16 Wainwright Avenue, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13869362

$1,799,000
For Sale
Listed 13 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Nestled On A Premium 48.56 x 120 Ft Lot In Prestigious North Richvale, Surrounded By Multi-Million-Dollar Custom Homes, This Beautifully Maintained Detached Family...
  • Above Grade Per MPAC Plus Finished Basement.
  • The Second Floor Offers 4 Generous Bedrooms, Including A Spacious Primary Retreat With A 5-Pc Ensuite And Walk-In Closet.
  • Three Additional Bedrooms, Each With Hardwood Floors, Windows And Closets, Share A Well-Appointed 4-Pc Bath.
  • Finished Basement Apartment, Completed In 2020 With Approx. $100K Spent, Features Separate Entrance From Garage, Kitchen, Open Concept Recreation Area, Bedroom, 3-Pc...

Nestled On A Premium 48.56 x 120 Ft Lot In Prestigious North Richvale, Surrounded By Multi-Million-Dollar Custom Homes, This Beautifully Maintained Detached Family Home Offers Over 4,100 Sq.Ft. Of Total Living Space, Including 2,542 Sq.Ft. Above Grade Per MPAC Plus Finished Basement. South-Facing Exposure Fills The Home With Natural Light, While Its Quiet Dead-End Street Location With No Sidewalk Offers Privacy, Safety And Extra Driveway Convenience. Featuring A 2-Car Garage, Private Driveway With 6-Car Parking, And A Sun-Filled Fenced Backyard With Large Deck And Mature Greenery, This Is The Home Growing Families Have Been Waiting For. Step Inside To A Grand Curved Staircase, Rich Hardwood Floors, Pot Lights, And Bright, Inviting Principal Rooms Designed For Both Comfortable Family Living And Effortless Entertaining. The Elegant Living Room Features A Bay Window And French Doors, While The Formal Dining Room Overlooks The Backyard. The Updated Kitchen Features Changed Cabinet Doors, Stone Countertop, Stainless Steel Appliances, Backsplash, Breakfast Area And Large Windows, Flowing Into The Spacious Family Room With A Cozy Wood Fireplace And Walk-Out To The Deck, Creating The Perfect Backdrop For Summer Barbecues, Children's Play And Memorable Gatherings. The Second Floor Offers 4 Generous Bedrooms, Including A Spacious Primary Retreat With A 5-Pc Ensuite And Walk-In Closet. Three Additional Bedrooms, Each With Hardwood Floors, Windows And Closets, Share A Well-Appointed 4-Pc Bath. Finished Basement Apartment, Completed In 2020 With Approx. $100K Spent, Features Separate Entrance From Garage, Kitchen, Open Concept Recreation Area, Bedroom, 3-Pc Bath, Pot Lights, Tile Flooring, High Ceilings And 200-Amp Service, Ideal For Extended Family, In-Law Suite Or Rental Potential. Roof Shingles Changed In 2021. Furnace And A/C Owned. Prime Location Close To Parks, Schools, Hospital, Community Centre, Yonge St, Transit, Shopping, Restaurants, Library And All Amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13869362
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
48.56 × 120 ft
Cross streets
Yonge St / Weldrick Rd W
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Separate Entrance, Finished, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,513 / 2026
Days on market
13
Listing brokerage
EXP REALTY

Rooms

Bedroom 3Second3.84 × 3.83 m

hardwood floor · b/i closet · window

BreakfastMain3.85 × 2.79 m

tile floor · w/o to deck · pot lights

RecreationBasement8.27 × 6.04 m

tile floor · open concept · pot lights

Bedroom 2Second4.44 × 3.26 m

hardwood floor · b/i closet · overlooks backyard

Family RoomMain5.20 × 3.48 m

laminate · fireplace · pot lights

KitchenBasement3.83 × 2.36 m

tile floor · quartz counter · pot lights

Living RoomMain6.12 × 3.71 m

hardwood floor · bay window · pot lights

Dining RoomMain3.98 × 3.41 m

hardwood floor · pot lights · overlooks backyard

Bedroom 4Second3.34 × 3.34 m

hardwood floor · b/i closet · overlooks backyard

Primary BedroomSecond5.51 × 3.71 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

KitchenMain3.39 × 2.28 m

tile floor · stainless steel appl · backsplash

Bedroom 5Basement3.63 × 3.57 m

tile floor · b/i closet · pot lights

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

North 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.

South Richvale
$3.94M
Mill Pond
$1.56M
Observatory
$2.02M
Crosby
$2.05M
Westbrook
$1.58M

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
$8,199/mo
$338KIncome needed
5.3×Price ÷ income
$1,892Weekly cost
$32,455Land 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 $8,199Property tax $709Total carry $8,909

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)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,667Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$709
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,667

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

One-time closing costs

Ontario land transfer tax
$32,455
Estimated closing costs
$32,455

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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
2.6%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.

3.5%
Gross yield
− Property tax $8,513− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,157

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

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