Mill Pond, Richmond Hill · MLS® N13839188
About this home
In short
- A remarkable CUSTOM BUILT home in a truly established community of Richmond Hill - combining an exceptional lot, and the timeless appeal of Mill Pond living.
- Set on nearly 1/3rd OF AN ACRE, the expansive property provides an exceptional sense of space, and a scale of property increasingly difficult to find.
- Some features include: 10 Ft Ceiling On Main, 9 Ft On 2nd, Over 8Ft In Finished Basement w/ temperature controlled wine cellar, and radiant in floor heating, 8 Ft...
- Relax in the 4 seasons loggia, and while entertaining your guests and baking your very own pizza in the wood burning oven, you will overlook a backyard Oasis Like No...
- Saltwater Pool, Jacuzzi, Shower, Pool Houses, Bar, Bath, and immaculate landscaping/hardscaping.
A remarkable CUSTOM BUILT home in a truly established community of Richmond Hill - combining an exceptional lot, and the timeless appeal of Mill Pond living. Set on nearly 1/3rd OF AN ACRE, the expansive property provides an exceptional sense of space, and a scale of property increasingly difficult to find. Located on one of the area's most coveted, tree-lined streets, this remarkable property presents an exceptional opportunity to own a custom-built residence! Custom designed and built with an exceptional level of craftsmanship, the home offers roughly over 5000 sq ft living space with the highest quality finishes, and meticulous attention to detail! From its substantial proportions to its impressive setting, it possesses the presence and character of a true custom home. Some features include: 10 Ft Ceiling On Main, 9 Ft On 2nd, Over 8Ft In Finished Basement w/ temperature controlled wine cellar, and radiant in floor heating, 8 Ft Solid Core Doors, High Quality Finishes Thru/Out, Large Kitchen that walks out to a 4 seasons covered loggia! Relax in the 4 seasons loggia, and while entertaining your guests and baking your very own pizza in the wood burning oven, you will overlook a backyard Oasis Like No Other! Saltwater Pool, Jacuzzi, Shower, Pool Houses, Bar, Bath, and immaculate landscaping/hardscaping. Exterior Speakers, Ambient Lighting, Irrigation System and More! Experience the Tranquility, peace, calmness, while still being in close proximity to many of Richmond Hill's finest amenities! Opportunities like this don't arise often! This home must be seen! (see list of upgrades attached)
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13839188
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 7 (3 half)
- Size
- 3000-3500 sq ft
- Lot
- 65.92 × 189.19 ft
- Cross streets
- Yonge St/Major Mackenzie Dr W
- Parking
- 2.5 garage · 13.5 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Block
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Pool
- Inground, Salt
- Property tax
- $13,294 / 2026
- Days on market
- 20
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
hardwood floor · walk-in closet(s) · 6 pc ensuite
hardwood floor · casement windows · crown moulding
limestone flooring · pot lights · built-in speakers
hardwood floor · double closet · semi ensuite
Hardwood Floor
ceramic floor · closet · 4 pc ensuite
limestone flooring · pot lights · wainscoting
limestone flooring · b/i vanity · sunken room
hardwood floor · pot lights · crown moulding
limestone flooring · overlooks pool · b/i range
hardwood floor · walk-in closet(s) · 4 pc ensuite
limestone flooring · granite counters · centre island
hardwood floor · walk-in closet(s) · semi ensuite
ceramic floor · pot lights · 2 pc bath
limestone flooring · granite counters · backsplash
ceramic floor · pot lights · built-in speakers
Listed at $3,088,000. Going by how homes in Mill Pond and the wider GTA have actually closed against their asking prices (about 98%, 20 local closings in 90 days), the likely sale price is near $3.04M, if it sells. A realistic range is $2.84M to $3.42M.
Independent value check: $2.53M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $2.37M and $2.65M).
Why $2.53M. The typical detached home sold in Mill Pond over the past year went for about $1.53M (73 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $13,294 a year; the typical home sold here pays about $7,900.
- ▲ Raises it strongly4+1 bedrooms and 7 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 66 by 189 ft; the typical lot sold here is 53 by 115.
Total price vs nearby homes. Likely closing about $3.04M, from 20 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 7 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $950/sqft against an area asking average of $827/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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.19M. Condition and finishes remain an in-person call.
What the listing highlights4 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Based on 20 comparable homes that sold in Mill Pond over the past two years, from 156 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.53M, which is where my estimate comes from.
Per square foot, these ask about $736/sqft; this home lists at $950/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
Mill Pond, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $2,470,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,659
- Property tax
- $1,108
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,767
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $63,675
- Estimated closing costs
- $63,675
Plus your down payment of $617,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $819,556
- Principal paid down
- $301,837
- Interest paid
- $517,719
- Balance remaining
- $2,168,563
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 18 whole-home leases in Mill Pond signed at a median of $7,395 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,014. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.