12 Magistrale Court, Richmond Hill, ON

$2,880,000
MLS#:N12059056
7 beds
6 baths
3500-5000 sqft
10.0 parking
Residential Freehold
12 Magistrale Court, Richmond Hill, ON L4C 0H3
⚠️

Property no longer active

This property was sold on May 17, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of North Richvale. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,880,000 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.

  • 7 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 45.9 x 157.67 ft lot
  • Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, In-Law Suite, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Luxury Estate Custom Home W/Superior Quality & Workmanship on Private court location, an huge pie shaped, Backs Onto Ravine W/Breathtaking View, Aprx 4763Sf (From Mpac) Lrg Drvwy Can Park 7 Cars + 3 Car Garage, recently renovated basement with new appliances, separate laundry and entrance which could be in-law suite or additional income. Grand Entry, Angled Limestone, Highest Quality Hrdwd & Mrbl Flrs, Ultra Luxury Kit W/Centre Island, new KitchenAid refrigerator. Counter, Upgrd'd Cab W/Out To Huge Deck W/Wrought Iron Railing O/Looking Ravine. Marbl Gas Fire Pl In Mbr. Sprinkler Sys, water tank owned. On A Sought After Quite Enclave Of New Custom Built Homes, Minutes To Fine Shops, Restaurants, Hiking Trails, Schools. A must-see, promising the epitome of luxury living. Alexander Mackenzie H.S. IB Program. 3D link is attached.

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Property Summary

This detached home located at 12 Magistrale Court, Richmond Hill is currently for sale and has been available on SousaSells for 490 days. This property is listed at $2,880,000 with an estimated mortgage of $9,586* per month. It has 7 beds, 6 bathrooms, and is 3500-5000 square feet. 12 Magistrale Court, Richmond Hill is in the North Richvale neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 7 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in North Richvale, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 7 spacious bedroom layout offering versatile living space
  • 6 well-appointed bathrooms
  • 3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in North Richvale, Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
7
Bathrooms
6
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 17, 2025
Sold price information is available to members only
Listed Date4/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished, Walk-Up
Lot Size45.9 × 157.67 Feet
CountyYork
Annual Tax$13,898.59
Legal DescriptionPlan 65M 2921 Lot 3 See Survey Attached

Parking & Garage

Parking Total10.0
Parking Space7
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Public Transit
  • Ravine
  • School
  • Wooded/Treed

Interior Features

  • Central Vacuum
  • In-Law Suite
  • Storage

Security Features

  • Alarm System

Community Features

None listed

Frequently Asked Questions about 12 Magistrale Court, Richmond Hill, ON

Q.What is the asking price for 12 Magistrale Court, Richmond Hill, ON ?

The current listing price for 12 Magistrale Court, Richmond Hill, ON in North Richvale, Richmond Hill is $2,880,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 7 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 12 Magistrale Court, Richmond Hill, ON ?

12 Magistrale Court, Richmond Hill, ON is a Detached (2-Storey) featuring a Finished, Walk-Up basement.

Q.What key property features does 12 Magistrale Court, Richmond Hill, ON offer?

Key property features include: Park, Public Transit, Ravine, School, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Central Vacuum, In-Law Suite, Storage.

Q.What security features are installed at 12 Magistrale Court, Richmond Hill, ON ?

Security features include: Alarm System.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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12 Magistrale Court, 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 12 Magistrale Court, Richmond Hill, ON L4C 0H3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$864,000 (30.0%)
* Minimum Canadian down payment required for this price is $576,000.
Amortization Period30 Years
Estimated Monthly Payment$9,586Based on a loan of $2,016,000 over 30 years.
Purchase Price$2,880,000
Loan Amount$2,016,000
Provincial Land Transfer Tax:$58,475
Total Estimated Closing Taxes:$58,475

About Purchasing a Home in Richmond Hill, ON

For a property listed at $2,880,000 in Richmond Hill, the legal minimum down payment is $576,000 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 $58,475 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 $58,475.

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North Richvale, Richmond Hill Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$2,044,119

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%

Best Schools in North Richvale, Richmond Hill

Elementary Schools

St Charles Garnier
Public16 Castle Rock Drive, Richmond Hill, Ontario, L4C 5H5
9.3
St Anne
Public105 Don Head Village Boulevard, Richmond Hill, Ontario, L4C 7N1
6.8
Charles Howitt
Public30 Pearson Avenue, Richmond Hill, Ontario, L4C 6T7
7.6
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
Pleasantville
Public400 Mill Street, Richmond Hill, Ontario, L4C 4B9
6.6

Secondary Schools

Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2

North Richvale, Richmond Hill Demographic Home information

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.