54 Maple Grove Avenue, Richmond Hill, ON
Oak Ridges, Richmond Hill · MLS® N13848284
About this home
In short
- Welcome to 54 Maple Grove Avenue, an exceptional family residence offering an impressive 5,000+sq. ft. of finished living space and a fantastic layout designed for...
- The beautifully finished basement extends the living space even further, providing versatile room for recreation, media, exercise, hobbies or a home gym.
Welcome to 54 Maple Grove Avenue, an exceptional family residence offering an impressive 5,000+sq. ft. of finished living space and a fantastic layout designed for both everyday family life and effortless entertaining. Rarely offered, this spacious five-bedroom home features a highly sought-after main-floor office, generous principal rooms, and plenty of space for a growing family. The beautifully finished basement extends the living space even further, providing versatile room for recreation, media, exercise, hobbies or a home gym. With multiple living areas and thoughtfully designed spaces throughout, this is a home that can comfortably accommodate every stage of family life. Set in the sought-after Oak Ridges community of Richmond Hill, Maple Grove Avenue is surrounded by established residential streets, parks, trails and natural green space. The area offers a wonderful family-oriented lifestyle with convenient access to schools, shopping, dining and recreational facilities, while nearby Lake Wilcox and the Oak Ridges Moraine provide abundant opportunities to enjoy the outdoors. A rare opportunity to own a truly spacious home in a desirable Richmond Hill neighbourhood - an ideal place to put down roots, raise a family and enjoy for years to come.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13848284
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 56.27 × 112 ft
- Cross streets
- Yonge and King Side Road
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,574 / 2026
- Days on market
- 18
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
hardwood floor · semi ensuite · 4 pc ensuite
Hardwood Floor
hardwood floor · french doors
Hardwood Floor
ceramic floor · w/o to deck
hardwood floor · semi ensuite · 4 pc ensuite
Ceramic Floor
hardwood floor · semi ensuite · 4 pc ensuite
ceramic floor · eat-in kitchen
hardwood floor · semi ensuite · 4 pc ensuite
broadloom · wet bar · gas fireplace
Hardwood Floor
Broadloom
broadloom · 3 pc ensuite
Hardwood Floor
Listed at $1,849,000. 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 $1.79M, if it sells. A realistic range is $1.68M to $2.02M.
Independent value check: $1.71M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $1.60M and $1.79M).
Why $1.71M. 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 $8,574 a year; the typical home sold here pays about $6,700.
- ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
Total price vs nearby homes. Likely closing about $1.79M, from 34 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 13 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 $435/sqft against an area asking average of $661/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 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 highlights1 point 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
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($435/sqft) is below the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 34 comparable homes that sold in Oak Ridges over the past two years, from 211 closings there.
For sale
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 $1.71M, which is where my estimate comes from.
Per square foot, these ask about $582/sqft; this home lists at $435/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 20, 2026); conventional rates run a little higher.
Mortgage amount $1,479,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,179
- Property tax
- $715
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,893
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $33,455
- Estimated closing costs
- $33,455
Plus your down payment of $369,800. 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
- $490,725
- Principal paid down
- $180,731
- Interest paid
- $309,994
- Balance remaining
- $1,298,469
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 Oak Ridges signed at a median of $5,836 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,633. 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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.