83 Houseman Crescent, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13800010

$1,268,000
For Sale
Listed 32 days agoNo offer date stated
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3+2Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Stunning 2025 Complete Interior & Exterior Renovation.
  • Turnkey Family Home On A Quiet Crescent & Premium Pie-Shaped Lot.
  • Features 3 Spacious Bedrooms, Primary W/I Closet & Ensuite, 2nd Bedroom With A Reading Sitting Area, Plus A Main-Floor Den/Office.
  • Walk-Out From Both The Family Room & Breakfast Area To A Brand-New Patio. Impressive Professionally Finished Basement Offers A Spacious Entertainment Area, Gym...
  • New Furnace, New Central AC & Major Appliances, New Front Entry Door, Side Door, New Renovated Garage (Wall, Ceiling, Garage Doors and Eco-Friendly Epoxy Garage...

Stunning 2025 Complete Interior & Exterior Renovation! Turnkey Family Home On A Quiet Crescent & Premium Pie-Shaped Lot! Huge Private Backyard. Offering Exceptional Quality, Style & Functionality For Family Living & Home Office Use. Features 3 Spacious Bedrooms, Primary W/I Closet & Ensuite, 2nd Bedroom With A Reading Sitting Area, Plus A Main-Floor Den/Office. Bright Living Room With A Charming Bay Window, Cozy Family Room Features A Modern Electric Fireplace. Walk-Out From Both The Family Room & Breakfast Area To A Brand-New Patio. *** Impressive Professionally Finished Basement Offers A Spacious Entertainment Area, Gym Space, Full Bathroom & Bedroom, Plus A Spectacular Custom Wet Bar With Quartz Counter, Glass Display Cabinets & Built-In Wine Cooler-Perfect For Entertaining! *** Features Include Brand-New Hardwood Throughout, New wrought-iron staircase with solid oak stairs, New Porcelain Tile in Foyer, Den and Kitchen & Modern New Kitchen, All Interior Doors 2024, Most Windows 2024 With Triple-Pane Bedroom Windows Providing Superior Insulation & Soundproofing. Customized Elegant Shangri-La Shades + Coverings, Pot lights throughout, Crown Molding. New Furnace, New Central AC & Major Appliances, New Front Entry Door, Side Door, New Renovated Garage (Wall, Ceiling, Garage Doors and Eco-Friendly Epoxy Garage Floor), Water Filtration & Water Softener. *** Extensive Outdoor Upgrades Include Professional Exterior Wall Maintain, New lamp post, Brand-New Front & Backyard Interlock, Stone Steps & Railings, New Sprinkler System in Front Yard, A Large Private Backyard Surrounded By Mature Hedges & Trees-Ideal For Family Gatherings & Outdoor Enjoyment ***Location Within Walking Distance To Public Transit, Grocery Stores, Restaurants, Mackenzie Health Hospital & Richmond Hill Centre For The Performing Arts. Approx. 200m To Supermarket & Close To Major Mackenzie Health Centre. A Rare Combination Of Luxury, Comfort, Functionality & Location-Nothing To Do But Move In & Enjoy!

Key facts

Property type
Detached, 2-Storey
MLS®
N13800010
Bedrooms
3+2 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
67.9 × 124.71 ft
Cross streets
Bathurst/Major Mackenzie
Parking
2 garage · 6 parking (detached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,054 / 2026
Days on market
32
Listing brokerage
AIMHOME REALTY INC.

Rooms

Bedroom 3Second3.65 × 3.10 m

hardwood floor · closet · overlooks backyard

Primary BedroomSecond4.75 × 3.33 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

Exercise RoomBasement3.50 × 2.22 m

vinyl floor · window

Family RoomMain4.95 × 3.20 m

hardwood floor · fireplace · w/o to patio

Bedroom 4Basement3.23 × 3.10 m

vinyl floor · window · closet

RecreationBasement5.95 × 4.66 m

vinyl floor · wet bar · window

Dining RoomMain6.46 × 3.35 m

hardwood floor · overlooks backyard · combined w/living

DenMain2.75 × 2.25 m

porcelain floor · w/o to yard

BreakfastMain5.26 × 3.30 m

porcelain floor · cathedral ceiling(s) · w/o to patio

KitchenMain5.26 × 3.30 m

porcelain floor · quartz counter · breakfast area

Living RoomMain6.46 × 3.35 m

bay window · hardwood floor · combined w/dining

Bedroom 2Second4.45 × 3.35 m

hardwood floor · overlooks frontyard · combined w/sitting

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.23Mlikely sale price

Listed at $1,268,000. 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 $1.23M, if it sells. A realistic range is $1.15M to $1.38M.

