PH915-6 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13527784

$789,000
For Sale
Listed 11 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Rare Duplex Penthouse with North/South Views.This elegant two-level penthouse offers a house-like layout in the sky, designed for buyers who value privacy, separation of space, and natural light..The main level features a spacious foyer with storage, ideal for welcoming guests while keeping private living areas separate. Interior stairs lead upstairs to bright living and dining spaces with dual exposure, unobstructed views, and seamless access to two outdoor areas. Enjoy a ~200 sq ft north-facing terrace ideal for entertaining, complete with a gas BBQ line, as well as a south-facing balcony offering breathtaking sunrise and sunset views of the Toronto skyline and Richmond Green Park. With no front-facing neighbours, this penthouse delivers exceptional privacy and quiet. The two-level layout creates a rare sense of flow and separation seldom found in standard condominium living. Includes one conveniently located parking space, dedicated locker, and access to full building amenities, including a gym, yoga studio, business lounge, theatre room, party room, music room, children's playroom, pet wash, outdoor lounge, and visitor parking. A unique opportunity for the right buyer.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
N13527784
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Bayview/Elgin Mills
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$876/mo
Exposure
North East
Property tax
$4,092 / 2025
Days on market
11
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomSecond5.10 × 3.96 m

combined w/dining · window · open concept

FoyerLower0.00 × 0.00 m

staircase · closet · hardwood floor

KitchenSecond4.18 × 2.13 m

combined w/br · b/i appliances · breakfast area

Bedroom 2Second3.08 × 2.68 m

closet · window · hardwood floor

Primary BedroomSecond3.78 × 2.90 m

closet · window · 4 pc ensuite

BreakfastSecond4.18 × 2.13 m

combined w/kitchen · breakfast bar · w/o to terrace

Dining RoomSecond5.10 × 3.96 m

combined w/living · window · open concept

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.06Mest. value

Listed at $789,000, this home is tracking about 25% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $844K, 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 $699K
  • Size difference +$285K
  • Bedrooms −$30K
  • Adjusts to $954K

That comparable adjusts to $954K; the $1.06M 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 Richmond Green 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Elgin Mills Rd / Shirley Dr is about a 5-minute walk away.

List price
$789KGreat deal$1.07MOverpriced

Total price vs nearby homes. Fair value about $1.06M, median of 10 comparables.

Comparable listingsCurrently listed nearby in Rural Richmond Hill · asking prices
$728kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

124-2 David Eyer Road$785k625-2 David Eyer Road$699k829-2 David Eyer Road$699k

The 3 closest active listings nearby.

See all comparable homes
789kThis home785k699k699kThis home vs active comparables
Live market pulseActive comparables in Rural Richmond Hill · median list $638K
$607this home / sqft
10active listings nearby
11days on market

This home lists 24% below the area average of $796/sqft.

4 days faster than the Richmond Hill average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

48/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Elgin Mills Rd / Shirley Dr, about 419 m away

20+ transit stops20+ dining16 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Devonsleigh
$559K
Crosby
$511K
Harding
$515K
North Richvale
$701K
Observatory
$585K

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 Richmond Green SS
86%
Richmond Green SSPublic · Secondary · 9-12 · 1.3 km awayHigher-rated than most nearby · 86% meet the provincial standard
Unnamed ES (North Leslie)EQAO results not published

Affordability & Mortgage

Affordability
$3,596/mo
$168KIncome needed
4.7×Price ÷ income
$830Weekly cost
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.

75%mortgage
Mortgage $3,596Property tax $341Condo fee $876Total carry $4,813

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,368per month

Mortgage amount $631,200 · 4.14% over 25 years

$157,800Down payment (20.0%)
$631,200Loan before insurance
$0CMHC premium
$4,585Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,368
Property tax
$341
Condo / maintenance fees
$876
Heating
$0
Estimated monthly cost
$4,585

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

One-time closing costs

Ontario land transfer tax
$12,255
Estimated closing costs
$12,255

Plus your down payment of $157,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,091/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

$379,295Total interest paid
$1,010,495Total of all payments
Principal $631,200 Interest $379,295
YearPrincipalInterestBalance
1$14,787$25,633$616,413
2$15,405$25,014$601,008
3$16,050$24,370$584,958
4$16,721$23,699$568,237
5$17,420$22,999$550,817
6$18,149$22,271$532,667
7$18,908$21,512$513,759
8$19,699$20,721$494,060
9$20,523$19,897$473,537
10$21,382$19,038$452,155
11$22,276$18,144$429,879
12$23,208$17,212$406,671
13$24,179$16,241$382,493
14$25,190$15,230$357,303
15$26,244$14,176$331,059
16$27,341$13,079$303,718
17$28,485$11,935$275,233
18$29,676$10,743$245,557
19$30,918$9,502$214,639
20$32,211$8,209$182,428
21$33,558$6,862$148,870
22$34,962$5,458$113,908
23$36,424$3,995$77,483
24$37,948$2,472$39,535
25$39,535$885$0

At the end of your 5-year term

Total paid over the term
$202,099
Principal paid down
$80,383
Interest paid
$121,716
Balance remaining
$550,817

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$4,100/mo
$49,200Gross annual rent
3.6%Est. cap rate

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.

6.2%
Gross yield
− Property tax $4,092− Condo fees $10,512− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,584

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

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