7 Philips Lake Crt, Richmond Hill

Name: 7 Philips Lake Court
SKU: N14101308
Price: 1599000 CAD
Availability: InStock

2 Upcoming Open Houses at 7 Philips Lake Crt

Drop in during an open house, or book a private viewing at a time that suits you.

Saturday, October 243:00 PM – 5:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)
Sunday, October 252:00 PM – 4:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)

4 Bed, 3 Bath Detached Home in Richmond Hill

About 7 Philips Lake Court

Remarkable luxury home located in prestigious Jefferson Forest, a property where design, comfort & everyday living come together. Move in ready & thoughtfully upgraded. This home is approx 2,861 sqft with an additional 1,400 sqft unfinished in the basement. Newly renovated, ensuite with premium renovations shows in every room. The culinary chefs kitchen features quartz countertops, an extra large sink, a stainless steel & glass hood, a brand new Cafe six burner gas range & a brand new Samsung refrigerator, all amongst designer flooring & accent lighting. The master bedroom spa inspired ensuite features a curbless frameless glass shower with a rain shower system, custom vanities, a freestanding soaking tub, & LED lit anti fog mirrors. Every room carries the same attention to detail, from the smooth ceilings to the three coats of premium paint to the designer accent walls and the executive wainscoting. Smart home upgrades is a luxury touch, whole home LED pot lights, centrally monitored ring security with eight HD cameras, and Weiser smart locks. The private backyard is perfect for entertaining family and friends. You'll also find new modern garage doors, front & backyard is fully interlocked, professionally landscaped gardens and an illuminated address feature wall. You are walking distance to Philips Lake, the Oak Ridges Moraine Trail & parks, and within top ranked schools. Close to groceries (Farm Boy, Sobeys) shopping at Hillcrest Mall, and public transit & Highway 404/407. This is a rare opportunity to own a fully upgraded home in one of Jefferson Forest's most sought after pockets. Just Move In and Decorate! Open house Saturday Oct 24 @3-5pm & Sunday Oct 25 @2-4pm

4 bedrooms, 3 bathrooms, about 2,500 sq ft, works out to roughly $640 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 7 Philips Lake Crt

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2500-3000 sq ftas stated on the listing
Parking: 6 spacesYes garage
Basement: Unfinished, Full

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 6

Interior

Basement: Unfinished · Full

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

7 Philips Lake Crt Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 21, 2026For saleListedThis listingMLS® N14101308$1,599,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 7 Philips Lake Crt Compares to the Richmond Hill Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 1,392 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Richmond Hill market, last 90 days

Median sold price: $1,131,800
Average sold price: $1,240,457
Average days on market: 34
Homes sold: 803

Closed sales on the TRREB MLS®.

Full Richmond Hill market report

Market pulse · Richmond Hill

Richmond Hill market

Median sold price$1,131,800Last 90 days
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.8%On average, homes sold below asking.
Active listings1,220Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 803 sales from Jul 25 – Oct 23, 2026 (591 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Richmond Hill

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home7 Philips Lake Court 4 bd · 3 ba · 2,500 sqft	$1,599,000asking	$640	—	—
33 Maple Grove Avenue 4 bd · 5 ba · 5,000 sqft
2 wainwright Avenue 5 bd · 5 ba · 3,500 sqft
125 Grey Alder Avenue 5 bd · 5 ba · 3,500 sqft
16 Grovewood Street 4 bd · 3 ba · 3,000 sqft
76 Elm Grove Avenue 4 bd · 5 ba · 3,500 sqft
5 Pheasant Drive 4 bd · 4 ba · 3,000 sqft

33 Maple Grove Avenue
4 bd · 5 ba · 5,000 sqft
2 wainwright Avenue
5 bd · 5 ba · 3,500 sqft
125 Grey Alder Avenue
5 bd · 5 ba · 3,500 sqft
16 Grovewood Street
4 bd · 3 ba · 3,000 sqft
76 Elm Grove Avenue
4 bd · 5 ba · 3,500 sqft
5 Pheasant Drive
4 bd · 4 ba · 3,000 sqft

Living in Richmond Hill: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

King City GO StationBarrie GO4.6 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

King City GO Station (Barrie GO)4.6 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

King City GO Station
4.6 kmClosest· Barrie GO
Homes near King City GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 7 Philips Lake Crt. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 7 Philips Lake Crt

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,855; 20% down · 25 years · 5.5% assumed
Property tax: $879; 0.66% mill rate · ON
Total per month: $8,734; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,855

/mo

based on the purchase price of $1,599,000

Down payment20%

$319,800 cash

Amortization25 yr

$1,279,200 financed

Rate5.50%

$1,077,422 total interest

Principal54%$1,279,200

Interest46%$1,077,422

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

Book a tour of 7 Philips Lake Crt with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 7 Philips Lake Crt day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

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Questions About 7 Philips Lake Crt

How much is 7 Philips Lake Crt listed for?

