63 Oatlands Crescent, Richmond Hill, ON

Mill Pond, Richmond Hill · MLS® N14082056

$2,000,000
For Sale
Listed 4 days agoNo offer date stated
4+1Bedrooms
4Bathrooms
2Garage · 8 parking
2500-3000Sq ft

About this home

In short

  • Welcome home to 63 Oatlands Crescent.
  • Set on a 49-foot lot situated on a quiet, established street, this spacious 4-bedroom, 4-bathroom home offers the space, flexibility and location today's families are...
  • Upstairs, 4 generously sized bedrooms provide room for everyone, while the finished basement extends the living space with a dedicated exercise room and a rough-in...
  • Located in one of Richmond Hill's most desirable established communities, close to parks, schools, shopping and everyday amenities, this property offers an...

Welcome home to 63 Oatlands Crescent! A generous lot, a versatile layout and an address worth investing in. An exceptional opportunity in the highly sought-after Mill Pond neighbourhood! Set on a 49-foot lot situated on a quiet, established street, this spacious 4-bedroom, 4-bathroom home offers the space, flexibility and location today's families are looking for. Designed for comfortable everyday living, the main floor features an updated kitchen, formal dining room, welcoming living room, open den and a bright, dedicated home office. Convenient main-floor laundry adds to the home's practical, family-friendly layout. Upstairs, 4 generously sized bedrooms provide room for everyone, while the finished basement extends the living space with a dedicated exercise room and a rough-in for a second kitchen, offering exciting possibilities for extended family or multigenerational living. Outside, the expansive, fully fenced backyard provides plenty of room to entertain, play or simply enjoy the outdoors. A detached two-car garage adds valuable parking and storage. Located in one of Richmond Hill's most desirable established communities, close to parks, schools, shopping and everyday amenities, this property offers an outstanding opportunity to enjoy everything Mill Pond has to offer. This is the home that you have been waiting for!

Key facts

Property type
Detached, 2-Storey
MLS®
N14082056
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
49.21 × 114.83 ft
Cross streets
Bathurst St & Regent St
Parking
2 garage · 8 parking (detached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,577 / 2025
Days on market
4
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Bedroom 2Second4.23 × 3.38 m

hardwood floor · double closet · window

Bedroom 4Second3.42 × 3.20 m

hardwood floor · double closet · window

Game RoomLower4.17 × 3.69 m

Broadloom

KitchenMain5.25 × 4.05 m

tile floor · stone counters · eat-in kitchen

Dining RoomMain4.21 × 3.38 m

hardwood floor · crown moulding · walk through

Family RoomMain5.44 × 3.54 m

hardwood floor · pot lights · open concept

Primary BedroomSecond6.02 × 5.17 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

OfficeMain3.31 × 3.02 m

hardwood floor · b/i bookcase · glass doors

Cold Room/CantinaLower2.02 × 1.92 m

Concrete Floor

Furnace RoomLower4.54 × 3.34 m

Concrete Floor

Living RoomMain4.84 × 3.38 m

hardwood floor · crown moulding · pot lights

Bedroom 3Second4.21 × 3.43 m

hardwood floor · double closet · window

RecreationLower7.30 × 3.34 m

broadloom · 3 pc bath · dropped ceiling

Exercise RoomLower5.55 × 2.88 m

concrete floor · double closet · dropped ceiling

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.97Mlikely sale price

Listed at $2,000,000. Going by how homes in Mill Pond and the wider GTA have actually closed against their asking prices (about 98%, 20 local closings in 90 days), the likely sale price is near $1.97M, if it sells. A realistic range is $1.84M to $2.22M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.84MBelow recent closings$2.22MAbove recent closings

Total price vs nearby homes. Likely closing about $1.97M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$1.30Mmedian sold price
101%of asking, on average
−15%prices vs a year ago
~20 dayshomes like this take to sell
4days on market so far
$5,911/moest. rent · 20 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 15 detached homes for sale in the area against 20 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 $727/sqft against an area asking average of $587/sqft.

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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.21M. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 20 comparable homes that sold in Mill Pond over the past two years, from 156 closings there.

What sellers nearby are askingCurrently listed nearby in Mill Pond · asking prices
$1.79Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $629/sqft; this home lists at $727/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home1.99M1.89M1.60M1.70MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.58M86
November 2025$1.47M77
December 2025$1.68M48
January 2026$1.48M52
February 2026$1.52M57
March 2026$1.49M70
April 2026$1.50M73
May 2026$1.46M114
June 2026$1.50M119
July 2026$1.50M92
August 2026$1.48M80
September 2026$1.44M80

Neighbourhood & location

Mill Pond, 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.

Westbrook
$1.58M
Crosby
$2.05M
North Richvale
$1.46M
Observatory
$2.02M
Rouge Woods
$1.77M

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
$9,115/mo
$363KIncome needed
5.5×Price ÷ income
$2,104Weekly cost
$36,475Land 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.

95%mortgage
Mortgage $9,115Property tax $465Total carry $9,580

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)
$8,847per month

Mortgage amount $1,600,000 · 4.49% over 25 years

$400,000Down payment (20.0%)
$1,600,000Loan before insurance
$0CMHC premium
$9,311Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,847
Property tax
$465
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,311

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

One-time closing costs

Ontario land transfer tax
$36,475
Estimated closing costs
$36,475

Plus your down payment of $400,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,707/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

$1,054,002Total interest paid
$2,654,002Total of all payments
Principal $1,600,000 Interest $1,054,002
YearPrincipalInterestBalance
1$35,705$70,455$1,564,295
2$37,326$68,834$1,526,968
3$39,021$67,139$1,487,947
4$40,793$65,367$1,447,155
5$42,645$63,515$1,404,510
6$44,581$61,579$1,359,928
7$46,605$59,555$1,313,323
8$48,721$57,439$1,264,601
9$50,934$55,226$1,213,668
10$53,246$52,914$1,160,422
11$55,664$50,496$1,104,758
12$58,191$47,969$1,046,567
13$60,833$45,327$985,733
14$63,595$42,565$922,138
15$66,483$39,677$855,655
16$69,501$36,659$786,154
17$72,657$33,503$713,497
18$75,956$30,204$637,541
19$79,405$26,755$558,136
20$83,010$23,150$475,126
21$86,779$19,381$388,347
22$90,719$15,441$297,628
23$94,838$11,322$202,790
24$99,144$7,016$103,646
25$103,646$2,514$0

At the end of your 5-year term

Total paid over the term
$530,800
Principal paid down
$195,490
Interest paid
$335,310
Balance remaining
$1,404,510

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 20 whole-home leases in Mill Pond$5,911/mo
$70,932Gross annual rent
2.8%Cap rate after taxes and upkeep
$5,364 to $6,437Typical rent range
~15 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 20 whole-home leases in Mill Pond signed at a median of $6,151 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,911. 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.

3.5%
Gross yield
− Property tax $5,577− Insurance $1,400− Vacancy & upkeep $7,803Net operating income $56,153

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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