54 Theobalds Circle, Richmond Hill, ON

Mill Pond, Richmond Hill · MLS® N13871220

$2,150,000
For Sale
Listed 12 days agoNo offer date stated
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4+2Bedrooms
5Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • A stately centre-hall Georgian residence, thoughtfully reimagined by award-winning design firm BiglarKinyan for modern family living.
  • Set on one of Heritage Estates' most coveted streets, this beautifully renovated home combines timeless architecture and refined interiors.
  • A dramatic two-storey foyer, sweeping curved staircase, Palladian windows and 9-foot main-floor ceilings create an immediate sense of scale and natural light.
  • Elegant living and dining rooms complement a library/home office, bespoke kitchen with upscale appliances, mudroom and sunken family room approaching 10-foot ceilings.
  • Landscaped gardens, pergola, long driveway and detached carriage-style garage complete the property.

A stately centre-hall Georgian residence, thoughtfully reimagined by award-winning design firm BiglarKinyan for modern family living. Set on one of Heritage Estates' most coveted streets, this beautifully renovated home combines timeless architecture and refined interiors. A dramatic two-storey foyer, sweeping curved staircase, Palladian windows and 9-foot main-floor ceilings create an immediate sense of scale and natural light. Elegant living and dining rooms complement a library/home office, bespoke kitchen with upscale appliances, mudroom and sunken family room approaching 10-foot ceilings. Expansive windows frame tranquil south-facing garden views and connect the principal living spaces to the outdoors. Upstairs, four bedrooms include a primary retreat with sitting area and beautifully appointed ensuite. The finished lower level offers recreation and entertainment space, plus two additional rooms and baths. Landscaped gardens, pergola, long driveway and detached carriage-style garage complete the property. Area Catholic high school St. Theresa of Lisieux ranked #1 in Ontario, scoring 10/10 in the Fraser Institute's 2025 report. Moments from Mill Pond Park, wooded and paved trails, tennis, playgrounds, shops and restaurants, 54 Theobalds Circle offers a rare combination of distinguished architecture, nature and community.

Key facts

Property type
Detached, 2-Storey
MLS®
N13871220
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
53.86 × 114.94 ft
Cross streets
Bathurst And Major Mack
Parking
2 garage · 8 parking (detached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,992 / 2026
Days on market
12
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomBasement3.78 × 3.93 m

laminate · 3 pc bath · window

BedroomBasement3.69 × 3.37 m

laminate · 3 pc bath

Family RoomMain4.11 × 5.44 m

hardwood floor · fireplace · overlooks backyard

RecreationBasement12.71 × 4.97 m

laminate · pot lights

Bedroom 4Second4.21 × 3.80 m

hardwood floor · closet · window

KitchenMain4.80 × 5.37 m

b/i appliances · centre island · eat-in kitchen

Bedroom 3Second3.72 × 3.80 m

hardwood floor · window · double closet

Living RoomMain5.60 × 3.75 m

hardwood floor · pot lights · bay window

Bedroom 2Second4.35 × 3.80 m

hardwood floor · double closet · window

Dining RoomMain4.51 × 3.74 m

hardwood floor · window · pot lights

LibraryMain3.29 × 3.76 m

b/i bookcase · hardwood floor · window

Primary BedroomSecond6.63 × 7.31 m

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

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

Mill Pond, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Westbrook
$1.58M
North Richvale
$1.51M
Crosby
$2.05M
Observatory
$2.02M
Rouge Woods
$1.77M

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
$9,799/mo
$399KIncome needed
5.4×Price ÷ income
$2,261Weekly cost
$40,225Land 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.

93%mortgage
Mortgage $9,799Property tax $749Total carry $10,548

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)
$9,510per month

Mortgage amount $1,720,000 · 4.49% over 25 years

$430,000Down payment (20.0%)
$1,720,000Loan before insurance
$0CMHC premium
$10,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,510
Property tax
$749
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,260

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

One-time closing costs

Ontario land transfer tax
$40,225
Estimated closing costs
$40,225

Plus your down payment of $430,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,511/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

$1,133,053Total interest paid
$2,853,053Total of all payments
Principal $1,720,000 Interest $1,133,053
YearPrincipalInterestBalance
1$38,383$75,739$1,681,617
2$40,126$73,996$1,641,491
3$41,948$72,174$1,599,543
4$43,852$70,270$1,555,691
5$45,843$68,279$1,509,848
6$47,925$66,197$1,461,923
7$50,101$64,021$1,411,822
8$52,376$61,747$1,359,447
9$54,754$59,368$1,304,693
10$57,240$56,882$1,247,453
11$59,839$54,284$1,187,615
12$62,556$51,567$1,125,059
13$65,396$48,726$1,059,663
14$68,365$45,757$991,298
15$71,469$42,653$919,829
16$74,714$39,408$845,115
17$78,106$36,016$767,009
18$81,653$32,469$685,356
19$85,360$28,762$599,996
20$89,236$24,886$510,760
21$93,287$20,835$417,473
22$97,523$16,599$319,950
23$101,951$12,171$217,999
24$106,580$7,542$111,419
25$111,419$2,703$0

At the end of your 5-year term

Total paid over the term
$570,611
Principal paid down
$210,152
Interest paid
$360,458
Balance remaining
$1,509,848

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.

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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$6,300/mo
$75,600Gross annual rent
2.6%Cap rate after taxes and upkeep

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 $8,992− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,892

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

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