157 Nahanni Drive, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13834620

$1,080,000
For Sale
Listed 17 days agoNo offer date stated
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◎ Directions
3Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Located in Top-Ranked IB School Zone.
  • Freehold Townhome In Bayview Glen Area, Great Quiet Neighbourhood Just Off Major Roads&Transits Such As Hwy7/Bayview/Yonge/Go Station/Big Shopping Plaza.
  • Customized Upscale Renovation.
  • Oak Hardwood Through-Out.

Located in Top-Ranked IB School Zone. Freehold Townhome In Bayview Glen Area, Great Quiet Neighbourhood Just Off Major Roads&Transits Such As Hwy7/Bayview/Yonge/Go Station/Big Shopping Plaza. High Ranked School Zone. Large master bedroom. Customized Upscale Renovation. Tone Of Pot Lights; Excellent Move-In Condition. Oak Hardwood Through-Out. No Side Walk. Park 2 Cars On Driveway. Storage Racks In Garage, Front Closed Porch. Private Fenced Backyard With Cedar Deck. Access To Garage From Backyard Directly

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13834620
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
24.63 × 77.18 ft
Cross streets
Bayview/ Hwy 7
Parking
1 garage · 3 parking (built-in)
Driveway
Available, Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,290 / 2026
Days on market
17
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Great RoomBasement0.00 × 0.00 m

laminate · open concept · above grade window

Living RoomGround4.89 × 2.98 m

hardwood floor · open concept · pot lights

Bedroom 2Second3.72 × 3.42 m

hardwood floor · large closet · overlooks frontyard

Family RoomGround4.58 × 4.19 m

hardwood floor · fireplace · w/o to yard

KitchenGround3.06 × 3.02 m

granite counters · modern kitchen · breakfast area

Dining RoomGround4.89 × 2.98 m

hardwood floor · overlooks frontyard · combined w/living

Primary BedroomSecond5.29 × 3.36 m

hardwood floor · large closet · 4 pc ensuite

Bedroom 3Second4.06 × 2.46 m

hardwood floor · large closet · combined w/sitting

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.07Mlikely sale price

Listed at $1,080,000. 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 $1.07M, if it sells. A realistic range is $1.00M to $1.21M.

Independent value check: $986K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $924K and $1.03M).

Why $986K. The typical townhouse sold in Langstaff over the past year went for about $1.06M (32 sales). What sets this one apart:

  • ▼ Lowers it slightlyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$1.00MBelow recent closings$1.21MAbove recent closings

Total price vs nearby homes. Likely closing about $1.07M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.11Mmedian sold price
103%of asking, on average
+1%prices vs a year ago
~21 dayshomes like this take to sell
17days on market so far
$3,381/moest. rent · 5 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 6 townhouse homes for sale in the area against 10 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 $831/sqft against an area asking average of $649/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 $1.01M. Condition and finishes remain an 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 6 homes sold on this street over the past two years, from 71 closings in Langstaff.

What sellers nearby are askingCurrently listed nearby in Langstaff · asking prices
$1.03Mavg asking

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 $986K, which is where my estimate comes from.

Per square foot, these ask about $664/sqft; this home lists at $831/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.08MThis home999k968k938k1.10M1.15MThis home vs active comparables

Sold 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.

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$1.07M33
November 2025$1.05M37
December 2025$1.08M21
January 2026$1.10M25
February 2026$1.10M23
March 2026$1.06M23
April 2026$1.05M43
May 2026$1.05M46
June 2026$1.02M32
July 2026$1.02M24
August 2026$1.03M39
September 2026$1.02M30

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.

Doncrest
$1.17M
South Richvale
$1.07M
North Richvale
$998K
Rouge Woods
$1.03M
Westbrook
$1.11M

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
$4,922/mo
$205KIncome needed
5.3×Price ÷ income
$1,136Weekly cost
$18,075Land 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.

92%mortgage
Mortgage $4,922Property tax $441Total carry $5,363

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,777per month

Mortgage amount $864,000 · 4.49% over 25 years

$216,000Down payment (20.0%)
$864,000Loan before insurance
$0CMHC premium
$5,218Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,777
Property tax
$441
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,218

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

One-time closing costs

Ontario land transfer tax
$18,075
Estimated closing costs
$18,075

Plus your down payment of $216,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,782/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

$569,161Total interest paid
$1,433,161Total of all payments
Principal $864,000 Interest $569,161
YearPrincipalInterestBalance
1$19,281$38,046$844,719
2$20,156$37,170$824,563
3$21,071$36,255$803,492
4$22,028$35,298$781,463
5$23,028$34,298$758,435
6$24,074$33,253$734,361
7$25,167$32,160$709,194
8$26,310$31,017$682,885
9$27,504$29,822$655,381
10$28,753$28,573$626,628
11$30,058$27,268$596,569
12$31,423$25,903$565,146
13$32,850$24,476$532,296
14$34,341$22,985$497,954
15$35,901$21,426$462,054
16$37,531$19,796$424,523
17$39,235$18,092$385,288
18$41,016$16,310$344,272
19$42,879$14,448$301,393
20$44,825$12,501$256,568
21$46,861$10,466$209,707
22$48,988$8,338$160,719
23$51,213$6,114$109,506
24$53,538$3,789$55,969
25$55,969$1,358$0

At the end of your 5-year term

Total paid over the term
$286,632
Principal paid down
$105,565
Interest paid
$181,067
Balance remaining
$758,435

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 5 whole-home leases in Langstaff$3,381/mo
$40,572Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,976 to $3,787Typical rent range
~31 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 5 whole-home leases in Langstaff signed at a median of $3,381 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,381. 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.

3.8%
Gross yield
− Property tax $5,290− Insurance $1,400− Vacancy & upkeep $4,463Net operating income $29,419

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

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