166 Tower Hill Road, Richmond Hill, ON

$1,948,888
MLS#:N13177070
4 beds
4 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Jefferson. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,948,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 48 x 81.36 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled on one of Richmond Hill's most prestigious streets, this extraordinary residence backs onto a breathtaking ravine setting that feels like your own private park. Offering over 3,500 sq. ft. of luxurious living space, this one-of-a-kind home seamlessly blends timeless design with modern sophistication.Showcasing elegance and luxury throughout, the home features a stunning walkout basement with an inviting living area overlooking the serene ravine views. Designed for both comfort and upscale entertaining, the chef-inspired kitchen showcases luxurious custom cabinetry, premium finishes, and exceptional craftsmanship, thoughtfully designed to elevate both everyday living and entertaining.The sunroom and private jacuzzi retreat create the perfect atmosphere for relaxation and unwinding while immersed in the beauty of nature. Every detail of this tastefully designed home reflects refined luxury and timeless elegance.Rarely offered in this highly sought-after area, this remarkable property presents a unique opportunity to own a truly exceptional ravine estate.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished with Walk-Out
Lot Size48 × 81.36 Feet
CountyYork
Annual Tax$6,876
Legal DescriptionLOT 3, PLAN 65M3668, SUBJECT TO RT UNTIL THE LATER OF 5 YRS FROM 2003/07/15 OR UNTIL PL 65M3668 HAS BEEN ASSUMED BY THE TOWN OF RICHMOND HILL AS IN YR327631.

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Ravine, Fenced Yard, Wooded/Treed

Interior Features

Built-In Oven

Security Features

Community Features

Location

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166 Tower Hill Road, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 166 Tower Hill Road, Richmond Hill, ON L4E 4M1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate5.25%
Down Payment$389,778 (20.0%)
* Minimum Canadian down payment required for this price is $389,778.
Amortization Period25 Years
Estimated Monthly Payment$9,291Based on a loan of $1,559,110 over 25 years.
Purchase Price$1,948,888
Loan Amount$1,559,110
Provincial Land Transfer Tax:$35,453
Total Estimated Closing Taxes:$35,453

About Purchasing a Home in Richmond Hill, ON

For a property listed at $1,948,888 in Richmond Hill, the legal minimum down payment is $389,778 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $35,453 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $35,453.

Nearby Listings

Distance:

No current listings found in Richmond Hill.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Jefferson, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,524,332

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

St Marguerite D'Youville
Public121 Rollinghill Road, Richmond Hill, Ontario, L4E 4L2
7.4
Moraine Hills
Public85 Rollinghill Road, Richmond Hill, Ontario, L4E 4C7
8.2
MacLeod's Landing
Public195 Silver Maple Road, Richmond Hill, Ontario, L4E 4Z1
7.1
Trillium Woods
Public18 Alamo Heights Drive, Richmond Hill, Ontario, L4S 2P3
8.1
Bond Lake
PublicWilcox Lake, Richmond Hill, Ontario
8.6

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.