606-29 Northern Heights, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13475046

$550,000
For Sale
Listed 119 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Bright And Sunny, Spacious Two Bedroom, Two Bathroom Condo With Large Windows.
  • Open Concept Kitchen With Breakfast Bar.
  • Master Suite With Walk In Closet And Ensuite Bath.
  • Amenities Include 24 hr Gate Security, Indoor Pool, Sauna, Gym, Party Room.
  • Minutes To Major Highways, Close To Hillcrest Mall And Transit.

Excellent Location! Bright And Sunny, Spacious Two Bedroom, Two Bathroom Condo With Large Windows. Combined Living And Dining. Open Concept Kitchen With Breakfast Bar. New Stainless Steel Fridge, Stove and Dishwasher. Master Suite With Walk In Closet And Ensuite Bath. Second Bedroom With Closet And Large Windows. Open Balcony Has Unobstructed South View, Access From Livingroom And Second Bedroom. Amenities Include 24 hr Gate Security, Indoor Pool, Sauna, Gym, Party Room. Minutes To Major Highways, Close To Hillcrest Mall And Transit. Must See!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13475046
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Yonge St/16th
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,079/mo
Exposure
South
Property tax
$2,425 / 2025
Days on market
119
Listing brokerage
ROYAL LEPAGE CERTIFIED REALTY

Rooms

Primary BedroomMain6.68 × 3.10 m

laminate · walk-in closet(s) · 4 pc ensuite

KitchenMain2.59 × 2.43 m

Ceramic Floor

Dining RoomMain7.06 × 3.22 m

laminate · combined w/living

Living RoomMain7.06 × 3.22 m

laminate · combined w/dining · w/o to balcony

Bedroom 2Main4.01 × 2.76 m

laminate · closet · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Langstaff, 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.

South Richvale
$553K
Observatory
$550K
North Richvale
$643K
Harding
$514K
Crosby
$860K

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
$2,507/mo
$126KIncome needed
4.4×Price ÷ income
$578Weekly cost
$7,475Land 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.

66%mortgage
Mortgage $2,507Property tax $202Condo fee $1,079Total carry $3,788

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)
$2,433per month

Mortgage amount $440,000 · 4.49% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,714Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$202
Condo / maintenance fees
$1,079
Heating
$0
Estimated monthly cost
$3,714

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

One-time closing costs

Ontario land transfer tax
$7,475
Estimated closing costs
$7,475

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,945/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

$289,851Total interest paid
$729,851Total of all payments
Principal $440,000 Interest $289,851
YearPrincipalInterestBalance
1$9,819$19,375$430,181
2$10,265$18,929$419,916
3$10,731$18,463$409,186
4$11,218$17,976$397,967
5$11,727$17,467$386,240
6$12,260$16,934$373,980
7$12,816$16,378$361,164
8$13,398$15,796$347,765
9$14,007$15,187$333,759
10$14,643$14,551$319,116
11$15,308$13,886$303,808
12$16,003$13,191$287,806
13$16,729$12,465$271,077
14$17,489$11,705$253,588
15$18,283$10,911$235,305
16$19,113$10,081$216,192
17$19,981$9,213$196,212
18$20,888$8,306$175,324
19$21,836$7,358$153,487
20$22,828$6,366$130,660
21$23,864$5,330$106,795
22$24,948$4,246$81,848
23$26,080$3,114$55,767
24$27,265$1,929$28,503
25$28,503$691$0

At the end of your 5-year term

Total paid over the term
$145,970
Principal paid down
$53,760
Interest paid
$92,210
Balance remaining
$386,240

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$3,050/mo
$36,600Gross annual rent
3.0%Cap rate after taxes and upkeep

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.

6.7%
Gross yield
− Property tax $2,425− Condo fees $12,948− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,601

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

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