18 Pheasant Drive, Richmond Hill, ON
Oak Ridges, Richmond Hill · MLS® N13847524
About this home
In short
- THIS RARE FIND STUNNING SPECTACULAR upgraded family home located in PREMIUM RAVINE LOT at the end of a private cul-de-sac in prestigious Oak Ridges community.
- Surrounded by nature and close to 22 parks, trails & recreational facilities, this EXCEPTIONAL home offers the perfect balance of peaceful living and community.
- Over 5000 sqft living space, this home welcomes you through an upgraded 9ft door into a bright, open foyer with decorative pillars.
- Beautiful hardwood floors & potlights throughout create a warm & inviting atmosphere.
- The professionally finished walk-out basement provides versatile living space for a recreation room, games room, gym or guest area, complete with a 5th bedroom & 3pc...
THIS *RARE FIND STUNNING SPECTACULAR* upgraded family home located in *PREMIUM RAVINE LOT* at the end of a private cul-de-sac in prestigious Oak Ridges community. Surrounded by nature and close to 22 parks, trails & recreational facilities, this EXCEPTIONAL home offers the perfect balance of peaceful living and community. Enjoy access to excellent Public, Catholic, Private & alternative schools & convenient transportation options. Over 5000 sqft living space, this home welcomes you through an upgraded 9ft door into a bright, open foyer with decorative pillars. Beautiful hardwood floors & potlights throughout create a warm & inviting atmosphere. The elegant dining room features coffered ceilings, potlights, exquisite chandelier & large windows providing an abundance of natural light. The entertainer's kitchen is truly impressive, offering upgraded quartz countertops, an oversized island with built-in microwave & wine fridge, top-of-the-line appliances, & a spacious eat-in area overlooking nature through the garden door to the upper deck. The family room is the heart of the home, boasting an impressive 18FT CEILING, abundant natural light, a striking light fixture & a welcoming gas fireplace. A bright office/den with large windows provides a perfect work-from-home space. Upstairs, the spacious primary suite features abundant natural light, a luxurious 5pc spa-like ensuite & a huge walk-in closet. Bedrooms 2 & 3 share a semi-ensuite, while bedroom 4 has its own 4pc ensuite. The professionally finished walk-out basement provides versatile living space for a recreation room, games room, gym or guest area, complete with a 5th bedroom & 3pc bathroom. Step outside to a lower patio surrounded by mature trees with beautiful landscape, or enjoy the upper deck-perfect for BBQs & entertaining. This is one of a kind home that you don't want to miss!!!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13847524
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 46.48 × 110.02 ft
- Cross streets
- Bathurst and Humberland Dr.
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,296 / 2026
- Days on market
- 18
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
hardwood floor · laundry sink · access to garage
hardwood floor · french doors · window
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · double closet · 4 pc ensuite
hardwood floor · double closet · semi ensuite
hardwood floor · quartz counter · centre island
laminate · w/o to yard · french doors
hardwood floor · w/o to yard · combined w/kitchen
hardwood floor · picture window · pot lights
hardwood floor · gas fireplace · large window
hardwood floor · walk-in closet(s) · semi ensuite
hardwood floor · coffered ceiling(s) · overlooks living
laminate · closet · window
Listed at $2,078,000. 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 $2.02M, if it sells. A realistic range is $1.89M to $2.27M.
Independent value check: $1.83M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.72M and $1.92M).
Why $1.83M. 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 it stronglyIts tax bill, which follows the city's own assessment, is $9,296 a year; the typical home sold here pays about $6,700.
- ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
Total price vs nearby homes. Likely closing about $2.02M, from 34 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $639/sqft against an area asking average of $623/sqft.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. 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.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my 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 $1.82M. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($639/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 34 comparable homes that sold in Oak Ridges over the past two years, from 211 closings there.
For sale
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $588/sqft; this home lists at $639/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.44M | 9 |
| December 2025 | $1.49M | 8 |
| February 2026 | $1.47M | 8 |
| March 2026 | $1.60M | 9 |
| April 2026 | $1.50M | 6 |
| May 2026 | $1.34M | 14 |
| June 2026 | $1.42M | 15 |
| July 2026 | $1.52M | 14 |
| August 2026 | $1.36M | 12 |
| September 2026 | $1.36M | 10 |
Neighbourhood & location
Oak Ridges, 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 $1,662,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,192
- Property tax
- $775
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,966
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $38,425
- Estimated closing costs
- $38,425
Plus your down payment of $415,600. 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
- $551,502
- Principal paid down
- $203,115
- Interest paid
- $348,387
- Balance remaining
- $1,459,285
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
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 numbersThe last 70 whole-home leases in Oak Ridges signed at a median of $5,590 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,235. 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 CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.