Townhouses for Sale in Richmond Hill
$500K – $750K
Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Richmond Hill this band: $687K · 15 active · avg 38 days on market.
15 active · median $687K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Townhouses in Richmond Hill $500K – $750K
15 active · median $687K
Median List Price
$687K
Active Listings
15
Avg Days on Market
38 days
YoY Change
-8.4%
6-Month Median Price Trend
Dec
$703K
Jan
$704K
Feb
$698K
Mar
$695K
Apr
$700K
May
$684K
What is the average townhouse price in Richmond Hill in 2026?
The benchmark price for a townhouse in Richmond Hill in 2026 is approximately $687K based on the latest CREA MLS® HPI release. Within the $500k – $750k band there are currently 15 active listings, moving in an average of 38 days on market. Prices are down 8.4% year-over-year.
Is Richmond Hill a buyer's or seller's market right now?
Richmond Hill is currently a buyer's market for townhouses in this band. Listings are sitting 38 days on average and prices are 8.4% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
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What $687K gets you in Richmond Hill.
Townhouses in Richmond Hill priced $500k – $750k are tracking against a CREA MLS® HPI benchmark of $687K for the greater toronto area. Within this band the median list comes in near $687K — down 8.4% year-over-year. Active inventory is moving in roughly 38 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$689K
$633K
$687K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these townhouses are clustered in Richmond Hill.
Keep exploring Richmond Hill.
Other price ranges
Richmond Hill Townhouse FAQ
What is the median price for townhouses in Richmond Hill $500k – $750k?
As of 2026-05-01, the median list price for townhouses in Richmond Hill priced $500k – $750k sits at approximately $687K based on active MLS inventory.
How many townhouses are currently for sale in Richmond Hill in this price range?
There are roughly 15 active townhouses for sale in Richmond Hill priced $500k – $750k. Inventory typically refreshes weekly via the local MLS board.
How long do townhouses stay on the market in Richmond Hill?
Townhouses in Richmond Hill priced $500k – $750k are averaging 38 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Richmond Hill townhouse prices going up or down?
Year-over-year median townhouse prices in Richmond Hill (this band) are down 8.4%. Six-month trend data is available on this page.
What mortgage do I need to buy a townhouse at this price in Richmond Hill?
On a $687K purchase with 20% down, you'd carry a mortgage of about $550K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $3,359 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 15 active, median $687K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Richmond Hill advisor within 1 business hour.
Townhouses in Richmond Hill $500K – $750K
Median $687K · 15 active · 3.95% 5-yr fixed
Get pre-approved for a $550K mortgage.
Based on $687K 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.