124-2 David Eyer Road, Richmond Hill, ON
Rural Richmond Hill, Richmond Hill · MLS® N12247976
About this home
Welcome to Suite 124, a bright and beautifully appointed 2-bedroom, 2-bathroom condo offering 908 sq. ft. of thoughtfully designed living space all on the ground floor with exceptional accessibility and convenience.This rare unit features an oversized private patio, perfect for relaxing, gardening, or entertaining outdoors. Ideally situated near the buildings main entrance, its an excellent choice for seniors, those with mobility needs, or anyone who values easy access. The included premium parking spot in the garage is just a short, level walk to the suite, adding to the units unique appeal. Inside, the home is filled with natural light from generous windows and boasts newly installed custom window coverings throughout. The open-concept layout seamlessly connects the living, dining, and kitchen areas, while the two spacious bedrooms are ideally positioned for privacy .Enjoy direct access to a suite of luxury amenities just steps from your door including a concierge, party room, gym, yoga studio, theatre room, hobby/craft room, and ample visitor parking for your guests. Located in a sought-after Richmond Hill community, 6 David Eyer Rd offers a tranquil lifestyle with all the convenience of urban living. Suite 124 is perfect for downsizers, first-time buyers, or investors seeking a modern, low-maintenance home with outstanding walkability and a strong sense of community. Do not miss this rare ground-floor opportunity book your private showing today!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N12247976
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- Elgin Mills Rd & Bayview Ave
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $756/mo
- Exposure
- North
- Property tax
- $4,534 / 2025
- Days on market
- 386
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
combined w/living · open concept · w/o to terrace
closet · open concept
window · closet
open concept · breakfast bar
open concept · combined w/dining · w/o to terrace
Tile Floor
3 pc ensuite · window · closet
Listed at $785,000, this home is about 10% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($827/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $945K, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $699K
- Bedrooms −$30K
- Adjusts to $669K
That comparable adjusts to $669K; the $713K estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Richmond Green SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Elgin Mills Rd / Shirley Dr is about a 5-minute walk away.
Total price vs nearby homes. Fair value about $713K, median of 7 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 4% above the area average of $792/sqft.
371 days longer than the Richmond Hill average (15 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rural Richmond Hill, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Elgin Mills Rd / Shirley Dr, about 385 m away
Within a 15-minute (1.5 km) walk.
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) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $628,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,351
- Property tax
- $378
- Condo / maintenance fees
- $756
- Heating
- $0
- Estimated monthly cost
- $4,485
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,175
- Estimated closing costs
- $12,175
Plus your down payment of $157,000. 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
- $201,074
- Principal paid down
- $79,976
- Interest paid
- $121,099
- Balance remaining
- $548,024
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ALL-STARS REALTY INC.. MLS®/PropTx.