3 Baffin Court, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13647284

$1,149,000
For Sale
Listed 70 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 3 Baffin Court, a beautifully renovated freehold townhome offering approximately 2,500 sq. ft. of total living space, including 1,608 sq. ft. above grade...
  • The main living areas feature hardwood and porcelain flooring, crown moulding, large windows, open-concept living and dining spaces, and an electric fireplace.
  • Upstairs, the primary bedroom includes a walk-in closet and 4-piece ensuite, while two additional bedrooms, a second 4-piece bathroom and convenient laundry complete...
  • The finished basement provides flexible space for extended family or guests, with a separate entrance from the garage, a pot-lit recreation area, kitchen, bedroom...
  • Close to public transit, parks, schools, recreation facilities and the many amenities around Yonge Street and Highway 7. Some Listing Photos, Including Exterior...

Welcome to 3 Baffin Court, a beautifully renovated freehold townhome offering approximately 2,500 sq. ft. of total living space, including 1,608 sq. ft. above grade per MPAC plus a professionally finished basement with separate entrance. Featuring 3+1 bedrooms and 4 bathrooms, this spacious home is set in sought-after Langstaff. A glass-enclosed front porch and decorative double doors open to a bright multi-level interior with an oak staircase and wrought-iron pickets. The main living areas feature hardwood and porcelain flooring, crown moulding, large windows, open-concept living and dining spaces, and an electric fireplace. The spacious white kitchen offers quartz countertops, a centre island, stainless steel appliances and generous dining and breakfast areas. Upstairs, the primary bedroom includes a walk-in closet and 4-piece ensuite, while two additional bedrooms, a second 4-piece bathroom and convenient laundry complete the level. The finished basement provides flexible space for extended family or guests, with a separate entrance from the garage, a pot-lit recreation area, kitchen, bedroom, 3-piece glass-shower bathroom and stacked laundry. Enjoy a private fenced deck with hot tub and cantilever patio umbrella, plus a built-in garage and driveway parking. Close to public transit, parks, schools, recreation facilities and the many amenities around Yonge Street and Highway 7. ***Some Listing Photos, Including Exterior Images, Have Been Virtually Staged With Digitally Added Elements For Illustration Purposes. The Property May Appear Different In Person.***

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13647284
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
18.37 × 90.22 ft
Cross streets
Yonge St / Hwy 7
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,240 / 2025
Days on market
70
Listing brokerage
EXP REALTY

Rooms

Bedroom 3Second3.42 × 2.61 m

hardwood floor · b/i closet · large window

KitchenBasement2.76 × 2.10 m

laminate · stainless steel appl · backsplash

KitchenMain3.68 × 3.24 m

porcelain floor · stainless steel appl · centre island

Primary BedroomSecond4.86 × 3.02 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Bedroom 4Basement2.79 × 2.51 m

laminate · pot lights · large window

Dining RoomMain3.16 × 2.80 m

porcelain floor · open concept · large window

Living RoomMain4.51 × 2.05 m

porcelain floor · open concept · electric fireplace

Bedroom 2Second4.44 × 2.58 m

hardwood floor · b/i closet · large window

RecreationBasement6.78 × 3.00 m

laminate · w/o to deck · pot lights

Family RoomMain6.73 × 3.03 m

hardwood floor · crown moulding · large window

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.14Mlikely sale price

Listed at $1,149,000. Going by how homes in Langstaff and the wider GTA have actually closed against their asking prices (about 99%, 10 local closings in 90 days), the likely sale price is near $1.14M, if it sells. A realistic range is $1.07M to $1.28M.

Independent value check: $1.07M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $999K and $1.12M).

Why $1.07M. The typical townhouse sold in Langstaff over the past year went for about $1.06M (32 sales). What sets this one apart:

  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 70 days on the market against about 34 for homes like it here, and asking 8% above where comparable closings put it.

List price
$1.07MBelow recent closings$1.28MAbove recent closings

Total price vs nearby homes. Likely closing about $1.14M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.11Mmedian sold price
103%of asking, on average
+1%prices vs a year ago
~21 dayshomes like this take to sell
70days on market so far
$3,603/moest. rent · 92 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 6 townhouse homes for sale in the area against 10 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 $657/sqft against an area asking average of $678/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Langstaff basements rarely rent out (3 of 117 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Richmond Hill.
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.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.02M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($657/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 10 comparable homes that sold in Langstaff over the past two years, from 71 closings there.

What sellers nearby are askingCurrently listed nearby in Langstaff · asking prices
$1.03Mavg asking

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

Per square foot, these ask about $589/sqft; this home lists at $657/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.15MThis home1.10M1000k999kThis home vs active comparables

Sold price trend

Median sold price for townhouses in Richmond Hill: $1.02M in September 2026, down 4% from a year ago, on 376 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.07M33
November 2025$1.05M37
December 2025$1.08M21
January 2026$1.10M25
February 2026$1.10M23
March 2026$1.06M23
April 2026$1.05M43
May 2026$1.05M46
June 2026$1.02M32
July 2026$1.02M24
August 2026$1.03M39
September 2026$1.02M30

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.

South Richvale
$1.07M
Doncrest
$1.17M
North Richvale
$998K
Rouge Woods
$1.03M
Westbrook
$1.11M

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) →

Affordability & Mortgage

Affordability
$5,237/mo
$217KIncome needed
5.3×Price ÷ income
$1,208Weekly cost
$19,455Land 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.

92%mortgage
Mortgage $5,237Property tax $437Total carry $5,673

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,082per month

Mortgage amount $919,200 · 4.49% over 25 years

$229,800Down payment (20.0%)
$919,200Loan before insurance
$0CMHC premium
$5,519Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,082
Property tax
$437
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,519

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

One-time closing costs

Ontario land transfer tax
$19,455
Estimated closing costs
$19,455

Plus your down payment of $229,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,151/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

$605,524Total interest paid
$1,524,724Total of all payments
Principal $919,200 Interest $605,524
YearPrincipalInterestBalance
1$20,513$40,476$898,687
2$21,444$39,545$877,243
3$22,418$38,571$854,826
4$23,435$37,553$831,390
5$24,500$36,489$806,891
6$25,612$35,377$781,279
7$26,775$34,214$754,504
8$27,990$32,998$726,514
9$29,261$31,728$697,252
10$30,590$30,399$666,662
11$31,979$29,010$634,683
12$33,431$27,558$601,253
13$34,949$26,040$566,304
14$36,536$24,453$529,768
15$38,194$22,795$491,574
16$39,929$21,060$451,645
17$41,741$19,247$409,904
18$43,637$17,352$366,267
19$45,618$15,371$320,649
20$47,689$13,300$272,960
21$49,855$11,134$223,105
22$52,118$8,871$170,987
23$54,484$6,504$116,503
24$56,958$4,031$59,544
25$59,544$1,445$0

At the end of your 5-year term

Total paid over the term
$304,945
Principal paid down
$112,309
Interest paid
$192,636
Balance remaining
$806,891

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 92 whole-home leases in Langstaff$3,603/mo
$43,236Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,423 to $3,806Typical rent range
~31 daysTo find a tenant, on average

About the suite: in Langstaff basements rarely rent out (3 of 117 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 92 whole-home leases in Langstaff signed at a median of $3,456 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,603. 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.

3.8%
Gross yield
− Property tax $5,240− Insurance $1,400− Vacancy & upkeep $4,756Net operating income $31,840

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

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