28 Scott Drive, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N13876760
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About this home
In short
- Exquisite Custom Estate in Prestigious South RichvaleCrafted by Mahzad Homes, this 50 feet wide sun-filled masterpiece offers 8000 sqft of refined luxury.
- Featuring soaring 12-ft ceilings, oversized windows, and elegant archways, the open-concept layout is both grand and inviting.
- Designed by an artist, the main gourmet kitchen is truly one of a kind.
- This home includes 5 spacious bedrooms with private ensuites, two laundry rooms, a luxurious mudroom, and a full-size elevator servicing all three floors.
- Outside, enjoy an oversized covered concrete porch and a resort-style pool, surrounded by lush landscaping and extended grounds with potential to sever an additional...
Exquisite Custom Estate in Prestigious South RichvaleCrafted by Mahzad Homes, this 50 feet wide sun-filled masterpiece offers 8000 sqft of refined luxury. Featuring soaring 12-ft ceilings, oversized windows, and elegant archways, the open-concept layout is both grand and inviting.The show-stopping kitchen is magazine-worthy a modern white oak and Calacatta marble dream, complete with a bar, oversized island, and full suite of German Thermador appliances in both the main and prep kitchens. Designed by an artist, the main gourmet kitchen is truly one of a kind.This home includes 5 spacious bedrooms with private ensuites, two laundry rooms, a luxurious mudroom, and a full-size elevator servicing all three floors. The basement is walk-out, with radiant heated floors, a stylish bar, home theatre, two extra bedrooms, and a large multipurpose room.Outside, enjoy an oversized covered concrete porch and a resort-style pool, surrounded by lush landscaping and extended grounds with potential to sever an additional lot in the future. The 3-car garage, snow-melt driveway, dual HVAC systems, and built-in smart features ensure seamless comfort.Located among Richmond Hills finest homes and steps from elite schools, golf, and amenities, this estate is a rare blend of craftsmanship, design, and future potential.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13876760
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 50.08 × 314 ft
- Cross streets
- Yonge & Hwy 7
- Parking
- 3 garage · 9 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $9,800 / 2026
- Days on market
- 11
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
b/i shelves · pot lights · porcelain floor
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · crown moulding · panelled
hardwood floor · gas fireplace · b/i bookcase
walk-out · heated floor · wet bar
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · b/i appliances · combined w/kitchen
Porcelain Floor
broadloom · built-in speakers · wood trim
hardwood floor · 4 pc ensuite · b/i closet
hardwood floor · overlooks backyard · breakfast area
hardwood floor · centre island · b/i appliances
hardwood floor · gas fireplace · panelled
wet bar · gas fireplace · b/i shelves
hardwood floor · 4 pc ensuite · walk-in closet(s)
vinyl floor · 3 pc bath · combined w/rec
vinyl floor · combined w/laundry · b/i closet
hardwood floor · 7 pc ensuite · gas fireplace
vinyl floor · heated floor · 3 pc ensuite
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
South Richvale, Richmond Hill, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $4,238,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,435
- Property tax
- $817
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $24,252
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $118,925
- Estimated closing costs
- $118,925
Plus your down payment of $1,059,600. 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
- $1,406,090
- Principal paid down
- $517,854
- Interest paid
- $888,236
- Balance remaining
- $3,720,546
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.