27 Addison Street, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13876006

$1,799,000
For Sale
Listed 11 days agoNo offer date stated
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5+2Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • ABSOLUTELY TOP SCHOOLS: St.
  • Also Well Maintained Stunning & Bright Spacious RoomsDelightful, this Detached House offers 5+2 bedrooms, 5 washrooms with a finished Walk-out Basement, sauna in...
  • The upper floor offers total 5 bedrooms / 3 full bathrooms, Includes a spacious master suite with a renovated luxurious 5-piece ensuite bathroom, Large windows.
  • Professionally finished walk-out basement serves as a versatile living space complete with 2 rooms, and a full bathroom.
  • The main floor features an open-concept living and dining area with hardwood floors throughout, pot lights, detailed mouldings, wainscotting, and large windows...

ABSOLUTELY TOP SCHOOLS: St. Theresa of Lisieux Catholic High School 9.9/10 ratings!!!! and Alexander Mackenzie High School 9.3/10 rating school!! St. Anne Catholic Elementary School 8.9/10 ratings!!! Perfect for your family and kids!!! Welcome to the famous quiet Addison St, Huge Lot 50.02x120. Total living space area approximately 5000 sq ft. Also Well Maintained Stunning & Bright Spacious Rooms**Delightful, this Detached House offers 5+2 bedrooms, 5 washrooms with a finished Walk-out Basement, sauna in basement and full washroom included. There is beautiful moonlight going up to 2nd floor! Walking Distance 100 m to Yonge St. The family room and basement each have a gas fireplace. This beautiful detached house surrounded by multimillion-dollar homes in a quiet residential street. Oversized modern kitchen, with premium quartz countertops and morden stainless steel appliances. The upper floor offers total 5 bedrooms / 3 full bathrooms, Includes a spacious master suite with a renovated luxurious 5-piece ensuite bathroom, Large windows. Professionally finished walk-out basement serves as a versatile living space complete with 2 rooms, and a full bathroom. This rarely offered residence is located on a quiet crescent in the heart of Richmond Hill.Beautifully landscaped front yard, this home offers strong curb appeal and timeless elegance. The main floor features an open-concept living and dining area with hardwood floors throughout, pot lights, detailed mouldings, wainscotting, and large windows overlooking both the front and back yards. The family room with fireplace and walk-out to the backyard connects seamlessly to an upgraded kitchen complete with custom cabinetry, Close to parks, shopping, transit, and Hwy 404/407. A spacious area beside the basement recreation room offers excellent potential for a 2nd kitchen. Large windows provide ample natural light, with convenient water access from the adjacent utility room-creating the potential for a full basement apartment.

Key facts

Property type
Detached, 2-Storey
MLS®
N13876006
Bedrooms
5+2 (7 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
50.02 × 120 ft
Cross streets
Yonge/Major mackenzie
Parking
2 garage · 6 parking (attached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,146 / 2026
Days on market
11
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Dining RoomGround4.57 × 3.66 m

hardwood floor · moulded ceiling · combined w/living

Living RoomGround5.03 × 3.66 m

hardwood floor · combined w/dining · bay window

BedroomBasement0.00 × 0.00 m
SittingBasement0.00 × 0.00 m

Sauna

RecreationBasement0.00 × 0.00 m
Bedroom 4Second3.66 × 3.34 m

hardwood floor · semi ensuite · double closet

Bedroom 5Second3.66 × 3.37 m

hardwood floor · semi ensuite · walk-in closet(s)

Family RoomGround5.18 × 3.66 m

hardwood floor · moulded ceiling · marble fireplace

KitchenGround7.02 × 4.67 m

ceramic floor · breakfast area · w/o to deck

Bedroom 2Second3.66 × 3.34 m

hardwood floor · semi ensuite · closet

BedroomBasement0.00 × 0.00 m
LibraryGround3.66 × 3.05 m

hardwood floor · moulded ceiling · french doors

Bedroom 3Second3.66 × 3.66 m

hardwood floor · semi ensuite · closet

Primary BedroomSecond7.02 × 3.66 m

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

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 North Richvale · asking prices
$2.00Mavg asking

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 $615/sqft; this home lists at $554/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.80MThis home1.50M2.50M2.00MThis home vs active comparables

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.

Observatory
$2.02M
Mill Pond
$1.56M
Crosby
$2.05M
South Richvale
$3.94M
Bayview Hill
$2.52M

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
$340KIncome 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.

91%mortgage
Mortgage $8,199Property tax $762Total carry $8,961

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
$8,720Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$762
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,720

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$6,300/mo
$75,600Gross annual rent
3.2%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.

4.2%
Gross yield
− Property tax $9,146− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,738

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

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