#805 398 Highway 7 East, Richmond Hill (Doncrest), Ontario, L4B0G6

For saleJust listed

3 days ago

$648K

#805 398 Highway 7 East, Richmond Hill (Doncrest), Ontario, L4B0G6

3 bd2 ba1 pk950 ft²+$924/mo

Listed by HOMELIFE LANDMARK REALTY INC.

#509 8763 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B3V1

For sale

7 days ago

$379K

#509 8763 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B3V1

1 ba1 pk250 ft²+$532/mo

Listed by POWER 7 REALTY

#99 9133 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B4V7

For sale

7 days ago

$1.15M

#99 9133 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B4V7

3 bd3 ba4 pk2,125 ft²+$853/mo

#309 9 Chalmers Road, Richmond Hill (Doncrest), Ontario, L4B3N3

1 bd1 ba1 pk650 ft²+$622/mo

Listed by RE/MAX EXCEL REALTY LTD.

Investment analysis

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$499,000

Richmond Hill

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$499,000

For saleJust listed

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#1011 8501 Bayview Avenue, Richmond Hill (Doncrest) - Single Family for Sale

#1011 8501 Bayview Avenue, Richmond Hill (Doncrest), Ontario, L4B3J7

3 beds2 baths2 parking1,300 ft²$1,422/mo condo feeListed 3 days ago

Overview

This 3-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Listed at $499,000, it is attractively priced about 19% below the $618,000 median asking price in Richmond Hill. It has been on the market 3 days, fresher than the Richmond Hill average of 66 days.

Condos for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Spacious approximately 1,215 sq. ft. suite featuring two owned underground parking spaces, two bedrooms, two full bathrooms and a versatile solarium. The desirable split-bedroom layout offers privacy, while the generous primary bedroom includes a walk-in closet and private ensuite. An oversized balcony features separate walkouts from the second bedroom and solarium. Freshly painted, with an updated kitchen, stainless steel appliances and generous living and dining areas. The solarium provides flexible space for a home office, reading room or family room. Maintenance fees include heat, hydro, water, central air conditioning and cable TV. An excellent opportunity for buyers seeking generous interior space and the convenience of two parking spaces. (id:66096)

Property Details

MLS®: N14139516
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,422/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,591.9/yr
Listed: 3 days ago

Rooms

Main level

Living room: 5.08 x 3.35 meters
Dining room: 3.05 x 3.05 meters
Kitchen: 3.35 x 2.9 meters
Primary Bedroom: 4.57 x 3.35 meters
Bedroom 2: 3.96 x 2.82 meters
Solarium: 3.35 x 3.25 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Exterior: Concrete, Stucco
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Richmond Hill (Doncrest) listings, avg age

66d

Price / ft²

$384

List price

$499K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Richmond Hill (Doncrest) has been listed for 3 days, which is 63 days fresher than the city average of 66. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · JAWID DAVID AZIZI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $499,000, about 5.1× the local median household income of $97,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $97,000
Population: 36,080
Median age: 45.6
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4B)

$499,000· $384/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$216/mo

Condo fee$1,422/mo

Total monthly$4,267

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice