1504-11 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13577990

$589,000
For Sale
Listed 65 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
3Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this beautifully designed 959 sq. ft. stacked townhome that offers a seamless blend of a modern functional layout, and everyday convenience in one of...
  • Featuring soaring 9-foot ceilings and an open-concept floor plan, the space feels bright and airy, enhanced by expansive windows that flood the home with natural light.
  • Ideally located just minutes from Highway 404, GO Transit, top-rated schools, parks, trails, shopping, and many more.

Welcome to this beautifully designed 959 sq. ft. stacked townhome that offers a seamless blend of a modern functional layout, and everyday convenience in one of Richmond Hill's most sought after communities. Featuring soaring 9-foot ceilings and an open-concept floor plan, the space feels bright and airy, enhanced by expansive windows that flood the home with natural light. The sleek, modern kitchen flows effortlessly into the living and dining areas-perfect for both entertaining and daily living, while walk-out access to a private terrace and balcony provides an ideal outdoor retreat. Thoughtful upgrades throughout include custom glass shower enclosure, tub glass enclosure, and custom blinds, adding both style and practicality. Enjoy the convenience of underground parking and a locker, with maintenance fees covering landscaping, and snow removal. Ideally located just minutes from Highway 404, GO Transit, top-rated schools, parks, trails, shopping, and many more. This home presents outstanding value for professionals, down-sizers, or first-time buyers seeking modern comfort in a prime location.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13577990
Bedrooms
2
Bathrooms
3 (1 half)
Size
900-999 sq ft
Cross streets
Elgin Mills & Bayview
Parking
1 garage (underground)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$323/mo
Exposure
North
Property tax
$3,791 / 2025
Days on market
65
Listing brokerage
INTERCITY REALTY INC.

Rooms

Primary BedroomLower3.94 × 2.90 m

laminate · 4 pc ensuite · large window

Dining RoomMain3.90 × 2.50 m

w/o to balcony · combined w/kitchen · open concept

Living RoomMain4.55 × 3.61 m

open concept · large window · laminate

KitchenMain4.27 × 2.31 m

w/o to balcony · centre island · open concept

Bedroom 2Lower3.05 × 2.90 m

laminate · 3 pc bath · w/o to terrace

Our TakeTeam Asgarian · Broker
A small discount is typical
$578Klikely closing

Listed at $589,000 with no offer date. Homes here have been closing close to ask, so my read is $578K, typically $568K to $585K. Comparable closings on their own put this home around $614K, which supports the ask, so this is a firm read.

List price
$568KBelow recent closings$589KAbove recent closings

Total price vs nearby homes. Likely closing about $578K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$625Kmedian sold price
99%of asking, on average
~43 dayshomes like this take to sell
65days on market so far
$2,468/moest. rent · 5 leases
5.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 10 condo townhouse homes for sale in the area against 8 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 $620/sqft against an area asking average of $609/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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $547K. 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.

  • 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
Schools & getting aroundcatchment and transit

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.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Rural Richmond Hill, from 30 closings in Rural Richmond Hill.

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
$999K
Headford Business Park
$1.04M
Mill Pond
$641K
Westbrook
$881K
Jefferson
$579K

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 · 1.4 km awayHigher-rated than most nearby · 86% meet the provincial standard
Unnamed ES (North Leslie)EQAO results not published
Our Lady Queen Of The WorldEQAO results not published
Also nearby: 11 more schools within 2.5 km
Michaelle Jean Public School · Public elementary0.7 km · 91% at standard
Beverley Acres Public School · Public elementary1.2 km · 92% at standard
Our Lady Help of Christians Catholic Elementary School · Catholic elementary1.2 km · 80% at standard
Our Lady Queen of the World CA High School · Catholic secondary1.3 km · 86% at standard
Redstone Public School · Public elementary1.4 km · 84% at standard
Richmond Rose Public School · Public elementary1.4 km · 82% at standard
H G Bernard Public School · Public elementary1.7 km · 71% at standard
Crosby Heights Public School · Public elementary1.7 km · 57% at standard
Silver Stream Public School · Public elementary1.9 km · 88% at standard
Bayview Secondary School · Public secondary2.1 km · 93% at standard
Richmond Hill High School · Public secondary2.2 km · 88% at standard

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

Affordability & Mortgage

Affordability
$2,684/mo
$122KIncome needed
4.8×Price ÷ income
$619Weekly cost
$8,255Land 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 $2,684Property tax $316Condo fee $323Total carry $3,323

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)
$2,579per month

Mortgage amount $471,200 · 4.39% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,218Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,579
Property tax
$316
Condo / maintenance fees
$323
Heating
$0
Estimated monthly cost
$3,218

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

One-time closing costs

Ontario land transfer tax
$8,255
Estimated closing costs
$8,255

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,125/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

$302,568Total interest paid
$773,768Total of all payments
Principal $471,200 Interest $302,568
YearPrincipalInterestBalance
1$10,663$20,288$460,537
2$11,136$19,815$449,401
3$11,630$19,321$437,771
4$12,146$18,804$425,625
5$12,685$18,265$412,940
6$13,248$17,702$399,691
7$13,836$17,114$385,855
8$14,450$16,500$371,404
9$15,092$15,859$356,313
10$15,762$15,189$340,551
11$16,461$14,490$324,090
12$17,192$13,759$306,898
13$17,955$12,996$288,944
14$18,752$12,199$270,192
15$19,584$11,367$250,608
16$20,453$10,498$230,155
17$21,361$9,590$208,795
18$22,309$8,642$186,486
19$23,299$7,652$163,187
20$24,333$6,618$138,854
21$25,413$5,538$113,442
22$26,541$4,410$86,901
23$27,719$3,232$59,182
24$28,949$2,002$30,234
25$30,234$717$0

At the end of your 5-year term

Total paid over the term
$154,754
Principal paid down
$58,260
Interest paid
$96,493
Balance remaining
$412,940

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 Rural Richmond Hill$2,468/mo
$29,616Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,172 to $2,765Typical rent range
~28 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 Rural Richmond Hill signed at a median of $2,599 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,468. 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.

5.0%
Gross yield
− Property tax $3,791− Condo fees $3,872− Insurance $600− Vacancy & upkeep $3,258Net operating income $18,096

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

CallRequest a showing