99-370D Red Maple Road, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13664954

$699,000
For Sale
Listed 40 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • 5 Yrs New 3 Bedroom Townhome in the Heart of Richmond Hill.
  • 1532 Sf + 148 Sf Roof Top Terrace with Lots of Large Windows.
  • 9' Ceilings on All 3 Levels. $$$ Upgrades.
  • Open Concept Kitchen w/ Granite Counter Top, Backsplash & S/S Appl.
  • Steps to Park & Public Transit, Close to Hillcrest Mall, Supermarket & Shopping Plaza.

5 Yrs New 3 Bedroom Townhome in the Heart of Richmond Hill. All Brick Exterior w/ Contemporary Design. 1532 Sf + 148 Sf Roof Top Terrace with Lots of Large Windows. Glass Door Entrance facing Courtyard. 9' Ceilings on All 3 Levels. $$$ Upgrades. Vynle Flooring Throughout. Open Concept Kitchen w/ Granite Counter Top, Backsplash & S/S Appl. Quartz Vanity in all Baths. Steps to Park & Public Transit, Close to Hillcrest Mall, Supermarket & Shopping Plaza. Mins to Go Train, Viva Transit Hub. Hwy 404 & 407 ** Top Ranking Public Schools & Catholic Schools.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
N13664954
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Yonge/16th Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$581/mo
Exposure
South
Property tax
$4,606 / 2025
Days on market
40
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

KitchenGround3.99 × 3.35 m

Walk-Out

Family RoomSecond3.99 × 3.35 m

window · window

Dining RoomGround2.85 × 6.22 m

Combined w/Living

Bedroom 2Third3.99 × 3.51 m

window · closet · window

Bedroom 3Third3.99 × 3.05 m

window · closet · window

Living RoomGround2.85 × 6.22 m

large window · combined w/dining

Primary BedroomSecond3.99 × 3.05 m

window · closet · window

Our TakeTeam Asgarian · Broker
Below what recent sales support
$761Kautomated estimate, from recent sales

Listed at $699,000, which is about 8% below what comparable homes suggest.

List price
$699KBelow recent closings$799KAbove recent closings

Total price vs nearby homes. Fair value about $761K, learned from recent GTA sales.

The market behind the math:

40days on market so far
$3,247/moest. rent · 15 leases
5.6%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $466/sqft against an area asking average of $614/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $769K. 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Red Maple PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Langstaff, so I widened the search to the surrounding area.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Langstaff, from 12 closings in Langstaff.

What sellers nearby are askingCurrently listed nearby in Langstaff · asking prices
$772kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $761K, which is where my estimate comes from.

Per square foot, these ask about $661/sqft; this home lists at $466/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
699kThis home900k718k699kThis home vs active comparables

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.

Observatory
$713K
Doncrest
$953K
North Richvale
$949K
Mill Pond
$641K
Crosby
$999K

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 Red Maple PS
69%
Red Maple PSPublic · Elementary · JK-8 · 1.0 km awayAround the GTA average · 69% meet the provincial standard
St. RobertEQAO results not published
Also nearby: 11 more schools within 2.5 km
Sixteenth Avenue Public School · Public elementary0.6 km · 70% at standard
Charles Howitt Public School · Public elementary1.3 km · 74% at standard
Ross Doan Public School · Public elementary1.4 km · 80% at standard
Roselawn Public School · Public elementary1.5 km · 74% at standard
St Charles Garnier Catholic Elementary School · Catholic elementary1.5 km · 82% at standard
St Joseph Catholic Elementary School · Catholic elementary2.1 km · 75% at standard
Bayview Hill Elementary School · Public elementary2.1 km · 88% at standard
Adrienne Clarkson Public School · Public elementary2.2 km · 89% at standard
Doncrest Public School · Public elementary2.5 km · 81% at standard
St Anne Catholic Elementary School · Catholic elementary2.5 km · 87% at standard
Alexander MacKenzie High School · Public secondary2.5 km · 84% at standard

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

Affordability & Mortgage

Affordability
$3,186/mo
$149KIncome needed
4.7×Price ÷ income
$735Weekly cost
$10,455Land 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.

77%mortgage
Mortgage $3,186Property tax $384Condo fee $581Total carry $4,150

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)
$3,061per month

Mortgage amount $559,200 · 4.39% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$4,026Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,061
Property tax
$384
Condo / maintenance fees
$581
Heating
$0
Estimated monthly cost
$4,026

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

One-time closing costs

Ontario land transfer tax
$10,455
Estimated closing costs
$10,455

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,708/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

$359,075Total interest paid
$918,275Total of all payments
Principal $559,200 Interest $359,075
YearPrincipalInterestBalance
1$12,654$24,077$546,546
2$13,216$23,515$533,330
3$13,802$22,929$519,528
4$14,415$22,316$505,114
5$15,054$21,677$490,059
6$15,723$21,008$474,336
7$16,420$20,311$457,916
8$17,149$19,582$440,767
9$17,910$18,821$422,857
10$18,705$18,026$404,151
11$19,535$17,196$384,616
12$20,402$16,329$364,214
13$21,308$15,423$342,906
14$22,254$14,477$320,652
15$23,241$13,490$297,411
16$24,273$12,458$273,138
17$25,350$11,381$247,789
18$26,475$10,256$221,314
19$27,650$9,081$193,664
20$28,877$7,854$164,786
21$30,159$6,572$134,628
22$31,497$5,234$103,130
23$32,895$3,836$70,235
24$34,355$2,376$35,880
25$35,880$851$0

At the end of your 5-year term

Total paid over the term
$183,655
Principal paid down
$69,141
Interest paid
$114,514
Balance remaining
$490,059

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 15 whole-home leases in Langstaff$3,247/mo
$38,964Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,085 to $3,410Typical rent range
~21 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 15 whole-home leases in Langstaff signed at a median of $2,913 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,247. 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.

5.6%
Gross yield
− Property tax $4,606− Condo fees $6,969− Insurance $600− Vacancy & upkeep $4,286Net operating income $22,503

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

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