301-67 Saigon Drive, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13638576

$988,000
For Sale
Listed 46 days agoNo offer date stated
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2Bedrooms
3Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Welcome to modern luxury living at The Hill on Bayview, an exclusive community by renowned builder Armour Heights in the heart of Richmond Hill.
  • This beautifully appointed 2 bedroom townhouse seamlessly blends contemporary design, functionality, and comfort.
  • The thoughtfully designed open concept layout features a bright living and dining area, ideal for everyday living and effortless entertaining.
  • One of the home's most impressive features is the expansive private rooftop terrace, an exceptional outdoor oasis perfect for entertaining, summer barbecues, or...

Welcome to modern luxury living at The Hill on Bayview, an exclusive community by renowned builder Armour Heights in the heart of Richmond Hill. This beautifully appointed 2 bedroom townhouse seamlessly blends contemporary design, functionality, and comfort.The thoughtfully designed open concept layout features a bright living and dining area, ideal for everyday living and effortless entertaining. The stylish kitchen showcases sleek cabinetry,built-in appliances, and a large centre island, perfect for meal preparation and casual dining.Both bedrooms are generously sized with ample closet space, while the primary bedroom offers a peaceful retreat. One of the home's most impressive features is the expansive private rooftop terrace, an exceptional outdoor oasis perfect for entertaining, summer barbecues, or simply relaxing outdoors.Adding even more value, this home includes two owned underground parking spaces and one owned locker, a rare offering that provides exceptional convenience and storage.Nestled in a family friendly, well maintained community surrounded by parks, walking trails,and green space, this prime Richmond Hill location offers easy access to top rated schools,shopping, restaurants, public transit, and major highways. A perfect opportunity for professionals, families, and downsizers seeking luxury, convenience, and an exceptional lifestyle.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13638576
Bedrooms
2
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Bayview Ave & Elgin Mills Rd E
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$367/mo
Exposure
North West
Property tax
$4,702 / 2025
Days on market
46
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Our TakeTeam Asgarian · Broker
Worth a closer look
$702Kautomated estimate, from recent sales

Listed at $988,000. Recent sales of homes like it put this home around $702K, so the ask is about 41% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.

List price
$653KBelow recent closings$988KAbove recent closings

Total price vs nearby homes. Fair value about $702K, learned from recent GTA sales.

The market behind the math:

8sold nearby · 90 days
$625Kmedian sold price
99%of asking, on average
~43 dayshomes like this take to sell
46days on market so far
$2,845/moest. rent · 7 leases
3.5%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 $760/sqft against an area asking average of $585/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 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $701K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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 30 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
Westbrook
$881K
Mill Pond
$641K
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 elementary0.8 km · 91% at standard
Beverley Acres Public School · Public elementary1.3 km · 92% at standard
Our Lady Queen of the World CA High School · Catholic secondary1.4 km · 86% at standard
Our Lady Help of Christians Catholic Elementary School · Catholic elementary1.4 km · 80% at standard
Redstone Public School · Public elementary1.5 km · 84% at standard
Richmond Rose Public School · Public elementary1.6 km · 82% at standard
H G Bernard Public School · Public elementary1.6 km · 71% at standard
Crosby Heights Public School · Public elementary1.8 km · 57% at standard
Silver Stream Public School · Public elementary2.0 km · 88% at standard
Richmond Hill High School · Public secondary2.1 km · 88% at standard
Bayview Secondary School · Public secondary2.2 km · 93% at standard

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

Affordability & Mortgage

Affordability
$4,503/mo
$194KIncome needed
5.1×Price ÷ income
$1,039Weekly cost
$16,235Land 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.

86%mortgage
Mortgage $4,503Property tax $392Condo fee $367Total carry $5,262

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)
$4,326per month

Mortgage amount $790,400 · 4.39% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$5,085Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,326
Property tax
$392
Condo / maintenance fees
$367
Heating
$0
Estimated monthly cost
$5,085

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

One-time closing costs

Ontario land transfer tax
$16,235
Estimated closing costs
$16,235

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,242/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

$507,534Total interest paid
$1,297,934Total of all payments
Principal $790,400 Interest $507,534
YearPrincipalInterestBalance
1$17,886$34,032$772,514
2$18,680$33,238$753,835
3$19,509$32,409$734,326
4$20,374$31,543$713,952
5$21,279$30,639$692,673
6$22,223$29,694$670,450
7$23,209$28,708$647,240
8$24,239$27,678$623,001
9$25,315$26,602$597,686
10$26,439$25,479$571,247
11$27,612$24,305$543,635
12$28,838$23,080$514,797
13$30,118$21,800$484,680
14$31,454$20,463$453,225
15$32,850$19,067$420,375
16$34,308$17,609$386,067
17$35,831$16,087$350,236
18$37,421$14,496$312,815
19$39,082$12,835$273,733
20$40,816$11,101$232,917
21$42,628$9,289$190,289
22$44,520$7,398$145,769
23$46,496$5,422$99,274
24$48,559$3,358$50,714
25$50,714$1,203$0

At the end of your 5-year term

Total paid over the term
$259,587
Principal paid down
$97,727
Interest paid
$161,860
Balance remaining
$692,673

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 7 whole-home leases in Rural Richmond Hill$2,845/mo
$34,140Gross annual rent
2.1%Cap rate after taxes and upkeep
$2,617 to $3,072Typical 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 7 whole-home leases in Rural Richmond Hill signed at a median of $3,065 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,845. 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.

3.5%
Gross yield
− Property tax $4,702− Condo fees $4,402− Insurance $600− Vacancy & upkeep $3,755Net operating income $20,681

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

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