172 Colborne Avenue, Richmond Hill, ON
Harding, Richmond Hill · MLS® N13777922
About this home
In short
- Massive 210 ft deep lot.
- Upstairs, you will find 3 bedrooms with hardwood floors (original), straight walls, crown molding.
- The location, close to Major Mackenzie and Bayview, allows easy access to shopping, public transit and the Hwy 400 or 404 routes.
Massive 210 ft deep lot!! Loads of potential (conversion to a duplex, large expansion possible due to the large lot, etc.**) Solid, sturdy brick raised bungalow in the popular Harding area in Richmond Hill. This raised bungalow has a split entry, so converting to a duplex may be feasible (no retrofit status implied or offered) by adding a separation wall and split doors. Upstairs, you will find 3 bedrooms with hardwood floors (original), straight walls, crown molding. The spacious lower (full basement) features multiple above grade windows for ample light. Outside, you will be greeted by a large deck, and a huge yard. Perfect for your garden, or perhaps a custom garage*. The location, close to Major Mackenzie and Bayview, allows easy access to shopping, public transit and the Hwy 400 or 404 routes.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13777922
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2 (1 half)
- Size
- 700-1100 sq ft
- Lot
- 52.58 × 210.27 ft
- Cross streets
- Major Mackenzie-bayview
- Parking
- 5 parking
- Driveway
- Private Double
- Basement
- Partially Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Brick Veneer
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,878 / 2026
- Days on market
- 36
- Listing brokerage
- FIRST CHOICE REALTY ONTARIO LTD.
Rooms
Hardwood Floor
combined w/living · hardwood floor · crown moulding
partly finished · above grade window
Hardwood Floor
Partly Finished
irregular room · combined w/dining · walk-out
partly finished · above grade window
hardwood floor · closet
Overlooks Dining
Listed at $950,000. Going by how homes in Harding and the wider GTA have actually closed against their asking prices (about 96%, 11 local closings in 90 days), the likely sale price is near $913K, if it sells. A realistic range is $856K to $1.03M.
Independent value check: $1.03M. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $961K and $1.07M).
Why $1.03M. The typical detached home sold in Harding over the past year went for about $1.11M (42 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,878 a year; the typical home sold here pays about $6,200.
- ▼ Lowers it3+1 bedrooms and 2 baths, against 3+1 and 3 typically.
- ▼ Lowers it slightlyIts lot is 53 by 210 ft; the typical lot sold here is 50 by 110.
- ▼ Lowers it slightlyIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
Total price vs nearby homes. Likely closing about $913K, from 11 recent closings in this pocket.
The market behind the math:
About 4.4 months of inventory: 16 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,056/sqft against an area asking average of $1,112/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $974K. 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
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($1,056/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Harding, so I widened the search to the surrounding area.
Based on 11 comparable homes that sold in Harding over the past two years, from 72 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.03M, which is where my estimate comes from.
Per square foot, these ask about $1,198/sqft; this home lists at $1,056/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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
Harding, 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 $760,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,202
- Property tax
- $573
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,775
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,475
- Estimated closing costs
- $15,475
Plus your down payment of $190,000. 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
- $252,130
- Principal paid down
- $92,858
- Interest paid
- $159,272
- Balance remaining
- $667,142
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 34 whole-home leases in Harding signed at a median of $3,528 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,067. 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 FIRST CHOICE REALTY ONTARIO LTD.. MLS®/PropTx.