35-80 McCallum Drive, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13779020

$870,000
For Sale
Listed 35 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 2 parking
1400-1599Sq ft

About this home

In short

  • Welcome to this beautifully updated condo townhome nestled in a sought-after area of Richmond Hill, backing onto a peaceful ravine setting.
  • The bright living area features pot lights and serene ravine views, while the functional kitchen is ideal for both casual meals and entertaining.
  • Upstairs, you'll find three spacious bedrooms, while the lower level offers a cozy family room complete with built-in bookcases, a bathroom, direct garage access, and...
  • Recent improvements include a new deck and fence (2024), interlock with flower boxes (2024), updated dishwasher and microwave (2024), refrigerator (2023)...

Welcome to this beautifully updated condo townhome nestled in a sought-after area of Richmond Hill, backing onto a peaceful ravine setting. Filled with natural light and thoughtfully upgraded throughout, this home offers a warm and inviting layout perfect for comfortable everyday living. The bright living area features pot lights and serene ravine views, while the functional kitchen is ideal for both casual meals and entertaining. Upstairs, you'll find three spacious bedrooms, while the lower level offers a cozy family room complete with built-in bookcases, a bathroom, direct garage access, and a walkout to the backyard ravine - a perfect extension of the living space. Recent improvements include a new deck and fence (2024), interlock with flower boxes (2024), updated dishwasher and microwave (2024), refrigerator (2023), professionally polished flooring (2025), a new powder room vanity (2025), and a new staircase railing (2025). Ideally located near schools, parks, shopping, transit, and everyday amenities, this move-in-ready home combines nature, convenience, and modern comfort in one exceptional package.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N13779020
Bedrooms
3
Bathrooms
4 (1 half)
Size
1400-1599 sq ft
Cross streets
Bathurst & Major Mackenzie
Parking
1 garage · 2 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Maintenance
$650/mo
Exposure
South West
Property tax
$3,810 / 2026
Days on market
35
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Living RoomMain4.55 × 3.50 m

fireplace · hardwood floor · pot lights

BreakfastMain2.95 × 2.95 m

picture window · hardwood floor

Dining RoomMain3.80 × 2.95 m

w/o to deck · hardwood floor · pot lights

Primary BedroomSecond4.75 × 3.05 m

walk-in closet(s) · 3 pc ensuite · hardwood floor

Game RoomBasement2.83 × 2.81 m
Family RoomBasement5.80 × 3.02 m

w/o to patio · pot lights · b/i shelves

Bedroom 3Second3.06 × 3.06 m

closet · hardwood floor

KitchenMain3.45 × 2.80 m

stainless steel appl · backsplash

Bedroom 2Second3.80 × 2.95 m

double closet · hardwood floor

Our TakeTeam Asgarian · Broker
Above what recent sales support
$812Kautomated estimate, from recent sales

Listed at $870,000, about 7% above our estimate of $812K (homes like it typically land between $755K and $853K).

Why $812K. The typical townhouse sold in North Richvale over the past year went for about $775K (19 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly3 bedrooms and 4 baths, against 3 and 3 typically.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $3,810 a year; the typical home sold here pays about $3,600.
List price
$755KBelow our range$870KAbove our range

Total price vs nearby homes. Fair value about $812K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
35days on market so far
$3,441/moest. rent · 15 leases
4.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 5 condo townhouse homes for sale in the area against 4 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 $580/sqft against an area asking average of $594/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 37 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $821K. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($580/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 37 comparable homes that sold in North Richvale over the past two years, from 40 closings there.

What sellers nearby are askingCurrently listed nearby in North Richvale · asking prices
$963kavg 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 $812K, which is where my estimate comes from.

Per square foot, these ask about $599/sqft; this home lists at $580/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
870kThis home1.03M880k980kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Richmond Hill: $688K in September 2026, down 8% from a year ago, on 137 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$825K11
November 2025$735K5
December 2025$714K7
January 2026$668K6
February 2026$695K9
March 2026$660K9
April 2026$699K23
May 2026$659K12
June 2026$709K20
July 2026$680K11
August 2026$722K10
September 2026$688K14

Neighbourhood & location

North Richvale, 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.

Mill Pond
$659K
Observatory
$684K
Langstaff
$646K
Westbrook
$912K
Doncrest
$961K

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
$3,965/mo
$177KIncome needed
4.9×Price ÷ income
$915Weekly cost
$13,875Land 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.

80%mortgage
Mortgage $3,965Property tax $318Condo fee $650Total carry $4,933

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)
$3,848per month

Mortgage amount $696,000 · 4.49% over 25 years

$174,000Down payment (20.0%)
$696,000Loan before insurance
$0CMHC premium
$4,816Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,848
Property tax
$318
Condo / maintenance fees
$650
Heating
$0
Estimated monthly cost
$4,816

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

One-time closing costs

Ontario land transfer tax
$13,875
Estimated closing costs
$13,875

Plus your down payment of $174,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,658/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

$458,491Total interest paid
$1,154,491Total of all payments
Principal $696,000 Interest $458,491
YearPrincipalInterestBalance
1$15,532$30,648$680,468
2$16,237$29,943$664,231
3$16,974$29,205$647,257
4$17,745$28,435$629,512
5$18,551$27,629$610,962
6$19,393$26,787$591,569
7$20,273$25,906$571,295
8$21,194$24,986$550,102
9$22,156$24,024$527,945
10$23,162$23,018$504,783
11$24,214$21,966$480,570
12$25,313$20,866$455,256
13$26,462$19,717$428,794
14$27,664$18,516$401,130
15$28,920$17,260$372,210
16$30,233$15,947$341,977
17$31,606$14,574$310,371
18$33,041$13,139$277,330
19$34,541$11,639$242,789
20$36,109$10,070$206,680
21$37,749$8,431$168,931
22$39,463$6,717$129,468
23$41,255$4,925$88,214
24$43,128$3,052$45,086
25$45,086$1,094$0

At the end of your 5-year term

Total paid over the term
$230,898
Principal paid down
$85,038
Interest paid
$145,860
Balance remaining
$610,962

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 North Richvale$3,441/mo
$41,292Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,249 to $3,708Typical rent range

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 North Richvale signed at a median of $3,302 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,441. 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.

4.7%
Gross yield
− Property tax $3,810− Condo fees $7,800− Insurance $600− Vacancy & upkeep $4,542Net operating income $24,540

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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