28 Dunvegan Drive, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N13417142
About this home
In short
- Experience luxury living in the heart of prestigious South Richvale.
- Filled with natural light, the thoughtfully designed floor plan features spacious principal rooms, a gourmet kitchen with marble countertops, a large center island...
- Upstairs, the luxurious primary retreat features dual closets and a spa-inspired 5-piece ensuite, while brand-new hardwood flooring throughout the staircase and...
- The finished walkout basement offers exceptional flexibility with a second kitchen, two bedrooms, and a full bath-ideal for extended family, a recreation space, or...
- Step outside to a beautifully landscaped backyard framed by mature cedar trees, creating a serene and private outdoor oasis.
Experience luxury living in the heart of prestigious South Richvale. Nestled on one of the community's most coveted streets and surrounded by exquisite custom estates, this beautifully updated detached home offers over 4,300 sq. ft. of elegant living space with a rare 5-bedroom, 5-bathroom layout. Filled with natural light, the thoughtfully designed floor plan features spacious principal rooms, a gourmet kitchen with marble countertops, a large center island, and a breakfast area overlooking the private backyard. The inviting family room showcases a gas fireplace and wet bar, perfect for entertaining. Upstairs, the luxurious primary retreat features dual closets and a spa-inspired 5-piece ensuite, while brand-new hardwood flooring throughout the staircase and second level adds timeless sophistication. The finished walkout basement offers exceptional flexibility with a second kitchen, two bedrooms, and a full bath-ideal for extended family, a recreation space, or potential rental income. Freshly painted throughout and enhanced with updated bathrooms, this home is move-in ready. Step outside to a beautifully landscaped backyard framed by mature cedar trees, creating a serene and private outdoor oasis. Minutes from Yonge Street, Hwy 407, top-ranked schools, golf clubs, shopping, and fine dining, this is a rare opportunity to own in one of Richmond Hill's most sought-after luxury neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13417142
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 49.26 × 98.65 ft
- Cross streets
- Yonge St / Garden Ave
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,111 / 2026
- Days on market
- 104
- Listing brokerage
- SOLTANIAN REAL ESTATE INC.
Rooms
overlooks backyard · hardwood floor · double closet
his and hers closets · hardwood floor · 5 pc ensuite
3 pc ensuite · hardwood floor · walk-in closet(s)
window · laminate · closet
combined w/kitchen · laminate · w/o to yard
marble counter · marble floor · centre island
combined w/dining · hardwood floor · overlooks backyard
overlooks frontyard · hardwood floor · double closet
combined w/kitchen · marble floor · overlooks backyard
w/o to deck · hardwood floor · gas fireplace
overlooks backyard · hardwood floor · closet
window · laminate · double closet
combined w/living · hardwood floor · moulded ceiling
Listed at $1,998,000. Recent sales of homes like it put this one around $1.76M, so the ask is about 14% above what similar homes have sold for.
If it sells at this ask, expect about $1.88M, typically $1.85M to $1.93M: that is where homes here have closed against their asks in the last 90 days (8 closings).
Longer on the market than typical. 104 days on the market against about 43 for homes like it here, and asking 14% above where comparable closings put it.
One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.
Total price vs nearby homes. Fair value about $1.76M, learned from recent GTA sales.
The market behind the math:
About 2.6 months of inventory: 7 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $470/sqft against an area asking average of $602/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in South Richvale: 18 of the 72 detached leases here lately were basement units, around $2,050 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.86M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Charles Howitt PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($470/sqft) is below the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 10 comparable homes that sold in South Richvale over the past two years, from 91 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $557/sqft; this home lists at $470/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
South Richvale, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 10 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,598,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,749
- Property tax
- $676
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,425
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,435
- Estimated closing costs
- $36,435
Plus your down payment of $399,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $524,954
- Principal paid down
- $197,630
- Interest paid
- $327,323
- Balance remaining
- $1,400,770
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in South Richvale (18 of 72 recent detached leases were basement units, around $2,050 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,050 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in South Richvale signed at a median of $6,265 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,215. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOLTANIAN REAL ESTATE INC.. MLS®/PropTx.