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DistrictIQ · Richmond Hill

Under $500K Condo Apartments for Sale in Richmond Hill

64 under $500K condo apartments are for sale in Richmond Hill right now — live MLS® listings, updated through the day.

The most attainable condo-apartment listings — typically studios and 1-bedroom suites.

The market

How Richmond Hill under $500K condo apartments shape up

Averages across every active listing in this slice. Asking-side snapshots — they move as inventory turns over.

$456K
Average asking price
$360K–$500K
Price range
1.5
Avg bedrooms
1.2
Avg bathrooms

Other price ranges in Richmond Hill

Same condo apartment bucket, different price band.

Richmond Hill communities with under $500K condo apartments

The most active neighbourhoods for this slice.

Buying a condo apartment in Richmond Hill — what to know

Practical checks specific to this home type. No market predictions.

  1. 1

    Read the status certificate before you close — it discloses the reserve fund, upcoming special assessments, and any lawsuits against the corporation.

  2. 2

    Monthly condo fees typically cover the building envelope, insurance, and amenities; utilities may or may not be included, so ask for a breakdown.

  3. 3

    Rules matter — pets, short-term rentals, balcony grills, and moving-day restrictions vary by declaration and can shape day-to-day life.

Questions buyers ask

Answers built from the live listing set — they change as the market does.

How many under $500K condo apartments are for sale in Richmond Hill right now?
There are 64 active under $500K condo apartments listings in Richmond Hill on DistrictIQ, sourced from a live MLS® feed and refreshed roughly every 15 minutes.
What is the median asking price of a under $500K condo apartment in Richmond Hill?
The median asking price across active Richmond Hill under $500K condo apartments is $464K; the average is $456K. This is asking price, not sold — you can estimate monthly payments with DistrictIQ's mortgage calculator.
What is the price range for under $500K condo apartments in Richmond Hill?
Active Richmond Hill under $500K condo apartments run from $360K to $500K. Use the filters on DistrictIQ's map to narrow further.
How long do under $500K condo apartments stay on the market in Richmond Hill?
The median active under $500K condo apartment in Richmond Hill has been listed for 29 days. That number moves with the market — it's a live snapshot, not a historical figure.
Which Richmond Hill communities have the most under $500K condo apartments?
Langstaff, Crosby, and South Richvale currently have the most under $500K condo apartment listings in Richmond Hill.
How do I search for under $500K condo apartments in Richmond Hill?
Use DistrictIQ's Richmond Hill map with the under $500k filter preselected, or save the search to get an email when a new match is listed — all sourced from a live MLS® feed.

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.