98 Leyburn Avenue, Richmond Hill, ON

Westbrook, Richmond Hill · MLS® N13566418

$1,658,000
For Sale
Listed 96 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this beautifully renovated detached home with a double garage, nestled in a mature and highly desirable neighborhood in Richmond Hill.
  • Boasting over $150,000 in premium renovations, this home has been extensively upgraded with the main level renovated in 2021 and the entire second floor beautifully...
  • The fully finished basement with a separate entrance offers excellent income potential, generating approximately $2,000/month in rental income, making it an ideal...
  • Conveniently located just steps to public transit and vibrant Yonge Street, you'll enjoy easy access to shops, restaurants, grocery stores, parks, and everyday amenities.

Welcome to this beautifully renovated detached home with a double garage, nestled in a mature and highly desirable neighborhood in Richmond Hill. Boasting over $150,000 in premium renovations, this home has been extensively upgraded with the main level renovated in 2021 and the entire second floor beautifully redesigned in 2025, this move-in ready home showcases elegant 9-foot smooth ceilings, new flooring, designer lighting with pot lights, and fully renovated bathrooms featuring modern finishes. The heart of the home is the impressive oversized corner kitchen, complete with abundant custom cabinetry, a built-in wine rack, granite countertops, and a premium gas cooktop-perfect for everyday living and entertaining.The fully finished basement with a separate entrance offers excellent income potential, generating approximately $2,000/month in rental income, making it an ideal mortgage helper or investment opportunity. Conveniently located just steps to public transit and vibrant Yonge Street, you'll enjoy easy access to shops, restaurants, grocery stores, parks, and everyday amenities. A rare opportunity to own a beautifully upgraded home with strong rental income potential in one of Richmond Hill's most sought-after communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13566418
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
47.95 × 95.05 ft
Cross streets
Shaftsbury And Elgin Mills
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick, Wood
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,202 / 2026
Days on market
96
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

Family RoomMain4.58 × 3.55 m

hardwood floor · open concept

Living RoomMain3.30 × 3.55 m

hardwood floor · open concept

KitchenMain4.00 × 3.70 m

ceramic floor · granite counters

FoyerMain6.20 × 1.90 m

hardwood floor · open concept

Primary BedroomUpper5.75 × 3.80 m

hardwood floor · 6 pc ensuite

Bedroom 3Upper4.35 × 3.55 m

hardwood floor · 5 pc ensuite

BreakfastMain3.90 × 1.85 m

ceramic floor · centre island

Bedroom 2Upper4.25 × 3.00 m

hardwood floor · large closet

Bedroom 4Upper4.25 × 3.20 m

hardwood floor · 5 pc bath

RecreationBasement6.15 × 3.85 m

laminate · open concept

Bedroom 5Basement4.30 × 4.10 m

laminate · window

Dining RoomMain3.55 × 2.75 m

hardwood floor · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Westbrook · asking prices
$1.43Mavg asking

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 $634/sqft; this home lists at $737/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.66MThis home1.48M1.40M1.40MThis home vs active comparables

Neighbourhood & location

Westbrook, 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.

Mill Pond
$1.56M
Jefferson
$1.41M
Crosby
$2.05M
Rouge Woods
$1.77M
Rural Richmond Hill
$1.66M

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
$7,557/mo
$313KIncome needed
5.3×Price ÷ income
$1,744Weekly cost
$29,635Land 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.

92%mortgage
Mortgage $7,557Property tax $683Total carry $8,240

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,334per month

Mortgage amount $1,326,400 · 4.49% over 25 years

$331,600Down payment (20.0%)
$1,326,400Loan before insurance
$0CMHC premium
$8,017Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,334
Property tax
$684
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,017

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

One-time closing costs

Ontario land transfer tax
$29,635
Estimated closing costs
$29,635

Plus your down payment of $331,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,877/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

$873,768Total interest paid
$2,200,168Total of all payments
Principal $1,326,400 Interest $873,768
YearPrincipalInterestBalance
1$29,600$58,407$1,296,800
2$30,944$57,063$1,265,857
3$32,349$55,658$1,233,508
4$33,817$54,189$1,199,691
5$35,353$52,654$1,164,338
6$36,958$51,049$1,127,381
7$38,636$49,371$1,088,745
8$40,390$47,617$1,048,355
9$42,224$45,783$1,006,131
10$44,141$43,866$961,989
11$46,145$41,861$915,844
12$48,240$39,766$867,604
13$50,431$37,576$817,173
14$52,721$35,286$764,452
15$55,114$32,892$709,338
16$57,617$30,390$651,721
17$60,233$27,774$591,489
18$62,968$25,039$528,521
19$65,826$22,180$462,695
20$68,815$19,191$393,879
21$71,940$16,067$321,940
22$75,206$12,801$246,734
23$78,621$9,386$168,113
24$82,190$5,816$85,922
25$85,922$2,084$0

At the end of your 5-year term

Total paid over the term
$440,034
Principal paid down
$162,062
Interest paid
$277,972
Balance remaining
$1,164,338

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$4,200/mo
$50,400Gross annual rent
2.1%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.0%
Gross yield
− Property tax $8,202− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,254

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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