Ph22-32 Clarissa Drive, Richmond Hill, ON

Harding, Richmond Hill · MLS® N14100382

$749,000
For Sale
Just listed todayNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Rise above it all in the heart of Richmond Hill.
  • Perched on the penthouse level of Tridel's celebrated Gibraltar II, PH22 is a sun-washed retreat of approx.
  • 1,100 sq ft where every window frames the sky.
  • Mornings begin in light: rich hardwood floors glow beneath floor-to-ceiling windows, and the open living and dining room flows out to a private south-facing balcony...
  • Step outside your door into a resort of your own: gated, landscaped grounds with a 24/7 gatehouse, indoor and outdoor pools, tennis, squash, sauna, gym, theatre...

Rise above it all in the heart of Richmond Hill. Perched on the penthouse level of Tridel's celebrated Gibraltar II, PH22 is a sun-washed retreat of approx. 1,100 sq ft where every window frames the sky. Look south over a sea of treetops that turns to gold each autumn, and on clear days watch the Toronto skyline shimmer on the horizon. Mornings begin in light: rich hardwood floors glow beneath floor-to-ceiling windows, and the open living and dining room flows out to a private south-facing balcony made for slow coffees and quiet evenings. The kitchen, with granite counters, crisp white cabinetry and a pass-through to the dining room, keeps the cook in the conversation. Two corner bedrooms wrapped in glass feel like rooms among the clouds, and two full baths, one with an oversized glass shower and granite vanity, complete the picture. Two underground parking spaces and a locker add rare everyday ease. Step outside your door into a resort of your own: gated, landscaped grounds with a 24/7 gatehouse, indoor and outdoor pools, tennis, squash, sauna, gym, theatre, billiards, library, party room, guest suites and BBQ area. Beyond the gates, the city's heartbeat is at your feet. Stroll the Yonge corridor between 16th Ave and Weldrick Rd (Walk Score 81) to cafes and restaurants, browse 130+ stores at Hillcrest Mall, or catch a show at the Centre for the Performing Arts and a book at the Central Library. Wander the meadows and woodland paths of your neighbour, David Dunlap Observatory Park, a National Historic Site with 3.7 km of trails and stargazing nights beneath its famous dome, then circle the heritage Mill Pond or follow the South Richvale Greenway along the river. YRT and Viva are steps away, Richmond Hill GO and Hwy 407 minutes off, and the Yonge North Subway Extension is on its way. Mackenzie Richmond Hill Hospital is close by, as are Alexander Mackenzie HS (IB program) and St. Joseph Catholic Elementary. This is penthouse living at the centre of it all.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14100382
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Yonge St/Weldrick Rd E
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$950/mo
Exposure
South
Property tax
$2,744 / 2026
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE

Rooms

Bedroom 2Flat3.99 × 2.90 m

parquet · closet · south view

Dining RoomFlat2.99 × 2.80 m

hardwood floor · formal rm

Living RoomFlat3.23 × 3.18 m

hardwood floor · open concept · w/o to balcony

BreakfastFlat3.05 × 2.72 m

hardwood floor · combined w/dining · open concept

KitchenFlat2.99 × 2.75 m

ceramic floor · overlooks dining · ceramic backsplash

Primary BedroomFlat4.72 × 3.25 m

parquet · walk-in closet(s) · 4 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$723Klikely sale price

Listed at $749,000. Going by how homes in Harding and the wider GTA have actually closed against their asking prices (about 97%, 7 local closings in 90 days), the likely sale price is near $723K, if it sells. A realistic range is $681K to $782K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$681KBelow recent closings$782KAbove recent closings

Total price vs nearby homes. Likely closing about $723K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$522Kmedian sold price
95%of asking, on average
−4%prices vs a year ago
~54 dayshomes like this take to sell
$3,087/moest. rent · 7 leases
4.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.3 months of inventory: 10 condo apartment homes for sale in the area against 7 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 $681/sqft against an area asking average of $604/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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $584K. 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 21 homes sold in this building over the past two years, from 75 closings in Harding.

What sellers nearby are askingCurrently listed nearby in Harding · asking prices
$591kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $582K, which is where my estimate comes from.

Per square foot, these ask about $512/sqft; this home lists at $681/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
749kThis home749k560k515k539kThis home vs active comparables

Sold price trend

Median sold price for condos in Richmond Hill: $547K in September 2026, down 3% from a year ago, on 405 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$535K35
November 2025$546K36
December 2025$540K21
January 2026$510K17
February 2026$580K29
March 2026$595K33
April 2026$535K47
May 2026$550K43
June 2026$510K40
July 2026$560K33
August 2026$500K39
September 2026$547K32

Neighbourhood & location

Harding, 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.

North Richvale
$645K
Observatory
$546K
Crosby
$860K
Langstaff
$531K
South Richvale
$670K

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
$3,414/mo
$158KIncome needed
4.7×Price ÷ income
$788Weekly cost
$11,455Land 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.

74%mortgage
Mortgage $3,414Property tax $229Condo fee $950Total carry $4,592

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)
$3,313per month

Mortgage amount $599,200 · 4.49% over 25 years

$149,800Down payment (20.0%)
$599,200Loan before insurance
$0CMHC premium
$4,492Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,313
Property tax
$229
Condo / maintenance fees
$950
Heating
$0
Estimated monthly cost
$4,492

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

One-time closing costs

Ontario land transfer tax
$11,455
Estimated closing costs
$11,455

Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,010/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

$394,724Total interest paid
$993,924Total of all payments
Principal $599,200 Interest $394,724
YearPrincipalInterestBalance
1$13,372$26,385$585,828
2$13,979$25,778$571,850
3$14,613$25,144$557,236
4$15,277$24,480$541,959
5$15,971$23,786$525,989
6$16,696$23,061$509,293
7$17,454$22,303$491,839
8$18,246$21,511$473,593
9$19,075$20,682$454,519
10$19,941$19,816$434,578
11$20,846$18,911$413,732
12$21,793$17,964$391,939
13$22,782$16,975$369,157
14$23,816$15,940$345,341
15$24,898$14,859$320,443
16$26,028$13,729$294,415
17$27,210$12,547$267,204
18$28,446$11,311$238,759
19$29,737$10,020$209,022
20$31,087$8,670$177,935
21$32,499$7,258$145,436
22$33,974$5,783$111,462
23$35,517$4,240$75,945
24$37,129$2,627$38,815
25$38,815$942$0

At the end of your 5-year term

Total paid over the term
$198,785
Principal paid down
$73,211
Interest paid
$125,574
Balance remaining
$525,989

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 7 whole-home leases in Harding$3,087/mo
$37,044Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,840 to $3,334Typical rent range
~26 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 7 whole-home leases in Harding signed at a median of $3,087 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,087. 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.

4.9%
Gross yield
− Property tax $2,744− Condo fees $11,401− Insurance $600− Vacancy & upkeep $4,075Net operating income $18,224

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.

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