162 Estate Garden Drive, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N14080312

$1,548,800
For Sale
Listed 4 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome to a true Oak Ridges sanctuary, tucked into a quiet enclave of detached homes & backing onto protected RAVINE & tranquil pond.
  • Right at the entrance, a welcoming foyer with elegant 24x24 porcelain tile opens to expansive, open-concept living & dining rooms with large windows, rich hardwood...
  • At the heart of the home is a stunning RENOVATED kitchen featuring quartz countertops with breakfast bar, matching quartz backsplash, high-end stainless steel...
  • The oversized primary suite is a true retreat, complete with enormous W/I closet & beautifully RENOVATED ensuite with premium elegant finishes.
  • Every bathroom in the home has been tastefully RENOVATED, giving the entire property a cohesive, move-in-ready feel.

Welcome to a true Oak Ridges sanctuary, tucked into a quiet enclave of detached homes & backing onto protected RAVINE & tranquil pond. Offering nearly 2900 sf above grade, this beautifully upgraded home combines generous space, refined finishes & exceptional privacy. Right at the entrance, a welcoming foyer with elegant 24x24 porcelain tile opens to expansive, open-concept living & dining rooms with large windows, rich hardwood flooring & California shutters throughout, creating a bright & polished main level with plenty of room to gather, entertain or unwind. At the heart of the home is a stunning RENOVATED kitchen featuring quartz countertops with breakfast bar, matching quartz backsplash, high-end stainless steel appliances including B/I European coffee machine, porcelain tile floors & w/o to deck overlooking peaceful greenspace beyond. A stunning family room with gas fireplace provides a connection between the kitchen, deck & backyard that makes this space feel especially inviting, with nature becoming part of the everyday view. Upstairs showcases impressively sized bdrms with large windows &generous double closets & an open loft perfect for office or lounge area. The oversized primary suite is a true retreat, complete with enormous W/I closet & beautifully RENOVATED ensuite with premium elegant finishes. Every bathroom in the home has been tastefully RENOVATED, giving the entire property a cohesive, move-in-ready feel. Outside, enjoy a beautiful deep lot & backyard that feels completely removed from the city, with protected conservation land views creating a calm, private backdrop with no homes behind. Set near a quiet court with only a small collection of homes, there is an intimate, tucked-away feel yet you remain close to parks ,trails, schools, shopping & everyday amenities. Beautifully UPGRADED, generously sized &surrounded by nature, this residence gives you more of what matters in a setting that makes you look forward to coming home.

Key facts

Property type
Detached, 2-Storey
MLS®
N14080312
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
Lot
42.4 × 119.19 ft
Cross streets
Yonge St & Estate Garden Dr
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,274 / 2026
Days on market
4
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Family RoomMain5.19 × 4.12 m

hardwood floor · gas fireplace · overlooks ravine

LoftSecond3.98 × 1.90 m

broadloom · skylight · open concept

KitchenMain4.28 × 3.15 m

quartz counter · custom backsplash · stainless steel appl

Living RoomMain3.81 × 3.39 m

hardwood floor · combined w/dining · large window

BreakfastMain3.61 × 3.36 m

w/o to deck · open concept · california shutters

Bedroom 4Second4.61 × 3.76 m

large window · double closet · california shutters

Primary BedroomSecond5.69 × 5.01 m

5 pc ensuite · walk-in closet(s) · california shutters

Bedroom 2Second5.05 × 3.90 m

large window · double closet · california shutters

Dining RoomMain3.81 × 3.39 m

hardwood floor · open concept · california shutters

Bedroom 3Second4.81 × 3.51 m

semi ensuite · double closet · california shutters

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.50Mlikely sale price

Listed at $1,548,800. 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 $1.50M, if it sells. A realistic range is $1.41M to $1.69M.

Independent value check: $1.44M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.35M and $1.51M).

Why $1.44M. 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 itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $7,274 a year; the typical home sold here pays about $6,700.
  • ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.
List price
$1.41MBelow recent closings$1.69MAbove recent closings

Total price vs nearby homes. Likely closing about $1.50M, 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
4days on market so far
$5,396/moest. rent · 70 leases
4.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 26 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 $563/sqft against an area asking average of $621/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 $1.52M. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($563/sqft) is below 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.

Oak Ridges Lake Wilcox
$1.50M
Jefferson
$1.41M
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
$7,059/mo
$291KIncome needed
5.3×Price ÷ income
$1,629Weekly cost
$27,451Land 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.

92%mortgage
Mortgage $7,059Property tax $606Total carry $7,665

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)
$6,851per month

Mortgage amount $1,239,040 · 4.49% over 25 years

$309,760Down payment (20.0%)
$1,239,040Loan before insurance
$0CMHC premium
$7,457Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,851
Property tax
$606
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,457

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

One-time closing costs

Ontario land transfer tax
$27,451
Estimated closing costs
$27,451

Plus your down payment of $309,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,292/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

$816,219Total interest paid
$2,055,259Total of all payments
Principal $1,239,040 Interest $816,219
YearPrincipalInterestBalance
1$27,650$54,560$1,211,390
2$28,906$53,305$1,182,484
3$30,218$51,992$1,152,266
4$31,590$50,620$1,120,676
5$33,024$49,186$1,087,652
6$34,524$47,687$1,053,128
7$36,091$46,119$1,017,037
8$37,730$44,480$979,307
9$39,443$42,767$939,864
10$41,234$40,977$898,630
11$43,106$39,104$855,524
12$45,063$37,147$810,461
13$47,109$35,101$763,352
14$49,248$32,962$714,104
15$51,484$30,726$662,619
16$53,822$28,388$608,797
17$56,266$25,945$552,532
18$58,820$23,390$493,711
19$61,491$20,719$432,220
20$64,283$17,927$367,938
21$67,202$15,009$300,736
22$70,253$11,958$230,483
23$73,443$8,768$157,040
24$76,777$5,433$80,263
25$80,263$1,947$0

At the end of your 5-year term

Total paid over the term
$411,052
Principal paid down
$151,388
Interest paid
$259,664
Balance remaining
$1,087,652

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 70 whole-home leases in Oak Ridges$5,396/mo
$64,752Gross annual rent
3.2%Cap rate after taxes and upkeep
$4,829 to $5,666Typical 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 70 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 $5,396. 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.

4.2%
Gross yield
− Property tax $7,274− Insurance $1,400− Vacancy & upkeep $7,123Net operating income $48,955

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

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