87 Avenue Rd is a 4-bedroom, 2-bathroom townhouse in Richmond Hill, listed for $880,000. It has 1500-2000 sq ft of living space.
1Enjoy a lifestyle of ultimate convenience-ideally located near Yonge & Carrville, you are just steps away from Hillcrest Mall, top-rated schools, lush parks, and the local community centre.
2Commuting is a breeze with quick, easy access to both Hwy 407 and Hwy 404.
3Bonus for EV owners: a newly installed dedicated breaker for Tesla charging.
Welcome to this beautifully maintained, premium 4-bedroom freehold townhouse in the highly sought-after North Richvale community! Offering a spacious and rare 1,613 sq. ft. layout, this larger unit features a primary bedroom complete with a desirable walk-in closet, upgraded windows for excellent energy efficiency, a seamless attached garage, and stunning hardwood and Laminated flooring throughout both the ground and first floors. Enjoy a lifestyle of ultimate convenience-ideally located near Yonge & Carrville, you are just steps away from Hillcrest Mall, top-rated schools, lush parks, and the local community centre. Commuting is a breeze with quick, easy access to both Hwy 407 and Hwy 404. Bonus for EV owners: a newly installed dedicated breaker for Tesla charging. Maintenance-free living at its absolute finest!
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $587 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 87 Avenue Rd
Every detail from the listing, in one place.
Type
Townhouse
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Att/Row/Townhouse
87 Avenue Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14138696$880,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 87 Avenue Rd 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
$4,323
/mo
based on the purchase price of $880,000
$176,000 cash
$704,000 financed
$592,953 total interest
Principal54%$704,000
Interest46%$592,953
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.
For homeowners nearby
Own a home on Avenue Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 87 Avenue Rd 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 87 Avenue Rd 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.
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-bed homes for sale in Richmond Hill around $880K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.6%On average, homes sold below asking.
Active listings1,136Homes for sale here right now.
Median vs prior 90 days+3.6%Compared with May 6 – Aug 4, 2026: prices up.
Based on 823 sales from Aug 4 – Nov 2, 2026 (614 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 87 Avenue Rd
How much is 87 Avenue Rd listed for?
87 Avenue Rd is listed at $880,000 (MLS® N14138696). Summitly updates the price as soon as the MLS® record changes.
Is $880,000 a good price for 87 Avenue Rd?
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 87 Avenue Rd changed?
No — 87 Avenue Rd is still listed at its original asking price of $880,000.
How many bedrooms and bathrooms does 87 Avenue Rd have?
87 Avenue Rd has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a townhouse in Richmond Hill.
How much would the monthly mortgage be on 87 Avenue Rd?
About $4,323 a month — principal and interest on $880,000 with 20% down ($176,000), 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 87 Avenue Rd compare with other homes in Richmond Hill?
Its asking price of $880,000 is about 23% below the median sold price in Richmond Hill over the last 90 days, $1,140,000, across 823 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 87 Avenue Rd been sold before?
Summitly has no earlier MLS® sale or lease of 87 Avenue Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 87 Avenue Rd?
87 Avenue Rd is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 87 Avenue Rd been on the market?
87 Avenue Rd was listed today (November 2, 2026).
What is the price per square foot of 87 Avenue Rd?
About $440 to $587 per square foot: the asking price of $880,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 87 Avenue Rd have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 87 Avenue Rd have a basement, and is it finished?