Independent value check: $1.35M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $1.26M and $1.41M).

Why $1.35M. The typical detached home sold in North Richvale over the past year went for about $1.28M (60 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,054 a year; the typical home sold here pays about $6,400.
  • ▲ Raises it slightlyIts lot is 68 by 125 ft; the typical lot sold here is 40 by 120.
List price
$1.15MBelow recent closings$1.38MAbove recent closings

Total price vs nearby homes. Likely closing about $1.23M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$1.30Mmedian sold price
97%of asking, on average
−5%prices vs a year ago
~19 dayshomes like this take to sell
32days on market so far
$3,637/moest. rent · 36 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 13 detached homes for sale in the area against 16 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 $725/sqft against an area asking average of $787/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 $1.22M. 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 16 comparable homes that sold in North Richvale over the past two years, from 147 closings there.

What sellers nearby are askingCurrently listed nearby in North Richvale · asking prices
$1.32Mavg asking

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 $755/sqft; this home lists at $725/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.27MThis home1.26M1.25M1.46MThis home vs active comparables

Sold 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.

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$1.58M86
November 2025$1.47M77
December 2025$1.68M48
January 2026$1.48M52
February 2026$1.52M57
March 2026$1.49M70
April 2026$1.50M73
May 2026$1.46M114
June 2026$1.50M119
July 2026$1.50M92
August 2026$1.48M80
September 2026$1.44M80

Neighbourhood & location

North Richvale, 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.

Mill Pond
$1.56M
South Richvale
$4.06M
Westbrook
$1.58M
Crosby
$2.05M
Observatory
$2.02M

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
$5,779/mo
$243KIncome needed
5.2×Price ÷ income
$1,334Weekly cost
$21,835Land 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 $5,779Property tax $588Total carry $6,367

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,609per month

Mortgage amount $1,014,400 · 4.49% over 25 years

$253,600Down payment (20.0%)
$1,014,400Loan before insurance
$0CMHC premium
$6,197Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,609
Property tax
$588
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,197

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

One-time closing costs

Ontario land transfer tax
$21,835
Estimated closing costs
$21,835

Plus your down payment of $253,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,789/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

$668,238Total interest paid
$1,682,638Total of all payments
Principal $1,014,400 Interest $668,238
YearPrincipalInterestBalance
1$22,637$44,668$991,763
2$23,665$43,641$968,098
3$24,739$42,566$943,359
4$25,863$41,443$917,496
5$27,037$40,269$890,459
6$28,265$39,041$862,195
7$29,548$37,758$832,647
8$30,889$36,416$801,757
9$32,292$35,014$769,465
10$33,758$33,547$735,707
11$35,291$32,015$700,416
12$36,893$30,412$663,523
13$38,568$28,737$624,955
14$40,319$26,986$584,635
15$42,150$25,155$542,485
16$44,064$23,242$498,421
17$46,065$21,241$452,357
18$48,156$19,149$404,201
19$50,343$16,963$353,858
20$52,628$14,677$301,230
21$55,018$12,288$246,212
22$57,516$9,790$188,696
23$60,127$7,178$128,569
24$62,857$4,448$65,711
25$65,711$1,594$0

At the end of your 5-year term

Total paid over the term
$336,528
Principal paid down
$123,941
Interest paid
$212,587
Balance remaining
$890,459

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 36 whole-home leases in North Richvale$3,637/mo
$43,644Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,262 to $3,859Typical rent range
~32 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 36 whole-home leases in North Richvale signed at a median of $3,142 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,637. 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.

3.4%
Gross yield
− Property tax $7,054− Insurance $1,400− Vacancy & upkeep $4,801Net operating income $30,389

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

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