52 Duncombe Lane, Richmond Hill

Price: $1,298,000

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13871992

Stunning R-A-V-I-N-E--L-O-T- T-O-W-N-H-O-M-E In Prestigious South Richvale . Featuring Over 2,000 Sq.Ft. Of Elegant 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, 9-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 5-Piece 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.

52 Duncombe Lane - Townhouse photo 1 of 16 in Richmond Hill, Ontario
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New Listing
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$1,298,000 - 52 Duncombe Lane, Richmond Hill

Townhouse for Sale in Richmond Hill

New — Listed today

Neighbourhood: South Richvale

3Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse

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Property Details
MLS Number
N13871992
Property Type
Townhouse
Status
active
Days on Site
0
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$5,999
Listing Brokerage
HOME STANDARDS BRICKSTONE REALTY
Description

Stunning R-A-V-I-N-E--L-O-T- T-O-W-N-H-O-M-E In Prestigious South Richvale . Featuring Over 2,000 Sq.Ft. Of Elegant 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, 9-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 5-Piece 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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,741.49/mo

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5-yr fixed avg.

Principal: $1,038,400Interest: $684,048
Mortgage Amount$1,038,400
Total Interest$684,048
Est. Property Tax$919/mo
Total Cost$1,722,448

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South Richvale

Discover South Richvale

South Richvale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South Richvale

  • •Convenient location in Richmond Hill
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

South Richvale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

52 Duncombe Lane, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$919
Insurance (est.)-$270
Net Cash Flow+$1,841

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $649/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Richmond Hill have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About South Richvale

I know South Richvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    52 Duncombe Lane, Richmond Hill | $1,298,000 | Battaglia Team