46 Betony Drive, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13634418

$999,000
For Sale
Listed 77 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • THIS REMARKABLE TOWNHOUSE SITUATED IN PRESTIGIOUS OAK RIDGES COMMUNITY.
  • BUILT IN 2015, THIS TRADITIONAL TOWNHOUSE HAS 3 SPACIOUS BEDROOMS ON 2ND FLOOR PLUS AN EXTRA BEDROOM IN THE BASEMENT, PERFECT FOR IN-LAW SUITE OR FOR EXTRA INCOME.
  • DARK STAINED REAL OAK HARDWOOD FLOORS ON MAIN AND 2ND FLOORS AND THE STAIRS.

THIS REMARKABLE TOWNHOUSE SITUATED IN PRESTIGIOUS OAK RIDGES COMMUNITY. BUILT IN 2015, THIS TRADITIONAL TOWNHOUSE HAS 3 SPACIOUS BEDROOMS ON 2ND FLOOR PLUS AN EXTRA BEDROOM IN THE BASEMENT, PERFECT FOR IN-LAW SUITE OR FOR EXTRA INCOME. DARK STAINED REAL OAK HARDWOOD FLOORS ON MAIN AND 2ND FLOORS AND THE STAIRS. UPGRADED BASEBOARDS THROUGHOUT. GAS RANGE IN THE KITCHEN AND UPGRADED FRIDGE WITH WATER LINE. BREAKFAST BAR. GRANITE COUNTERTOPS IN THE KITCHEN AND ALL BATHROOMS. UPGRADED GLASS SHOWER STALL. POTLIGHTS THROUGHOUT. ENTRANCE FROM GARAGE. RARE EXTRA DOOR FROM GARAGE TO THE BACKYARD FOR CONVENIENCE. LOTS OF STORAGE SPACE AND BUILT-IN CABINETS THROUGHOUT THE HOUSE. CENTRAL VAC. BLINDS ON ALL WINDOWS. A GARDEN SHED IN THE BACKYARD. CLOSE TO SHOPPING PLAZAS, LAKES, GOLF COURSES. TRANSIT AT THE DOOR. PUBLIC AND CATHOLIC SHOOLS IN WALKING DISTANCE. YOUR CLIENT WON'T BE DISAPPOINTED!

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13634418
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
25.13 × 89.34 ft
Cross streets
Bathurst Street and King Road
Parking
1 garage · 3 parking (built-in)
Basement
Apartment, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,600 / 2025
Days on market
77
Listing brokerage
ARCREALTY INC.

Rooms

Bedroom 4Basement2.87 × 6.58 m
LaundryBasement2.74 × 3.96 m

B/I Shelves

Primary BedroomSecond4.24 × 3.84 m

hardwood floor · 4 pc ensuite · granite counters

BreakfastMain2.92 × 3.01 m

W/O To Yard

KitchenMain2.87 × 3.53 m

breakfast bar · stainless steel appl · granite counters

Bedroom 2Second3.01 × 3.01 m

Hardwood Floor

Dining RoomMain5.36 × 4.18 m

combined w/living · hardwood floor

Bedroom 3Second3.01 × 3.41 m

Hardwood Floor

Living RoomMain5.36 × 4.18 m

combined w/dining · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$968Klikely sale price

Listed at $999,000. Going by how homes in Oak Ridges and the wider GTA have actually closed against their asking prices (about 97%, 13 local closings in 90 days), the likely sale price is near $968K, if it sells. A realistic range is $907K to $1.09M.

Independent value check: $973K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $912K and $1.02M).

Why $973K. The typical townhouse sold in Oak Ridges over the past year went for about $1.02M (48 sales). What sets this one apart:

  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $4,600 a year; the typical home sold here pays about $4,700.
List price
$907KBelow recent closings$1.09MAbove recent closings

Total price vs nearby homes. Likely closing about $968K, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$1.00Mmedian sold price
98%of asking, on average
−2%prices vs a year ago
~28 dayshomes like this take to sell
77days on market so far
$3,448/moest. rent · 64 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 10 townhouse homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $571/sqft against an area asking average of $568/sqft.

  • basement apartment features. A finished 1 bed basement apartment. A self-contained space for extended family, guests or potential income. In Oak Ridges basements rarely rent out (5 of 87 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. 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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $909K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 4 homes sold on this street over the past two years, plus 1 nearby in Oak Ridges, from 104 closings in Oak Ridges.

Sold price trend

Median sold price for townhouses in Richmond Hill: $1.02M in September 2026, down 4% from a year ago, on 376 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$1.07M33
November 2025$1.05M37
December 2025$1.08M21
January 2026$1.10M25
February 2026$1.10M23
March 2026$1.06M23
April 2026$1.05M43
May 2026$1.05M46
June 2026$1.02M32
July 2026$1.02M24
August 2026$1.03M39
September 2026$1.02M30

Neighbourhood & location

Oak Ridges, 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.

Jefferson
$1.01M
Oak Ridges Lake Wilcox
$1.02M
Westbrook
$1.07M
Rural Richmond Hill
$1.10M
Rouge Woods
$1.00M

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
$4,553/mo
$189KIncome needed
5.3×Price ÷ income
$1,051Weekly cost
$16,455Land 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 $4,553Property tax $383Total carry $4,936

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,802Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$383
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,802

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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 64 whole-home leases in Oak Ridges$3,448/mo
$41,376Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,234 to $3,713Typical rent range
~28 daysTo find a tenant, on average

About the suite: in Oak Ridges basements rarely rent out (5 of 87 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 64 whole-home leases in Oak Ridges signed at a median of $3,556 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,448. 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.

4.1%
Gross yield
− Property tax $4,600− Insurance $1,400− Vacancy & upkeep $4,551Net operating income $30,825

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

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