1017-14 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13880312

$840,000
For Sale
Listed 10 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to modern luxury exquisite Townhouse Located In Richmond Hill.
  • This stunning Beautiful End Unit Brand New Boutique Stacked Townhouse features 3 Bedrooms and 3 washrooms.
  • It Combines the Modern Style with Every Urban Living Convenience with an open concept design.
  • Close to Restaurants, Shopping, Transit, Highway Etc.

Welcome to modern luxury exquisite Townhouse Located In Richmond Hill. This stunning Beautiful End Unit Brand New Boutique Stacked Townhouse features 3 Bedrooms and 3 washrooms. It Combines the Modern Style with Every Urban Living Convenience with an open concept design. This Beautiful Brand New Townhouse is located in Richmond Hill, one of GTA's fastest growing municipalities. Close to Restaurants, Shopping, Transit, Highway Etc.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13880312
Bedrooms
3
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
Other
Maintenance
$311/mo
Exposure
East
Property tax
$4,211 / 2025
Days on market
10
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

KitchenMain3.54 × 2.13 m
Bedroom 2Lower3.26 × 2.77 m
Bedroom 3Lower2.74 × 2.47 m
Primary BedroomLower3.26 × 3.23 m
Living RoomMain4.30 × 4.11 m
Dining RoomMain4.15 × 2.78 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$817Klikely sale price

Listed at $840,000. Going by how homes in Rural Richmond Hill and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $817K, if it sells. A realistic range is $769K to $884K.

Independent value check: $697K. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $648K and $732K).

Why $697K. The typical townhouse sold in Rural Richmond Hill over the past year went for about $631K (18 sales). What sets this one apart:

  • ▲ Raises itIt is 1,200 to 1,399 sq ft; the typical home sold here is 950 to 1,099.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,211 a year; the typical home sold here pays about $3,800.
List price
$769KBelow recent closings$884KAbove recent closings

Total price vs nearby homes. Likely closing about $817K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$610Kmedian sold price
97%of asking, on average
~38 dayshomes like this take to sell
10days on market so far
$2,953/moest. rent · 5 leases
4.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.5 months of inventory: 12 condo townhouse homes for sale in the area against 8 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 $646/sqft against an area asking average of $603/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 and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $689K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 3 homes sold in this building over the past two years, plus 2 nearby in Rural Richmond Hill, from 29 closings in Rural Richmond Hill.

What sellers nearby are askingCurrently listed nearby in Rural Richmond Hill · asking prices
$773kavg 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 $616/sqft; this home lists at $646/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
840kThis home850k818k780k749k669kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Richmond Hill: $688K in September 2026, down 8% from a year ago, on 137 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$825K11
November 2025$735K5
December 2025$714K7
January 2026$668K6
February 2026$695K9
March 2026$660K9
April 2026$699K23
May 2026$659K12
June 2026$709K20
July 2026$680K11
August 2026$722K10
September 2026$688K14

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
$3,828/mo
$166KIncome needed
5.1×Price ÷ income
$883Weekly cost
$13,275Land 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.

85%mortgage
Mortgage $3,828Property tax $351Condo fee $311Total carry $4,491

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)
$3,716per month

Mortgage amount $672,000 · 4.49% over 25 years

$168,000Down payment (20.0%)
$672,000Loan before insurance
$0CMHC premium
$4,378Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,716
Property tax
$351
Condo / maintenance fees
$311
Heating
$0
Estimated monthly cost
$4,378

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

One-time closing costs

Ontario land transfer tax
$13,275
Estimated closing costs
$13,275

Plus your down payment of $168,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,497/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

$442,681Total interest paid
$1,114,681Total of all payments
Principal $672,000 Interest $442,681
YearPrincipalInterestBalance
1$14,996$29,591$657,004
2$15,677$28,910$641,327
3$16,389$28,198$624,938
4$17,133$27,454$607,805
5$17,911$26,676$589,894
6$18,724$25,863$571,170
7$19,574$25,013$551,596
8$20,463$24,124$531,133
9$21,392$23,195$509,740
10$22,363$22,224$487,377
11$23,379$21,208$463,998
12$24,440$20,147$439,558
13$25,550$19,037$414,008
14$26,710$17,877$387,298
15$27,923$16,664$359,375
16$29,191$15,397$330,185
17$30,516$14,071$299,669
18$31,902$12,686$267,767
19$33,350$11,237$234,417
20$34,864$9,723$199,553
21$36,447$8,140$163,106
22$38,102$6,485$125,004
23$39,832$4,755$85,172
24$41,641$2,947$43,531
25$43,531$1,056$0

At the end of your 5-year term

Total paid over the term
$222,936
Principal paid down
$82,106
Interest paid
$140,830
Balance remaining
$589,894

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 Rural Richmond Hill$2,953/mo
$35,436Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,598 to $3,307Typical rent range
~27 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 Rural Richmond Hill signed at a median of $3,065 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,953. 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.

4.2%
Gross yield
− Property tax $4,211− Condo fees $3,735− Insurance $600− Vacancy & upkeep $3,898Net operating income $22,992

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

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