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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N13872750For SaleCondo Townhouse

224 Matawin Lane

Headford Business Park, Richmond Hill, Ontario L4B 0H8

Map
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224 Matawin Lane, Richmond Hill, photo 1
Asking$888,000
Bedrooms
3
Bathrooms
4
Size
1,400–1,599sq ft
Per sq ft
$592at the range’s middle
Built
0-5
Parking
11 built-in
Days on market
Members

The brief

About 224 Matawin Lane

224 Matawin Lane is a 3-bedroom, 4-bathroom condo townhouse in Headford Business Park, Richmond Hill, listed for sale at an asking price of $888,000 (MLS® N13872750).

Welcome To This Beautiful Corner Unit Townhome By Treasure Hill In The Desirable Legacy Hill Community. Featuring The Largest Layout In The Project At 1,502 Sq. Ft., With 3 Bedrooms, 4 Bathrooms, A Finished Basement And 2 Private Balconies. Loaded With Builder Upgrades, Including Smooth Ceilings, Vinyl Flooring, And An Upgraded Kitchen With Quartz Countertops, Waterfall Island, Soft-Close Cabinetry And Stainless Steel Appliances. Quietly Located On An Interior Street Away From Major Mackenzie, With Visitor Parking Right At Your Doorstep. Minutes To Costco, T&T, Walmart, Parks And Top-Rated Schools, With Convenient Access To Public Transit And GO Station, Plus Quick Access To Hwy 404 & 407.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,200/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 6 condos with 3 bedrooms for lease in Headford Business Park right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

MLS® number
N13872750
Board
TRREB MLS®
Property Type
Condo Townhouse
Building Age
0-5
Days on market
Size
1400-1599 sqft
Listed on
Parking
1 Built-In, 1 Parking
Listing brokerage: FIRST CLASS REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
3-Storey
Community
Headford Business Park
Municipality
Richmond Hill

Building

Size
1400-1599 sqft
Building Age
0-5
Construction
Brick

Inside

Bedrooms
3
Bathrooms
4
Bathroom Details
1 × 2pc 2nd, 1 × 3pc 3rd, 1 × 4pc 3rd, 1 × 4pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Built-In
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
Yes
Den
No
Family room
No
Extras
All Existing Fridge, Stove, Dishwasher, Stack Washer and Dryer. All Existing Light Fixtures & Window Coverings.
Condo maint.
$198

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 224 Matawin Lane, Richmond Hill, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$888,000N/AFor SaleN13872750

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $177,600

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$177,600
Total mortgage amount
$710,400
Total interest payment
$505,200
Total purchase cost
$1,393,200
Mortgage payment
$4,052/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

44%

Monthly carrying cost

$4,250
−$1,200per month
  • Rent $3,050
  • Shortfall $1,200

Rental income opens at $3,050, the median asking rent of 6 comparable homes for lease in Headford Business Park. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$14,235
Total land transfer tax
$14,235
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$10,235
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $888,000
$9,760
Ontario total
$14,235

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 m5 water-supply wells recorded within 250 mGroundwater recorded about 8.1 m below ground nearbyBedrock about 94.2 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 2.0 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationFibre to the home, Cable, DSL internet listed for this area
On record Checked, none on record

Water and conservation5

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • 5 water-supply wells recorded within 250 m4 of them were drilled for domestic use; 18 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.6 m.250 m
  • Groundwater recorded about 8.1 m below ground nearbyThe middle water level in the well records within 500 m (108 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 94.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 2.0 km2 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet2

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell, Dotto One, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Richmond Hill GOGO Transit train: Richmond Hill3.3 km
Highway 7 / East Beaver CreekYRT bus rapid transit: Viva Purple4 km
Highway 7 / AllstateYRT bus rapid transit: Viva Purple4 km
Highway 7 / LeslieYRT bus rapid transit: Viva Purple4.1 km
Highway 7 / WoodbineYRT bus rapid transit: Viva Purple4.1 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Silver Stream Public SchoolYork Region DSBPublic · grades JK–81.3 km96%Grade 6 average
Redstone Public SchoolYork Region DSBPublic · grades JK–81.4 km82%Grade 6 average
Our Lady Help of Christians Catholic Elementary SchoolYork CDSBCatholic · grades JK–81.6 km79%Grade 6 average
ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.9 km95%Grade 3 average
SecondaryTypeDistanceGrade 9 math 2024–25
Bayview Secondary SchoolYork Region DSBPublic · grades 9–122.3 km91%Grade 9 math
St Augustine Catholic High SchoolYork CDSBCatholic · grades 9–12 · French Immersion2.4 km97%Grade 9 math
Our Lady Queen of the World CA High SchoolYork CDSBCatholic · grades 9–12 · French Immersion2.6 km79%Grade 9 math
École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–124.4 km90%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in Headford Business Park are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record