Home · Buy · Richmond Hill · 85 Riley Reed Lane, Richmond Hill, ON L4S 0M3
+ 14 photos
For Sale · Att/Row/Townhouse
85 Riley Reed Lane, Richmond Hill, ON L4S 0M3
Richmond Hill · Rural Richmond Hill
New listing3-StoreyUnfinished, Full basementBuilt-In garageSouth exposure
4
Beds
4
Baths
2
Parking
2000-2500
Sq ft
0-5 yrs
Built
The honest picture
List price
$1,189,900
▲ 54% above benchmark
Where this price sits vs the typical townhouse home in Richmond Hill.
Benchmark $772,000
Typical low · $733,000Typical high · $810,000
The benchmark is the typical price for townhouse homes in Richmond Hill (TRREB HPI, June 2026), a market reference — not this home's exact value.
About this home
2.5 years new 3-story townhouse with unfinished lookout basement. Jubilee Towns By Arista Homes. Back to beautiful pond and forest.4 bedrooms (2 of them have ensuite bathrooms) and 4 bathrooms. Bright and sun-filled. 9 ft ceilings. Wood floor throughout. Open concept kitchen with center island & granite countertop. Every floor has a deck to enjoy the pond view. Walking distance to Richmond Green Secondary School, library, Costco, Home Depot, plaza & huge Richmond Green Park. 4 mins drive to 404. Quick closing preferred.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 7.9%
$
Down:or type any amount above
This price requires at least 7.9% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$20,273
Legal · title · inspection$2,800
Closing costs$23,073
Down payment$93,990
Total cash to close$117,063
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.