7 Philips Lake Crt is listed at $1,599,000 (MLS® N14101308). Summitly updates the price as soon as the MLS® record changes.

Is $1,599,000 a good price for 7 Philips Lake Crt?

Summitly rates it Good Deal: the asking price is 3% to 10% below 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 7 Philips Lake Crt changed?

No — 7 Philips Lake Crt is still listed at its original asking price of $1,599,000.

How many bedrooms and bathrooms does 7 Philips Lake Crt have?

7 Philips Lake Crt has 4 bedrooms and 3 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Richmond Hill.

Is 7 Philips Lake Crt close to transit?

The nearest rapid-transit station is King City GO Station (Barrie GO), about 4.6 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 7 Philips Lake Crt?

About $7,855 a month — principal and interest on $1,599,000 with 20% down ($319,800), 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.

Are there open houses at 7 Philips Lake Crt?

Yes — Saturday, October 24, 3:00 PM – 5:00 PM; Sunday, October 25, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.

How does 7 Philips Lake Crt compare with other homes in Richmond Hill?

Its asking price of $1,599,000 is about 41% above the median sold price in Richmond Hill over the last 90 days, $1,131,800, across 803 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 7 Philips Lake Crt been sold before?

Summitly has no earlier MLS® sale or lease of 7 Philips Lake Crt on record from the last two years. Older records aren't shown under TRREB rules.

Where is 7 Philips Lake Crt?

7 Philips Lake Crt is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 7 Philips Lake Crt been on the market?

2 days — 7 Philips Lake Crt was listed on October 21, 2026.

What is the price per square foot of 7 Philips Lake Crt?

About $533 to $640 per square foot: the asking price of $1,599,000 over the 2,500–3,000 sq ft the listing gives as its size range.

What you should know

2 Upcoming Open Houses at 7 Philips Lake Crt

4 Bed, 3 Bath Detached Home in Richmond Hill

About 7 Philips Lake Court

Inside 7 Philips Lake Crt

Features & systems

7 Philips Lake Crt Price & Sale History

How 7 Philips Lake Crt Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 7 Philips Lake Crt

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Philips Lake Court? See what yours is worth

Zara, any time

A licensed local agent

See 7 Philips Lake Crt, Richmond Hill in person

Similar homes for sale nearby in Richmond Hill

Explore More Detached Homes in Richmond Hill

2 Upcoming Open Houses at 7 Philips Lake Crt

4 Bed, 3 Bath Detached Home in Richmond Hill

About 7 Philips Lake Court

Inside 7 Philips Lake Crt

Features & systems

7 Philips Lake Crt Price & Sale History

How 7 Philips Lake Crt Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Market pulse · Richmond Hill

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 7 Philips Lake Crt

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Philips Lake Court? See what yours is worth

Zara, any time

A licensed local agent

See 7 Philips Lake Crt, Richmond Hill in person

Questions About 7 Philips Lake Crt

How much is 7 Philips Lake Crt listed for?

Is $1,599,000 a good price for 7 Philips Lake Crt?

Has the price of 7 Philips Lake Crt changed?

How many bedrooms and bathrooms does 7 Philips Lake Crt have?

Is 7 Philips Lake Crt close to transit?

How much would the monthly mortgage be on 7 Philips Lake Crt?

Are there open houses at 7 Philips Lake Crt?

How does 7 Philips Lake Crt compare with other homes in Richmond Hill?

Has 7 Philips Lake Crt been sold before?

Where is 7 Philips Lake Crt?

How long has 7 Philips Lake Crt been on the market?

What is the price per square foot of 7 Philips Lake Crt?

Similar homes for sale nearby in Richmond Hill

Explore More Detached Homes in Richmond Hill

Market pulse · Richmond Hill

Transit nearby

Transit

Questions About 7 Philips Lake Crt

How much is 7 Philips Lake Crt listed for?

Is $1,599,000 a good price for 7 Philips Lake Crt?

Has the price of 7 Philips Lake Crt changed?

How many bedrooms and bathrooms does 7 Philips Lake Crt have?

Is 7 Philips Lake Crt close to transit?

How much would the monthly mortgage be on 7 Philips Lake Crt?

Are there open houses at 7 Philips Lake Crt?

How does 7 Philips Lake Crt compare with other homes in Richmond Hill?

Has 7 Philips Lake Crt been sold before?

Where is 7 Philips Lake Crt?

How long has 7 Philips Lake Crt been on the market?

What is the price per square foot of 7 Philips Lake Crt?