74 Ellesmere Street, Richmond Hill, ON
Langstaff, Richmond Hill · MLS® N13823456
About this home
In short
- Fully Renovated From Top To Bottom, Just Move In.
- Hardwood Floors And Stairs On The Main Level, Open Living And Dining, And A Kitchen With Quartz Counters, Stainless Steel Appliances And A Separate Breakfast Area...
- Primary Bedroom With His And Hers Closets, A Good-Sized Second Bedroom And A Full 4-Piece Bath Upstairs.
- The Finished Basement Adds A Third Bedroom With An Above-Grade Window, A 3-Piece Bath With Heated Floors, A Separate Laundry Room And Custom Closets And Shelving...
- Newer Windows On The Main And Second Floors, Newer Garage Door And Garage Roof.
Fully Renovated From Top To Bottom, Just Move In! Freehold Townhome In Langstaff With No Maintenance Fees. Every Level Has Been Updated With Quality Finishes, So There Is Nothing Left To Do. Hardwood Floors And Stairs On The Main Level, Open Living And Dining, And A Kitchen With Quartz Counters, Stainless Steel Appliances And A Separate Breakfast Area Walking Out To The Yard. Primary Bedroom With His And Hers Closets, A Good-Sized Second Bedroom And A Full 4-Piece Bath Upstairs. The Finished Basement Adds A Third Bedroom With An Above-Grade Window, A 3-Piece Bath With Heated Floors, A Separate Laundry Room And Custom Closets And Shelving Throughout. Newer Windows On The Main And Second Floors, Newer Garage Door And Garage Roof. Deep 113 Ft Lot With A Private Fenced Backyard, Plus A Detached Garage Off The Rear Lane And An Extra Parking Space. Walk To Yonge, Hillcrest Mall And Viva, With Langstaff GO, Hwy 7, 407 And 404 Minutes Away And The Yonge North Subway Extension Planned Nearby.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13823456
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 14.76 × 113.19 ft
- Cross streets
- Yonge/16th Ave
- Parking
- 1 garage · 2 parking (detached)
- Driveway
- Lane
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,842 / 2026
- Days on market
- 21
- Listing brokerage
- T-ONE GROUP REALTY INC.,
Rooms
ceramic floor · overlooks backyard · combined w/kitchen
hardwood floor · combined w/living
3 Pc Bath
ceramic floor · quartz counter · w/o to yard
hardwood floor · overlooks frontyard · large window
hardwood floor · overlooks frontyard · window
pot lights · 3 pc bath · above grade window
2 Pc Bath
his and hers closets · hardwood floor · large window
Ceramic Floor
4 Pc Bath
Listed at $968,000. Going by how homes in Langstaff and the wider GTA have actually closed against their asking prices (about 99%, 10 local closings in 90 days), the likely sale price is near $961K, if it sells. A realistic range is $900K to $1.08M.
Independent value check: $1.00M. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $939K and $1.05M).
Why $1.00M. The typical townhouse sold in Langstaff over the past year went for about $1.06M (32 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,842 a year; the typical home sold here pays about $5,400.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it slightly2+1 bedrooms and 3 baths, against 3+1 and 4 typically.
Total price vs nearby homes. Likely closing about $961K, from 10 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 5 townhouse homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $745/sqft against an area asking average of $681/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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $857K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 3 homes sold on this street over the past two years, plus 2 nearby in Langstaff, from 71 closings in Langstaff.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.00M, which is where my estimate comes from.
Per square foot, these ask about $681/sqft; this home lists at $745/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Richmond Hill: $1.02M in September 2026, down 4% from a year ago, on 376 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.07M | 33 |
| November 2025 | $1.05M | 37 |
| December 2025 | $1.08M | 21 |
| January 2026 | $1.10M | 25 |
| February 2026 | $1.10M | 23 |
| March 2026 | $1.06M | 23 |
| April 2026 | $1.05M | 43 |
| May 2026 | $1.05M | 46 |
| June 2026 | $1.02M | 32 |
| July 2026 | $1.02M | 24 |
| August 2026 | $1.03M | 39 |
| September 2026 | $1.02M | 30 |
Neighbourhood & location
Langstaff, 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 16, 2026); conventional rates run a little higher.
Mortgage amount $774,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,282
- Property tax
- $404
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,685
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,835
- Estimated closing costs
- $15,835
Plus your down payment of $193,600. 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
- $256,907
- Principal paid down
- $94,617
- Interest paid
- $162,290
- Balance remaining
- $679,783
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 5 whole-home leases in Langstaff signed at a median of $3,514 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,833. 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 T-ONE GROUP REALTY INC.,. MLS®/PropTx.