72 Walmer Road, Richmond Hill, ON
North Richvale, Richmond Hill · MLS® N14031946
About this home
In short
- Imagine stepping out your back door and onto your own private nature walk, surrounded by mature trees, peaceful ravine views, and the beauty of nature in every season.
- Nestled on a quiet cul-de-sac in one of Richmond Hill's most sought-after neighbourhoods, this rare premium ravine lot offers an exceptional opportunity for...
- Backing onto a picturesque ravine, the property offers an extraordinary sense of privacy, tranquility, and connection to nature.
- Imagine morning walks among the trees, peaceful afternoons in your backyard, and the changing colours of the seasons right outside your door - all while enjoying the...
- Opportunities to own a premium ravine lot of this size and calibre are rarely available.
Imagine stepping out your back door and onto your own private nature walk, surrounded by mature trees, peaceful ravine views, and the beauty of nature in every season. Nestled on a quiet cul-de-sac in one of Richmond Hill's most sought-after neighbourhoods, this rare premium ravine lot offers an exceptional opportunity for homeowners, builders, and investors alike. While the frontage may appear modest from the street, the property expands dramatically toward the rear to an impressive 75.33 feet, creating a generous, flat building envelope ideal for a custom dream home. Backing onto a picturesque ravine, the property offers an extraordinary sense of privacy, tranquility, and connection to nature. Imagine morning walks among the trees, peaceful afternoons in your backyard, and the changing colours of the seasons right outside your door - all while enjoying the convenience of being close to top-rated schools, parks, shopping, and transit. The existing well-maintained 3-bedroom residence is comfortably livable, offering the flexibility to move in, rent it out, or hold the property while planning and designing your future home. Whether you envision a striking contemporary masterpiece or a timeless estate residence, this expansive property provides the perfect canvas to bring your vision to life. Opportunities to own a premium ravine lot of this size and calibre are rarely available. Secure your place on one of Richmond Hill's coveted streets and create a home where luxury, privacy, and nature come together. Lot is Irregular. Dimensions (as per MPAC) : 8.36 ft x 16.63 ft x 33.83 ft x 37.86 ft x 217.51 ft x 45.87 ft x 40.49 ft x 11.61 ft x 18.93 ft x 1.54 ft x 328.38 ft x 16.73 ft x 18.36 f. **Speak to LA lot widens to 75 ft (middle of the driveway)
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14031946
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 18.36 × 328.36 ft
- Cross streets
- Bathurst and Weldrick
- Parking
- 1 garage · 7 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,225 / 2025
- Days on market
- 5
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
hardwood floor · w/w closet · pot lights
stainless steel appl · ceramic floor · w/o to deck
hardwood floor · pot lights
cathedral ceiling(s) · walk-in closet(s) · 5 pc ensuite
cathedral ceiling(s) · hardwood floor · combined w/sitting
hardwood floor · combined w/living · picture window
hardwood floor · combined w/family · picture window
broadloom · pot lights
w/o to ravine · pot lights · ceramic floor
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
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $754/sqft; this home lists at $844/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
North Richvale, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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 20, 2026); conventional rates run a little higher.
Mortgage amount $1,519,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,400
- Property tax
- $935
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,335
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,455
- Estimated closing costs
- $34,455
Plus your down payment of $379,800. 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
- $503,995
- Principal paid down
- $185,618
- Interest paid
- $318,377
- Balance remaining
- $1,333,582
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
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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.