1225-8 David Eyer Road, Richmond Hill, ON
Rural Richmond Hill, Richmond Hill · MLS® N14089588
About this home
In short
- Welcome to modern townhouse living in the highly desirable Elgin East community of Richmond Hill.
- Discover this newer, beautifully designed 2-bedroom, 3-bathroom condo townhouse offering the perfect combination of contemporary style, comfort, and convenience.
- Commuters will appreciate convenient access to Highway 404, GO Transit connections, and public transportation.
Welcome to modern townhouse living in the highly desirable Elgin East community of Richmond Hill! Discover this newer, beautifully designed 2-bedroom, 3-bathroom condo townhouse offering the perfect combination of contemporary style, comfort, and convenience. Enjoy the charm and privacy of townhouse living in a vibrant, growing neighbourhood surrounded by everyday conveniences. Ideally situated near Bayview Avenue and Elgin Mills Road, just minutes from Richmond Green Park, excellent schools, community centres, libraries, shopping, restaurants, Costco, and major amenities. Commuters will appreciate convenient access to Highway 404, GO Transit connections, and public transportation. Whether you're enjoying nearby parks and recreational facilities, entertaining family and friends, or simply relaxing at home, this exceptional property offers an ideal balance of urban convenience and suburban tranquility. An outstanding opportunity to own a newer townhouse in one of Richmond Hill's sought-after communities.
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- N14089588
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 900-999 sq ft
- Cross streets
- North East of Bayview Ave. X Elgin Mills Rd.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Concrete
- Maintenance
- $311/mo
- Exposure
- East
- Property tax
- $3,474 / 2026
- Days on market
- 3
- Listing brokerage
- AECORN REALTY INC.
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Rural Richmond Hill, Richmond Hill, ON
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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 20, 2026); conventional rates run a little higher.
Mortgage amount $630,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,486
- Property tax
- $290
- Condo / maintenance fees
- $311
- Heating
- $0
- Estimated monthly cost
- $4,086
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,235
- Estimated closing costs
- $12,235
Plus your down payment of $157,600. 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
- $209,135
- Principal paid down
- $77,023
- Interest paid
- $132,112
- Balance remaining
- $553,377
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 AECORN REALTY INC.. MLS®/PropTx.