63 Yorkland Street, Richmond Hill, ON

Devonsleigh, Richmond Hill · MLS® N13596000

$1,799,888
For Sale
Listed 88 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Exceptional family home in one of Richmond Hill's most sought after neighbourhoods.
  • This well maintained home features a functional layout with 4 spacious bedrooms and 3 bathrooms, making it ideal for families or investors alike.
  • A rare income generating opportunity with two self contained 1 bedroom basement apartments, each with a private separate entrance, currently tenanted, providing...

Location! Location! Location! Exceptional family home in one of Richmond Hill's most sought after neighbourhoods. Just steps to Yonge Street, top ranked Richmond Hill High School, parks, YRT and VIVA transit, shopping, restaurants, and all daily amenities.This well maintained home features a functional layout with 4 spacious bedrooms and 3 bathrooms, making it ideal for families or investors alike.A rare income generating opportunity with two self contained 1 bedroom basement apartments, each with a private separate entrance, currently tenanted, providing immediate rental income and excellent mortgage support.Bright principal rooms, generous living space, and outstanding convenience in a highly desirable location. A fantastic opportunity for end users, multi generational families, or investors looking for strong rental potential in a premium neighbourhood.

Key facts

Property type
Detached, 2-Storey
MLS®
N13596000
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
13.34 × 39.38 ft
Cross streets
Yonge/Elgin Mills
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Partially Finished, Walk-Out
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$3,430 / 2026
Days on market
88
Listing brokerage
BAY STREET GROUP INC.

Rooms

KitchenGround6.45 × 5.22 m

ceramic floor · california shutters · w/o to yard

Bedroom 3Second3.70 × 3.00 m

parquet · closet · window

Primary BedroomSecond5.85 × 4.90 m

parquet · 4 pc ensuite · window

Bedroom 2Second4.90 × 3.35 m

parquet · closet · window

RecreationBasement5.80 × 3.98 m

Broadloom

Living RoomGround6.05 × 3.40 m

Parquet

Bedroom 4Second3.30 × 3.40 m

parquet · closet · window

Family RoomGround5.98 × 3.40 m

parquet · bay window

Dining RoomGround3.65 × 3.40 m

parquet · fireplace · window

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 Devonsleigh · asking prices
$1.55Mavg 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 $498/sqft; this home lists at $655/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.80MThis home1.69M1.39M1.49M1.65MThis home vs active comparables

Neighbourhood & location

Devonsleigh, 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.

Westbrook
$1.58M
Crosby
$2.05M
Mill Pond
$1.71M
Rouge Woods
$1.77M
Jefferson
$1.41M

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
$8,203/mo
$322KIncome needed
5.6×Price ÷ income
$1,893Weekly cost
$32,473Land 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.

97%mortgage
Mortgage $8,203Property tax $286Total carry $8,489

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)
$7,962per month

Mortgage amount $1,439,910 · 4.49% over 25 years

$359,978Down payment (20.0%)
$1,439,910Loan before insurance
$0CMHC premium
$8,247Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,962
Property tax
$286
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,247

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

One-time closing costs

Ontario land transfer tax
$32,473
Estimated closing costs
$32,473

Plus your down payment of $359,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,636/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

$948,543Total interest paid
$2,388,454Total of all payments
Principal $1,439,910 Interest $948,543
YearPrincipalInterestBalance
1$32,133$63,405$1,407,778
2$33,592$61,947$1,374,186
3$35,117$60,421$1,339,069
4$36,711$58,827$1,302,358
5$38,378$57,160$1,263,980
6$40,121$55,418$1,223,859
7$41,942$53,596$1,181,917
8$43,847$51,692$1,138,070
9$45,837$49,701$1,092,233
10$47,919$47,620$1,044,314
11$50,094$45,444$994,220
12$52,369$43,169$941,851
13$54,747$40,792$887,105
14$57,232$38,306$829,873
15$59,831$35,707$770,042
16$62,547$32,991$707,494
17$65,387$30,151$642,107
18$68,356$27,182$573,751
19$71,460$24,078$502,291
20$74,704$20,834$427,587
21$78,096$17,442$349,491
22$81,642$13,896$267,848
23$85,349$10,189$182,499
24$89,224$6,314$93,275
25$93,275$2,263$0

At the end of your 5-year term

Total paid over the term
$477,691
Principal paid down
$175,930
Interest paid
$301,760
Balance remaining
$1,263,980

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$5,250/mo
$63,000Gross annual rent
2.8%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.

3.5%
Gross yield
− Property tax $3,430− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $51,240

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

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