98 Leyburn Avenue, Richmond Hill

Price: $1,658,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13566418

Welcome to this beautifully renovated detached home with a double garage, nestled in a mature and highly desirable neighborhood in Richmond Hill. Boasting over $150,000 in premium renovations, this home has been extensively upgraded with the main level renovated in 2021 and the entire second floor beautifully redesigned in 2025, this move-in ready home showcases elegant 9-foot smooth ceilings, new flooring, designer lighting with pot lights, and fully renovated bathrooms featuring modern finishes. The heart of the home is the impressive oversized corner kitchen, complete with abundant custom cabinetry, a built-in wine rack, granite countertops, and a premium gas cooktop-perfect for everyday living and entertaining.The fully finished basement with a separate entrance offers excellent income potential, generating approximately $2,000/month in rental income, making it an ideal mortgage helper or investment opportunity. Conveniently located just steps to public transit and vibrant Yonge Street, you'll enjoy easy access to shops, restaurants, grocery stores, parks, and everyday amenities. A rare opportunity to own a beautifully upgraded home with strong rental income potential in one of Richmond Hill's most sought-after communities.

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$1,658,000 - 98 Leyburn Avenue, Richmond Hill

Detached for Sale in Richmond Hill

Popular Listing

Neighbourhood: Westbrook

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13566418
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
CENTURY 21 MYPRO REALTY
Description

Welcome to this beautifully renovated detached home with a double garage, nestled in a mature and highly desirable neighborhood in Richmond Hill. Boasting over $150,000 in premium renovations, this home has been extensively upgraded with the main level renovated in 2021 and the entire second floor beautifully redesigned in 2025, this move-in ready home showcases elegant 9-foot smooth ceilings, new flooring, designer lighting with pot lights, and fully renovated bathrooms featuring modern finishes. The heart of the home is the impressive oversized corner kitchen, complete with abundant custom cabinetry, a built-in wine rack, granite countertops, and a premium gas cooktop-perfect for everyday living and entertaining.The fully finished basement with a separate entrance offers excellent income potential, generating approximately $2,000/month in rental income, making it an ideal mortgage helper or investment opportunity. Conveniently located just steps to public transit and vibrant Yonge Street, you'll enjoy easy access to shops, restaurants, grocery stores, parks, and everyday amenities. A rare opportunity to own a beautifully upgraded home with strong rental income potential in one of Richmond Hill's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,333.89/mo

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5-yr fixed avg.

Principal: $1,326,400Interest: $873,768
Mortgage Amount$1,326,400
Total Interest$873,768
Est. Property Tax$1,174/mo
Total Cost$2,200,168

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: Westbrook

Discover Westbrook

Westbrook 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 Westbrook

  • 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

Westbrook 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

98 Leyburn Avenue, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,174
Insurance (est.)-$345
Net Cash Flow+$2,181

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

Fair Market Value

At $829/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Detached Home Advantages

Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.

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 Westbrook

I know Westbrook 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.

Investment Perspective

Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,908 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    98 Leyburn Avenue, Richmond Hill | $1,658,000 | Battaglia Team