40 Pitney Avenue, Richmond Hill, ON
Jefferson, Richmond Hill · MLS® N13850118
About this home
The Perfect 3 Bedroom Freehold Townhouse In Richmond Hill's Prestigious And Family Friendly Jefferson Community, Beautifully Refreshed With Extensive 2026 Updates And Move In Ready * Welcoming Front Porch With Seating Area * Bright Open Concept Main Floor With Large Windows, Rare North And South Exposure, 9 Ft Ceilings And A Cozy Family Room With Gas Fireplace * Smooth Ceilings, New Flooring, Modern Light Fixtures And Fresh Paint Throughout * Renovated Bathrooms * Upgraded Kitchen With Quartz Countertops, Stainless Steel Appliances And A Large Island With Sink And Seating, Plus Newer Stove And Dishwasher (2025) * Walkout To Deck And Fully Fenced Backyard With Patio Area * Freshly Stained Deck And Fence * Rare Staggered Design With Side Separation Beside The Family Room, Offering Added Privacy And A More Open Feel * Spacious Primary Bedroom With Two Walk In Closets, Custom Built In Shelving And Drawers, Plus A 4 Pc Ensuite With Freestanding Soaker Tub And Glass Shower Enclosure * Direct Access From Garage To The Home, Plus Separate Access Through The Garage To The Backyard * Level 2 EV Charger In Garage * Several Windows Recently Replaced * Close To Yonge St, Top Rated Schools, Tim Hortons, LCBO, Plazas, Farm Boy, Gyms, Medical Clinics, Restaurants And Cafes, Viva Transit And Bus Stops * Parks And Trails Within Walking Distance * Convenient Access To Hwy 404, Hwy 400 And Major Routes * A Must See Home!
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13850118
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 24.61 × 88.58 ft
- Cross streets
- Yonge St & Jefferson Side Rd.
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,510 / 2025
- Days on market
- 18
- Listing brokerage
- RE/MAX EXPERTS
Rooms
tile floor · w/o to deck
large window · overlooks frontyard
fireplace · combined w/dining
large window · large closet
large window · his and hers closets
large window · closet organizers
quartz counter · centre island
open concept · combined w/family
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 readThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $609/sqft; this home lists at $569/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Jefferson, Richmond Hill, ON
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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
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 $796,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,401
- Property tax
- $376
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,777
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,375
- Estimated closing costs
- $16,375
Plus your down payment of $199,000. 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
- $264,073
- Principal paid down
- $97,257
- Interest paid
- $166,817
- Balance remaining
- $698,743
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.




