85 Lund Street, Richmond Hill, ON
North Richvale, Richmond Hill · MLS® N13769598
About this home
In short
- The Perfect Place to Start.
- In excellent condition and ready to move in, it offers the perfect combination of living space and fabulous private garden, and plenty of opportunity to make it truly...
- The finished basement provides valuable additional family space, complete with a wet sink and fridge tucked into the pantry.
- Step outside and discover a beautifully landscaped private garden, offering a peaceful retreat for morning coffee, family time and summer entertaining.
- Located in a welcoming family neighbourhood close to schools, library, hospital, shopping and everyday amenities, this is an opportunity to put down roots in a...
The Perfect Place to Start! Offered for the first time ever on the market, this lovingly maintained two-storey home with double interlock driveway + oversized single garage with direct access to house. A rare find in a wonderful, established family community. In excellent condition and ready to move in, it offers the perfect combination of living space and fabulous private garden, and plenty of opportunity to make it truly your own.The inviting main floor features a bright eat-in kitchen, and "L" shaped living and dining rooms completing the welcoming feel throughout. Upstairs offers well-proportioned bedrooms for a growing family. The finished basement provides valuable additional family space, complete with a wet sink and fridge tucked into the pantry. Step outside and discover a beautifully landscaped private garden, offering a peaceful retreat for morning coffee, family time and summer entertaining.This is a home you can move into today and personalize over time, bring your own style, colours and décor and create the home you've been dreaming about. Located in a welcoming family neighbourhood close to schools, library, hospital, shopping and everyday amenities, this is an opportunity to put down roots in a community you'll love. Never before offered. Excellent condition. Wonderful location. Fabulous private garden. Make it your own!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13769598
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 23.95 × 114.15 ft
- Cross streets
- Yonge St & Major Mackenzie Blvd
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,510 / 2026
- Days on market
- 39
- Listing brokerage
- KELLER WILLIAMS REALTY CENTRES
Rooms
mirrored closet · hardwood floor
overlooks frontyard · breakfast area
hardwood floor · l-shaped room
mirrored closet · hardwood floor
hardwood floor · w/o to deck
mirrored closet · hardwood floor
Listed at $928,000. Going by how homes in North Richvale and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $899K, if it sells. A realistic range is $843K to $1.01M.
Independent value check: $879K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $823K and $921K).
Why $879K. The typical detached home sold in North Richvale over the past year went for about $1.28M (60 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,510 a year; the typical home sold here pays about $6,400.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it slightly1 garage and 3 total parking spaces, against 2 and 5 typically.
- ▼ Lowers it slightly3 bedrooms and 3 baths, against 3+1 and 4 typically.
Total price vs nearby homes. Likely closing about $899K, from 16 recent closings in this pocket.
The market behind the math:
About 1.9 months of inventory: 10 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $714/sqft against an area asking average of $812/sqft.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $865K. Condition and finishes remain an in-person call.
What the listing highlights3 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
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($714/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 16 comparable homes that sold in North Richvale over the past two years, from 147 closings there.
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 $870/sqft; this home lists at $714/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
North Richvale, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $742,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,105
- Property tax
- $376
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,481
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,035
- Estimated closing costs
- $15,035
Plus your down payment of $185,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $246,291
- Principal paid down
- $90,708
- Interest paid
- $155,584
- Balance remaining
- $651,692
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 29 whole-home leases in North Richvale signed at a median of $2,931 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,659. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REALTY CENTRES. MLS®/PropTx.