156 Duncan Road, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13565056

$2,599,900
For Sale
Listed 96 days agoOffers irrevocable 48 hoursSitting longer than typical
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4+2Bedrooms
4Bathrooms
2Garage · 10 parking
1500-2000Sq ft

About this home

In short

  • Outstanding Opportunity to Invest, Develop, Live In or Derive Income From This Well Maintained House Located on an Beautiful Treed & Private 83ft x 325 ft Estate Home...
  • The Property, Previously Renovated Has an Open Concept Floor Plan With Spacious Rooms Ideal For Entertaining.
  • High Ceilings, Hardwood Floors, Circular Open Staircase, Custom Kitchen Cabinetry.
  • Finished Basement with Separate Entrance, Family Room, Rec Room Plus Two Bedrooms and Lots of Storage.
  • The Driveway is Renovated and Has Space for 8 Cars.

Outstanding Opportunity to Invest, Develop, Live In or Derive Income From This Well Maintained House Located on an Beautiful Treed & Private 83ft x 325 ft Estate Home Lot On A Sought After Prestigious Street in the Bayview & 16th Avenue Area. Surrounded By Multi Million Dollar Homes. The Property, Previously Renovated Has an Open Concept Floor Plan With Spacious Rooms Ideal For Entertaining. High Ceilings, Hardwood Floors, Circular Open Staircase, Custom Kitchen Cabinetry. Finished Basement with Separate Entrance, Family Room, Rec Room Plus Two Bedrooms and Lots of Storage. The Driveway is Renovated and Has Space for 8 Cars. Close to Schools, Stores, Transportation, 404/407. This Property has Great Potential to Build A Huge Home or Assemble Land For Development. This Property is Being Sold Under Power of Sale, "Where Is As Is". Attach Form 801 & Use Attached Documents & Sign Schedules B, C & D WITHOUT CHANGES. Allow 48 Hours Irrevocable.

Key facts

Property type
Detached, 2-Storey
MLS®
N13565056
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
82.5 × 325 ft
Cross streets
Bayview/16th Ave
Parking
2 garage · 10 parking (attached)
Driveway
Private
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$13,266 / 2025
Days on market
96
Listing brokerage
GET SOLD REALTY INC.

Rooms

Bedroom 2Second4.26 × 3.25 m

semi ensuite · large closet · overlooks garden

Primary BedroomSecond5.30 × 3.50 m

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

RecreationBasement5.12 × 3.60 m

pot lights · above grade window

Bedroom 3Second3.85 × 3.65 m

double closet · hardwood floor

Bedroom 4Second3.60 × 3.30 m

his and hers closets · hardwood floor

Living RoomGround7.25 × 3.90 m

pot lights · cathedral ceiling(s) · hardwood floor

BreakfastGround3.05 × 3.05 m

hardwood floor · sliding doors · w/o to deck

Dining RoomGround4.25 × 3.58 m

hardwood floor · sliding doors · w/o to patio

KitchenGround5.25 × 3.28 m

marble counter · ceramic floor · pantry

RecreationBasement6.00 × 4.40 m

fireplace · pot lights · laminate

Family RoomGround7.30 × 4.65 m

hardwood floor · overlooks garden

RecreationBasement5.45 × 4.00 m

panelled · pot lights

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.62 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Langstaff · asking prices
$2.27Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.12M, which is where my estimate comes from.

Per square foot, these ask about $703/sqft; this home lists at $1,486/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.60MThis home1.63M2.38M2.70M2.20M2.44MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Richmond Hill: $1.44M in September 2026, down 4% from a year ago, on 948 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.58M86
November 2025$1.47M77
December 2025$1.68M48
January 2026$1.48M52
February 2026$1.52M57
March 2026$1.49M70
April 2026$1.50M73
May 2026$1.46M114
June 2026$1.50M119
July 2026$1.50M92
August 2026$1.48M80
September 2026$1.44M80

Neighbourhood & location

Langstaff, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Observatory
$2.02M
Bayview Hill
$2.52M
South Richvale
$4.06M
North Richvale
$1.46M
Crosby
$2.05M

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) →

Affordability & Mortgage

Affordability
$11,849/mo
$490KIncome needed
5.3×Price ÷ income
$2,734Weekly cost
$51,473Land 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.

91%mortgage
Mortgage $11,849Property tax $1,106Total carry $12,955

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)
$11,500per month

Mortgage amount $2,079,920 · 4.49% over 25 years

$519,980Down payment (20.0%)
$2,079,920Loan before insurance
$0CMHC premium
$12,606Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,500
Property tax
$1,106
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,606

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

One-time closing costs

Ontario land transfer tax
$51,473
Estimated closing costs
$51,473

Plus your down payment of $519,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,919/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

$1,370,150Total interest paid
$3,450,070Total of all payments
Principal $2,079,920 Interest $1,370,150
YearPrincipalInterestBalance
1$46,415$91,588$2,033,505
2$48,522$89,480$1,984,983
3$50,725$87,277$1,934,257
4$53,029$84,974$1,881,229
5$55,436$82,566$1,825,792
6$57,953$80,049$1,767,839
7$60,585$77,418$1,707,254
8$63,335$74,667$1,643,919
9$66,211$71,792$1,577,707
10$69,217$68,785$1,508,490
11$72,360$65,643$1,436,130
12$75,646$62,357$1,360,484
13$79,080$58,923$1,281,404
14$82,671$55,332$1,198,733
15$86,424$51,578$1,112,309
16$90,348$47,654$1,021,960
17$94,451$43,552$927,510
18$98,739$39,264$828,771
19$103,222$34,781$725,549
20$107,909$30,094$617,640
21$112,808$25,194$504,832
22$117,930$20,073$386,901
23$123,285$14,718$263,617
24$128,882$9,120$134,734
25$134,734$3,269$0

At the end of your 5-year term

Total paid over the term
$690,014
Principal paid down
$254,128
Interest paid
$435,886
Balance remaining
$1,825,792

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
From 5 whole-home leases in Langstaff$3,952/mo
$47,424Gross annual rent
1.1%Cap rate after taxes and upkeep
$3,478 to $4,627Typical rent range

About the suite: in Langstaff basements rarely rent out (2 of 22 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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

Talk about the numbers

The last 5 whole-home leases in Langstaff signed at a median of $5,062 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,952. 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.

1.8%
Gross yield
− Property tax $13,266− Insurance $1,400− Vacancy & upkeep $5,217Net operating income $27,541

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

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