56 William F Bell Parkway, Richmond Hill, ON
Rural Richmond Hill, Richmond Hill · MLS® N13756250
About this home
In short
- Bell Parkway, a stunning 3-bedroom, 3-bathroom townhome in the heart of Richmond Hill's prestigious Richmond Green community.
- Bright and spacious, this home features premium hardwood flooring throughout, smooth ceilings, and an elegant oak wood staircase, with direct access to a double-car...
- The primary suite is a true retreat, featuring a 4-piece ensuite, walk-in closet, and private balcony, while two additional large secondary bedrooms provide ample...
- With quick access to Highway 404, commuting is effortless.
Welcome to 56 William F. Bell Parkway, a stunning 3-bedroom, 3-bathroom townhome in the heart of Richmond Hill's prestigious Richmond Green community. The main floor showcases a large living room with abundant natural light that can easily be converted into a fourth bedroom, plus a generous mudroom for added storage and everyday convenience. Bright and spacious, this home features premium hardwood flooring throughout, smooth ceilings, and an elegant oak wood staircase, with direct access to a double-car garage equipped with an EV charger and a large front porch. Upstairs, you'll find a modern kitchen complete with granite countertops, a large kitchen island, stainless steel appliances, and plenty of cabinet space, flowing seamlessly into a large family and dining area with a walk-out to the balcony. The south-facing family room is flooded with natural light, creating a warm and inviting atmosphere. The primary suite is a true retreat, featuring a 4-piece ensuite, walk-in closet, and private balcony, while two additional large secondary bedrooms provide ample space for family or guests.Located just steps from Richmond Green Park and its many family-friendly amenities, this home also offers easy access to the Richmond Green Community Centre, Richmond Green High School, and a major shopping plaza with Costco. With quick access to Highway 404, commuting is effortless. This is an exceptional opportunity for families seeking space, style, and a prime neighbourhood.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- N13756250
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 19.82 × 60.7 ft
- Cross streets
- Elgin Mills and Leslie St
- Parking
- 2 garage (attached)
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,769 / 2026
- Days on market
- 41
- Listing brokerage
- POWER 7 REALTY
Rooms
hardwood floor · large window · large closet
ceramic floor · laundry sink
hardwood floor · large window
hardwood floor · large window · large closet
hardwood floor · combined w/dining · w/o to balcony
ceramic floor · modern kitchen · centre island
hardwood floor · large window · south view
hardwood floor · 4 pc ensuite · w/o to balcony
Listed at $1,199,000. Going by how homes in Rural Richmond Hill and the wider GTA have actually closed against their asking prices (about 98%, 27 local closings in 90 days), the likely sale price is near $1.17M, if it sells. A realistic range is $1.10M to $1.32M.
Independent value check: $1.04M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $979K and $1.09M).
Why $1.04M. The typical townhouse sold in Rural Richmond Hill over the past year went for about $1.10M (71 sales). What sets this one apart:
- ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,769 a year; the typical home sold here pays about $5,500.
- ▲ Raises it slightly2 garage and 2 total parking spaces, against 1 and 2 typically.
Total price vs nearby homes. Likely closing about $1.17M, from 27 recent closings in this pocket.
The market behind the math:
About 1.9 months of inventory: 17 townhouse homes for sale in the area against 27 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $533/sqft against an area asking average of $532/sqft.
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 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.05M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($533/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in Rural Richmond Hill, from 131 closings in Rural Richmond Hill.
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 $561/sqft; this home lists at $533/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Rural Richmond Hill: $1.02M in September 2026, down 9% from a year ago, on 60 closings in 8 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| November 2025 | $1.11M | 8 |
| December 2025 | $1.23M | 5 |
| January 2026 | $1.16M | 7 |
| March 2026 | $1.10M | 5 |
| April 2026 | $1.05M | 5 |
| May 2026 | $1.17M | 9 |
| August 2026 | $1.02M | 16 |
| September 2026 | $1.02M | 5 |
Neighbourhood & location
Rural Richmond Hill, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $959,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,304
- Property tax
- $481
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,784
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,455
- Estimated closing costs
- $20,455
Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $318,215
- Principal paid down
- $117,197
- Interest paid
- $201,018
- Balance remaining
- $842,003
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 16 whole-home leases in Rural Richmond Hill signed at a median of $3,590 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,582. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of POWER 7 REALTY. MLS®/PropTx.