126 Garden Avenue, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13881874

$5,880,000
For Sale
Listed 10 days agoNo offer date stated
Request a showing
◎ Directions
5+1Bedrooms
7Bathrooms
3Garage · 13 parking
5,000Sq ft

About this home

In short

  • A Rare Architectural Statement in Prestigious South Richvale.
  • This breathtaking custom-designed residence offers approximately 5,166 sq. ft. above grade, combining striking architecture, exceptional construction and refined...
  • Inside, soaring ceilings and expansive windows create a dramatic sense of scale and fill the home with natural light.
  • Ideally positioned just minutes from Yonge Street's finest dining, upscale shopping, golf courses and top-ranked schools, this is a rare opportunity to own a newly...

A Rare Architectural Statement in Prestigious South Richvale. This breathtaking custom-designed residence offers approximately 5,166 sq. ft. above grade, combining striking architecture, exceptional construction and refined luxury in one of Richmond Hill's most coveted enclaves.Built with concrete exterior walls from the basement through the second floor, the home delivers exceptional durability, superior insulation and a remarkably quiet, solid presence. A grand heated circular driveway creates an impressive arrival while providing effortless winter access.Inside, soaring ceilings and expansive windows create a dramatic sense of scale and fill the home with natural light. The sophisticated layout is equally suited to elegant entertaining and family living, with every bedroom featuring its own private ensuite. The luxurious primary retreat includes a private steam sauna, creating a true spa-inspired escape.Geothermal in-floor heating extends throughout all five bathrooms, as well as tiled areas of the main floor and lower level, delivering exceptional year-round comfort and energy efficiency. The lower level is designed for leisure and entertaining, featuring a dedicated home theatre and dry sauna.A private rooftop garden provides a spectacular outdoor retreat with panoramic views-an exceptional feature rarely found in new luxury construction.Currently in the final stage of interior finishing, the residence is being completed with bespoke millwork, designer finishes, premium appliances and meticulously selected luxury details throughout.Ideally positioned just minutes from Yonge Street's finest dining, upscale shopping, golf courses and top-ranked schools, this is a rare opportunity to own a newly built custom residence that combines architectural presence, exceptional construction and uncompromising luxury in prestigious South Richvale.

Key facts

Property type
Detached, 2-Storey
MLS®
N13881874
Bedrooms
5+1 (6 total)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
72.95 × 145.79 ft
Cross streets
YONGE & HWY 7
Parking
3 garage · 13 parking (attached)
Driveway
Private Triple
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,621 / 2025
Days on market
10
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomMain3.68 × 3.25 m

porcelain floor · large window · pot lights

Family RoomMain6.15 × 4.95 m

porcelain floor · crown moulding · open concept

Bedroom 5Second3.96 × 3.20 m

hardwood floor · 4 pc ensuite · large window

Bedroom 4Second4.01 × 3.45 m

hardwood floor · 4 pc ensuite · b/i closet

DenSecond4.80 × 3.43 m

hardwood floor · skylight

Bedroom 3Second4.01 × 3.91 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

LibraryMain4.47 × 4.90 m

porcelain floor · large window · pot lights

Dining RoomMain5.69 × 4.90 m

porcelain floor · large window · open concept

Bedroom 2Second4.29 × 3.20 m

hardwood floor · 4 pc ensuite · large window

RecreationBasement12.24 × 4.85 m

laminate · electric fireplace · pot lights

KitchenMain6.30 × 3.28 m

porcelain floor · stainless steel appl · backsplash

Primary BedroomSecond5.89 × 4.17 m

hardwood floor · 5 pc ensuite · his and hers closets

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

South 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.

North Richvale
$1.46M
Observatory
$2.02M
Mill Pond
$1.50M
Bayview Hill
$2.52M
Crosby
$1.92M

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
$26,799/mo
$1023KIncome needed
5.7×Price ÷ income
$6,184Weekly cost
$133,475Land 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.

99%mortgage
Mortgage $26,799Property tax $385Total carry $27,184

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$26,009per month

Mortgage amount $4,704,000 · 4.49% over 25 years

$1,176,000Down payment (20.0%)
$4,704,000Loan before insurance
$0CMHC premium
$26,394Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$26,009
Property tax
$385
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$26,394

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

One-time closing costs

Ontario land transfer tax
$133,475
Estimated closing costs
$133,475

Plus your down payment of $1,176,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$31,480/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

$3,098,767Total interest paid
$7,802,767Total of all payments
Principal $4,704,000 Interest $3,098,767
YearPrincipalInterestBalance
1$104,973$207,137$4,599,027
2$109,739$202,371$4,489,287
3$114,722$197,389$4,374,565
4$119,931$192,180$4,254,634
5$125,376$186,734$4,129,258
6$131,069$181,042$3,998,189
7$137,020$175,091$3,861,169
8$143,241$168,870$3,717,928
9$149,745$162,366$3,568,183
10$156,544$155,567$3,411,639
11$163,652$148,459$3,247,988
12$171,082$141,029$3,076,906
13$178,850$133,261$2,898,056
14$186,970$125,140$2,711,086
15$195,460$116,651$2,515,626
16$204,334$107,776$2,311,292
17$213,612$98,499$2,097,680
18$223,311$88,800$1,874,369
19$233,450$78,661$1,640,920
20$244,049$68,061$1,396,870
21$255,130$56,980$1,141,740
22$266,714$45,397$875,026
23$278,824$33,287$596,202
24$291,484$20,627$304,718
25$304,718$7,392$0

At the end of your 5-year term

Total paid over the term
$1,560,553
Principal paid down
$574,742
Interest paid
$985,811
Balance remaining
$4,129,258

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$10,500/mo
$126,000Gross annual rent
1.8%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.

2.1%
Gross yield
− Property tax $4,621− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $106,119

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

CallRequest a showing