811-6 David Eyer Road, Richmond Hill, ON

Rural Richmond Hill, Richmond Hill · MLS® N13880372

$499,999
For Sale
Listed 10 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • This 2 bedroom, 2 bathroom suite includes 1 underground parking spot and 1 storage locker.
  • Upgrades include: quartz waterfall island, chrome handheld shower, frameless sliding shower door in primary ensuite and a mirrored medicine cabinet in both bathrooms.
  • Some finishes/features include: quartz countertops in kitchen, primary ensuite and the second bathroom, under cabinet LED lighting in the kitchen, smooth ceilings...
  • Conveniently located near: Costco, Highway 404, restaurants and more.

Welcome to Elgin East! This 2 bedroom, 2 bathroom suite includes 1 underground parking spot and 1 storage locker. Mostly unobstructed balcony views! 84 square foot balcony. Upgrades include: quartz waterfall island, chrome handheld shower, frameless sliding shower door in primary ensuite and a mirrored medicine cabinet in both bathrooms. Some finishes/features include: quartz countertops in kitchen, primary ensuite and the second bathroom, under cabinet LED lighting in the kitchen, smooth ceilings throughout, approximately 9 foot ceilings and built-in appliances. Pedestrian path to Elgin Mills for easy access on foot to property. Conveniently located near: Costco, Highway 404, restaurants and more!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13880372
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Elgin Mills Road East/Bayview Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Foundation
Unknown
Roof
Unknown
Maintenance
$722/mo
Exposure
East
Property tax
$3,512 / 2026
Days on market
10
Listing brokerage
RE/MAX PREMIER INC.

Rooms

Bedroom 2Flat2.95 × 3.56 m

vinyl floor · double closet · window

Dining RoomFlat4.87 × 3.47 m

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

KitchenFlat3.66 × 2.16 m

vinyl floor · quartz counter · backsplash

Living RoomFlat4.87 × 3.47 m

vinyl floor · combined w/dining · large window

Primary BedroomFlat3.04 × 3.04 m

vinyl floor · double closet · 3 pc ensuite

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
$606kavg 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 $713/sqft; this home lists at $589/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
500kThis home588k600k630kThis 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.

Crosby
$860K
Harding
$514K
North Richvale
$643K
Observatory
$550K
Langstaff
$524K

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
$2,279/mo
$114KIncome needed
4.4×Price ÷ income
$526Weekly cost
$6,475Land 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.

69%mortgage
Mortgage $2,279Property tax $293Condo fee $722Total carry $3,293

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)
$2,212per month

Mortgage amount $399,999 · 4.49% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$3,226Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,212
Property tax
$293
Condo / maintenance fees
$722
Heating
$0
Estimated monthly cost
$3,226

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

One-time closing costs

Ontario land transfer tax
$6,475
Estimated closing costs
$6,475

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,677/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

$263,500Total interest paid
$663,499Total of all payments
Principal $399,999 Interest $263,500
YearPrincipalInterestBalance
1$8,926$17,614$391,073
2$9,332$17,208$381,741
3$9,755$16,785$371,986
4$10,198$16,342$361,788
5$10,661$15,879$351,127
6$11,145$15,395$339,981
7$11,651$14,889$328,330
8$12,180$14,360$316,150
9$12,733$13,807$303,416
10$13,312$13,228$290,105
11$13,916$12,624$276,189
12$14,548$11,992$261,641
13$15,208$11,332$246,433
14$15,899$10,641$230,534
15$16,621$9,919$213,913
16$17,375$9,165$196,538
17$18,164$8,376$178,374
18$18,989$7,551$159,385
19$19,851$6,689$139,534
20$20,752$5,788$118,781
21$21,695$4,845$97,087
22$22,680$3,860$74,407
23$23,709$2,830$50,697
24$24,786$1,754$25,911
25$25,911$629$0

At the end of your 5-year term

Total paid over the term
$132,700
Principal paid down
$48,873
Interest paid
$83,827
Balance remaining
$351,127

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
3.2%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.

6.5%
Gross yield
− Property tax $3,512− Condo fees $8,659− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,065

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

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