625-2 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13852990

$669,900
For Sale
Listed 17 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Experience elevated condo living at Elgin East.
  • This stunning 2-Bedroom + Den, 2-Full Bathroom suite offers an exceptional blend of style, space, and functionality in one of Richmond Hill's most desirable communities.
  • Featuring a bright open-concept layout, the upgraded kitchen is designed to impress with a centre island, premium finishes, and seamless flow into the spacious living...
  • Enjoy breathtaking west-facing sunset views from the expansive 210 sq. ft. wrap-around balcony, while also taking in additional south and north exposures that flood...
  • Located in the highly sought-after Elgin East community, residents enjoy luxury amenities and a prime Richmond Hill location close to parks, trails, shopping, dining...

Experience elevated condo living at Elgin East! This stunning 2-Bedroom + Den, 2-Full Bathroom suite offers an exceptional blend of style, space, and functionality in one of Richmond Hill's most desirable communities. Featuring a bright open-concept layout, the upgraded kitchen is designed to impress with a centre island, premium finishes, and seamless flow into the spacious living and dining areas-perfect for both everyday living and entertaining. Enjoy breathtaking west-facing sunset views from the expansive 210 sq. ft. wrap-around balcony, while also taking in additional south and north exposures that flood the suite with natural light throughout the day. The versatile den is generously sized and ideal as a home office, guest room, or potential third bedroom. The thoughtfully designed split-bedroom floor plan offers privacy and comfort, complemented by two full bathrooms and modern finishes throughout. Included for added convenience are one underground parking space and a locker for extra storage. Located in the highly sought-after Elgin East community, residents enjoy luxury amenities and a prime Richmond Hill location close to parks, trails, shopping, dining, public transit, and major commuter routes. A rare opportunity to own a bright, spacious, and beautifully upgraded suite with spectacular panoramic views. "Virtual Staging used. Not to scale"

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13852990
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
Bayview Ave & Elgin Mills Rd E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$771/mo
Exposure
North West
Property tax
$3,296 / 2026
Days on market
17
Listing brokerage
ROYAL LEPAGE VISION REALTY

Rooms

Living RoomFlat4.00 × 3.02 m

hardwood floor · combined w/dining · window floor to ceiling

DenFlat3.20 × 2.79 m

hardwood floor · large window

Dining RoomFlat4.22 × 3.02 m

hardwood floor · combined w/living · w/o to balcony

Primary BedroomFlat3.10 × 3.02 m

hardwood floor · 4 pc ensuite · b/i closet

Bedroom 2Flat2.95 × 2.90 m

hardwood floor · b/i closet · large window

KitchenFlat3.65 × 3.20 m

hardwood floor · b/i appliances · quartz counter

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Rural Richmond Hill, 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.

Crosby
$905K
Harding
$514K
North Richvale
$643K
Observatory
$550K
Langstaff
$519K

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
$3,053/mo
$143KIncome needed
4.7×Price ÷ income
$705Weekly cost
$9,873Land 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.

74%mortgage
Mortgage $3,053Property tax $275Condo fee $771Total carry $4,098

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,963per month

Mortgage amount $535,920 · 4.49% over 25 years

$133,980Down payment (20.0%)
$535,920Loan before insurance
$0CMHC premium
$4,009Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,963
Property tax
$275
Condo / maintenance fees
$771
Heating
$0
Estimated monthly cost
$4,009

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

One-time closing costs

Ontario land transfer tax
$9,873
Estimated closing costs
$9,873

Plus your down payment of $133,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,586/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

$353,038Total interest paid
$888,958Total of all payments
Principal $535,920 Interest $353,038
YearPrincipalInterestBalance
1$11,959$23,599$523,961
2$12,502$23,056$511,458
3$13,070$22,488$498,388
4$13,664$21,895$484,724
5$14,284$21,274$470,440
6$14,932$20,626$455,508
7$15,610$19,948$439,898
8$16,319$19,239$423,578
9$17,060$18,498$406,518
10$17,835$17,724$388,683
11$18,645$16,914$370,039
12$19,491$16,067$350,547
13$20,376$15,182$330,171
14$21,301$14,257$308,870
15$22,268$13,290$286,602
16$23,280$12,279$263,322
17$24,336$11,222$238,986
18$25,441$10,117$213,544
19$26,597$8,962$186,948
20$27,804$7,754$159,143
21$29,067$6,492$130,077
22$30,386$5,172$99,690
23$31,766$3,792$67,924
24$33,208$2,350$34,716
25$34,716$842$0

At the end of your 5-year term

Total paid over the term
$177,792
Principal paid down
$65,480
Interest paid
$112,312
Balance remaining
$470,440

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
Estimate$3,050/mo
$36,600Gross annual rent
2.9%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $3,296− Condo fees $9,246− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,432

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE VISION REALTY. MLS®/PropTx.

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