513-6 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13866532

$629,999
For Sale
Listed 13 days agoNo offer date stated

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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to a warm and inviting southwest-facing 2 bedroom, 2 Bathroom condo, beautifully decorated with a designers touch.
  • Located in the Bayview and Elgin Mills area, this bright 830 SQFT unit offers unobstructed views of the Toronto skyline, filling the space with natural light and...
  • This unit comes with 1 Underground Parking and 1 Locker Unit both owned.

Welcome to a warm and inviting southwest-facing 2 bedroom, 2 Bathroom condo, beautifully decorated with a designers touch. Located in the Bayview and Elgin Mills area, this bright 830 SQFT unit offers unobstructed views of the Toronto skyline, filling the space with natural light and spectacular sunsets. Custom lighting fixtures, elegant window treatments, and stylish bathroom mirrors are thoughtfully chosen and included with the unit. This unit comes with 1 Underground Parking and 1 Locker Unit both owned. Enjoy many amenities this condo has to offer such as common BBQ area, Gym, Party Room, Theatre Room, Music Room, Business Centre and even a Pet Washing area. Step outside and you're moments away from scenic parks, place of worship, boutique shops, yoga and pilates studios, golf courses, and some of the areas best restaurants. For commuters, the Richmond Hill GO Station is just minutes away, offering quick access to downtown Toronto and beyond. Whether you're hosting guests or enjoying a peaceful evening at home, this unit offers the perfect blend of comfort, style, and convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13866532
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Lot
830
Cross streets
Bayview and Elgin Mills
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Block
Maintenance
$713/mo
Exposure
South West
Property tax
$3,094 / 2026
Days on market
13
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenFlat1.83 × 3.66 m

laminate · centre island · quartz counter

Living RoomFlat3.44 × 3.66 m

laminate · w/o to balcony · open concept

Primary BedroomFlat2.90 × 4.19 m

laminate · closet · 4 pc ensuite

Bedroom 2Flat2.68 × 3.11 m

laminate · closet · sw view

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

Rural Richmond Hill, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,871/mo
$134KIncome needed
4.7×Price ÷ income
$663Weekly cost
$9,075Land 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.

75%mortgage
Mortgage $2,871Property tax $258Condo fee $713Total carry $3,842

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)
$2,787per month

Mortgage amount $503,999 · 4.49% over 25 years

$126,000Down payment (20.0%)
$503,999Loan before insurance
$0CMHC premium
$3,758Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,787
Property tax
$258
Condo / maintenance fees
$713
Heating
$0
Estimated monthly cost
$3,758

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

One-time closing costs

Ontario land transfer tax
$9,075
Estimated closing costs
$9,075

Plus your down payment of $126,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,373/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

$332,010Total interest paid
$836,009Total of all payments
Principal $503,999 Interest $332,010
YearPrincipalInterestBalance
1$11,247$22,193$492,752
2$11,758$21,683$480,994
3$12,292$21,149$468,703
4$12,850$20,591$455,853
5$13,433$20,007$442,420
6$14,043$19,397$428,377
7$14,681$18,760$413,696
8$15,347$18,093$398,349
9$16,044$17,396$382,305
10$16,773$16,668$365,532
11$17,534$15,906$347,998
12$18,330$15,110$329,668
13$19,162$14,278$310,506
14$20,033$13,408$290,473
15$20,942$12,498$269,531
16$21,893$11,547$247,638
17$22,887$10,553$224,751
18$23,926$9,514$200,825
19$25,012$8,428$175,813
20$26,148$7,292$149,664
21$27,335$6,105$122,329
22$28,576$4,864$93,753
23$29,874$3,566$63,879
24$31,230$2,210$32,648
25$32,648$792$0

At the end of your 5-year term

Total paid over the term
$167,202
Principal paid down
$61,579
Interest paid
$105,622
Balance remaining
$442,420

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$2,700/mo
$32,400Gross annual rent
2.6%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.

5.1%
Gross yield
− Property tax $3,094− Condo fees $8,553− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,590

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

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