5 Ravine Edge Drive, Richmond Hill, ON
Jefferson, Richmond Hill · MLS® N14085336
About this home
In short
- Welcome to One of The Most Desirable Streets in The Jefferson Forest Neighborhood.
- The Open Concept Kitchen Has a Built-in Microwave and Wine Cooler and is Open To the Main Floor Family Room.
- This Family Friendly Open Concept Home Boasts 4 Spacious Bedrooms, The Welcoming Primary Retreat Has Double Door Entry, 2 Walk-in Closets and a 4 Piece Ensuite With...
- The Professionally Finished Basement Apartment Has 2 Bedrooms, Kitchen, A 3 Piece Bathroom & Separate Entrance.
- This Property Is Being Sold Under Power Of Sale "As Is Where Is" "Outstanding Opportunity Not To Be Missed"
Welcome to One of The Most Desirable Streets in The Jefferson Forest Neighborhood. Executive Detached Home Recently Upgraded With New Flooring, Crown Mouldings, Stairs, Skylight, New Garage Doors And Freshly Painted. There are Two Gas Fireplaces, A Main Floor Office, Laundry Room With Direct Entrance to The Double Car Garage. The Open Concept Kitchen Has a Built-in Microwave and Wine Cooler and is Open To the Main Floor Family Room. This Family Friendly Open Concept Home Boasts 4 Spacious Bedrooms, The Welcoming Primary Retreat Has Double Door Entry, 2 Walk-in Closets and a 4 Piece Ensuite With Jetted Tub, The 2nd Bedroom Has A 3 Piece Ensuite and the 3rd & 4th Bedrooms Share A Semi 4 Piece Ensuite. The Professionally Finished Basement Apartment Has 2 Bedrooms, Kitchen, A 3 Piece Bathroom & Separate Entrance. The Backyard Is Maintenance Free and is Treed and Offers Excellent Privacy. This Property Is Being Sold Under Power Of Sale "As Is Where Is" "Outstanding Opportunity Not To Be Missed"
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14085336
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 44.95 × 109.91 ft
- Cross streets
- Yonge/Jefferson Forest
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,951 / 2026
- Days on market
- 3
- Listing brokerage
- GET SOLD REALTY INC.
Rooms
walk-in closet(s) · walk-thru · semi ensuite
eat-in kitchen · w/o to yard · ceramic backsplash
closet · walk-thru · semi ensuite
4 pc ensuite · walk-in closet(s)
gas fireplace · laminate · pot lights
Combined w/Kitchen
fireplace · laminate · 3 pc bath
Combined w/Kitchen
walk-in closet(s) · 4 pc ensuite · laminate
combined w/dining · crown moulding · laminate
vaulted ceiling(s) · laminate
combined w/living · laminate
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
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $537/sqft; this home lists at $527/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Jefferson, Richmond Hill, ON
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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
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 $1,159,910 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,413
- Property tax
- $663
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,076
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,473
- Estimated closing costs
- $25,473
Plus your down payment of $289,978. 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
- $384,801
- Principal paid down
- $141,720
- Interest paid
- $243,081
- Balance remaining
- $1,018,191
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 GET SOLD REALTY INC.. MLS®/PropTx.