Homula Realty Brokerage
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314 Tower Hill Road, Richmond Hill, ON L4E 0A6

5 beds · 5 baths · 1 kitchen · 9 rooms · 4 parking spaces · 3000-3500 sq ft · Detached
$1,599,000
Property tax
$7,951 / year

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.

MLS number
N13698698
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
5
Postal code
L4E 0A6
Photos
49
Laundry
Not in the unit
23days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Beynon Fields PS9.3 / 10
Elementary · French Immersion · 4-8
YRDSB boundary · approved February 2022
Moraine Hills PS6.9 / 10
Elementary · Regular Track · JK-8
YRDSB boundary · approved March 2011
Alexander Mackenzie HS8.4 / 10
Secondary · Arts · 9-12
YRDSB boundary
King City SS7.1 / 10
Secondary · French Immersion · 9-12
YRDSB boundary · approved March 2018
Alexander Mackenzie HS8.4 / 10
Secondary · International Baccalaureate (IB) · 9-12
YRDSB boundary
Richmond Hill HS8.9 / 10
Secondary · Regular Track · 9-12
YRDSB boundary · approved 2002
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

York Region. Published by the York Region District School Board’s planning department, with the date the board approved each boundary shown above. A boundary approved years ago is still the current one until the board redraws it, but the older the date, the more worth confirming.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: YRDSB school locator.

Sources: York Region District School Board planning department.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Aubrey AcademySecondary377 mNot reported
St Marguerite D'Youville Catholic Elementary School
York CDSB
Elementary796 m7.9 / 10
79% met the standard
Trillium Woods Public School
York Region DSB
Elementary1.6 km8.5 / 10
85% met the standard
MacLeod's Landing Public School
York Region DSB
Elementary1.5 km8.6 / 10
86% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Jefferson188 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$1.41M$1.63M$1.86M20252026this home’s asking price
$1.42Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%101%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d10d21d20252026
13dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in jefferson. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 5,844 people.

$135,000Median household income
89.8%Own their home
82.6%Detached houses
39.2Median age
59.9%Born outside Canada
48.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35191339 — the few blocks around this address, home to 5,844 people. It describes the area, not this property.

5,844Population
36.8Average age
3.6Household size
$157,200Average household income
$135,000Median household income
90%Own their home
10%Rent
1%Condominiums
60%Born outside Canada
48%University degree
$1,436,000Average home value
9%Low income
52%Not in the labour force
27%Never married
Under $5,0001%
$5,000 to $9,999<1%
$10,000 to $14,9991%
$15,000 to $19,999<1%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9992%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9993%
$100,000 and over40%
$100,000 to $124,9997%
$125,000 to $149,9996%
$150,000 to $199,99911%
$200,000 and over16%

Percentages are of the 2,705 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$319,800 · minimum here is $319,800
$7,080.03per month
Borrowed before insurance$1,279,200
Total borrowed$1,279,200
Interest over 25 years at 4.5%$844,808

If you rented it out

-$7,742.61per month out of pocket
Rent$0.00
Everything it costs to hold$7,742.61
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by LANDSTARS 360 REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.