5 Brower Avenue, Richmond Hill, ON
Jefferson, Richmond Hill · MLS® N14089846
About this home
In short
- Elegant Living in Richmond Hill's Sought-After Jefferson Community.
- Built in 2005, this home offers over 3100 square feet of a wonderful blend of comfort, functionality and space for growing families.
- The finished basement provides valuable additional living space, ideal for a recreation room, home theatre, fitness area or family gatherings.
- A BRAND NEW ROOF adds peace of mind and value to this appealing property.
- Discover the opportunity to make this wonderful Jefferson home your own, in a family-friendly community close to parks, schools, shopping and everyday amenities.
Elegant Living in Richmond Hill's Sought-After Jefferson Community. Welcome to this inviting 4-bedroom, 4-bathroom home in the highly desirable Jefferson neighbourhood of Richmond Hill. Built in 2005, this home offers over 3100 square feet of a wonderful blend of comfort, functionality and space for growing families. The standout feature is the front bedroom's decadent walk-out to a private second-floor balcony-a charming retreat perfect for enjoying your morning coffee or unwinding at the end of the day. The finished basement provides valuable additional living space, ideal for a recreation room, home theatre, fitness area or family gatherings. With four spacious bedrooms, four bathrooms and room to accommodate the needs of a modern household, this home offers flexibility for everyday living and entertaining alike. A BRAND NEW ROOF adds peace of mind and value to this appealing property. Discover the opportunity to make this wonderful Jefferson home your own, in a family-friendly community close to parks, schools, shopping and everyday amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14089846
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 44.99 × 88.66 ft
- Cross streets
- Yonge Street/Silver Maple Road
- Parking
- 1 garage · 5 parking (built-in)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,780 / 2026
- Days on market
- 3
- Listing brokerage
- HOUSESIGMA INC.
Rooms
4 pc ensuite · soaking tub · separate shower
4 Pc Bath
Sliding Doors
3 pc bath · glass doors · tile floor
Hardwood Floor
Hardwood Floor
double doors · closet
w/o to balcony · hardwood floor
Laminate
access to garage · laundry sink
hardwood floor · walk-in closet(s) · 4 pc ensuite
b/i dishwasher · granite counters · pantry
Hardwood Floor
gas fireplace · hardwood floor
Hardwood Floor
Laminate
Listed at $1,299,000. Going by how homes in Jefferson and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $1.27M, if it sells. A realistic range is $1.19M to $1.43M.
Independent value check: $1.36M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $1.28M and $1.43M).
Why $1.36M. The typical detached home sold in Jefferson over the past year went for about $1.52M (94 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,780 a year; the typical home sold here pays about $7,500.
- ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
Total price vs nearby homes. Likely closing about $1.27M, from 28 recent closings in this pocket.
The market behind the math:
About 2.8 months of inventory: 26 detached homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $577/sqft against an area asking average of $630/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.41M. Condition and finishes remain an in-person call.
What the listing highlights3 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
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 28 comparable homes that sold in Jefferson over the past two years, from 200 closings there.
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 $626/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Jefferson: $1.48M in September 2026, down 7% from a year ago, on 93 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.55M | 9 |
| November 2025 | $1.50M | 7 |
| December 2025 | $1.71M | 6 |
| February 2026 | $1.52M | 7 |
| March 2026 | $1.43M | 7 |
| April 2026 | $1.58M | 5 |
| May 2026 | $1.52M | 15 |
| June 2026 | $1.42M | 9 |
| July 2026 | $1.41M | 7 |
| August 2026 | $1.45M | 7 |
| September 2026 | $1.48M | 14 |
Neighbourhood & location
Jefferson, 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
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 $1,039,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,746
- Property tax
- $565
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,311
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Estimated closing costs
- $22,455
Plus your down payment of $259,800. 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
- $344,755
- Principal paid down
- $126,971
- Interest paid
- $217,784
- Balance remaining
- $912,229
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 numbersThe last 95 whole-home leases in Jefferson signed at a median of $4,460 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,020. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSESIGMA INC.. MLS®/PropTx.