206 Bernard Avenue, Richmond Hill, ON
Devonsleigh, Richmond Hill · MLS® N13880244
About this home
In short
- OPEN HOUSE THIS WEEKEND, OCT 17& 18, 2-4 PM.
- Numerous Updates Include All Windows, Renovated Main And Upper Floor Bathrooms, Updated Kitchen And Main Floor Hallway Tiles (2021), Front Yard Interlocking (2023)...
- The Finished Basement Features A Separate Entrance, 1 Bedroom, 1 Bathroom And A Kitchen, Ideal For Extended Family Or Potential Rental Income To Help Offset...
- Additional Highlights Include Main Floor Washer And Dryer, Basement Washer And Dryer (2023), And Rental Water Heater Replaced In 2025.
- Bernard Public School And Highly Ranked Richmond Hill High School (Ranked #52/747).
OPEN HOUSE THIS WEEKEND, OCT 17& 18, 2-4 PM! Welcome To This Beautifully Maintained And Extensively Updated Home In The Highly Sought-After Devonsleigh Community Of Richmond Hill! Offering A Spacious And Functional Layout With A Generous Combined Living And Dining Area, Perfect For Everyday Family Living And Entertaining. Numerous Updates Include All Windows, Renovated Main And Upper Floor Bathrooms, Updated Kitchen And Main Floor Hallway Tiles (2021), Front Yard Interlocking (2023), Backyard Interlocking And Shed (2022), Garage Insulation (2022), And Enclosed Front Porch (2016). The Finished Basement Features A Separate Entrance, 1 Bedroom, 1 Bathroom And A Kitchen, Ideal For Extended Family Or Potential Rental Income To Help Offset Homeownership Costs. Additional Highlights Include Main Floor Washer And Dryer, Basement Washer And Dryer (2023), And Rental Water Heater Replaced In 2025. Ideally Located Within Walking Distance To H.G. Bernard Public School And Highly Ranked Richmond Hill High School (Ranked #52/747). Just Minutes From Yonge Street, With Convenient Access To Shopping, Supermarkets, Restaurants, Parks, Public Transit And Everyday Amenities. A Wonderful Opportunity To Own A Well-Cared-For Home Offering Comfort, Versatility And Income Potential In One Of Richmond Hill's Most Established And Convenient Communities!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13880244
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 35.1 × 109.91 ft
- Cross streets
- Yonge/Elgin Mills
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,275 / 2026
- Days on market
- 10
- Listing brokerage
- RE/MAX REALTRON WENDY ZHENG REALTY
Rooms
laminate · mirrored closet
laminate · brick fireplace · walk-in closet(s)
hardwood floor · combined w/dining
hardwood floor · combined w/living
laminate · large closet · window
laminate · mirrored closet · 4 pc bath
laminate · walk-in closet(s) · 4 pc ensuite
laminate · mirrored closet
laminate · pot lights · window
ceramic floor · combined w/kitchen · w/o to yard
ceramic floor · family size kitchen · eat-in kitchen
ceramic floor · backsplash · 3 pc bath
Listed at $1,099,000, about 7% below our estimate of $1.18M (homes like it typically land between $1.10M and $1.23M).
Why $1.18M. The typical detached home sold in Devonsleigh over the past year went for about $1.38M (53 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $5,275 a year; the typical home sold here pays about $7,000.
- ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Fair value about $1.18M, learned from recent GTA sales.
The market behind the math:
About 1.5 months of inventory: 5 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $488/sqft against an area asking average of $521/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. A self-contained lower level is a premium that comparable-sales math under-prices, so read the estimate as a floor. 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 71 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.07M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- 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
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Devonsleigh, so I widened the search to the surrounding area.
Based on 71 comparable homes that sold in Devonsleigh over the past two years, from 99 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.18M, which is where my estimate comes from.
Per square foot, these ask about $534/sqft; this home lists at $488/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold 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.
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 | $1.58M | 86 |
| November 2025 | $1.47M | 77 |
| December 2025 | $1.68M | 48 |
| January 2026 | $1.48M | 52 |
| February 2026 | $1.52M | 57 |
| March 2026 | $1.49M | 70 |
| April 2026 | $1.50M | 73 |
| May 2026 | $1.46M | 114 |
| June 2026 | $1.50M | 119 |
| July 2026 | $1.50M | 92 |
| August 2026 | $1.48M | 80 |
| September 2026 | $1.44M | 80 |
Neighbourhood & location
Devonsleigh, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $879,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,861
- Property tax
- $440
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,301
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,455
- Estimated closing costs
- $18,455
Plus your down payment of $219,800. 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
- $291,675
- Principal paid down
- $107,422
- Interest paid
- $184,253
- Balance remaining
- $771,778
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON WENDY ZHENG REALTY. MLS®/PropTx.