12 Hostel Lane is a 3-bedroom, 2-bathroom townhouse in Richmond Hill, listed for $1,188,000. It has 2000-2500 sq ft of living space.
1Offering approximately 2,000-2,500 sq.ft. of bright, functional living space with 3 bedrooms and 4 bathrooms.
2Enjoy an open-concept layout with soaring 11-ft ceilings on the main floor, elegant living and dining areas, and a modern kitchen featuring granite countertops.
3Upgraded throughout with hardwood flooring, pot lights and quality finishes.
Welcome to this modern luxury 3-storey townhouse in the heart of Richmond Hill! Located on a quiet, family-friendly street in the highly desirable North Richvale community. Offering approximately 2,000-2,500 sq.ft. of bright, functional living space with 3 bedrooms and 4 bathrooms. Enjoy an open-concept layout with soaring 11-ft ceilings on the main floor, elegant living and dining areas, and a modern kitchen featuring granite countertops. Upgraded throughout with hardwood flooring, pot lights and quality finishes. Washer, dryer and existing appliances included. Conveniently located near top-rated schools, parks, shopping, restaurants, public transit and easy access to major highways. Move-in ready!
3 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $594 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 12 Hostel Lane
Every detail from the listing, in one place.
Type
Townhouse
Style
3-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Att/Row/Townhouse
12 Hostel Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14098708$1,188,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 12 Hostel Lane Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,836
/mo
based on the purchase price of $1,188,000
$237,600 cash
$950,400 financed
$800,486 total interest
Principal54%$950,400
Interest46%$800,486
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other 3–4 bed homes for sale in Richmond Hill around $1.2M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.8%On average, homes sold below asking.
Active listings1,184Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 803 sales from Jul 25 – Oct 23, 2026 (591 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
12 Hostel Lane is listed at $1,188,000 (MLS® N14098708). Summitly updates the price as soon as the MLS® record changes.
Is $1,188,000 a good price for 12 Hostel Lane?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Richmond Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 12 Hostel Lane changed?
No — 12 Hostel Lane is still listed at its original asking price of $1,188,000.
How many bedrooms and bathrooms does 12 Hostel Lane have?
12 Hostel Lane has 3 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a townhouse in Richmond Hill.
Is 12 Hostel Lane close to transit?
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 3.4 km in a straight line. Langstaff GO Station is about 3.6 km, and Rutherford GO Station is about 3.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 12 Hostel Lane?
About $5,836 a month — principal and interest on $1,188,000 with 20% down ($237,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 12 Hostel Lane compare with other homes in Richmond Hill?
Its asking price of $1,188,000 is about 5% above the median sold price in Richmond Hill over the last 90 days, $1,131,800, across 803 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 12 Hostel Lane been sold before?
Summitly has no earlier MLS® sale or lease of 12 Hostel Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 12 Hostel Lane?
12 Hostel Lane is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 12 Hostel Lane been on the market?
3 days — 12 Hostel Lane was listed on October 20, 2026.
What is the price per square foot of 12 Hostel Lane?
About $475 to $594 per square foot: the asking price of $1,188,000 over the 2,000–2,500 sq ft the listing gives as its size range.
