32 Aranka Court, Richmond Hill, ON
North Richvale, Richmond Hill · MLS® N13868250
About this home
In short
- Welcome to 32 Aranka Court, a beautifully updated detached home nestled at the end of a quiet, child-safe cul-de-sac in Richmond Hill's highly sought-after North...
- This exceptional property sits on an expansive, premium pie-shaped lot, striking the perfect balance between serene suburban living and vibrant city convenience.
- The sun-filled main level features a bright open-concept layout with premium flooring, smooth ceilings, and a renovated eat-in kitchen with stainless steel appliances...
- Upstairs hosts three generously sized bedrooms and modern, renovated washrooms, while the main floor offers direct garage access and main-level laundry for ultimate...
- This bright lower unit functions completely independently with its own second kitchen, spacious open-concept living area, bedroom, full three-piece bathroom.
Welcome to 32 Aranka Court, a beautifully updated detached home nestled at the end of a quiet, child-safe cul-de-sac in Richmond Hill's highly sought-after North Richvale neighbourhood. This exceptional property sits on an expansive, premium pie-shaped lot, striking the perfect balance between serene suburban living and vibrant city convenience. The sun-filled main level features a bright open-concept layout with premium flooring, smooth ceilings, and a renovated eat-in kitchen with stainless steel appliances that walks out to a massive backyard oasis complete with a multi-level deck. Upstairs hosts three generously sized bedrooms and modern, renovated washrooms, while the main floor offers direct garage access and main-level laundry for ultimate everyday convenience. The defining feature of this turnkey property is its professionally finished, self-contained lower level boasting a separate side entrance, own laundry, perfect for an extended family suite . This bright lower unit functions completely independently with its own second kitchen, spacious open-concept living area, bedroom, full three-piece bathroom. Located just minutes from top-rated schools, Hillcrest Mall, Rumble Pond Park, and major commuter arteries like Yonge Street, Highway 407, and the Go Station, this versatile home offers a rare blend of premium multi-generational comfort and smart financial potential. ******Pictures has been enhance with AI******* Seller and agent does not guarantee the retrofit status of the basement.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13868250
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 25.36 × 1 ft
- Cross streets
- Bathurst And Carrville
- Parking
- 1.5 garage · 5.5 parking (built-in)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,100 / 2026
- Days on market
- 13
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
hardwood floor · w/o to patio
Laminate
hardwood floor · closet · window
Hardwood Floor
Laminate
hardwood floor · combined w/dining · window
Laminate
hardwood floor · closet · window
Listed at $999,999. Going by how homes in North Richvale and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $969K, if it sells. A realistic range is $908K to $1.09M.
Independent value check: $1.14M. Without looking at the asking price, our model values the home itself about 14% above the ask (homes like it typically land between $1.07M and $1.19M).
Why $1.14M. The typical detached home sold in North Richvale over the past year went for about $1.28M (60 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $6,100 a year; the typical home sold here pays about $6,400.
- ▼ Lowers it slightlyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it slightly1.5 garage and 5.5 total parking spaces, against 2 and 5 typically.
Total price vs nearby homes. Likely closing about $969K, from 16 recent closings in this pocket.
The market behind the math:
About 2.1 months of inventory: 11 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $769/sqft against an area asking average of $793/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in North Richvale: 32 of the 119 detached leases here lately were basement units, around $1,725 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.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.07M. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($769/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
Based on 16 comparable homes that sold in North Richvale over the past two years, from 147 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $859/sqft; this home lists at $769/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
North Richvale, 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
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 $799,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $508
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,932
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,475
- Estimated closing costs
- $16,475
Plus your down payment of $200,000. 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
- $265,400
- Principal paid down
- $97,745
- Interest paid
- $167,655
- Balance remaining
- $702,254
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 North Richvale (32 of 119 recent detached leases were basement units, around $1,725 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,725 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 30 whole-home leases in North Richvale signed at a median of $3,061 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,990. 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 RIGHT AT HOME REALTY. MLS®/PropTx.