116 Dunlop Street, Richmond Hill, ON

Crosby, Richmond Hill · MLS® N13735222

$1,380,000
For Sale
Listed 18 days agoNo offer date stated
Request a showing
◎ Directions
4Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome To 116 Dunlop Street, Fabulous House In Prime Richmond Hill.
  • Walk-In Distance To Richmond Hill Centre For The Performing Arts, Restaurants, Shopping, Community Centre With Wave Pool, Hockey Arena And Much More.
  • Stunning Open Concept Layout, Gleaming Hardwood Floors, Beautiful Gourmet Kitchen With Built-In Appliances And Granite Counters.
  • 4 Spacious Bedrooms And Professionally Finished Basements.(this property features 2 large/master bedrooms.) A True Gem.
  • Excellent connectivity to Toronto via Yonge Street and Highway 404.

Welcome To 116 Dunlop Street, Fabulous House In Prime Richmond Hill. The Desirable 'Crosby' Community. This delightful residence offers a perfect blend of comfort, convenience, and charm. Inside, you'll find spacious living areas filled with natural light, ideal for entertaining guests or relaxing with family. The well-appointed kitchen boasts a large eat-in area, ample storage, backyard retreat. Walk-In Distance To Richmond Hill Centre For The Performing Arts, Restaurants, Shopping, Community Centre With Wave Pool, Hockey Arena And Much More. Stunning Open Concept Layout, Gleaming Hardwood Floors, Beautiful Gourmet Kitchen With Built-In Appliances And Granite Counters. 4 Spacious Bedrooms And Professionally Finished Basements.(this property features 2 large/master bedrooms.) A True Gem! Excellent connectivity to Toronto via Yonge Street and Highway 404. You'll also enjoy the convenience of a variety of shops, restaurants, and services just minutes away on Yonge Street! Steps To Elgin Barrow Arena Complex, Richmond Hill Lawn Bowling & Tennis Courts.

Key facts

Property type
Detached, 2-Storey
MLS®
N13735222
Bedrooms
4
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
40.39 × 100 ft
Cross streets
Yonge And Major Mackenzie
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,667 / 2026
Days on market
18
Listing brokerage
LPT REALTY

Rooms

Dining RoomMain3.05 × 3.96 m

hardwood floor · window · formal rm

KitchenMain2.13 × 3.35 m

b/i appliances · granite counters · window

Family RoomMain3.96 × 3.35 m

hardwood floor · fireplace · combined w/living

LibraryMain3.05 × 3.96 m

hardwood floor · separate room · window

Primary BedroomSecond5.50 × 3.60 m

hardwood floor · walk-in closet(s) · 4 pc bath

Living RoomMain3.96 × 3.35 m

hardwood floor · open concept · combined w/dining

RecreationBasement10.67 × 4.57 m

laminate · b/i closet · 3 pc bath

Bedroom 4Second3.35 × 3.96 m

hardwood floor · b/i closet · 3 pc bath

Bedroom 3Second3.65 × 3.04 m

hardwood floor · double closet · 3 pc ensuite

Bedroom 2Second3.04 × 3.06 m

hardwood floor · closet · 3 pc bath

BreakfastMain2.74 × 3.35 m

tile floor · side door · w/o to patio

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.37Mlikely closing

Listed at $1,380,000 with no offer date. Homes here have been closing close to ask, so my read is $1.37M, typically $1.29M to $1.40M. Comparable closings on their own put this home around $1.49M, which supports the ask, so this is a firm read.

List price
$1.29MBelow recent closings$1.40MAbove recent closings

Total price vs nearby homes. Likely closing about $1.37M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$1.03Mmedian sold price
99%of asking, on average
−9%prices vs a year ago
~28 dayshomes like this take to sell
18days on market so far
$4,357/moest. rent · 6 leases
3.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 14 detached homes for sale in the area against 20 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 $502/sqft against an area asking average of $711/sqft. Size and $/sqft both feed the estimate above.

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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.20M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Alexander Mackenzie HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Crosby, so I widened the search to the surrounding area.

