52 Duncombe Lane, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13871992

$1,089,000
For Sale
Listed 8 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About this home

In short

  • RAVINE LOT TOWNHOME In In The Best Area Of Richmond Hill.
  • Of Upgrade Living Space (As Per Builder), This Home Boasts An Open-Concept Layout With A Modern Kitchen Showcasing A Centre Island, Stylish Backsplash, And Premium...
  • Highlights Include Pot Lights, 10-Ft Ceilings, Hardwood Floors On The Main, And A Sophisticated Dining Room With Coffered Ceilings.
  • The Primary Suite Offers A Juliette Balcony With Breathtaking Ravine Views, And A Spa Like 5Piece Ensuite.
  • The Fully Finished Lower Level Adds Valuable Living Space With An Open-Concept Layout, 4-Piece Bath, And Walk-Out To The Backyard.

RAVINE LOT TOWNHOME In In The Best Area Of Richmond Hill. Over 2,000 Sq.Ft. Of Upgrade Living Space (As Per Builder), This Home Boasts An Open-Concept Layout With A Modern Kitchen Showcasing A Centre Island, Stylish Backsplash, And Premium Stainless Steel Appliances. The Spacious Breakfast Area Walks Out To A Private Deck, Perfect For Morning Coffee Or Outdoor Dining. Highlights Include Pot Lights, 10-Ft Ceilings, Hardwood Floors On The Main, And A Sophisticated Dining Room With Coffered Ceilings. The Primary Suite Offers A Juliette Balcony With Breathtaking Ravine Views, And A Spa Like 5Piece Ensuite. The Fully Finished Lower Level Adds Valuable Living Space With An Open-Concept Layout, 4-Piece Bath, And Walk-Out To The Backyard. Just Steps To Hillcrest Mall, Renowned Restaurants, Top-Ranked Schools, Public Transit, Community Parks, And Tennis Courts. Enjoy The Convenience Of A Beautiful Nearby Park And The Added Bonus Of Ample Visitor Parking.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13871992
Bedrooms
3
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
19.72 × 87.43 ft
Cross streets
Yonge St & Carrville Rd
Parking
1 garage · 2 parking (attached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,999 / 2025
Days on market
8
Listing brokerage
HOME STANDARDS BRICKSTONE REALTY

Rooms

Living RoomMain3.97 × 3.37 m

hardwood floor · combined w/dining

Dining RoomMain3.97 × 3.37 m

hardwood floor · combined w/living

BreakfastMain3.90 × 2.61 m

hardwood floor · combined w/kitchen · w/o to deck

LaundrySecond2.00 × 2.00 m
Great RoomLower5.76 × 3.08 m

hardwood floor · w/o to yard · 4 pc ensuite

Primary BedroomSecond3.95 × 3.65 m

hardwood floor · w/o to balcony · 5 pc ensuite

Bedroom 3Second3.95 × 2.80 m

hardwood floor · large closet

Bedroom 2Second3.35 × 2.93 m

hardwood floor · large closet

Family RoomMain4.55 × 3.25 m

hardwood floor · open concept · large window

KitchenMain4.27 × 2.61 m

hardwood floor · granite counters · centre island

Our TakeTeam Asgarian · Broker
In line with recent sales
$1.07Mautomated estimate, from recent sales

Listed at $1,089,000, about 2% above our estimate of $1.07M (homes like it typically land between $1.00M and $1.12M).

List price
$1.00MBelow our range$1.12MAbove our range

Total price vs nearby homes. Fair value about $1.07M, learned from recent GTA sales.

The market behind the math:

8days on market so far
$4,147/moest. rent · 6 leases
4.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $484/sqft against an area asking average of $583/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $1.18M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. 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.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.05Mavg asking

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 $1.07M, which is where my estimate comes from.

Per square foot, these ask about $573/sqft; this home lists at $484/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.09MThis home1.07M998k1.10M999k1.09MThis home vs active comparables

Sold 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.

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$1.07M33
November 2025$1.05M37
December 2025$1.08M21
January 2026$1.10M25
February 2026$1.10M23
March 2026$1.06M23
April 2026$1.05M43
May 2026$1.05M46
June 2026$1.02M32
July 2026$1.02M24
August 2026$1.03M39
September 2026$1.02M30

Neighbourhood & location

South 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.

North Richvale
$998K
Langstaff
$1.01M
Doncrest
$1.17M
Rouge Woods
$1.03M
Westbrook
$1.11M

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
$4,963/mo
$209KIncome needed
5.2×Price ÷ income
$1,145Weekly cost
$18,255Land 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 $4,963Property tax $500Total carry $5,463

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,817per month

Mortgage amount $871,200 · 4.49% over 25 years

$217,800Down payment (20.0%)
$871,200Loan before insurance
$0CMHC premium
$5,317Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,817
Property tax
$500
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,317

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

One-time closing costs

Ontario land transfer tax
$18,255
Estimated closing costs
$18,255

Plus your down payment of $217,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,830/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

$573,904Total interest paid
$1,445,104Total of all payments
Principal $871,200 Interest $573,904
YearPrincipalInterestBalance
1$19,441$38,363$851,759
2$20,324$37,480$831,434
3$21,247$36,557$810,187
4$22,212$35,592$787,976
5$23,220$34,584$764,755
6$24,274$33,530$740,481
7$25,377$32,428$715,104
8$26,529$31,275$688,575
9$27,733$30,071$660,842
10$28,993$28,812$631,850
11$30,309$27,495$601,541
12$31,685$26,119$569,856
13$33,124$24,680$536,732
14$34,628$23,177$502,104
15$36,200$21,604$465,904
16$37,844$19,961$428,061
17$39,562$18,242$388,499
18$41,358$16,446$347,141
19$43,236$14,568$303,905
20$45,199$12,605$258,706
21$47,251$10,553$211,455
22$49,397$8,408$162,058
23$51,639$6,165$110,419
24$53,984$3,820$56,435
25$56,435$1,369$0

At the end of your 5-year term

Total paid over the term
$289,021
Principal paid down
$106,445
Interest paid
$182,576
Balance remaining
$764,755

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 6 whole-home leases in South Richvale$4,147/mo
$49,764Gross annual rent
3.4%Cap rate after taxes and upkeep
$3,815 to $4,479Typical rent range

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 numbers

The 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 $4,147. 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.

4.6%
Gross yield
− Property tax $5,999− Insurance $1,400− Vacancy & upkeep $5,474Net operating income $36,891

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

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