21 Carl Hill Lane, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13834980

$1,099,900
For Sale
Listed 17 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this exceptional brand-new townhouse in the highly sought-after Langstaff neighbourhood of Richmond Hill.
  • Offering 2,049 sq. ft. of thoughtfully designed above grade living space|, this home combines modern finishes, abundant natural light, and an unbeatable location...
  • The spacious main living area features impressive 10-foot ceilings, while smooth ceilings throughout the home create a clean, contemporary feel.
  • Enjoy numerous builder upgrades, including upgraded kitchen with extended cabinetry and designer hardware, 36" stainless steel refrigerator, modern black metal...

Welcome to this exceptional brand-new townhouse in the highly sought-after Langstaff neighbourhood of Richmond Hill. Offering 2,049 sq. ft. of thoughtfully designed above grade living space|, this home combines modern finishes, abundant natural light, and an unbeatable location close to transit, major highways, Hillcrest Mall, parks, and highly regarded schools. The spacious main living area features impressive 10-foot ceilings, while smooth ceilings throughout the home create a clean, contemporary feel. Enjoy numerous builder upgrades, including upgraded kitchen with extended cabinetry and designer hardware, 36" stainless steel refrigerator, modern black metal pickets on the staircase and gas stove. The thoughtfully designed layout also features the convenience of upper-level laundry.Lots of natural light, along with green space in the backyard. Includes one-car garage plus private driveway parking for a total of two parking spaces. Garage has EV charger installed. Ideally situated with easy access to public transit, highways, shopping, schools, parks, and everyday amenities. Tarion warranty included. Depending on individual buyer circumstances andeligibility requirements, buyers may qualify for the Enhanced Homeowners' New Residential(EHNR) Rebate. A rare opportunity to own a brand-new, upgraded home in one of Richmond Hill's most desirable locations.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13834980
Bedrooms
3
Bathrooms
4 (2 half)
Size
2000-2500 sq ft
Lot
20 × 71 ft
Cross streets
Yonge & 16th
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
17
Listing brokerage
RE/MAX EXPERTS

Rooms

Living RoomSecond3.86 × 4.60 m
Bedroom 2Upper2.82 × 3.05 m
Bedroom 3Upper2.87 × 3.20 m
Primary BedroomUpper3.30 × 4.11 m
Media RoomGround5.79 × 3.89 m
KitchenSecond3.00 × 4.29 m
BreakfastSecond2.79 × 2.64 m
Dining RoomSecond4.78 × 2.77 m
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.09Mlikely sale price

Listed at $1,099,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.09M, typically $1.02M to $1.23M. Comparable closings on their own put this home around $1.10M, which supports the ask, so this is a firm read.

List price
$1.02MBelow recent closings$1.23MAbove recent closings

Total price vs nearby homes. Likely closing about $1.09M, 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
$3,771/moest. rent · 5 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 9 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 $489/sqft against an area asking average of $667/sqft.

How this estimate is builtthe short version

I take the 10 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 10 comparable homes that sold in Langstaff over the past two years, from 71 closings there.

What sellers nearby are askingCurrently listed nearby in Langstaff · asking prices
$1.01Mavg 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 $1.10M, which is where my estimate comes from.

Per square foot, these ask about $576/sqft; this home lists at $489/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.10MThis home1.10M1.15M999k1000k798kThis 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
$5,013/mo
$218KIncome needed
5.1×Price ÷ income
$1,157Weekly cost
$18,473Land 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.

88%mortgage
Mortgage $5,013Estimated property tax $687Total carry $5,700

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)
$4,865per month

Mortgage amount $879,920 · 4.49% over 25 years

$219,980Down payment (20.0%)
$879,920Loan before insurance
$0CMHC premium
$5,553Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,865
Estimated property tax
$687
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,553

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

One-time closing costs

Ontario land transfer tax
$18,473
Estimated closing costs
$18,473

Plus your down payment of $219,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,889/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

$579,649Total interest paid
$1,459,569Total of all payments
Principal $879,920 Interest $579,649
YearPrincipalInterestBalance
1$19,636$38,747$860,284
2$20,528$37,855$839,756
3$21,460$36,923$818,297
4$22,434$35,949$795,863
5$23,453$34,930$772,410
6$24,517$33,865$747,893
7$25,631$32,752$722,262
8$26,794$31,588$695,468
9$28,011$30,372$667,457
10$29,283$29,100$638,174
11$30,612$27,770$607,562
12$32,002$26,381$575,559
13$33,455$24,927$542,104
14$34,974$23,408$507,130
15$36,562$21,821$470,568
16$38,222$20,160$432,345
17$39,958$18,425$392,387
18$41,772$16,611$350,615
19$43,669$14,714$306,947
20$45,651$12,731$261,296
21$47,724$10,659$213,571
22$49,891$8,492$163,680
23$52,156$6,227$111,524
24$54,524$3,858$57,000
25$57,000$1,383$0

At the end of your 5-year term

Total paid over the term
$291,914
Principal paid down
$107,510
Interest paid
$184,404
Balance remaining
$772,410

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$3,771/mo
$45,252Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,319 to $4,224Typical 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 $3,715 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,771. 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.

4.1%
Gross yield
− Property tax $7,699− Insurance $1,400− Vacancy & upkeep $4,978Net operating income $31,175

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

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