Property Description

Modtera Towns – New Bungalow & 2 Story Townhomes For Sale In Richmond Hill
Coming soon to
235 King Road, Richmond Hill, ON
GARDEN BUNGALOW from $459,990
TWO STOREY URBAN TERRACE from $849,990

Steps from GO Transit, golf courses, and forested trails.
ADDRESS	235 King Road, Richmond Hill, ON
AREA	York Region, Onatrio
ROOMS	1 – 3 Bedrooms | 1.5 – 3 Bath
TYPES OF HOMES	Townhomes
CLOSING	Spring 2027
DEPOSIT	$5,000 with Offer 5% less $5,000 in 30 Days 1.5% in 90 Days 1.5% in 120 Days 1.5% in 150 Days 1.5% in 180 Days 1.5% in 210 Days 1.5% in 240 Days 1.0 % on occupancy
HOMES SIZE RANGE	509 – 1474 SQFT
STARTING PRICES	GARDEN BUNGALOW from $459,990 TWO STOREY URBAN TERRACE from $849,990

Modtera Towns is an elegant new townhome community coming soon to 235 King Road in Richmond Hill, offering a modern blend of architectural sophistication and natural serenity. Rooted in one of York Region’s most desirable neighbourhoods, this development introduces a rare selection of Garden Bungalow townhomes starting from $459,990 and Two-Storey Urban Terrace homes from $849,990. With thoughtfully designed layouts ranging from 509 to 1,474 square feet and offering one to three bedrooms, Modtera Towns provides a living experience crafted for comfort, style, and intentional living.

Scheduled for occupancy in Spring 2027, this refined collection delivers contemporary open-concept interiors, elevated finishes, and an atmosphere that balances connection and calm. The community features a flexible deposit program, beginning with $5,000 on signing and additional staged payments to make ownership more approachable for first-time buyers and investors. Designed for residents who value tranquility without sacrificing convenience, Modtera Towns introduces a fresh expression of modern living in Richmond Hill, where every detail reflects elegance, ease, and timeless character.

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Amenities

Life at Modtera Towns is defined by elevated features, serene surroundings, and thoughtfully curated interior design. Each home is crafted with a focus on modern luxury, offering open-concept living spaces enhanced by warm flooring, designer finishes, and expansive windows that bring in abundant natural light throughout the day. Smart home technology provides keyless entry, automated climate control, and seamless connectivity, ensuring your home is as intuitive as it is beautiful.

The kitchens at Modtera Towns are a true highlight, featuring premium cabinetry, quartz countertops, modern fixtures, and high-quality appliances that elevate everyday living. The community itself overlooks the peaceful Modtera Greens, creating a soothing backdrop for morning routines, evening relaxation, and everything in between. Every interior space has been intentionally designed to inspire calm, encourage comfort, and bring a sense of harmony to daily life.

For residents seeking a modern lifestyle grounded in tranquility, Modtera Towns offers a unique combination of elegant design and natural inspiration—whether you’re enjoying your private, quiet spaces or connecting with the thoughtful energy of the community.

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Location

Perfectly positioned within Richmond Hill, Modtera Towns places residents moments from the best the area has to offer. The community is just steps from GO Transit, making daily commuting effortless, whether you’re heading across York Region or into Downtown Toronto. Quick access to Highway 400 and a network of scenic local roads ensures smooth travel throughout the GTA, while the surrounding neighbourhood provides a diverse mix of urban conveniences and natural escapes.

Nearby, residents can explore local cafés, artisan boutique shops, golf courses, and expansive parks, including the beloved Lake Wilcox area—a popular destination for waterfront strolls, outdoor activities, and family gatherings. The neighbourhood is also rich with forested trails, offering peaceful hiking routes and quiet spaces to unwind. With weekend farmers’ markets, vibrant community hubs, and endless amenities just minutes away, Modtera Towns delivers a lifestyle where convenience and natural beauty coexist effortlessly.

Located in a thriving, well-connected corridor of York Region, Modtera Towns offers exceptional long-term value for buyers seeking modern living in a community that feels both established and full of potential.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Townhomes in Richmond Hill, ON. Please click here and fill out the form and we will send you more info as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out the “My Dream Home search in GTA” form and we will get back to you with relevant information.

In Your Best Interest – Start Smart with RE/MAX Team Paliwal

Before you step into any new home or condo sales centre, make sure you’re accompanied by a REALTOR® from RE/MAX Team Paliwal—especially on your first visit.

As builder-preferred agents, we’re paid directly by the builder, but we work exclusively for you—at absolutely no cost to you.

Why is this important?

Builder sales staff represent the builder, not you. That means important terms, hidden conditions, or missed incentives could slip through—costing you time and money.

With us by your side, you gain:

• Expert guidance throughout the selection and purchase process
• Negotiation power to secure the best price and terms
• Early VIP access to pricing, floor plans, and builder incentives
• Referrals to trusted professionals—top lawyers, lenders & banks

We’re independent REALTORS® with RE/MAX Realty Specialists Inc., Brokerage—your advisors, advocates, and partners in the journey.

Note: This service is offered to buyers not currently under contract with another REALTOR®.

FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?

Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being a top selling pre-construction agent and investor since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our services to you as a buyer are free

Do I get a cooling-off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.

Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.

Do the prices include HST?

 If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.

If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 months to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

Is it possible to assign my condo or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.

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