2 Kingshill Road, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13879508

$1,699,000
For Sale
Listed 10 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 2 Kingshill Road.
  • This beautifully updated detached home sits on a generous corner lot in Richmond Hill's Oak Ridges community, offering 4+1 bedrooms, 5 bathrooms and a double garage.
  • The home features a practical layout with spacious living and dining areas, hardwood floors and crown moulding.
  • Upstairs, the spacious primary bedroom features a 5-piece ensuite, while a second bedroom has its own 4-piece ensuite-an added convenience for family and guests.
  • The finished basement includes a kitchen, bedroom, full bathroom and recreation area, providing flexible space for extended family or everyday enjoyment.

Welcome to 2 Kingshill Road! This beautifully updated detached home sits on a generous corner lot in Richmond Hill's Oak Ridges community, offering 4+1 bedrooms, 5 bathrooms and a double garage. The home features a practical layout with spacious living and dining areas, hardwood floors and crown moulding. The oversized kitchen offers granite countertops, a centre island and a breakfast area with access to the backyard. A large family room with a gas fireplace creates a welcoming space to relax and gather. Upstairs, the spacious primary bedroom features a 5-piece ensuite, while a second bedroom has its own 4-piece ensuite-an added convenience for family and guests. The finished basement includes a kitchen, bedroom, full bathroom and recreation area, providing flexible space for extended family or everyday enjoyment. Outside, the private backyard features a deck, covered patio and interlocking, perfect for outdoor dining and summer gatherings. Updates include the roof (2018), air conditioning (2022), range hood (2023) and hot water tank (2024, rental). A spacious, inviting home with room for the whole family!

Key facts

Property type
Detached, 2-Storey
MLS®
N13879508
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
27.34 × 83 ft
Cross streets
Bathurst/King
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,727 / 2026
Days on market
10
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 3Second3.71 × 3.12 m

hardwood floor · crown moulding · b/i closet

Primary BedroomSecond5.21 × 4.57 m

hardwood floor · 5 pc ensuite · crown moulding

BreakfastGround4.27 × 3.05 m

ceramic floor · crown moulding · w/o to yard

Dining RoomGround6.71 × 3.35 m

hardwood floor · crown moulding · combined w/living

Family RoomGround4.87 × 3.66 m

hardwood floor · crown moulding · pot lights

Bedroom 2Second3.72 × 3.63 m

hardwood floor · 4 pc ensuite · crown moulding

KitchenGround4.27 × 2.68 m

quartz counter · backsplash · centre island

Bedroom 4Second3.68 × 3.30 m

hardwood floor · crown moulding · b/i closet

RecreationBasement5.17 × 3.56 m

laminate · pot lights · window

KitchenBasement5.93 × 3.31 m

tile floor · pot lights · window

BedroomBasement4.82 × 3.38 m

pot lights · window · separate room

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.65Mlikely sale price

Listed at $1,699,000. Going by how homes in Oak Ridges and the wider GTA have actually closed against their asking prices (about 97%, 34 local closings in 90 days), the likely sale price is near $1.65M, if it sells. A realistic range is $1.54M to $1.86M.

Independent value check: $1.47M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.38M and $1.54M).

Why $1.47M. The typical detached home sold in Oak Ridges over the past year went for about $1.41M (117 sales). What sets this one apart:

  • ▲ Raises it4+1 bedrooms and 5 baths, against 4+1 and 4 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.54MBelow recent closings$1.86MAbove recent closings

Total price vs nearby homes. Likely closing about $1.65M, from 34 recent closings in this pocket.

The market behind the math:

34sold nearby · 90 days
$1.35Mmedian sold price
98%of asking, on average
−8%prices vs a year ago
~31 dayshomes like this take to sell
10days on market so far
$5,672/moest. rent · 72 leases
4.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 22 detached homes for sale in the area against 34 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $618/sqft against an area asking average of $641/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 34 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.49M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($618/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 34 comparable homes that sold in Oak Ridges over the past two years, from 211 closings there.

Sold price trend

Median sold price for detached homes in Oak Ridges: $1.36M in September 2026, down 5% from a year ago, on 105 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.44M9
December 2025$1.49M8
February 2026$1.47M8
March 2026$1.60M9
April 2026$1.50M6
May 2026$1.34M14
June 2026$1.42M15
July 2026$1.52M14
August 2026$1.36M12
September 2026$1.36M10

Neighbourhood & location

Oak Ridges, 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.

Jefferson
$1.41M
Oak Ridges Lake Wilcox
$1.50M
Rural Richmond Hill
$1.66M
Westbrook
$1.58M
Mill Pond
$1.56M

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
$7,743/mo
$315KIncome needed
5.4×Price ÷ income
$1,787Weekly cost
$30,455Land 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.

93%mortgage
Mortgage $7,743Property tax $561Total carry $8,304

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)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,076Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Property tax
$561
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,076

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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
From 72 whole-home leases in Oak Ridges$5,672/mo
$68,064Gross annual rent
3.1%Cap rate after taxes and upkeep
$5,135 to $5,955Typical rent range
~38 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 72 whole-home leases in Oak Ridges signed at a median of $5,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,672. 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.

4.0%
Gross yield
− Property tax $6,727− Insurance $1,400− Vacancy & upkeep $7,487Net operating income $52,450

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

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