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Jefferson, Richmond Hill
$1,799,000
Welcome To 314 Tower Hill Rd, A Spacious And Elegant Family Home Located In The Prestigious Jefferson Community of Richmond Hill. This Beautifully Property Offers 5 Generous Bedrooms, 4 Well-Appointed Washrooms, And A Bright, Open-Concept Layout Ideal For Modern Living. The Main Floor Features 10-Foot Ceilings, Creating An impressive Sense Of Space And Luxury, Highlighting With Excellent Finishes And Functional Design. Over-Sized Windows & Skylight Bring In Abundant Natural Light. The Expansive Gourmet Kitchen, Living, And Dining Areas Provide Perfect Setting For Family Gatherings And Entertaining. A Rare Found Five Spacious Bedrooms Offer Comfort And Privacy For Large Or Multi-Generational Families. The Primary Suite Is Combined W/ A Sitting Area, Ample Closet Space And A Luxury 5-Pc Ensuite. Stepping Out Of The Patio Door, Enjoy A Beautiful Garden With Professional Landscaping, Contemporary Glass & Stone Patio, Hot Tub & Built-In BBQ. More Luxury Features Including : Professional Finished Basement, Heated Garage, Skylit, Underground Sprinkler System, Garden Shed, BBQ Hookup & More... Located In One Of The Richmond Hill's Most Sought-After Neighborhoods, This Home Is Surrounded By Top-Ranked Schools: Such As Richmond Hill High School, St. Theresa of Lisieux CHS, And Trillium Woods PS (Verify Boundaries). Walking Distance To Parks, Trails, Plaza, Public Transit & Everything. Located In A Well-Planned Community , Family-Friendly Environment & A Safe Neighborhood. A Must See.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $7,951 |
| Lot Size | 44.86 ft x 92.62 ft |
| mls© Number | N13522286 |
| Listed By | LANDSTARS 360 REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,208
- Property tax
- $663
- Heat allowance
- $150
- Housing costs
- $10,021 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$308,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
For detached listings, Jefferson is currently leaning buyers' way — there is more choice and more room to negotiate. Over May – July 2026, homes here typically sold in about 27 days and fetched 91% of the asking price. Buyer competition is holding steady versus the same months last year.
- Demand
- 0.37
- Avg days on market
- 27 d
- Sale-to-list
- 91%
- Price change (YoY)
- -16%
Based on 30 sales
0.35
Buyer's market
35days
+6 days vs the same month last year
$1,578,954
-11.2% vs a year ago
Nearby listings
Comparable sales
- No similar listings found.




















































































































































































































































































































































































































































































































































































































































































































































































































































