$629,900

$669,900For salePrice drop↓ $40,000 (6%)

#109 75 Weldrick Road East, Richmond Hill (Observatory) - Single Family for Sale

#109 75 Weldrick Road East, Richmond Hill (Observatory), Ontario, L4C0H9

3 beds2 baths1 parking1,300 ft²$380/mo condo feeListed 25 days ago

Overview

This 3-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Its $629,900 asking price sits right in line with the $638,000 median in Richmond Hill. It has been on the market 25 days, fresher than the Richmond Hill average of 45 days.

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Description

Welcome to this fully renovated 3-bedroom, 2-bathroom townhome, offering stylish, move-in-ready living in one of Richmond Hill's most convenient locations. The bright, open-concept main floor features thoughtfully curated finishes, and pot lights run throughout every level. The balcony overlooks a peaceful setting that is ideal for families. The second level offers three generously sized bedrooms. The entire third floor is a private loft-style primary retreat, with room for a sitting area, home office, or reading nook, providing exceptional privacy and flexibility. Added value includes 1 separate parking space. Just steps to Yonge Street, transit, Hillcrest Mall, T&T Supermarket, parks, and top-ranked schools, this home combines space, style, and everyday convenience. (id:66096)

Property Details

MLS®: N13885000
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $380/mo
Fee Includes: Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,723/yr

Rooms

Second level

Dining room: 3.39 x 2.91 meters
Living room: 6.43 x 4.39 meters
Kitchen: 2.24 x 3.49 meters

Third level

Primary Bedroom: 4.58 x 3.46 meters
Bedroom 2: 2.92 x 2.35 meters
Bedroom 3: 2.92 x 2.28 meters

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

Features

Appliances: Refrigerator, Water meter, Dishwasher, Oven, Cooktop, Hood Fan
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Flat site, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

25d

Richmond Hill (Observatory) listings, avg age

45d

Price / ft²

$485

List price

$630K

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 (Observatory) has been listed for 25 days, which is 20 days fresher than the city average of 45. Act while there is still low competition.

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Listed by Royal LePage Meadowtowne Realty Inc., Brokerage · BEN HANNAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $629,900, about 7.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — roughly 43% 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)

$629,900· $485/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,990

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,676 capitalized)

Property tax (est.)$227/mo

Condo fee$380/mo

Total monthly$3,889

Cash Needed to Close

Down payment (6.03%)$37,990

Land transfer tax$9,073

Est. closing costs$4,390

Total cash needed$51,453

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