101-9 Chalmers Road, Richmond Hill, ON
Doncrest, Richmond Hill · MLS® N13247722
About this home
Welcome to this rare and exceptionally spacious 3-bedroom condo in the heart of prime Richmond Hill location. Offering 1,621 square feet of beautifully renovated living space, this unit has been fully updated from top to bottom with a clean, modern design and 9 ft flat ceilings that enhance the open, airy feel. Large patio floor-to-ceiling windows throughout the home flood the space with abundant natural light, making it bright and inviting all day long. The family-sized kitchen is perfect for everyday living and entertaining, complemented by two full stylish bathrooms for added comfort and convenience. One of the standout features is the private backyard and patio, a rare find in condo living that ideal for relaxing, outdoor dining or enjoying added green space. The unit also includes two underground parking spots and a huge locker with plenty of storage space. Located just steps from plazas filled with restaurants from cozy cafes and causal eateries to exceptional restaurants, close to medical building, and soon to be across from the future T and T supermarket. Everything you need is right at your doorstep. With quick access to Highway 7, Highway 404, VIVA, GO Transit, and the Richmond Hill Centre Terminal, this is an unbeatable location for commuters and families alike. A truly unique opportunity offering space, style, and convenience all in one.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13247722
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1600-1799
- Lot
- 1621
- Cross streets
- Bayview / Hwy 7
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,450/mo
- Exposure
- South East
- Property tax
- $2,985 / 2025
- Days on market
- 42
- Listing brokerage
- KW Living Realty
Rooms
laminate · 5 pc ensuite · overlooks backyard
laminate · double closet · w/o to patio
laminate · w/o to patio · open concept
tile floor · laundry sink
laminate · walk-in closet(s) · w/o to patio
laminate · open concept · formal rm
laminate · quartz counter · family size kitchen
laminate · closet
Listed at $788,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Doncrest, so I widened the search to the surrounding area.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $769K, a bit lower.
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 $728K
- Size difference +$209K
- Adjusts to $937K
That comparable adjusts to $937K; the $903K estimate above is the median of all 10 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 Thornlea 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, this is a very walkable address with everyday errands close by. Highway 7 / Chalmers Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $903K, median of 10 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 35% below the area average of $711/sqft.
27 days longer than the Richmond Hill average (15 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Doncrest, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Highway 7 / Chalmers Rd, about 121 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 $630,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,364
- Property tax
- $249
- Condo / maintenance fees
- $1,450
- Heating
- $0
- Estimated monthly cost
- $5,063
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,235
- Estimated closing costs
- $12,235
Plus your down payment of $157,600. 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
- $201,843
- Principal paid down
- $80,282
- Interest paid
- $121,561
- Balance remaining
- $550,118
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 KW Living Realty. MLS®/PropTx.