Based on 20 comparable homes that sold in Crosby over the past two years, from 94 closings there.

What sellers nearby are askingCurrently listed nearby in Crosby · asking prices
$1.88Mavg 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 $1.49M, which is where my estimate comes from.

Per square foot, these ask about $705/sqft; this home lists at $502/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.38MThis home1.25M1.75M1.65M2.89MThis home vs active comparables

Neighbourhood & location

Crosby, 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.

Harding
$2.23M
Mill Pond
$1.92M
Devonsleigh
$1.47M
Rouge Woods
$1.62M
Westbrook
$1.57M

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) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Crosby Heights PS
57%
Crosby Heights PSPublic · Elementary · JK-8 · 1.0 km awayBelow the GTA average · 57% meet the provincial standard
Our Lady Queen Of The WorldEQAO results not published
Also nearby: 12 more schools within 2.5 km
O M MacKillop Public School · Public elementary1.0 km · 60% at standard
Walter Scott Public School · Public elementary1.1 km · 55% at standard
St Mary Immaculate Catholic Elementary School · Catholic elementary1.4 km · 87% at standard
Beverley Acres Public School · Public elementary1.5 km · 92% at standard
Bayview Secondary School · Public secondary1.6 km · 93% at standard
Our Lady Queen of the World CA High School · Catholic secondary1.6 km · 86% at standard
St Joseph Catholic Elementary School · Catholic elementary1.7 km · 75% at standard
Richmond Rose Public School · Public elementary1.9 km · 82% at standard
Pleasantville Public School · Public elementary1.9 km · 80% at standard
Corpus Christi Catholic Elementary School · Catholic elementary2.1 km · 85% at standard
Silver Pines Public School · Public elementary2.1 km · 76% at standard
St Anne Catholic Elementary School · Catholic elementary2.2 km · 87% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,290/mo
$264KIncome needed
5.2×Price ÷ income
$1,451Weekly cost
$24,075Land 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 $6,290Property tax $639Total carry $6,929

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,043per month

Mortgage amount $1,104,000 · 4.39% over 25 years

$276,000Down payment (20.0%)
$1,104,000Loan before insurance
$0CMHC premium
$6,682Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,043
Property tax
$639
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,682

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

One-time closing costs

Ontario land transfer tax
$24,075
Estimated closing costs
$24,075

Plus your down payment of $276,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,321/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

$708,903Total interest paid
$1,812,903Total of all payments
Principal $1,104,000 Interest $708,903
YearPrincipalInterestBalance
1$24,982$47,534$1,079,018
2$26,091$46,425$1,052,927
3$27,249$45,267$1,025,678
4$28,458$44,058$997,220
5$29,721$42,795$967,499
6$31,040$41,476$936,458
7$32,418$40,098$904,040
8$33,857$38,659$870,184
9$35,359$37,157$834,824
10$36,929$35,587$797,895
11$38,568$33,949$759,328
12$40,279$32,237$719,049
13$42,067$30,449$676,982
14$43,934$28,582$633,048
15$45,884$26,632$587,164
16$47,920$24,596$539,243
17$50,047$22,469$489,196
18$52,268$20,248$436,928
19$54,588$17,928$382,340
20$57,011$15,505$325,329
21$59,541$12,975$265,788
22$62,184$10,333$203,605
23$64,943$7,573$138,661
24$67,826$4,691$70,836
25$70,836$1,680$0

At the end of your 5-year term

Total paid over the term
$362,581
Principal paid down
$136,501
Interest paid
$226,079
Balance remaining
$967,499

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 6 whole-home leases in Crosby$4,357/mo
$52,284Gross annual rent
2.7%Cap rate after taxes and upkeep
$4,009 to $4,706Typical rent range
~18 daysTo find a tenant, on average

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 6 whole-home leases in Crosby signed at a median of $3,954 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,357. 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.

3.8%
Gross yield
− Property tax $7,667− Insurance $1,400− Vacancy & upkeep $5,751Net operating income $37,465

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

CallRequest a showing