12 Genuine Lane, Richmond Hill, ON
Doncrest, Richmond Hill · MLS® N13791548
About this home
In short
- At the intersection of luxury & elevated lifestyle.
- The sweet spot: the 4th bedroom & ensuite on the lower level (above grade) with walk out separate entrance(s) would serve well for multiple purposes: in-law/separate...
- Robert Catholic HS. Close enough to benefit from the Yonge North SUBWAY Station and far enough to not be directly impacted by the construction- already underway. The...
- Upstairs & lower level feature 9' ceiling with spacious bedrooms & ample storage space with the cherry on top of an upstairs laundry room.
At the intersection of luxury & elevated lifestyle! Welcome to an exceptional & modern townhouse in highly-sought Urban Towns at Bayview-nestled in a quiet, peaceful pocket. **Uniquely situated: ONE of only 6 north-south lots in the complex backing onto a parkette, unobstructed view- loads of sun & privacy.** In pristine condition- meticulously maintained & updated. The sweet spot: the 4th bedroom & ensuite on the lower level (above grade) with walk out separate entrance(s) would serve well for multiple purposes: in-law/separate suite with income potential, perfect for multi-generational families, a bright & independent home office. *** One of the valuable features of this remarkable home is that it overlooks a beautiful parkette, permanent & unobstructed view- no driveway in front and no house behind-more privacy & plenty of sunlight! *** Prime LOCATION- quick & easy access to grocery stores (Loblaws, Walmart), big box stores (Home Depot, Canadian Tire, Staples, Best Buy, Walmart), restaurants & movie theatre, minutes to Hwy 7, 407, 404, Go Train Stn, Parks, Community Centre. Highly rated schools district- i.e St.Robert Catholic HS.*** Close enough to benefit from the Yonge North SUBWAY Station and far enough to not be directly impacted by the construction- already underway. *** The open-concept main floor boasts GRAND 10' smooth ceilings, abundant natural light, sleek finishes and quality craftsmanship throughout. The GENEROUS living and dining areas provide the perfect backdrop for everyday living & entertaining, flowing seamlessly into a well-appointed kitchen with stylish cabinetry, premium appliances & plenty of storage. Convenient main floor access to balcony- easy to BBQ. Upstairs & lower level feature 9' ceiling with spacious bedrooms & ample storage space with the cherry on top of an upstairs laundry room. Be sure to view virtual tour. Ask for fully furnished option -for true turn key-most furnishings avail for sale. Some photos reflect virtual staging.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13791548
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Cross streets
- Bayview & Briggs Ave- Hwy 7
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Other
- Foundation
- Concrete, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,763 / 2025
- Days on market
- 34
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Rooms
breakfast bar · granite counters · stainless steel appl
5 pc ensuite · walk-in closet(s) · large window
3 pc ensuite · large closet · w/o to patio
semi ensuite · his and hers closets · overlooks park
open concept · overlooks park · w/o to balcony
large window · closet · overlooks park
open concept · picture window
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Considering this property? Request a written price readNeighbourhood & location
Doncrest, Richmond Hill, ON
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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 $959,840 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,307
- Property tax
- $480
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,787
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,471
- Estimated closing costs
- $20,471
Plus your down payment of $239,960. 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
- $318,427
- Principal paid down
- $117,275
- Interest paid
- $201,152
- Balance remaining
- $842,565
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. MLS®/PropTx.