49 Pearson Avenue, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13865568

$1,879,900
For Sale
Listed 13 days agoNo offer date stated
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4+2Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Discover Exceptional Space, Style & Versatility In This Impressive Executive Home, Nestled In a Sought-After Neighbourhood, Surrounded By Multi-Million Dollar Estate...
  • An Elegant Circular Staircase With Wrought Iron Pickets Creates A Striking Focal Point, While High Ceilings, Hardwood Floors & Pot Lighting Enhance The Inviting Open...
  • The Beautifully Appointed Custom Kitchen Offers Ample Room For Everyday meals & Family Gatherings.
  • The Professionally Finished Basement Feature A Separate Entrance, Two Bedrooms, Two Bathrooms, A Full Kitchen & Separate Laundry Area, Offering Flexibility Foe...
  • Property Is Being Sold Under Power Of Sale " AS Is Where Is".

Discover Exceptional Space, Style & Versatility In This Impressive Executive Home, Nestled In a Sought-After Neighbourhood, Surrounded By Multi-Million Dollar Estate Residences. An Elegant Circular Staircase With Wrought Iron Pickets Creates A Striking Focal Point, While High Ceilings, Hardwood Floors & Pot Lighting Enhance The Inviting Open Concept Layout. Generous Living & Dining Areas provide A Wonderful Setting For Entertaining, Complemented By A Spacious Family Room With Sliding Doors Opening To The Garden. The Beautifully Appointed Custom Kitchen Offers Ample Room For Everyday meals & Family Gatherings. Four Spacious bedrooms Include A Welcoming Primary Retreat With A Walk-in Closet & A Six Piece Ensuite. Renovated Bathrooms Add to This Homes Appeal. The Professionally Finished Basement Feature A Separate Entrance, Two Bedrooms, Two Bathrooms, A Full Kitchen & Separate Laundry Area, Offering Flexibility Foe Extended Family & Guests. An Attached Double Garage & Private Double Driveway Provide parking For Six Vehicles. Enjoy This Convenient Location Within Walking Distance To Hillcrest mall, Parks, Library, Schools And Excellent Transportation With Easy Access To The 404 & 407. An Outstanding Opportunity To Enjoy Gracious Family Living In A Desirable Setting. Property Is Being Sold Under Power Of Sale " AS Is Where Is". Lock Box For Easy Showings

Key facts

Property type
Detached, 2-Storey
MLS®
N13865568
Bedrooms
4+2 (6 total)
Bathrooms
5 (2 half)
Size
2500-3000 sq ft
Lot
100.06 × 71.62 ft
Cross streets
Yonge/Hwy 7
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,284 / 2025
Days on market
13
Listing brokerage
GET SOLD REALTY INC.

Rooms

RecreationBasement6.17 × 3.88 m

Laminate

Bedroom 3Second4.60 × 3.15 m

large closet · hardwood floor

Living RoomGround6.01 × 4.35 m

pot lights · hardwood floor · overlooks garden

KitchenGround5.68 × 3.48 m

quartz counter · hardwood floor · pot lights

KitchenBasement5.28 × 4.27 m

ceramic floor · breakfast area

Dining RoomGround4.41 × 3.03 m

bay window · pot lights · hardwood floor

Family RoomGround4.78 × 4.64 m

hardwood floor · sliding doors · w/o to garden

Bedroom 4Second4.30 × 3.60 m

double closet · hardwood floor

Primary BedroomSecond4.47 × 4.35 m

6 pc ensuite · walk-in closet(s) · hardwood floor

Bedroom 2Second3.27 × 3.15 m

double closet · hardwood floor

BedroomBasement4.35 × 4.20 m

3 pc bath · double closet

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
What sellers nearby are askingCurrently listed nearby in South Richvale · asking prices
$3.73Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,299/sqft; this home lists at $684/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.88MThis home1.87M2.25M2.00M8.80MThis home vs active comparables

Neighbourhood & location

South Richvale, 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.

North Richvale
$1.51M
Observatory
$2.02M
Mill Pond
$1.71M
Bayview Hill
$2.52M
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
$8,568/mo
$360KIncome needed
5.2×Price ÷ income
$1,977Weekly cost
$34,073Land 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.

90%mortgage
Mortgage $8,568Property tax $940Total carry $9,508

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)
$8,315per month

Mortgage amount $1,503,920 · 4.49% over 25 years

$375,980Down payment (20.0%)
$1,503,920Loan before insurance
$0CMHC premium
$9,256Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,315
Property tax
$940
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,256

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

One-time closing costs

Ontario land transfer tax
$34,073
Estimated closing costs
$34,073

Plus your down payment of $375,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,064/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

$990,710Total interest paid
$2,494,630Total of all payments
Principal $1,503,920 Interest $990,710
YearPrincipalInterestBalance
1$33,561$66,224$1,470,359
2$35,085$64,700$1,435,274
3$36,678$63,107$1,398,596
4$38,343$61,442$1,360,253
5$40,084$59,701$1,320,169
6$41,904$57,881$1,278,265
7$43,807$55,978$1,234,458
8$45,796$53,989$1,188,662
9$47,875$51,910$1,140,787
10$50,049$49,736$1,090,738
11$52,321$47,464$1,038,417
12$54,697$45,088$983,720
13$57,180$42,605$926,540
14$59,776$40,009$866,764
15$62,491$37,295$804,273
16$65,328$34,457$738,945
17$68,294$31,491$670,651
18$71,395$28,390$599,256
19$74,636$25,149$524,620
20$78,025$21,760$446,595
21$81,568$18,217$365,027
22$85,271$14,514$279,755
23$89,143$10,642$190,612
24$93,191$6,595$97,422
25$97,422$2,363$0

At the end of your 5-year term

Total paid over the term
$498,926
Principal paid down
$183,751
Interest paid
$315,175
Balance remaining
$1,320,169

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$5,250/mo
$63,000Gross annual rent
2.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.4%
Gross yield
− Property tax $11,284− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $43,386

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

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