PH09-19 Northern Heights Drive, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13769220

$570,000
For Sale
Listed 39 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Newly Renovated Beautiful Penthouse- Low Raise Condo In South R.
  • W/Fast Access To Hwy 407 & Hwy 7.
  • 2 Walk-Outs To Balcony, Living Room And All Bedrooms Are Facing South With Sun-Filled And Unobstructed South View.
  • Open Concept, 9Ft Ceiling, Parking Next To Elevator,1 Locker.
  • Amenities Include: Security Gatehouse, Indoor Pool, Sauna, Party Rm, Tennis Court, Private Park W/ Gazebo, Exercise Rm & More.

Newly Renovated Beautiful Penthouse- Low Raise Condo In South R. Hill. W/Fast Access To Hwy 407 & Hwy 7. Freshly Wall & Door Painted, New Kitchen/Bathroom Quartz Counters and cabinets, New laminate flooring throughout the unit etc. - Just Move-In & Enjoy. 2 Walk-Outs To Balcony, Living Room And All Bedrooms Are Facing South With Sun-Filled And Unobstructed South View. Open Concept, 9Ft Ceiling, Parking Next To Elevator,1 Locker. Amenities Include: Security Gatehouse, Indoor Pool, Sauna, Party Rm, Tennis Court, Private Park W/ Gazebo, Exercise Rm & More!! Walking Distance To Hillcrest Mall, Public Transit, Restaurants & Entertainment.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13769220
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge / 16th Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,053/mo
Exposure
South
Property tax
$2,315 / 2025
Days on market
39
Listing brokerage
PROMPTON REAL ESTATE SERVICES CORP.

Rooms

Living RoomFlat4.91 × 3.15 m

combined w/dining · south view · laminate

Primary BedroomFlat4.30 × 3.04 m

south view · walk-in closet(s) · 4 pc ensuite

Dining RoomFlat4.91 × 3.15 m

combined w/living · south view · laminate

KitchenFlat2.71 × 2.40 m

renovated · quartz counter · laminate

Bedroom 2Flat4.81 × 3.02 m

south view · closet · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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
$553K
Observatory
$550K
North Richvale
$643K
Harding
$514K
Doncrest
$570K

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
$2,598/mo
$128KIncome needed
4.4×Price ÷ income
$600Weekly cost
$7,875Land 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.

68%mortgage
Mortgage $2,598Property tax $193Condo fee $1,053Total carry $3,844

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,521per month

Mortgage amount $456,000 · 4.49% over 25 years

$114,000Down payment (20.0%)
$456,000Loan before insurance
$0CMHC premium
$3,767Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,521
Property tax
$193
Condo / maintenance fees
$1,053
Heating
$0
Estimated monthly cost
$3,767

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

One-time closing costs

Ontario land transfer tax
$7,875
Estimated closing costs
$7,875

Plus your down payment of $114,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,052/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

$300,391Total interest paid
$756,391Total of all payments
Principal $456,000 Interest $300,391
YearPrincipalInterestBalance
1$10,176$20,080$445,824
2$10,638$19,618$435,186
3$11,121$19,135$424,065
4$11,626$18,630$412,439
5$12,154$18,102$400,285
6$12,706$17,550$387,580
7$13,283$16,973$374,297
8$13,886$16,370$360,411
9$14,516$15,740$345,895
10$15,175$15,080$330,720
11$15,864$14,391$314,856
12$16,584$13,671$298,271
13$17,337$12,918$280,934
14$18,125$12,131$262,809
15$18,948$11,308$243,862
16$19,808$10,448$224,054
17$20,707$9,548$203,347
18$21,647$8,608$181,699
19$22,630$7,625$159,069
20$23,658$6,598$135,411
21$24,732$5,524$110,679
22$25,855$4,401$84,824
23$27,029$3,227$57,795
24$28,256$2,000$29,539
25$29,539$717$0

At the end of your 5-year term

Total paid over the term
$151,278
Principal paid down
$55,715
Interest paid
$95,563
Balance remaining
$400,285

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
Estimate$2,700/mo
$32,400Gross annual rent
2.3%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.7%
Gross yield
− Property tax $2,315− Condo fees $12,636− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,285

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROMPTON REAL ESTATE SERVICES CORP.. MLS®/PropTx.

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