Townhouses for Sale in Richmond Hill
Over $1.5M
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: $1.57M · 62 active · avg 14 days on market.
62 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Townhouses in Richmond Hill Over $1.5M
62 active · median $1.57M
Median List Price
$1.57M
Active Listings
62
Avg Days on Market
14 days
YoY Change
-8.4%
6-Month Median Price Trend
Dec
$1.60M
Jan
$1.55M
Feb
$1.60M
Mar
$1.61M
Apr
$1.53M
May
$1.54M
What is the average townhouse price in Richmond Hill in 2026?
The benchmark price for a townhouse in Richmond Hill in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 62 active listings, moving in an average of 14 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 balanced market for townhouses in this band. Inventory is turning over in 14 days with prices down 8.4% year-over-year. Neither side has decisive leverage right now.
Families helped in Richmond Hill
69+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
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What $1.57M gets you in Richmond Hill.
Townhouses in Richmond Hill priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $687K for the greater toronto area. Within this band the median list comes in near $1575K — down 8.4% year-over-year. Active inventory is moving in roughly 14 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$1.69M
$1.45M
$1.45M
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
Other property types
Richmond Hill Townhouse FAQ
What is the median price for townhouses in Richmond Hill over $1.5m?
As of 2026-05-01, the median list price for townhouses in Richmond Hill priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many townhouses are currently for sale in Richmond Hill in this price range?
There are roughly 62 active townhouses for sale in Richmond Hill priced over $1.5m. 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 over $1.5m are averaging 14 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.
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 $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 62 active, median $1.57M.
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 Over $1.5M
Median $1.57M · 62 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M 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.