33 Duncombe Lane, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N13846632
About this home
In short
- EXCEPTIONAL SOUTH RICHVALE LIVING.
- Discover Refined Luxury In This Rarely Offered, Fully Upgraded Freehold Residence Offering Over 2,030 Sq.
- An Impressive Open-Concept Layout Is Enhanced By Soaring 14-Foot Ceilings, 9-Foot Ceilings On The Main And Second Floors, And Private Balconies On Every Level...
- The Luxurious Primary Suite Offers A Private Retreat, Complete With A Dramatic Cathedral Ceiling, Spacious Walk-In Closet, Spa-Inspired 5-Piece Ensuite, And Charming...
EXCEPTIONAL SOUTH RICHVALE LIVING. Discover Refined Luxury In This Rarely Offered, Fully Upgraded Freehold Residence Offering Over 2,030 Sq.Ft. Of Beautifully Designed Living Space, Ideally Situated In One Of Richmond Hill's Most Coveted Communities. From Its Striking Architectural Presence To Its Thoughtfully Curated Interiors, Every Detail Has Been Designed To Create A Sophisticated And Effortless Living Experience.An Impressive Open-Concept Layout Is Enhanced By Soaring 14-Foot Ceilings, 9-Foot Ceilings On The Main And Second Floors, And Private Balconies On Every Level, Creating An Exceptional Sense Of Scale, Light, And Seamless Indoor-Outdoor Living. Elegant Oak Staircases With Contemporary Metal Pickets Add A Distinctive Touch Of Modern Sophistication.At The Heart Of The Home, The Chef-Inspired Kitchen Features An Oversized Centre Island And Premium Granite Countertops, Perfectly Designed For Both Everyday Living And Entertaining. The Sophisticated Living Area Is Anchored By A Modern Fireplace, Creating A Warm And Inviting Focal Point For Relaxed Family Evenings And Elegant Gatherings.The Luxurious Primary Suite Offers A Private Retreat, Complete With A Dramatic Cathedral Ceiling, Spacious Walk-In Closet, Spa-Inspired 5-Piece Ensuite, And Charming Juliet Balcony. A Convenient Second-Floor Laundry Room Further Enhances The Home's Thoughtful Design And Everyday Functionality.The Professionally Finished Walk-Out Lower Level Extends The Living Experience With Versatile Space Ideal For Recreation, Guests, A Home Office, Or Family Enjoyment. Generously Proportioned Living And Family Areas Throughout The Home Deliver An Exceptional Balance Of Comfort, Functionality, And Sophistication.A Distinguished Opportunity To Own A Beautifully Upgraded Freehold Residence In South Richvale - Where Elegant Design, Exceptional Scale, And Modern Luxury Come Together Seamlessly. A Home Of Distinction, Designed For Those Who Appreciate The Finer Things In Life.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13846632
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 20.01 × 81.23 ft
- Cross streets
- Yonge St & Carrville Rd
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,126 / 2026
- Days on market
- 15
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · large window · 2 pc bath
hardwood floor · large window · large closet
walk-in closet(s) · w/o to balcony · 5 pc ensuite
hardwood floor · overlooks backyard · combined w/dining
hardwood floor · large window · large closet
access to garage · 4 pc bath · w/o to yard
hardwood floor · w/o to balcony · combined w/family
hardwood floor · granite counters · stainless steel appl
b/i shelves · stainless steel appl · carpet free
hardwood floor · breakfast bar · centre island
Listed at $1,068,000, about 7% below our estimate of $1.14M (homes like it typically land between $1.07M and $1.20M).
Total price vs nearby homes. Fair value about $1.14M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $475/sqft against an area asking average of $579/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In South Richvale basements rarely rent out (0 of 15 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
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 5 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 highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in South Richvale, so I widened the search to the surrounding area.
Based on 5 homes sold on this street over the past two years, from 13 closings in South Richvale.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.14M, which is where my estimate comes from.
Per square foot, these ask about $575/sqft; this home lists at $475/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Richmond Hill: $1.02M in September 2026, down 4% from a year ago, on 376 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 | $1.07M | 33 |
| November 2025 | $1.05M | 37 |
| December 2025 | $1.08M | 21 |
| January 2026 | $1.10M | 25 |
| February 2026 | $1.10M | 23 |
| March 2026 | $1.06M | 23 |
| April 2026 | $1.05M | 43 |
| May 2026 | $1.05M | 46 |
| June 2026 | $1.02M | 32 |
| July 2026 | $1.02M | 24 |
| August 2026 | $1.03M | 39 |
| September 2026 | $1.02M | 30 |
Neighbourhood & location
South 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 16, 2026); conventional rates run a little higher.
Mortgage amount $854,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,724
- Property tax
- $511
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,235
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,835
- Estimated closing costs
- $17,835
Plus your down payment of $213,600. 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
- $283,447
- Principal paid down
- $104,392
- Interest paid
- $179,056
- Balance remaining
- $750,008
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
About the suite: in South Richvale basements rarely rent out (0 of 15 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 6 whole-home leases in South Richvale signed at a median of $4,111 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,222. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.