7 Monaco Crescent, Richmond Hill, ON

Rouge Woods, Richmond Hill · MLS® N13848180

$1,428,000
For Sale
Listed 18 days agoNo offer date stated
Request a showing
◎ Directions
4+1Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Beautifully Newly Upgraded Home Tucked Away On A Quiet Street In Richmond Hill's Highly Sought-After Rouge Woods Community! $180K Spent on Premium Upgrades From Top...
  • A Modern Chef's Kitchen Boasts High-End Café Appliances, Custom Granite Countertops, A Custom Backsplash, A Centre Island, And A Breakfast Area With Picture Windows.
  • The Spacious Family Room Offers A Direct Walk-Out To A Beautiful Backyard Oasis Upgraded With Custom Interlocking.
  • An Updated Staircase With Elegant Wrought-Iron Pickets Leads Upstairs, Where The Luxurious Primary Bedroom Features A 4-Piece Spa-Inspired Ensuite And A Large Closet.
  • The Fully Finished Basement Significantly Expands Your Living Space, Offering An Extra Bedroom, A Large Recreation Area, And A Updated 3-Piece Bathroom.

Beautifully Newly Upgraded Home Tucked Away On A Quiet Street In Richmond Hill's Highly Sought-After Rouge Woods Community! $180K Spent on Premium Upgrades From Top to Bottom !This Meticulously Maintained, Bright, South-Facing Property Features Impressive Open-Concept Layout With 9-Ft Ceilings On The Main Floor, Engineered Flooring, And Pot Lights Throughout. The Grand Living And Dining Room Overlooks The Front Yard With Large Windows Flooding The Space With Natural Light. A Modern Chef's Kitchen Boasts High-End Café Appliances, Custom Granite Countertops, A Custom Backsplash, A Centre Island, And A Breakfast Area With Picture Windows. The Spacious Family Room Offers A Direct Walk-Out To A Beautiful Backyard Oasis Upgraded With Custom Interlocking. An Updated Staircase With Elegant Wrought-Iron Pickets Leads Upstairs, Where The Luxurious Primary Bedroom Features A 4-Piece Spa-Inspired Ensuite And A Large Closet. All Bathrooms Are Finished With Granite Countertops. The Fully Finished Basement Significantly Expands Your Living Space, Offering An Extra Bedroom, A Large Recreation Area, And A Updated 3-Piece Bathroom. Complete With Direct Garage Access. Perfectly Situated Near Top-Ranking Schools, Richmond Green Sports Centre, Parks, Shopping, And Public Transit, With Quick Access To Highways 404 And 407. This Is An Exceptional Opportunity To Own Your Dream Home-Don't Miss Out!

Key facts

Property type
Detached, 2-Storey
MLS®
N13848180
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
32.51 × 107.24 ft
Cross streets
Bayview/Major Mac
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,530 / 2025
Days on market
18
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Living RoomMain4.60 × 5.00 m

combined w/dining · pot lights · 2 pc bath

Primary BedroomSecond4.35 × 3.65 m

large closet · 4 pc ensuite · overlooks backyard

Great RoomBasement5.00 × 4.20 m

Closet

BedroomBasement3.55 × 3.00 m

Closet

BedroomSecond2.70 × 2.77 m
BreakfastMain4.39 × 3.31 m

combined w/kitchen · large window · ceramic floor

Dining RoomMain4.60 × 5.00 m

combined w/living · pot lights

Family RoomMain5.40 × 3.30 m

w/o to yard · wet bar · pot lights

BedroomSecond4.10 × 4.50 m

fireplace · large window

BedroomSecond2.70 × 3.00 m
KitchenMain4.39 × 3.31 m

centre island · overlooks backyard

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

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.

Crosby
$2.05M
Bayview Hill
$2.52M
Observatory
$2.02M
Mill Pond
$1.71M
Rural Richmond Hill
$1.66M

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
$6,508/mo
$268KIncome needed
5.3×Price ÷ income
$1,502Weekly cost
$25,035Land 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 $6,508Property tax $544Total carry $7,053

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,317per month

Mortgage amount $1,142,400 · 4.49% over 25 years

$285,600Down payment (20.0%)
$1,142,400Loan before insurance
$0CMHC premium
$6,861Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,317
Property tax
$544
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,861

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

One-time closing costs

Ontario land transfer tax
$25,035
Estimated closing costs
$25,035

Plus your down payment of $285,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,645/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

$752,558Total interest paid
$1,894,958Total of all payments
Principal $1,142,400 Interest $752,558
YearPrincipalInterestBalance
1$25,494$50,305$1,116,906
2$26,651$49,147$1,090,255
3$27,861$47,937$1,062,394
4$29,126$46,672$1,033,268
5$30,449$45,350$1,002,820
6$31,831$43,967$970,989
7$33,276$42,522$937,713
8$34,787$41,011$902,925
9$36,367$39,432$866,559
10$38,018$37,781$828,541
11$39,744$36,054$788,797
12$41,548$34,250$747,249
13$43,435$32,363$703,814
14$45,407$30,391$658,407
15$47,469$28,330$610,938
16$49,624$26,174$561,314
17$51,877$23,921$509,437
18$54,233$21,566$455,204
19$56,695$19,103$398,509
20$59,269$16,529$339,240
21$61,960$13,838$277,280
22$64,773$11,025$212,506
23$67,714$8,084$144,792
24$70,789$5,009$74,003
25$74,003$1,795$0

At the end of your 5-year term

Total paid over the term
$378,992
Principal paid down
$139,580
Interest paid
$239,411
Balance remaining
$1,002,820

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
1.8%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.

2.6%
Gross yield
− Property tax $6,530− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,712

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

CallRequest a showing