509-9 Steckley House Lane, Richmond Hill, ON
Rural Richmond Hill, Richmond Hill · MLS® N13796110
About this home
In short
- This 2 bedroom, 3 Bathroom home is one of the few block of "through" townhouses in the subdivision.
- This townhouse boasts 1176 sq. ft. and 102 sq. ft. of outdoor space.
- Includes 1 underground parking spot and 1 storage locker.
- Some finishes/features include: 10 foot ceilings on the main, 9 foot ceilings on all other floors, quartz counters in kitchen, second bathroom and primary ensuite...
- Close to: Costco, Highway 404, dining and more.
Welcome to Elgin East! This 2 bedroom, 3 Bathroom home is one of the few block of "through" townhouses in the subdivision. This townhouse boasts 1176 sq. ft. and 102 sq. ft. of outdoor space! Includes 1 underground parking spot and 1 storage locker. Some finishes/features include: 10 foot ceilings on the main, 9 foot ceilings on all other floors, quartz counters in kitchen, second bathroom and primary ensuite, smooth ceilings throughout, under cabinet lighting in the kitchen and a terrace! Pedestrian path to Elgin Mills for easy access on foot to property. Close to: Costco, Highway 404, dining and more!
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- N13796110
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 1000-1199 sq ft
- Cross streets
- Elgin Mills Road East/ Bayview Avenue
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Unknown
- Roof
- Unknown
- Maintenance
- $317/mo
- Exposure
- West
- Days on market
- 3
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
vinyl floor · combined w/living
vinyl floor · window · double closet
vinyl floor · quartz counter · backsplash
vinyl floor · 3 pc ensuite · double closet
vinyl floor · combined w/dining · w/o to terrace
Listed at $659,999, which is tracking about 10% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA.
If it sells at this ask, expect about $647K, typically $636K to $656K: that is where homes here have closed against their asks in the last 90 days (8 closings).
Total price vs nearby homes. Fair value about $598K, median of 29 comparables.
The market behind the math:
About 3.8 months of inventory: 10 condo townhouse homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $600/sqft against an area asking average of $611/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 29 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Richmond Green SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($600/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 6 homes sold in this building over the past two years, from 30 closings in Rural Richmond Hill.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $576/sqft; this home lists at $600/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & 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) →
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.
Also nearby: 11 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $527,999 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,890
- Property tax
- $413
- Condo / maintenance fees
- $317
- Heating
- $0
- Estimated monthly cost
- $3,620
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,675
- Estimated closing costs
- $9,675
Plus your down payment of $132,000. 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
- $173,408
- Principal paid down
- $65,283
- Interest paid
- $108,125
- Balance remaining
- $462,716
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 6 whole-home leases in Rural Richmond Hill signed at a median of $2,881 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,720. 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 RE/MAX PREMIER INC.. MLS®/PropTx.