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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 61 days

    7661 Franktown Road

    ·Richmond, ON··

    • 4 beds
    Richmond real estate›X12237264
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Mortgagee in Possession. Sold As Is, Where Is, No warranties. Buyer to do their own "Due Diligence". 53 Acre farm, minutes from town. Indoor riding arena 62 feet by 120 feet. 100 foot by 200 foot outdoor sand ring. 2 outdoor wash stalls, and 5 summer paddocks.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Mortgagee in Possession.
    • Sold As Is, Where Is, No warranties.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Oct 25, 2025SoldSold$1,075,000−$85,000 (7.3%)X12448875View
    Oct 6, 2025Previously listedSld$1,160,000 —X12448875View
    Jun 20, 2025ListedCurrentFor sale$1,200,000 —X12237264This page
    Sep 11, 2024Previously listedExp$1,100,000 —X9520170View
    Apr 19, 2024Previously listedTer$999,999 —X9424375View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      None
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 7661 Franktown Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Clear View
    • Golf
    • Level
    • Part Cleared
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,895
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $556
    0.56% mill rate · ON
    The market

    How this home sits in the Richmond market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Richmond market right now

    Average sold price, days on market, and closed-transaction count for Richmond — sourced from MLS®.

    • Avg sold price
      $755,861
      Last 30 days
    • Median sold price
      $705,000
      Middle of the market
    • Days on market
      34 d
      Avg from list to close
    • Closed last 30d
      67
      MLS® transactions
    Full Richmond market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 7661 Franktown Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 7661 Franktown Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 7661 Franktown Road listed for?

      7661 Franktown Road is listed at $1,200,000 on the MLS® (listing X12237264). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 7661 Franktown Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 2000-2500 sqft
  3. Farm
  4. Built 100+
  5. 50-99.99 ac lot
  6. Asking
    $1,200,000
    $0 / sqft · MLS® X12237264
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $891,916
    $820,563Confidence range$963,269
    Asking vs estimate
    ↑↑well-above
    +$308,084
    (+34.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Richmond sell in about 34 days — this one has been listed 61 days.

    Avg sold price
    $755,861
    Median sold
    $705,000
    Avg days on market
    34
    Recently sold
    67
    See comparable sales
    Buyer to do their own "Due Diligence". 53 Acre farm, minutes from town.
    Ask Zara a follow-up
    Septic
  8. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    1
    Parking spaces
    40
    Driveway
    Front Yard Parking, Private
  9. Interior

    4
    Basement
    Unfinished
    Family room
    N
    Kitchens
    1
    Total rooms
    11
  10. Exterior & construction

    3
    Exterior
    Wood
    Foundation
    Stone
    Pool
    None
  11. Lot & land

    1
    Year built
    100+
  12. Listing & possession

    4
    Possession
    2025-08-20T00:00:00.000-00:00
    Occupancy
    Possession 60 Days or to be arranged
    Property style
    2-Storey
    Property class
    Farm
  13. Room-by-room · 13 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    8 rooms
    • Bathroom
      0.0 × 0.0 ft
    • Primary Bedroom
      10.8 × 11.4 ft
    • Kitchen
      10.1 × 11.5 ft
    • Bedroom
      10.3 × 13.8 ft
    • Den
      9.9 × 12.4 ft
    • Dining Room
      10.1 × 12.4 ft
    • Laundry
      10.2 × 14.5 ft
    • Bathroom
      0.0 × 0.0 ft

    Second level

    3 rooms
    • Other
      8.8 × 10.7 ft
    • Bedroom
      8.8 × 10.4 ft
    • 8.7 × 10.4 ft

    Basement level

    1 room
    • Utility Room
      19.0 × 24.0 ft

    Other level

    1 room
    • 10.1 × 12.4 ft
    Combined estimate
    $6,451
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,895
    /mo
    based on the purchase price of $1,200,000
    $240,000 cash
    $960,000 financed
    $808,572 total interest
    Monthly payment$5,895/ month
    Principal54%$960,000
    Interest46%$808,572

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable farms that just sold in Richmond

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 7661 Franktown Road
      Sold
      Sign in for price
      7661 Franktown Road
      Farm
    • 6024 Dobson Lane
      Sold
      Sign in for price
      6024 Dobson Lane
      Farm
    AddressBd / BaSqftSold$/sqft% of askSold
    7661 Franktown RoadThis home4 / 220,002,500$1,200,000ask———
    7661 Franktown Road4 / 21,500—
    6024 Dobson Lane3 / 3700—
    Sold prices are hidden under TRREB rules. to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of DETAILS REALTY INC. · displayed on Summitly per MLS® data-share rules

    7661 Franktown Road is a 4-bedroom, 2-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 7661 Franktown Road built?

    7661 Franktown Road was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 7661 Franktown Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 7661 Franktown Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 7661 Franktown Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,200,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 7661 Franktown Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 7661 Franktown Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 7661 Franktown Road in?

    7661 Franktown Road is in Btwn Franktown Rd. & Fallowfield Rd., Richmond. The 'Neighbourhood' section below links to the live Richmond real estate hub with average sold price, days on market, and current inventory.

  23. Is Richmond a good place to live?

    Richmond is one of ON's actively-tracked Summitly markets. The full Richmond real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.