42 Shadow Falls Drive
Jefferson, Richmond Hill
$1,488,000
Welcome to this beautifully upgraded detached home in the prestigious Jefferson Forest community. Featuring an impressive 18-ft ceiling in the family room, hardwood flooring throughout, a cozy fireplace, and a finished walkout basement with an additional bedroom, this home offers the perfect blend of elegance and functionality. Recent upgrades include new kitchen cabinet fronts, a brand-new front entry door, a new double garage door, an interlocking driveway, and a gas BBQ line for outdoor entertaining. Ideally located near Yonge Street and Bayview Avenue, top-rated schools, parks, trails, golf courses, shopping, and public transit. A rare opportunity to own a move-in-ready home in one of Richmond Hill's most desirable neighbourhoods.
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,370 |
| Lot Size | 39.37 ft x 109.91 ft |
| mls© Number | N13641758 |
| Listed By | HOMELIFE/BAYVIEW 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%
- $7,616
- Property tax
- $614
- Heat allowance
- $150
- Housing costs
- $8,380 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$258,000
gross annual household income
- Payment at 4%
- $6,262 / mo
- Cash down
- $297,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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