39 Dewbourne Avenue, Richmond Hill, ON

Bayview Hill, Richmond Hill · MLS® N13869942

$5,200,000
For Sale
Listed 12 days agoNo offer date stated
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5+2Bedrooms
7Bathrooms
5Garage · 11 parking
5,000Sq ft

About this home

In short

  • Welcome to 39 Dewbourne Avenue, an impressive luxury residence in the prestigious Bayview Hills community of Richmond Hill sitting on a stunning 0.42 acre lot.
  • Offering approximately 7,800 sq. ft. above grade and nearly 11,000 sq. ft. of total living space, this exceptional 5+2 bedroom home provides remarkable space for...
  • Conveniently located near highly regarded schools, parks, shopping, dining, transit and major commuter routes, 39 Dewbourne Avenue is a rare opportunity to own a...

Welcome to 39 Dewbourne Avenue, an impressive luxury residence in the prestigious Bayview Hills community of Richmond Hill sitting on a stunning 0.42 acre lot. Offering approximately 7,800 sq. ft. above grade and nearly 11,000 sq. ft. of total living space, this exceptional 5+2 bedroom home provides remarkable space for family living, entertaining and multi-generational needs.The grand main level features expansive principal rooms, generous proportions and a thoughtful layout that flows effortlessly from everyday living to large-scale entertaining. Upstairs, five spacious bedrooms offer privacy and flexibility for the whole family, while the finished lower level adds two additional bedrooms and extensive living space ideal for guests, extended family, recreation, fitness, a home theatre or private office.Set among prestigious homes in one of Richmond Hill's most sought-after neighbourhoods, this substantial residence offers impressive curb appeal, exceptional versatility and the space to accommodate every stage of family life. Conveniently located near highly regarded schools, parks, shopping, dining, transit and major commuter routes, 39 Dewbourne Avenue is a rare opportunity to own a truly distinguished home in Bayview Hills.

Key facts

Property type
Detached, 2-Storey
MLS®
N13869942
Bedrooms
5+2 (7 total)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
119.86 × 186.88 ft
Cross streets
16th Avenue
Parking
5 garage · 11 parking (attached)
Driveway
Private Triple
Basement
Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$26,879 / 2025
Days on market
12
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Primary BedroomSecond7.54 × 10.54 m

5 pc ensuite · 2 pc ensuite

BathroomBasement2.36 × 1.62 m

4 Pc Bath

SittingMain5.29 × 4.62 m
Bedroom 5Second8.81 × 6.86 m

4 Pc Ensuite

KitchenMain5.07 × 10.39 m

eat-in kitchen · w/o to patio

Bedroom 3Second5.43 × 5.73 m

4 Pc Ensuite

RecreationBasement13.10 × 14.58 m
KitchenBasement3.32 × 4.04 m
Dining RoomMain5.29 × 7.52 m
Living RoomMain5.43 × 8.21 m
BedroomBasement5.64 × 4.58 m
Bedroom 4Second3.51 × 4.50 m

3 Pc Ensuite

BathroomSecond3.33 × 1.84 m

4 Pc Ensuite

FoyerMain3.40 × 3.80 m
Bedroom 2Second5.56 × 5.63 m

4 Pc Ensuite

BathroomSecond3.91 × 8.10 m

6 Pc Ensuite

BedroomBasement5.21 × 7.27 m
LaundryMain4.61 × 2.23 m
BathroomMain2.16 × 1.71 m

2 Pc Bath

Family RoomMain7.92 × 5.37 m
OfficeMain2.79 × 4.86 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Bayview Hill · asking prices
$2.83Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $610/sqft; this home lists at $1,040/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
5.20MThis home3.79M2.70M2.00MThis home vs active comparables

Neighbourhood & location

Bayview Hill, 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.

Observatory
$2.02M
Rouge Woods
$1.77M
Crosby
$2.05M
North Richvale
$1.51M
South Richvale
$3.94M

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
$23,700/mo
$976KIncome needed
5.3×Price ÷ income
$5,469Weekly cost
$116,475Land 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 $23,700Property tax $2,240Total carry $25,940

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$23,001per month

Mortgage amount $4,160,000 · 4.49% over 25 years

$1,040,000Down payment (20.0%)
$4,160,000Loan before insurance
$0CMHC premium
$25,241Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$23,001
Property tax
$2,240
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$25,241

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

One-time closing costs

Ontario land transfer tax
$116,475
Estimated closing costs
$116,475

Plus your down payment of $1,040,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$27,839/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

$2,740,406Total interest paid
$6,900,406Total of all payments
Principal $4,160,000 Interest $2,740,406
YearPrincipalInterestBalance
1$92,833$183,183$4,067,167
2$97,049$178,968$3,970,118
3$101,455$174,561$3,868,663
4$106,061$169,955$3,762,602
5$110,877$165,139$3,651,725
6$115,911$160,105$3,535,814
7$121,174$154,842$3,414,640
8$126,676$149,340$3,287,964
9$132,427$143,589$3,155,536
10$138,440$137,576$3,017,096
11$144,726$131,290$2,872,370
12$151,297$124,719$2,721,073
13$158,167$117,850$2,562,907
14$165,348$110,668$2,397,559
15$172,855$103,161$2,224,703
16$180,704$95,313$2,044,000
17$188,908$87,108$1,855,091
18$197,486$78,531$1,657,606
19$206,452$69,564$1,451,153
20$215,826$60,190$1,235,327
21$225,625$50,391$1,009,702
22$235,870$40,147$773,833
23$246,579$29,437$527,253
24$257,775$18,242$269,479
25$269,479$6,538$0

At the end of your 5-year term

Total paid over the term
$1,380,081
Principal paid down
$508,275
Interest paid
$871,806
Balance remaining
$3,651,725

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
Estimate$10,500/mo
$126,000Gross annual rent
1.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.4%
Gross yield
− Property tax $26,879− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $83,861

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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