22 Fern Avenue, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13840058

$2,450,000
For Sale
Listed 20 days agoNo offer date stated
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5Bedrooms
6Bathrooms
3Garage · 9 parking
3500-5000Sq ft

About this home

In short

  • Welcome to 22 Fern Avenue, this beautiful home is situated in a sought-after neighbourhood.
  • From the grand entrance with high ceilings to the expansive principal rooms, the home showcases an impressive layout ideal for everyday living and upscale entertaining.
  • The luxurious primary suite serves as a private retreat complete with a spa-inspired ensuite and ample closet space The unfinished basement provides excellent storage...
  • Experience the elegance, space, and unmatched location that make 22 Fern Ave a truly remarkable opportunity.

Welcome to 22 Fern Avenue, this beautiful home is situated in a sought-after neighbourhood. A well-maintained home offering comfort, space, and elegance. From the grand entrance with high ceilings to the expansive principal rooms, the home showcases an impressive layout ideal for everyday living and upscale entertaining. The main floor offers an inviting Living, Family and Dining room, an office, and a functional kitchen with ample cabinetry and workspace, creating the perfect setting for family gatherings or hosting guests. The upper level offers FIVE generously sized bedrooms with their FIVE beautifully appointed bathrooms, every detail has been thoughtfully designed to provide both comfort and sophistication. The luxurious primary suite serves as a private retreat complete with a spa-inspired ensuite and ample closet space The unfinished basement provides excellent storage or the opportunity to customize the space to suit your needs. Situated in one of Richmond Hill's most desirable communities, this home is surrounded by top-rated schools, beautiful parks, upscale shopping, fine dining, golf courses, and convenient access to major highways and transit, making it an exceptional choice for families and professionals alike. This is more than just a home-it's a statement of luxury, prestige, and lifestyle. Experience the elegance, space, and unmatched location that make 22 Fern Ave a truly remarkable opportunity.

Key facts

Property type
Detached, 2-Storey
MLS®
N13840058
Bedrooms
5
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
59.11 × 118.22 ft
Cross streets
Bayview Ave./Springbrook Dr.
Parking
3 garage · 9 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$12,102 / 2026
Days on market
20
Listing brokerage
CENTURY 21 LEADING EDGE REALTY 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

Langstaff, 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.

Observatory
$2.02M
Bayview Hill
$2.52M
South Richvale
$4.06M
North Richvale
$1.46M
Crosby
$2.05M

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
$11,166/mo
$460KIncome needed
5.3×Price ÷ income
$2,577Weekly cost
$47,725Land 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 $11,166Property tax $1,008Total carry $12,175

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)
$10,837per month

Mortgage amount $1,960,000 · 4.49% over 25 years

$490,000Down payment (20.0%)
$1,960,000Loan before insurance
$0CMHC premium
$11,846Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,837
Property tax
$1,009
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,846

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

One-time closing costs

Ontario land transfer tax
$47,725
Estimated closing costs
$47,725

Plus your down payment of $490,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,117/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

$1,291,153Total interest paid
$3,251,153Total of all payments
Principal $1,960,000 Interest $1,291,153
YearPrincipalInterestBalance
1$43,739$86,307$1,916,261
2$45,725$84,321$1,870,536
3$47,801$82,245$1,822,736
4$49,971$80,075$1,772,764
5$52,240$77,806$1,720,524
6$54,612$75,434$1,665,912
7$57,092$72,954$1,608,821
8$59,684$70,362$1,549,137
9$62,394$67,652$1,486,743
10$65,227$64,819$1,421,516
11$68,188$61,858$1,353,328
12$71,284$58,762$1,282,044
13$74,521$55,525$1,207,523
14$77,904$52,142$1,129,619
15$81,441$48,605$1,048,178
16$85,139$44,907$963,038
17$89,005$41,041$874,033
18$93,046$37,000$780,987
19$97,271$32,775$683,717
20$101,687$28,359$582,029
21$106,304$23,742$475,725
22$111,131$18,915$364,594
23$116,177$13,869$248,417
24$121,452$8,595$126,966
25$126,966$3,080$0

At the end of your 5-year term

Total paid over the term
$650,231
Principal paid down
$239,476
Interest paid
$410,755
Balance remaining
$1,720,524

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$7,350/mo
$88,200Gross annual rent
2.7%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.

3.6%
Gross yield
− Property tax $12,102− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,996

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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