112-370 Red Maple Road, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13523474

$698,880
For Sale
Listed 78 days agoNo offer date statedSitting longer than typical
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Wellcome To This Well Maintained Spectacular Townhouse At The High Demand Location In The Centre Of Richmond Hill.
  • 2 Bedroom With 2 Ensuite Bath.
  • Open Concept, High Ceilings, Lot Of Large Windows, Filled With Many Nature Sun Lights, Family Size Morden Kitchen, Oak Cabinets, Solid Oak Stairwell & Railings...
  • Close To Hillcrest Mall, Go Train Station & Bus Stops, T&T Supermarket, No Frills, Library, Parks, Community Centre & More.

Wellcome To This Well Maintained Spectacular Townhouse At The High Demand Location In The Centre Of Richmond Hill! 2 Bedroom With 2 Ensuite Bath! 1115 Sqft. Open Concept, High Ceilings, Lot Of Large Windows, Filled With Many Nature Sun Lights, Family Size Morden Kitchen, Oak Cabinets, Solid Oak Stairwell & Railings, Laminate Flooring Throughout. Close To Hillcrest Mall, Go Train Station & Bus Stops, T&T Supermarket, No Frills, Library, Parks, Community Centre & More.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
N13523474
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Yonge St/16th Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$381/mo
Exposure
South
Property tax
$4,203 / 2026
Days on market
78
Listing brokerage
JDL REALTY INC.
Our TakeTeam Asgarian · Broker
Above what recent sales support
$662Kautomated estimate, from recent sales

Listed at $698,880. Recent sales of homes like it put this one around $662K, so the ask is about 5% above what similar homes have sold for.

Longer on the market than typical. 78 days on the market, and asking 5% above where comparable closings put it.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$616KBelow recent closings$699KAbove recent closings

Total price vs nearby homes. Fair value about $662K, learned from recent GTA sales.

The market behind the math:

78days on market so far
$2,657/moest. rent · 17 leases
4.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $636/sqft against an area asking average of $580/sqft. Size and $/sqft both feed the estimate above.

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 and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $634K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Red Maple PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Langstaff, so I widened the search to the surrounding area.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Langstaff, from 12 closings in Langstaff.

What sellers nearby are askingCurrently listed nearby in Langstaff · asking prices
$772kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $662K, which is where my estimate comes from.

Per square foot, these ask about $604/sqft; this home lists at $636/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
699kThis home699k718k900kThis home vs active comparables

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.

Observatory
$713K
Doncrest
$953K
North Richvale
$949K
Mill Pond
$641K
Crosby
$999K

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 Red Maple PS
69%
Red Maple PSPublic · Elementary · JK-8 · 1.0 km awayAround the GTA average · 69% meet the provincial standard
St. RobertEQAO results not published
Also nearby: 12 more schools within 2.5 km
Sixteenth Avenue Public School · Public elementary0.6 km · 70% at standard
Charles Howitt Public School · Public elementary1.3 km · 74% at standard
Ross Doan Public School · Public elementary1.4 km · 80% at standard
Roselawn Public School · Public elementary1.5 km · 74% at standard
St Charles Garnier Catholic Elementary School · Catholic elementary1.5 km · 82% at standard
St Joseph Catholic Elementary School · Catholic elementary2.0 km · 75% at standard
Bayview Hill Elementary School · Public elementary2.1 km · 88% at standard
Adrienne Clarkson Public School · Public elementary2.2 km · 89% at standard
St Anne Catholic Elementary School · Catholic elementary2.4 km · 87% at standard
Alexander MacKenzie High School · Public secondary2.4 km · 84% at standard
Doncrest Public School · Public elementary2.5 km · 81% at standard
Walter Scott Public School · Public elementary2.5 km · 55% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,185/mo
$143KIncome needed
4.9×Price ÷ income
$735Weekly cost
$10,453Land 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.

81%mortgage
Mortgage $3,185Property tax $350Condo fee $381Total carry $3,916

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,060per month

Mortgage amount $559,104 · 4.39% over 25 years

$139,776Down payment (20.0%)
$559,104Loan before insurance
$0CMHC premium
$3,792Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,060
Property tax
$350
Condo / maintenance fees
$381
Heating
$0
Estimated monthly cost
$3,792

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

One-time closing costs

Ontario land transfer tax
$10,453
Estimated closing costs
$10,453

Plus your down payment of $139,776. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,708/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

$359,013Total interest paid
$918,117Total of all payments
Principal $559,104 Interest $359,013
YearPrincipalInterestBalance
1$12,652$24,073$546,452
2$13,213$23,511$533,239
3$13,800$22,925$519,439
4$14,412$22,312$505,027
5$15,052$21,673$489,975
6$15,720$21,005$474,255
7$16,418$20,307$457,837
8$17,146$19,578$440,691
9$17,907$18,817$422,784
10$18,702$18,023$404,082
11$19,532$17,193$384,550
12$20,399$16,326$364,151
13$21,304$15,421$342,847
14$22,250$14,475$320,597
15$23,237$13,488$297,360
16$24,269$12,456$273,092
17$25,346$11,379$247,746
18$26,470$10,254$221,276
19$27,645$9,079$193,630
20$28,872$7,852$164,758
21$30,154$6,571$134,604
22$31,492$5,233$103,113
23$32,890$3,835$70,223
24$34,349$2,375$35,874
25$35,874$851$0

At the end of your 5-year term

Total paid over the term
$183,623
Principal paid down
$69,129
Interest paid
$114,494
Balance remaining
$489,975

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 17 whole-home leases in Langstaff$2,657/mo
$31,884Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,524 to $2,836Typical rent range
~21 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 17 whole-home leases in Langstaff signed at a median of $2,774 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,657. 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.

4.6%
Gross yield
− Property tax $4,203− Condo fees $4,569− Insurance $600− Vacancy & upkeep $3,507Net operating income $19,004

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

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