316-6 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13099012

$480,000
For Sale
Listed 71 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to Unit 316 at 6 David Eyer Rd - a bright and thoughtfully designed 1+1 suite with desirable southwest exposure, offering approximately 650 sq. ft. of functional living space. The versatile den is ideal for a home office or guest space, complemented by a well-laid-out open-concept design connecting the kitchen, dining, and living areas. This unit features 9-foot ceilings, modern finishes throughout, and a stylish kitchen with quartz counter-tops, matching back splash, and sleek appliances. Enjoy two full bathrooms for added convenience and flexibility - a rare and valuable feature in this layout. Positioned on a quiet corner of the building facing inward, this suite offers a peaceful setting away from street noise. Step onto your private balcony to enjoy warm natural light and southwest exposure throughout the day. Includes 1 underground parking space conveniently located on P1 (same level) and 1 storage locker. In-suite laundry included. High-speed internet included. Located in a highly desirable Richmond Hill community just minutes to Hwy 404, Richmond Green Park, Costco, GO Station, top-rated schools, and everyday amenities. An excellent opportunity for first-time buyers, downsizers, or investors seeking comfort, functionality, and location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13099012
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Bayview & Elgin Mills
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$573/mo
Exposure
South West
Property tax
$2,535 / 2025
Days on market
71
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomMain0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
DenMain0.00 × 0.00 m
Living RoomMain0.00 × 0.00 m
Dining RoomMain0.00 × 0.00 m
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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
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$540k707-95 Oneida Crescent$499k201E-8868 Yonge Street$565k

The 5 closest of 8 active listings nearby.

See all comparable homes
480kThis home530k539k540k499k565kThis home vs active comparables
Live market pulseActive comparables in Rural Richmond Hill · median list $529K
$739this home / sqft
6active listings nearby
71days on market

This home lists 10% below the area average of $820/sqft.

56 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
$2,188/mo
$104KIncome needed
4.6×Price ÷ income
$505Weekly 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.

74%mortgage
Mortgage $2,188Property tax $211Condo fee $573Total carry $2,972

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)
$2,049per month

Mortgage amount $384,000 · 4.14% over 25 years

$96,000Down payment (20.0%)
$384,000Loan before insurance
$0CMHC premium
$2,833Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,049
Property tax
$211
Condo / maintenance fees
$573
Heating
$0
Estimated monthly cost
$2,833

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

One-time closing costs

Ontario land transfer tax
$6,075
Estimated closing costs
$6,075

Plus your down payment of $96,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,489/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

$230,750Total interest paid
$614,750Total of all payments
Principal $384,000 Interest $230,750
YearPrincipalInterestBalance
1$8,996$15,594$375,004
2$9,372$15,218$365,632
3$9,764$14,826$355,868
4$10,173$14,417$345,696
5$10,598$13,992$335,098
6$11,041$13,549$324,056
7$11,503$13,087$312,553
8$11,984$12,606$300,569
9$12,486$12,104$288,083
10$13,008$11,582$275,075
11$13,552$11,038$261,523
12$14,119$10,471$247,405
13$14,709$9,881$232,695
14$15,325$9,265$217,370
15$15,966$8,624$201,405
16$16,633$7,957$184,771
17$17,329$7,261$167,442
18$18,054$6,536$149,388
19$18,809$5,781$130,579
20$19,596$4,994$110,983
21$20,416$4,174$90,567
22$21,270$3,320$69,297
23$22,159$2,431$47,138
24$23,086$1,504$24,052
25$24,052$538$0

At the end of your 5-year term

Total paid over the term
$122,950
Principal paid down
$48,902
Interest paid
$74,048
Balance remaining
$335,098

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
2.5%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.

5.1%
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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