56 Elizabeth St S, Richmond Hill

Name: 56 Elizabeth Street S
SKU: N14030026
Price: 629000 CAD
Availability: InStock

2 Upcoming Open Houses at 56 Elizabeth St S

Drop in during an open house, or book a private viewing at a time that suits you.

Saturday, October 171:00 PM – 3:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)
Sunday, October 181:00 PM – 3:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)

2 Bed, 2 Bath Condo Townhouse in Richmond Hill

About 56 Elizabeth Street South

Stunning Two-Bedroom, Two-Bathroom Corner Unit In The Heart Of Richmond Hill. Offering Exceptional Value In A Highly Desirable Neighbourhood Surrounded By Multi-Million-Dollar Homes. Tasteful Upgrades And A Functional Layout Complement Three Exposures With North, East, And West-Facing Views, Providing Abundant Natural Light And A Wonderful Sense Of Openness. This Rare Floor Plan Is Found In Only Six Units Throughout The Community. Enjoy The Feel Of A Stacked Townhome Without The Hassle Of Multiple Stairs Or Levels. Ideally Located In Downtown Richmond Hill, Just Minutes From Libraries, Pools, Hospitals, Top-Rated Schools, Transit, And A Wide Range Of Amenities. Enjoy The Perfect Blend Of Comfort, Convenience, And Value In One Of Richmond Hill's Most Appealing Communities.

2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $629 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.

Inside 56 Elizabeth St S

Every detail from the listing, in one place.

Type: Condo Townhouse
Style: Stacked Townhouse
Living space: 1000-1199 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Stacked Townhouse
Property class: Condo Townhouse

56 Elizabeth St S Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 14, 2026For saleListedThis listingMLS® N14030026$629,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 56 Elizabeth St S Compares to the Richmond Hill Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 1,394 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Richmond Hill market, last 90 days

Median sold price: $1,133,400
Average sold price: $1,232,811
Average days on market: 34
Homes sold: 822

Closed sales on the TRREB MLS®.

Full Richmond Hill market report

Market pulse · Richmond Hill

Richmond Hill market

Median sold price$1,133,400Last 90 days
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.8%On average, homes sold below asking.
Active listings1,183Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with Apr 17 – Jul 16, 2026: prices up.

Based on 822 sales from Jul 16 – Oct 14, 2026 (571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Richmond Hill

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home56 Elizabeth Street S 2 bd · 2 ba · 1,000 sqft	$629,000asking	$629	—	—
3 Bancroft Lane 2 bd · 2 ba · 1,000 sqft
14 David Eyer Road 2 bd · 2 ba · 900 sqft
5 Bancroft Lane 3 bd · 2 ba · 1,200 sqft
5 Bancroft Lane 2 bd · 2 ba · 800 sqft
67 Saigon Drive 2 bd · 1 ba · 800 sqft
7 Steckley House Lane 2 bd · 2 ba · 1,000 sqft

3 Bancroft Lane
2 bd · 2 ba · 1,000 sqft
14 David Eyer Road
2 bd · 2 ba · 900 sqft
5 Bancroft Lane
3 bd · 2 ba · 1,200 sqft
5 Bancroft Lane
2 bd · 2 ba · 800 sqft
67 Saigon Drive
2 bd · 1 ba · 800 sqft
7 Steckley House Lane
2 bd · 2 ba · 1,000 sqft

Living in Richmond Hill: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Richmond Hill GO StationRichmond Hill GO1.1 km14 min walk
Langstaff GO StationRichmond Hill GO4.1 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Richmond Hill GO Station (Richmond Hill GO)14 min walk
Langstaff GO Station (Richmond Hill GO)4.1 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Richmond Hill GO Station
1.1 km14 minClosest· Richmond Hill GO
Homes near Richmond Hill GO Station
Langstaff GO Station
4.1 km· Richmond Hill GO
Homes near Langstaff GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 56 Elizabeth St S. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 56 Elizabeth St S

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,090; 20% down · 25 years · 5.5% assumed
Property tax: $346; 0.66% mill rate · ON
Total per month: $3,436; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,090

/mo

based on the purchase price of $629,000

Down payment20%

$125,800 cash

Amortization25 yr

$503,200 financed

Rate5.50%

$423,826 total interest

Principal54%$503,200

Interest46%$423,826

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

Book a tour of 56 Elizabeth St S with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 56 Elizabeth St S day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Questions About 56 Elizabeth St S

How much is 56 Elizabeth St S listed for?

