148 Devonsleigh Boulevard, Richmond Hill

Price: $1,180,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13037202

A standout detached residence in sought-after Devonsleigh, offering approximately 4,000 sq ft of beautifully finished living space (2,454 sq ft above grade per MPAC plus finished basement) on a premium 48.25 x 110.96 ft lot. This bright, family home showcases a spacious and functional layout designed for stylish everyday living and effortless entertaining. The main level presents elegant open-concept living and dining rooms with hardwood flooring, generous natural light, and seamless flow into a dramatic 2-storey family room featuring a natural gas fireplace and striking floor-to-ceiling window. The family-sized kitchen is both practical and inviting, appointed with marble countertops, stainless steel appliances, backsplash, ample cabinetry, and a sun-filled breakfast area with walk-out to the deck and fully fenced backyard. Upstairs, the spacious primary retreat offers a 4-piece ensuite and walk-in closet, while 2 additional bedrooms and an open-concept study overlooking the family room provide flexibility for family living, work-from-home needs, or a quiet reading area. The finished basement extends the home's versatility with a large recreation space, 2 additional bedrooms, pot lights, vinyl flooring, and a stylish updated 3-piece bathroom, ideal for extended family, guests, a home office, or multi-purpose use. Approximately $60,000 has been spent on improvements in the past 2 years, including the basement, and the washrooms were completely renovated in March 2026. Shingles replaced in 2021. Complete with an attached double garage, parking for 4 vehicles, and close proximity to parks, schools, golf, places of worship, and everyday amenities, this is a rare opportunity to own a spacious and thoughtfully updated home in one of Richmond Hill's most established family neighbourhoods.

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$1,180,000 - 148 Devonsleigh Boulevard, Richmond Hill

Detached for Sale in Richmond Hill

56 days on market
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13037202
Property Type
Detached
Status
active
Days on Site
56
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Richmond Hill
Listing Brokerage
EXP REALTY
Description

A standout detached residence in sought-after Devonsleigh, offering approximately 4,000 sq ft of beautifully finished living space (2,454 sq ft above grade per MPAC plus finished basement) on a premium 48.25 x 110.96 ft lot. This bright, family home showcases a spacious and functional layout designed for stylish everyday living and effortless entertaining. The main level presents elegant open-concept living and dining rooms with hardwood flooring, generous natural light, and seamless flow into a dramatic 2-storey family room featuring a natural gas fireplace and striking floor-to-ceiling window. The family-sized kitchen is both practical and inviting, appointed with marble countertops, stainless steel appliances, backsplash, ample cabinetry, and a sun-filled breakfast area with walk-out to the deck and fully fenced backyard. Upstairs, the spacious primary retreat offers a 4-piece ensuite and walk-in closet, while 2 additional bedrooms and an open-concept study overlooking the family room provide flexibility for family living, work-from-home needs, or a quiet reading area. The finished basement extends the home's versatility with a large recreation space, 2 additional bedrooms, pot lights, vinyl flooring, and a stylish updated 3-piece bathroom, ideal for extended family, guests, a home office, or multi-purpose use. Approximately $60,000 has been spent on improvements in the past 2 years, including the basement, and the washrooms were completely renovated in March 2026. Shingles replaced in 2021. Complete with an attached double garage, parking for 4 vehicles, and close proximity to parks, schools, golf, places of worship, and everyday amenities, this is a rare opportunity to own a spacious and thoughtfully updated home in one of Richmond Hill's most established family neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,219.54/mo

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5-yr fixed avg.

Principal: $944,000Interest: $621,861
Mortgage Amount$944,000
Total Interest$621,861
Est. Property Tax$836/mo
Total Cost$1,565,861

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: Richmond Hill

Discover Richmond Hill

Richmond Hill 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 Richmond Hill

  • 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

Richmond Hill 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

148 Devonsleigh Boulevard, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$836
Insurance (est.)-$246
Net Cash Flow+$2,618

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 $590/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.

Negotiation Opportunity

At 56 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $4,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    148 Devonsleigh Boulevard, Richmond Hill | $1,180,000 | Battaglia Team