825-2 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13429790

$728,888
For Sale
Listed 130 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Spacious 2-bedroom plus den suite featuring a large den with a generously sized window, making it ideal for use as a third bedroom, home office, or guest room.
  • Enjoy a rare 210 sq. ft. full-size balcony with unobstructed views, perfect for relaxing or entertaining.
  • The unit includes 1 parking space and 1 locker.
  • Designed with modern living in mind, this bright open-concept layout offers 9-foot smooth ceilings and a stylish kitchen complete with quartz countertops, a...
  • Conveniently located minutes from Highway 404, Costco, community centres, Richmond Green Secondary School, Holy Trinity School, grocery stores, shopping, and everyday...

Spacious 2-bedroom plus den suite featuring a large den with a generously sized window, making it ideal for use as a third bedroom, home office, or guest room. Enjoy a rare 210 sq. ft. full-size balcony with unobstructed views, perfect for relaxing or entertaining. The unit includes 1 parking space and 1 locker.Designed with modern living in mind, this bright open-concept layout offers 9-foot smooth ceilings and a stylish kitchen complete with quartz countertops, a designer-selected backsplash, centre island, and built-in appliances, including an integrated refrigerator, freezer, and dishwasher.Residents enjoy access to exceptional building amenities, including concierge service, music room, party room, outdoor BBQ area, theatre room, hobby room, fitness centre, yoga studio, and dog wash station.Conveniently located minutes from Highway 404, Costco, community centres, Richmond Green Secondary School, Holy Trinity School, grocery stores, shopping, and everyday conveniences.Available immediately.*Please note: All photos are from the previous listing and are provided for reference purposes only.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13429790
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
BAYVIEW/ELGIN MILLS
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$771/mo
Exposure
North West
Days on market
130
Listing brokerage
Canadian Living Realty Inc.

Rooms

Living RoomFlat3.02 × 3.96 m

w/o to balcony · nw view · combined w/kitchen

DenFlat3.02 × 2.80 m

west view · large window · carpet free

Bedroom 2Flat2.95 × 2.90 m

west view · b/i closet · large window

Primary BedroomFlat3.02 × 3.00 m

3 pc ensuite · b/i closet · north view

KitchenFlat3.20 × 3.66 m

b/i range · combined w/living · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$710Klikely sale price

Listed at $728,888 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $710K, typically $669K to $768K. Comparable closings on their own put this home around $588K, about 19% below the ask.

Longer on the market than typical. 130 days on the market against about 38 for homes like it here, and asking 24% above where comparable closings put it.

List price
$669KBelow recent closings$768KAbove recent closings

Total price vs nearby homes. Likely closing about $710K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$553Kmedian sold price
94%of asking, on average
~26 dayshomes like this take to sell
130days on market so far
$3,074/moest. rent · 24 leases
5.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.2 months of inventory: 7 condo apartment homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $768/sqft against an area asking average of $690/sqft.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Rural Richmond Hill, from 27 closings in Rural Richmond Hill.

Sold price trend

Median sold price for condos in Richmond Hill: $547K in September 2026, down 3% from a year ago, on 405 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$535K35
November 2025$546K36
December 2025$540K21
January 2026$510K17
February 2026$580K29
March 2026$595K33
April 2026$535K47
May 2026$550K43
June 2026$510K40
July 2026$560K33
August 2026$500K39
September 2026$547K32

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.

Nearby neighbourhoods

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

Crosby
$860K
Harding
$514K
North Richvale
$643K
Observatory
$550K
Langstaff
$524K

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) →

Affordability & Mortgage

Affordability
$3,322/mo
$160KIncome needed
4.6×Price ÷ income
$767Weekly cost
$11,053Land transfer tax, one-time (Ontario)
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.

73%mortgage
Mortgage $3,322Estimated property tax $456Condo fee $771Total carry $4,548

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,224per month

Mortgage amount $583,110 · 4.49% over 25 years

$145,778Down payment (20.0%)
$583,110Loan before insurance
$0CMHC premium
$4,451Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,224
Estimated property tax
$456
Condo / maintenance fees
$771
Heating
$0
Estimated monthly cost
$4,451

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

One-time closing costs

Ontario land transfer tax
$11,053
Estimated closing costs
$11,053

Plus your down payment of $145,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,902/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

$384,125Total interest paid
$967,235Total of all payments
Principal $583,110 Interest $384,125
YearPrincipalInterestBalance
1$13,013$25,677$570,098
2$13,603$25,086$556,494
3$14,221$24,468$542,273
4$14,867$23,823$527,407
5$15,542$23,148$511,865
6$16,247$22,442$495,618
7$16,985$21,704$478,633
8$17,756$20,933$460,876
9$18,562$20,127$442,314
10$19,405$19,284$422,909
11$20,286$18,403$402,622
12$21,207$17,482$381,415
13$22,170$16,519$359,245
14$23,177$15,512$336,068
15$24,229$14,460$311,838
16$25,329$13,360$286,509
17$26,479$12,210$260,030
18$27,682$11,008$232,348
19$28,939$9,751$203,409
20$30,252$8,437$173,157
21$31,626$7,063$141,531
22$33,062$5,627$108,469
23$34,563$4,126$73,906
24$36,132$2,557$37,773
25$37,773$916$0

At the end of your 5-year term

Total paid over the term
$193,447
Principal paid down
$71,245
Interest paid
$122,202
Balance remaining
$511,865

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
From 24 whole-home leases in Rural Richmond Hill$3,074/mo
$36,888Gross annual rent
2.5%Cap rate after taxes and upkeep
$2,921 to $3,228Typical rent range
~19 daysTo find a tenant, on average

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

Talk about the numbers

The last 24 whole-home leases in Rural Richmond Hill signed at a median of $2,448 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,074. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.1%
Gross yield
− Property tax $5,102− Condo fees $9,246− Insurance $600− Vacancy & upkeep $4,058Net operating income $17,882

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Canadian Living Realty Inc.. MLS®/PropTx.

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