1227-8 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13876644

$668,888
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Modern Townhome Living In The Heart Of Richmond Hill.
  • Offering Approximately 1,268 Sq.
  • Of Interior Living Space Plus A 364 Sq.
  • The Main Floor Features 10-Ft Smooth Ceilings And Stylish Herringbone Flooring, Creating A Warm And Contemporary Feel From The Moment You Walk In.
  • The Open-Concept Layout Provides A Seamless Flow Between The Living, Dining, And Kitchen Areas, While Large Windows Bring In Plenty Of Natural Light.

Modern Townhome Living In The Heart Of Richmond Hill! Welcome To This Bright And Beautifully Upgraded 2-Bedroom, 3-Bathroom Townhome At Elgin East. Offering Approximately 1,268 Sq. Ft. Of Interior Living Space Plus A 364 Sq. Ft. Private Rooftop Terrace! This Home Offers A Great Balance Of Comfortable Living And Outdoor Space. The Main Floor Features 10-Ft Smooth Ceilings And Stylish Herringbone Flooring, Creating A Warm And Contemporary Feel From The Moment You Walk In. The Open-Concept Layout Provides A Seamless Flow Between The Living, Dining, And Kitchen Areas, While Large Windows Bring In Plenty Of Natural Light. The Kitchen Features A Quartz-Countertop Island, Providing Additional Workspace And A Great Spot For Casual Dining Or Entertaining. Upstairs, 9-Ft Ceilings Continue Throughout The Bedrooms And Living Areas, Adding To The Open Feel Of The Home. The Private Rooftop Terrace Is Perfect For Hosting Friends, Enjoying A Quiet Evening, Or Taking In The Fresh Air, With A Gas Line For Your BBQ Making Outdoor Entertaining Easy. Your Underground Parking Space Is Conveniently Located Close To The Unit while Adding Extra Convenience To Everyday Living. Located Just Minutes From Richmond Green Park, Highway 404, GO Transit, Schools, The Library, Community Centre, Costco, Walmart, Shopping, Restaurants, And much More. Book your showing today!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13876644
Bedrooms
2
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Bayview/Elgin Mills
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Concrete Block
Foundation
Concrete
Maintenance
$311/mo
Exposure
East
Property tax
$4,264 / 2026
Days on market
11
Listing brokerage
UNION CAPITAL REALTY

Rooms

KitchenMain4.11 × 2.32 m

laminate · stainless steel appl · centre island

Primary BedroomSecond2.89 × 2.84 m

laminate · 3 pc ensuite · closet

Bedroom 2Second3.63 × 2.52 m

laminate · closet · window

Living RoomMain4.67 × 4.62 m

laminate · combined w/dining · picture window

Dining RoomMain4.67 × 4.62 m

combined w/living · california shutters

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
What sellers nearby are askingCurrently listed nearby in Rural Richmond Hill · asking prices
$703kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $541/sqft; this home lists at $515/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
669kThis home669k660k780kThis home vs active comparables

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.

Headford Business Park
$900K
Mill Pond
$659K
Westbrook
$912K
Jefferson
$562K
Observatory
$684K

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
$3,049/mo
$137KIncome needed
4.9×Price ÷ income
$704Weekly cost
$9,853Land 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.

82%mortgage
Mortgage $3,049Property tax $355Condo fee $311Total carry $3,715

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,959per month

Mortgage amount $535,110 · 4.49% over 25 years

$133,778Down payment (20.0%)
$535,110Loan before insurance
$0CMHC premium
$3,625Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,959
Property tax
$355
Condo / maintenance fees
$311
Heating
$0
Estimated monthly cost
$3,625

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

One-time closing costs

Ontario land transfer tax
$9,853
Estimated closing costs
$9,853

Plus your down payment of $133,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,581/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

$352,505Total interest paid
$887,615Total of all payments
Principal $535,110 Interest $352,505
YearPrincipalInterestBalance
1$11,941$23,563$523,169
2$12,484$23,021$510,685
3$13,050$22,454$497,635
4$13,643$21,862$483,992
5$14,262$21,242$469,730
6$14,910$20,595$454,820
7$15,587$19,918$439,233
8$16,295$19,210$422,938
9$17,034$18,470$405,904
10$17,808$17,697$388,096
11$18,616$16,888$369,480
12$19,462$16,043$350,018
13$20,345$15,159$329,673
14$21,269$14,236$308,404
15$22,235$13,270$286,169
16$23,244$12,260$262,924
17$24,300$11,205$238,625
18$25,403$10,102$213,222
19$26,556$8,948$186,665
20$27,762$7,742$158,903
21$29,023$6,482$129,880
22$30,340$5,164$99,540
23$31,718$3,787$67,822
24$33,158$2,346$34,664
25$34,664$841$0

At the end of your 5-year term

Total paid over the term
$177,523
Principal paid down
$65,381
Interest paid
$112,142
Balance remaining
$469,730

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$4,100/mo
$49,200Gross annual rent
5.3%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.

7.4%
Gross yield
− Property tax $4,264− Condo fees $3,735− Insurance $600− Vacancy & upkeep $5,412Net operating income $35,189

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

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