76 Ellesmere Street, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13487422

$938,000
For Sale
Listed 112 days agoNo offer date stated
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2+2Bedrooms
4Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

Well Maintained Freehold Townhouse In Demanded & Convenient Location, Practical Layout, 2 Upper Level Bedrooms With Ensuite Bathroom, Professional Finished Basement With 2 Bedrooms & 3 Pcs Bathroom And Rec. Room, Private Landscaped Backyard, Recent Upgrades (Main Floor Laminate Flooring, Window Coverings Included Living Room Electric Blind, Light Switches), Updates By Owner (Furnace And Air-Conditioner (2024), Kitchen Cabinet Door(2022), Touchless Kitchen Faucet, Garage Door & Garage Door Opener (19), Windows, Electric Hot Water Tank(Owned), Roof Shingle & Attic Insulation), Close To Silver City, Go Station, Yonge Street Transportation, Schools & All Amenities, No "For Sale" Sign On Property

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13487422
Bedrooms
2+2 (4 total)
Bathrooms
4 (1 half)
Size
1100-1500 sq ft
Lot
14.76 × 101.12 ft
Cross streets
YYonge / Hwy 7 / Bantry
Parking
1 garage · 2 parking (detached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Other, Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,857 / 2026
Days on market
112
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Primary BedroomSecond4.20 × 3.05 m

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

KitchenMain3.95 × 1.70 m

open concept · laminate · double sink

BreakfastMain2.50 × 2.50 m

window · ceramic floor

Bedroom 3Basement4.10 × 2.35 m

closet · broadloom

Bedroom 4Basement2.90 × 2.60 m

closet · broadloom

Bedroom 2Second3.10 × 2.95 m

walk-in closet(s) · broadloom · 3 pc ensuite

Living RoomMain4.85 × 4.20 m

combined w/dining · laminate · walk-out

Dining RoomMain4.85 × 4.20 m

combined w/living · laminate

Great RoomBasement3.90 × 3.20 m

Broadloom

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$931Klikely sale price

Listed at $938,000. Going by how homes in Langstaff and the wider GTA have actually closed against their asking prices (about 99%, 10 local closings in 90 days), the likely sale price is near $931K, if it sells. A realistic range is $872K to $1.05M.

Independent value check: $967K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $906K and $1.01M).

Why $967K. The typical townhouse sold in Langstaff over the past year went for about $1.06M (32 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,857 a year; the typical home sold here pays about $5,400.
  • ▼ Lowers it slightlyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$872KBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Likely closing about $931K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.11Mmedian sold price
103%of asking, on average
+1%prices vs a year ago
~21 dayshomes like this take to sell
112days on market so far
$3,194/moest. rent · 5 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 6 townhouse homes for sale in the area against 10 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 $722/sqft against an area asking average of $667/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $886K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 3 homes sold on this street over the past two years, plus 2 nearby in Langstaff, from 71 closings in Langstaff.

What sellers nearby are askingCurrently listed nearby in Langstaff · asking prices
$1.06Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $967K, which is where my estimate comes from.

Per square foot, these ask about $686/sqft; this home lists at $722/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
938kThis home1.10M1.08M999k968k1.15MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Richmond Hill: $1.02M in September 2026, down 4% from a year ago, on 376 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$1.07M33
November 2025$1.05M37
December 2025$1.08M21
January 2026$1.10M25
February 2026$1.10M23
March 2026$1.06M23
April 2026$1.05M43
May 2026$1.05M46
June 2026$1.02M32
July 2026$1.02M24
August 2026$1.03M39
September 2026$1.02M30

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
$1.07M
North Richvale
$998K
Doncrest
$1.17M
Rouge Woods
$1.03M
Westbrook
$1.11M

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
$4,275/mo
$179KIncome needed
5.2×Price ÷ income
$987Weekly cost
$15,235Land 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.

91%mortgage
Mortgage $4,275Property tax $405Total carry $4,680

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,149per month

Mortgage amount $750,400 · 4.49% over 25 years

$187,600Down payment (20.0%)
$750,400Loan before insurance
$0CMHC premium
$4,554Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,149
Property tax
$405
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,554

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

One-time closing costs

Ontario land transfer tax
$15,235
Estimated closing costs
$15,235

Plus your down payment of $187,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,022/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

$494,327Total interest paid
$1,244,727Total of all payments
Principal $750,400 Interest $494,327
YearPrincipalInterestBalance
1$16,746$33,043$733,654
2$17,506$32,283$716,148
3$18,301$31,488$697,847
4$19,132$30,657$678,715
5$20,000$29,789$658,715
6$20,909$28,880$637,806
7$21,858$27,931$615,948
8$22,850$26,939$593,098
9$23,888$25,901$569,210
10$24,972$24,817$544,238
11$26,106$23,683$518,131
12$27,292$22,497$490,840
13$28,531$21,258$462,309
14$29,826$19,963$432,483
15$31,180$18,609$401,302
16$32,596$17,193$368,706
17$34,076$15,713$334,630
18$35,623$14,166$299,007
19$37,241$12,548$261,766
20$38,932$10,857$222,834
21$40,699$9,090$182,135
22$42,547$7,242$139,587
23$44,479$5,310$95,108
24$46,499$3,290$48,610
25$48,610$1,179$0

At the end of your 5-year term

Total paid over the term
$248,945
Principal paid down
$91,685
Interest paid
$157,260
Balance remaining
$658,715

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 5 whole-home leases in Langstaff$3,194/mo
$38,328Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,811 to $3,578Typical rent range
~31 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 5 whole-home leases in Langstaff signed at a median of $3,514 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,194. 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.

4.1%
Gross yield
− Property tax $4,857− Insurance $1,400− Vacancy & upkeep $4,216Net operating income $27,855

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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