ONCE IN A LIFETIME opportunity to own an oasis in the historic Hamlet of Gormley, offering a balance of estate-style living with urban convenience. At just over an acre, the property boasts 155 ft of unobstructed, sunset-catching west exposure frontage overlooking rolling hills and extends approximately 330 ft in depth, creating a rare and expansive setting. The lot unfurls rearward to a flat, maturely treed, and rewardingly private backyard. The substantial lot dimensions may also present future redevelopment potential, including the possibility of severance into two residential building lots, subject to all required municipal approvals and due diligence by the purchaser. Nestled on a cul-de-sac with only two other homes, the mid-century bungalow features inviting curb appeal and awaits your vision. As the dwelling is not included in the inventory of heritage buildings of the Gormley Heritage Conservation District, substantial renovations or a new build are options. The two-storey barn-style outbuilding with approx. 800 Sq. Ft. footprint offers the possibility for a garden in-law or rental suite, workshop, or mancave/she-shed" 5 Farmer Court is superbly located just two minutes to the 404, Gormley GO, and under 10 minutes to retail, school and recreational amenities, yet is immersed in nature, from hummingbirds to hawks. Abundant perennial flower beds imbue a pastoral cottage-like charm. Endless possibilities. Your dreams are calling!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $1,695 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5 Farmer Crt
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
5 Farmer Crt Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,162
/mo
based on the purchase price of $1,865,000
$373,000 cash
$1,492,000 financed
$1,256,656 total interest
Principal54%$1,492,000
Interest46%$1,256,656
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other 3–5 bed homes for sale in Richmond Hill around $1.9M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.6%On average, homes sold below asking.
Active listings1,194Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with May 14 – Aug 12, 2026: prices up.
Based on 788 sales from Aug 12 – Nov 10, 2026 (641 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5 Farmer Crt is listed at $1,865,000 (MLS® N13431166). Summitly updates the price as soon as the MLS® record changes.
Is $1,865,000 a good price for 5 Farmer Crt?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5 Farmer Crt changed?
Yes — it was first listed at $2,068,000 and is now $1,865,000, a drop of $203,000 (9.8%).
How many bedrooms and bathrooms does 5 Farmer Crt have?
5 Farmer Crt has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Richmond Hill.
Is 5 Farmer Crt close to transit?
The nearest rapid-transit station is Gormley GO Station (Richmond Hill GO), about 490 m (about a 6-minute walk) in a straight line. Bloomington GO Station is about 4.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5 Farmer Crt?
About $9,162 a month — principal and interest on $1,865,000 with 20% down ($373,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5 Farmer Crt compare with other homes in Richmond Hill?
Its asking price of $1,865,000 is about 65% above the median sold price in Richmond Hill over the last 90 days, $1,133,400, across 788 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5 Farmer Crt been sold before?
Summitly has no earlier MLS® sale or lease of 5 Farmer Crt on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Farmer Crt?
5 Farmer Crt is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Farmer Crt been on the market?
152 days — 5 Farmer Crt was listed on June 11, 2026.
What is the price per square foot of 5 Farmer Crt?
About $1,243 to $1,695 per square foot: the asking price of $1,865,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 5 Farmer Crt have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
