$599,900

For sale

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#1013 310 Red Maple Road, Richmond Hill (Langstaff) - Single Family for Sale

#1013 310 Red Maple Road, Richmond Hill (Langstaff), Ontario, L4C0T7

2 beds2 baths2 parking ft²

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#804 75 King William Crescent, Richmond Hill (Langstaff), Ontario, L4B0C1

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#101 330 Red Maple Road, Richmond Hill (Langstaff), Ontario, L4C0T6

For saleJust listed

2 days ago

$392K

#101 330 Red Maple Road, Richmond Hill (Langstaff), Ontario, L4C0T6

1 bd1 ba1 pk550 ft²+$656/mo

Listed by Royal LePage Real Estate Associates

Investment analysis

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$599,900

Richmond Hill

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Description

Bright and spacious, this rare 2-bedroom corner unit features a functional floor plan flooded with natural light. Located in a high-demand area off 16th Avenue, this spotless, well-maintained home boasts stunning, unobstructed panoramic views from two separate large balconies with seamless walk-outs. Enjoy classic hardwood flooring throughout and a generous eat-in kitchen perfect for daily meals. Includes two underground parking spaces and access to exceptional building amenities. Outstanding location close to top-rated schools, transit, and shopping! (id:66096)

Property Details

MLS®: N13774600
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,069/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,025.93/yr
Listed: 55 days ago

Market Timing

Days on market

55d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$632

List price

$600K

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.

Area context

Neighbourhood profile (L4C)

This home lists at $599,900, about 7.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$599,900· $632/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$252/mo

Condo fee$1,069/mo

Total monthly$4,453

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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

#1013 310 Red Maple Road, Richmond Hill (Langstaff) - Single Family for Sale

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Description

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Neighbourhood profile (L4C)

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