11 David Dunlap Boulevard, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13559508

$2,720,000
For Sale
Listed 98 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
6Bathrooms
3Garage · 5 parking
3000-3500Sq ft

About this home

In short

  • Welcome To This Luxurious Three-Car Garage Detached Home On A Premium 45-Foot Lot In The Prestigious Observatory Hill Community, Built By Regal Crest In 2023.
  • Featuring 4 Spacious Bedrooms, Each With A Private Ensuite Bathroom, 10' Ceilings On The Main Floor, 9' Ceilings On The Second Floor And Basement, Hardwood Flooring...
  • Renovated Kitchen (2026) With A Large Centre Island, Breakfast Bar, Quartz Countertops, High-End Built-In Appliances, And Walkout To The Backyard.
  • Professionally Finished Basement (2026) With 2 Additional Bedrooms, Offering Exceptional Flexibility For Extended Family, Guests, A Home Office, Recreation Space, Or...
  • The Primary Bedroom Features Double Cabinets With Sinks And A Spa-Like 5-Piece Ensuite With A Glass Shower And Freestanding Soaking Bathtub.

Welcome To This Luxurious Three-Car Garage Detached Home On A Premium 45-Foot Lot In The Prestigious Observatory Hill Community, Built By Regal Crest In 2023. Featuring 4 Spacious Bedrooms, Each With A Private Ensuite Bathroom, 10' Ceilings On The Main Floor, 9' Ceilings On The Second Floor And Basement, Hardwood Flooring, Smooth Ceilings, A Main Floor Office, And A Family Room With A Gas Fireplace. Renovated Kitchen (2026) With A Large Centre Island, Breakfast Bar, Quartz Countertops, High-End Built-In Appliances, And Walkout To The Backyard. Professionally Finished Basement (2026) With 2 Additional Bedrooms, Offering Exceptional Flexibility For Extended Family, Guests, A Home Office, Recreation Space, Or Potential Rental Income. The Primary Bedroom Features Double Cabinets With Sinks And A Spa-Like 5-Piece Ensuite With A Glass Shower And Freestanding Soaking Bathtub. Top-Ranked School Zone Bayview Secondary School and Sixteenth Avenue Public School. Near T&T Supermarket, Shopping, Restaurants, Parks, GO Transit, And Highways 404/407. A Perfect Blend Of Luxury, Comfort, And Convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
N13559508
Bedrooms
4+2 (6 total)
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
44.99 × 98.54 ft
Cross streets
Bayview & 16th Ave
Parking
3 garage · 5 parking (attached)
Driveway
Private Double
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,592 / 2026
Days on market
98
Listing brokerage
HOMELIFE BROADWAY REALTY INC.

Rooms

Primary BedroomSecond7.01 × 4.21 m

hardwood floor · 5 pc ensuite · south view

KitchenMain5.25 × 3.35 m

b/i appliances · centre island · granite counters

Bedroom 2Second3.54 × 3.66 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Bedroom 4Second3.96 × 4.15 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

LoftThird4.58 × 3.05 m

Open Concept

Bedroom

semi ensuite · w/o to balcony · combined w/sitting

BreakfastMain4.57 × 3.08 m

W/O To Yard

Family RoomMain5.91 × 4.21 m

hardwood floor · gas fireplace · large window

Bedroom 3Second4.51 × 3.84 m

hardwood floor · 3 pc ensuite · window

OfficeMain2.74 × 2.78 m

hardwood floor · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Observatory, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$12,397/mo
$505KIncome needed
5.4×Price ÷ income
$2,861Weekly cost
$54,475Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $12,397Property tax $966Total carry $13,363

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,031per month

Mortgage amount $2,176,000 · 4.49% over 25 years

$544,000Down payment (20.0%)
$2,176,000Loan before insurance
$0CMHC premium
$12,997Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,031
Property tax
$966
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,997

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$54,475
Estimated closing costs
$54,475

Plus your down payment of $544,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,562/monthPayment at the qualifying rate

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

$1,433,443Total interest paid
$3,609,443Total of all payments
Principal $2,176,000 Interest $1,433,443
YearPrincipalInterestBalance
1$48,559$95,819$2,127,441
2$50,764$93,614$2,076,677
3$53,069$91,309$2,023,608
4$55,478$88,899$1,968,130
5$57,997$86,381$1,910,133
6$60,630$83,747$1,849,502
7$63,383$80,994$1,786,119
8$66,261$78,117$1,719,858
9$69,270$75,108$1,650,588
10$72,415$71,963$1,578,173
11$75,703$68,675$1,502,471
12$79,140$65,238$1,423,331
13$82,733$61,644$1,340,597
14$86,490$57,888$1,254,108
15$90,417$53,961$1,163,691
16$94,522$49,856$1,069,169
17$98,814$45,564$970,355
18$103,300$41,078$867,055
19$107,990$36,387$759,065
20$112,894$31,484$646,171
21$118,019$26,358$528,152
22$123,378$21,000$404,774
23$128,980$15,398$275,794
24$134,836$9,542$140,958
25$140,958$3,420$0

At the end of your 5-year term

Total paid over the term
$721,889
Principal paid down
$265,867
Interest paid
$456,022
Balance remaining
$1,910,133

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.

Let's connect

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

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
2.0%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.8%
Gross yield
− Property tax $11,592− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $54,292

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE BROADWAY REALTY INC.. MLS®/PropTx.

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