83-370 Red Maple Road, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13776056

$549,000
For Sale
Listed 8 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Welcome to this bright and spacious south-facing 3-bedroom, 2-bathroom townhouse in Richmond Hill.
  • Situated on the upper levels, this home offers a functional layout with 9-foot ceilings and sun-filled living spaces throughout.
  • Features 2 side-by-side parking spaces.

Welcome to this bright and spacious south-facing 3-bedroom, 2-bathroom townhouse in Richmond Hill. Situated on the upper levels, this home offers a functional layout with 9-foot ceilings and sun-filled living spaces throughout. Features 2 side-by-side parking spaces. Conveniently located near schools, parks, shopping, transit and major roads. Great opportunity for families, first-time buyers or investors!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13776056
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Yonge St /16th Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$479/mo
Exposure
South
Property tax
$4,272 / 2026
Days on market
8
Listing brokerage
AVION REALTY INC.

Rooms

Bedroom 3Second2.74 × 2.44 m
Bedroom 2Second2.74 × 2.59 m
Living RoomMain5.82 × 4.06 m

Combined w/Dining

KitchenMain3.79 × 2.18 m
BedroomSecond3.56 × 3.33 m
Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$658Kautomated estimate, from recent sales

Listed at $549,000, which is about 17% below what comparable homes suggest.

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far below their automated estimate sold at about 100% of the original ask, in a median 19 days (715 sales).

List price
$549KBelow recent closings$692KAbove recent closings

Total price vs nearby homes. Fair value about $658K, learned from recent GTA sales.

The market behind the math:

8days on market so far
$2,707/moest. rent · 17 leases
5.9%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $499/sqft against an area asking average of $607/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 $707K. Condition and finishes remain an in-person call.

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
$756kavg 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 $658K, which is where my estimate comes from.

Per square foot, these ask about $607/sqft; this home lists at $499/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
549kThis home718k699k765k900k699kThis 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: 12 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 elementary2.0 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
St Anne Catholic Elementary School · Catholic elementary2.4 km · 87% at standard
Alexander MacKenzie High School · Public secondary2.4 km · 84% at standard
Doncrest Public School · Public elementary2.5 km · 81% at standard
Walter Scott Public School · Public elementary2.5 km · 55% at standard

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

Affordability & Mortgage

Affordability
$2,502/mo
$120KIncome needed
4.6×Price ÷ income
$577Weekly cost
$7,455Land 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.

75%mortgage
Mortgage $2,502Property tax $356Condo fee $479Total carry $3,337

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)
$2,404per month

Mortgage amount $439,200 · 4.39% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,239Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,404
Property tax
$356
Condo / maintenance fees
$479
Heating
$0
Estimated monthly cost
$3,239

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

One-time closing costs

Ontario land transfer tax
$7,455
Estimated closing costs
$7,455

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,913/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

$282,020Total interest paid
$721,220Total of all payments
Principal $439,200 Interest $282,020
YearPrincipalInterestBalance
1$9,939$18,910$429,261
2$10,380$18,469$418,882
3$10,840$18,008$408,041
4$11,321$17,527$396,720
5$11,824$17,025$384,896
6$12,349$16,500$372,548
7$12,897$15,952$359,651
8$13,469$15,380$346,182
9$14,067$14,782$332,115
10$14,691$14,158$317,424
11$15,343$13,506$302,080
12$16,024$12,825$286,056
13$16,735$12,113$269,321
14$17,478$11,371$251,843
15$18,254$10,595$233,589
16$19,064$9,785$214,525
17$19,910$8,939$194,615
18$20,794$8,055$173,821
19$21,717$7,132$152,105
20$22,680$6,168$129,424
21$23,687$5,162$105,738
22$24,738$4,111$80,999
23$25,836$3,013$55,163
24$26,983$1,866$28,180
25$28,180$668$0

At the end of your 5-year term

Total paid over the term
$144,244
Principal paid down
$54,304
Interest paid
$89,940
Balance remaining
$384,896

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 17 whole-home leases in Langstaff$2,707/mo
$32,484Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,572 to $2,886Typical 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 17 whole-home leases in Langstaff signed at a median of $2,774 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,707. 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.

5.9%
Gross yield
− Property tax $4,272− Condo fees $5,746− Insurance $600− Vacancy & upkeep $3,573Net operating income $18,293

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

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