Condos for Sale in Richmond Hill
$1M – $1.5M
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Richmond Hill this band: $1.05M · 9 active · avg 38 days on market.
9 active · median $1.05M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Richmond Hill $1M – $1.5M
9 active · median $1.05M
Median List Price
$1.05M
Active Listings
9
Avg Days on Market
38 days
YoY Change
-9.1%
6-Month Median Price Trend
Dec
$1.07M
Jan
$1.05M
Feb
$1.06M
Mar
$1.02M
Apr
$1.07M
May
$1.01M
What is the average condo price in Richmond Hill in 2026?
The benchmark price for a condo in Richmond Hill in 2026 is approximately $1.05M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 9 active listings, moving in an average of 38 days on market. Prices are down 9.1% year-over-year.
Is Richmond Hill a buyer's or seller's market right now?
Richmond Hill is currently a buyer's market for condos in this band. Listings are sitting 38 days on average and prices are 9.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in Richmond Hill
69+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
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What $1.05M gets you in Richmond Hill.
Condos in Richmond Hill priced $1m – $1.5m are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $1050K — down 9.1% year-over-year. Active inventory is moving in roughly 38 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$1.07M
$1.07M
$1.01M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Richmond Hill.
Keep exploring Richmond Hill.
Other property types
Richmond Hill Condo FAQ
What is the median price for condos in Richmond Hill $1m – $1.5m?
As of 2026-05-01, the median list price for condos in Richmond Hill priced $1m – $1.5m sits at approximately $1.05M based on active MLS inventory.
How many condos are currently for sale in Richmond Hill in this price range?
There are roughly 9 active condos for sale in Richmond Hill priced $1m – $1.5m. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Richmond Hill?
Condos in Richmond Hill priced $1m – $1.5m are averaging 38 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Richmond Hill condo prices going up or down?
Year-over-year median condo prices in Richmond Hill (this band) are down 9.1%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Richmond Hill?
On a $1.05M purchase with 20% down, you'd carry a mortgage of about $840K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $5,133 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 9 active, median $1.05M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Richmond Hill advisor within 1 business hour.
Condos in Richmond Hill $1M – $1.5M
Median $1.05M · 9 active · 3.95% 5-yr fixed
Get pre-approved for a $840K mortgage.
Based on $1.05M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.