TH704-5 Steckley House Lane, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13622030

$609,000
For Sale
Listed 52 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
3Bathrooms
1Parking
900-999Sq ft

About this home

In short

  • Welcome to this beautifully designed contemporary stacked townhome in the highly sought-after Bayview & Elgin Mills community.
  • Offering 2 spacious bedrooms, 3 modern bathrooms, and approximately 959 sq. ft. of thoughtfully designed living space, this home is perfect for first-time home...
  • The open-concept layout features impressive 10-ft ceilings on the main floor and 9-ft ceilings on the lower level, creating a bright and airy atmosphere.
  • Enjoy the convenience of a designated underground parking space with easy access via the nearby elevator.
  • Ideally located close to top-rated schools, shopping, parks, scenic walking trails, public transit, GO Station, and Highway 404, this move-in-ready home offers the...

Welcome to this beautifully designed contemporary stacked townhome in the highly sought-after Bayview & Elgin Mills community. Offering 2 spacious bedrooms, 3 modern bathrooms, and approximately 959 sq. ft. of thoughtfully designed living space, this home is perfect for first-time home buyers, young professionals, downsizers, or investors. The open-concept layout features impressive 10-ft ceilings on the main floor and 9-ft ceilings on the lower level, creating a bright and airy atmosphere. Floor-to-ceiling windows fill the home with natural light, while the modern kitchen and stylish finishes provide both comfort and functionality. Enjoy the convenience of a designated underground parking space with easy access via the nearby elevator. Maintenance fees include locker, snow removal from sidewalks and walkways, and professional landscaping, while all utilities are individually metered for added flexibility. Ideally located close to top-rated schools, shopping, parks, scenic walking trails, public transit, GO Station, and Highway 404, this move-in-ready home offers the perfect blend of modern living and everyday convenience in one of Richmond Hill's most desirable neighborhoods.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13622030
Bedrooms
2
Bathrooms
3 (1 half)
Size
900-999 sq ft
Cross streets
Bayview/Eglin Mills
Parking
1 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Wood , Metal/Steel Siding
Maintenance
$323/mo
Exposure
South West
Property tax
$3,474 / 2025
Days on market
52
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Primary BedroomLower3.49 × 4.40 m

hardwood floor · large window · 3 pc bath

Dining RoomMain4.04 × 5.11 m

hardwood floor · open concept · 2 pc bath

Bedroom 2Lower3.49 × 3.58 m

hardwood floor · large window · 3 pc bath

KitchenMain2.80 × 5.11 m

hardwood floor · quartz counter · w/o to balcony

Living RoomMain4.04 × 5.11 m

hardwood floor · combined w/dining · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$597Klikely closing

Listed at $609,000 with no offer date. Homes here have been closing close to ask, so my read is $597K, typically $587K to $605K. Comparable closings on their own put this home around $601K, which supports the ask, so this is a firm read.

List price
$587KBelow recent closings$609KAbove recent closings

Total price vs nearby homes. Likely closing about $597K, 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
52days on market so far
$2,542/moest. rent · 175 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 $641/sqft against an area asking average of $607/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 $546K. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 8 comparable homes that sold in Rural Richmond Hill over the past two years, from 30 closings there.

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 · 1.3 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
Our Lady Help of Christians Catholic Elementary School · Catholic elementary1.2 km · 80% at standard
Beverley Acres Public School · Public elementary1.3 km · 92% at standard
Redstone Public School · Public elementary1.3 km · 84% at standard
Our Lady Queen of the World CA High School · Catholic secondary1.3 km · 86% at standard
Richmond Rose Public School · Public elementary1.5 km · 82% at standard
H G Bernard Public School · Public elementary1.8 km · 71% at standard
Crosby Heights Public School · Public elementary1.8 km · 57% at standard
Silver Stream Public School · Public elementary1.9 km · 88% at standard
Bayview Secondary School · Public secondary2.2 km · 93% at standard
Richmond Hill High School · Public secondary2.3 km · 88% at standard

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

Affordability & Mortgage

Affordability
$2,776/mo
$125KIncome needed
4.9×Price ÷ income
$641Weekly cost
$8,655Land 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.

82%mortgage
Mortgage $2,776Property tax $289Condo fee $323Total carry $3,388

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)
$2,667per month

Mortgage amount $487,200 · 4.39% over 25 years

$121,800Down payment (20.0%)
$487,200Loan before insurance
$0CMHC premium
$3,279Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,667
Property tax
$290
Condo / maintenance fees
$323
Heating
$0
Estimated monthly cost
$3,279

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

One-time closing costs

Ontario land transfer tax
$8,655
Estimated closing costs
$8,655

Plus your down payment of $121,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,231/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

$312,842Total interest paid
$800,042Total of all payments
Principal $487,200 Interest $312,842
YearPrincipalInterestBalance
1$11,025$20,977$476,175
2$11,514$20,488$464,661
3$12,025$19,977$452,636
4$12,559$19,443$440,077
5$13,116$18,886$426,961
6$13,698$18,303$413,263
7$14,306$17,695$398,957
8$14,941$17,061$384,016
9$15,604$16,397$368,412
10$16,297$15,705$352,115
11$17,020$14,982$335,095
12$17,775$14,226$317,319
13$18,564$13,437$298,755
14$19,388$12,613$279,367
15$20,249$11,753$259,118
16$21,147$10,854$237,970
17$22,086$9,916$215,884
18$23,066$8,935$192,818
19$24,090$7,912$168,728
20$25,159$6,843$143,569
21$26,276$5,726$117,294
22$27,442$4,560$89,852
23$28,660$3,342$61,192
24$29,932$2,070$31,260
25$31,260$742$0

At the end of your 5-year term

Total paid over the term
$160,008
Principal paid down
$60,239
Interest paid
$99,770
Balance remaining
$426,961

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 175 whole-home leases in Rural Richmond Hill$2,542/mo
$30,504Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,414 to $2,669Typical 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 175 whole-home leases in Rural Richmond Hill signed at a median of $2,752 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,542. 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 $3,474− Condo fees $3,872− Insurance $600− Vacancy & upkeep $3,355Net operating income $19,203

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

CallRequest a showing