307-6 DAVID EYER Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N12917390

$528,000
For Sale
Listed 115 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to Elgin East by Sequoia Grove Homes. Excellent opportunity for first-time buyers, Downsizers or investors. Great location, Family friendly community. Spacious 1+1 bedrooms, convenient 2 bathrooms, 652 sq. Excellent layout, Open concept with a balcony , Very bright, 9 feet smooth ceiling through out, Modern kitchen, Quartz countertop , Built in appliances .Condo amenities include concierge, piano lounge, party room, outdoor BBQ, Theater, hobby room, gym and a yoga studio. Great location, minutes from Costco, Home Depot, Walmart, Dollarama, Restaurants, Library, Community Centre Hwy 404, and GO Train station.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N12917390
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Bayview Ave/Elgin Mills Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$573/mo
Exposure
North East
Property tax
$2,535 / 2025
Days on market
115
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

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.

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
Comparable listingsCurrently listed nearby · asking prices
$535kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

208E-8868 Yonge Street$530k1909-105 Oneida Crescent$539k1107E-8868 Yonge Street$540k201E-8868 Yonge Street$565k707-95 Oneida Crescent$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
528kThis home530k539k540k565k499kThis home vs active comparables
Live market pulseActive comparables in Rural Richmond Hill · median list $529K
$813this home / sqft
6active listings nearby
115days on market

This home lists 1% above the area average of $808/sqft.

100 days longer than the Richmond Hill average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural Richmond Hill, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

48/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Elgin Mills Rd / Shirley Dr, about 419 m away

20+ transit stops20+ dining16 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Devonsleigh
$559K
Crosby
$511K
Harding
$515K
North Richvale
$701K
Observatory
$585K

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) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Richmond Green SS
86%
Richmond Green SSPublic · Secondary · 9-12 · 1.3 km awayHigher-rated than most nearby · 86% meet the provincial standard
Unnamed ES (North Leslie)EQAO results not published

Affordability & Mortgage

Affordability
$2,406/mo
$113KIncome needed
4.7×Price ÷ income
$555Weekly cost
20% down4.79%25-yr amortization

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.

75%mortgage
Mortgage $2,406Property tax $211Condo fee $573Total carry $3,190

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,254per month

Mortgage amount $422,400 · 4.14% over 25 years

$105,600Down payment (20.0%)
$422,400Loan before insurance
$0CMHC premium
$3,038Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,254
Property tax
$211
Condo / maintenance fees
$573
Heating
$0
Estimated monthly cost
$3,038

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,035
Estimated closing costs
$7,035

Plus your down payment of $105,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,738/monthPayment at the qualifying rate

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

$253,825Total interest paid
$676,225Total of all payments
Principal $422,400 Interest $253,825
YearPrincipalInterestBalance
1$9,895$17,154$412,505
2$10,309$16,740$402,195
3$10,741$16,308$391,455
4$11,190$15,859$380,265
5$11,658$15,391$368,607
6$12,145$14,904$356,462
7$12,653$14,396$343,808
8$13,183$13,866$330,626
9$13,734$13,315$316,891
10$14,309$12,740$302,583
11$14,907$12,142$287,676
12$15,531$11,518$272,145
13$16,180$10,869$255,965
14$16,857$10,192$239,108
15$17,562$9,487$221,545
16$18,297$8,752$203,248
17$19,062$7,987$184,186
18$19,859$7,190$164,327
19$20,690$6,359$143,637
20$21,556$5,493$122,081
21$22,457$4,592$99,624
22$23,397$3,652$76,227
23$24,375$2,674$51,852
24$25,395$1,654$26,457
25$26,457$592$0

At the end of your 5-year term

Total paid over the term
$135,245
Principal paid down
$53,793
Interest paid
$81,452
Balance remaining
$368,607

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.

Let's connect

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

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

4.7%
Gross yield
− Property tax $2,535− Condo fees $6,873− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,886

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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