NEW PRICE. More opportunity. Occupy for the holidays. Massive 210 ft deep lot! Loads of potential (conversion to a duplex, large expansion possible due to the large lot, etc.**) Solid, sturdy brick raised bungalow (Brick exterior. NO vinyl to warp or aluminum to oxidize or ding) in the popular Harding area in Richmond Hill. This raised bungalow has a split entry, so converting to a duplex may be feasible (no retrofit status implied or offered) by adding a separation wall and split doors. Upstairs, you will find 3 bedrooms with hardwood floors (original), straight walls, crown molding. The spacious lower (full basement) features multiple above grade windows for ample light. Outside, you will be greeted by a large deck, and a huge yard for your garden, or perhaps a custom garage*. The location, close to Major Mackenzie and Bayview, allows easy access to shopping, public transit and the Hwy 400 or 404 routes.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,357 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 172 Colborne Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
5 spaces
Basement
Partially Finished, Full
Features & systems
Parking & garage
Parking spaces
5
Interior
Basement
Partially Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
172 Colborne Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,667
/mo
based on the purchase price of $950,000
$190,000 cash
$760,000 financed
$640,119 total interest
Principal54%$760,000
Interest46%$640,119
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other 2–3 bed homes for sale in Richmond Hill around $950K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings1,134Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with May 11 – Aug 9, 2026: prices up.
Based on 779 sales from Aug 9 – Nov 7, 2026 (638 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
172 Colborne Ave is listed at $950,000 (MLS® N13777922). Summitly updates the price as soon as the MLS® record changes.
Is $950,000 a good price for 172 Colborne Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 172 Colborne Ave changed?
Yes — it was first listed at $998,000 and is now $950,000, a drop of $48,000 (4.8%).
How many bedrooms and bathrooms does 172 Colborne Ave have?
172 Colborne Ave has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Richmond Hill.
Is 172 Colborne Ave close to transit?
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 740 m (about a 9-minute walk) in a straight line. Langstaff GO Station is about 4.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 172 Colborne Ave?
About $4,667 a month — principal and interest on $950,000 with 20% down ($190,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 172 Colborne Ave?
Yes — Sunday, November 8, 1:00 PM – 3:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 172 Colborne Ave compare with other homes in Richmond Hill?
Its asking price of $950,000 is about 16% below the median sold price in Richmond Hill over the last 90 days, $1,131,800, across 779 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 172 Colborne Ave been sold before?
Summitly has no earlier MLS® sale or lease of 172 Colborne Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 172 Colborne Ave?
172 Colborne Ave is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 172 Colborne Ave been on the market?
55 days — 172 Colborne Ave was listed on September 13, 2026.
What is the price per square foot of 172 Colborne Ave?
About $864 to $1,357 per square foot: the asking price of $950,000 over the 700–1,100 sq ft the listing gives as its size range.
