86 Riley Reed Lane, Richmond Hill, ON
Rural Richmond Hill, Richmond Hill · MLS® N14079758
About this home
In short
- Welcome to 86 Riley Reed Lane.
- Upgraded hardwood floors throughout.
- Open-concept main level flows effortlessly to a spacious covered balcony off the breakfast area - ideal for firing up the BBQ or unwinding no matter the season.
- Primary bed w/ 4pc ensuite w/ double sinks & glass shower.
- Minutes to Hwy 404, walking distance to Richmond Green Secondary School, Costco, Home Depot, neighborhood plazas & close to Richmond Green Sports Centre & Park for...
Welcome to 86 Riley Reed Lane! Upgraded Premium Corner-unit townhome in Richmond Hill's highly sought-after Jubilee Towns community, masterfully crafted by award-winning Arista Homes! Ideally situated in the desirable Richlands neighborhood. 1,925 sqft, 3+1 beds, 3 baths with extra windows on both exposures flooding every level with natural light. 9-ft ceilings on main & upper floors! Upgraded hardwood floors throughout. Open-concept main level flows effortlessly to a spacious covered balcony off the breakfast area - ideal for firing up the BBQ or unwinding no matter the season. Chef-inspired kitchen with quartz counters & ample cabinetry. Primary bed w/ 4pc ensuite w/ double sinks & glass shower. Bedroom 3 provides an additional 2nd private balcony adding an outdoor living space to the upper level. Rare main floor bedroom/den ideal for potential home office/business. Unfinished basement offers valuable storage space, keeping your main living areas clean and clutter-free. 2 parking spots (driveway & spacious garage). Minutes to Hwy 404, walking distance to Richmond Green Secondary School, Costco, Home Depot, neighborhood plazas & close to Richmond Green Sports Centre & Park for year-round recreation - this is Richlands living at its finest!
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- N14079758
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 34.3 × 52.09 ft
- Cross streets
- Leslie & Elgin Mills
- Parking
- 1 garage · 2 parking (attached)
- Driveway
- Private
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,807 / 2026
- Days on market
- 4
- Listing brokerage
- ARMANI REALTY
Rooms
vinyl floor · window
vinyl floor · closet
breakfast bar · stainless steel appl · custom backsplash
4 pc ensuite · walk-in closet(s)
w/o to balcony · vinyl floor · closet
vinyl floor · combined w/kitchen · open concept
w/o to balcony · combined w/kitchen · open concept
W/O To Garage
ceramic floor · laundry sink
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
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $581/sqft; this home lists at $594/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Rural Richmond Hill, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $831,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,600
- Property tax
- $484
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,084
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,273
- Estimated closing costs
- $17,273
Plus your down payment of $207,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $275,990
- Principal paid down
- $101,645
- Interest paid
- $174,344
- Balance remaining
- $730,275
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ARMANI REALTY. MLS®/PropTx.