56 Elizabeth St S is listed at $629,000 (MLS® N14030026). Summitly updates the price as soon as the MLS® record changes.

Is $629,000 a good price for 56 Elizabeth St S?

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 56 Elizabeth St S changed?

No — 56 Elizabeth St S is still listed at its original asking price of $629,000.

How many bedrooms and bathrooms does 56 Elizabeth St S have?

56 Elizabeth St S has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo townhouse in Richmond Hill.

Is 56 Elizabeth St S close to transit?

The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 1.1 km (about a 14-minute walk) in a straight line. Langstaff GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 56 Elizabeth St S?

About $3,090 a month — principal and interest on $629,000 with 20% down ($125,800), 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.

Are there open houses at 56 Elizabeth St S?

Yes — Saturday, October 17, 1:00 PM – 3:00 PM; Sunday, October 18, 1:00 PM – 3:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.

How does 56 Elizabeth St S compare with other homes in Richmond Hill?

Its asking price of $629,000 is about 45% below the median sold price in Richmond Hill over the last 90 days, $1,133,400, across 822 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 56 Elizabeth St S been sold before?

Summitly has no earlier MLS® sale or lease of 56 Elizabeth St S on record from the last two years. Older records aren't shown under TRREB rules.

Where is 56 Elizabeth St S?

56 Elizabeth St S is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 56 Elizabeth St S been on the market?

56 Elizabeth St S was listed today (October 14, 2026).

What is the price per square foot of 56 Elizabeth St S?

About $525 to $629 per square foot: the asking price of $629,000 over the 1,000–1,199 sq ft the listing gives as its size range.

56 Elizabeth St S, Richmond Hill

What you should know

2 Upcoming Open Houses at 56 Elizabeth St S

2 Bed, 2 Bath Condo Townhouse in Richmond Hill

About 56 Elizabeth Street South

Inside 56 Elizabeth St S

Features & systems

56 Elizabeth St S Price & Sale History

How 56 Elizabeth St S Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 56 Elizabeth St S

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Elizabeth Street South? See what yours is worth

Zara, any time

A licensed local agent

See 56 Elizabeth St S, Richmond Hill in person

Similar homes for sale nearby in Richmond Hill

Explore More Condo Townhouses in Richmond Hill

2 Upcoming Open Houses at 56 Elizabeth St S

2 Bed, 2 Bath Condo Townhouse in Richmond Hill

About 56 Elizabeth Street South

Inside 56 Elizabeth St S

Features & systems

56 Elizabeth St S Price & Sale History

How 56 Elizabeth St S Compares to the Richmond Hill Market

Richmond Hill market, last 90 days

Market pulse · Richmond Hill

Recently sold nearby in Richmond Hill

Living in Richmond Hill: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 56 Elizabeth St S

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Elizabeth Street South? See what yours is worth

Zara, any time

A licensed local agent

See 56 Elizabeth St S, Richmond Hill in person

Questions About 56 Elizabeth St S

How much is 56 Elizabeth St S listed for?

Is $629,000 a good price for 56 Elizabeth St S?

Has the price of 56 Elizabeth St S changed?

How many bedrooms and bathrooms does 56 Elizabeth St S have?

Is 56 Elizabeth St S close to transit?

How much would the monthly mortgage be on 56 Elizabeth St S?

Are there open houses at 56 Elizabeth St S?

How does 56 Elizabeth St S compare with other homes in Richmond Hill?

Has 56 Elizabeth St S been sold before?

Where is 56 Elizabeth St S?

How long has 56 Elizabeth St S been on the market?

What is the price per square foot of 56 Elizabeth St S?

Similar homes for sale nearby in Richmond Hill

Explore More Condo Townhouses in Richmond Hill

Market pulse · Richmond Hill

Transit nearby

Transit

Questions About 56 Elizabeth St S

How much is 56 Elizabeth St S listed for?

Is $629,000 a good price for 56 Elizabeth St S?

Has the price of 56 Elizabeth St S changed?

How many bedrooms and bathrooms does 56 Elizabeth St S have?

Is 56 Elizabeth St S close to transit?

How much would the monthly mortgage be on 56 Elizabeth St S?

Are there open houses at 56 Elizabeth St S?

How does 56 Elizabeth St S compare with other homes in Richmond Hill?

Has 56 Elizabeth St S been sold before?

Where is 56 Elizabeth St S?

How long has 56 Elizabeth St S been on the market?

What is the price per square foot of 56 Elizabeth St S?