$649,900

For sale

#1404 56 Elizabeth Street, Richmond Hill (Mill Pond) - Single Family for Sale

#1404 56 Elizabeth Street, Richmond Hill (Mill Pond), Ontario, L4C5W2

3 beds3 baths1 parking1,300 ft²$520/mo condo feeListed 28 days ago

Overview

This 3-bedroom, 3-bathroom condo in Richmond Hill is for sale offering roughly 1,300 sq ft of space. It has been on the market 28 days, fresher than the Richmond Hill average of 58 days.

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Description

Great Value in the Heart of Richmond Hill! about 1 year old stacked townhouse within walking distance to Yonge St. This sun-filled west-facing 2+Den (den with doors, ideal as a 3rd bedroom or office),3 full baths offers a smart, functional layout with an open-concept kitchen, dining, and living area, plus a stylish breakfast island. Unit includes one owned parking space plus the option to continue renting a second spot from a fellow resident . Enjoy the perfect blend of comfort and convenience-nestled in a quiet enclave yet just minutes to vibrant amenities including the library, Wave Pool, arena, hospital, top-rated schools, and GO Transit. A modern lifestyle opportunity not to be missed! 270 Sqf outdoor terrace. Front Entrance facing the parking lot. (id:66096)

Property Details

MLS®: N13877426
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $520/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,739.71/yr
Listed: 28 days ago

Rooms

Flat

Kitchen: 3.6 x 2.72 meters
Family room: 3.7 x 2.81 meters
Dining room: 3.7 x 2.81 meters
Bedroom 3: 2.38 x 2.22 meters

Second level

Primary Bedroom: 4.58 x 2.83 meters
Bedroom 2: 2.7 x 2.58 meters

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

Features

Appliances: Window Coverings
Flooring: Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Richmond Hill (Mill Pond) listings, avg age

58d

Price / ft²

$500

List price

$650K

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 (Mill Pond) has been listed for 28 days, which is 30 days fresher than the city average of 58. Act while there is still low competition.

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Listed by MASTER'S CHOICE REALTY INC. · KATE CAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $649,900, about 7.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 48% 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)

$649,900· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$312/mo

Condo fee$520/mo

Total monthly$4,213

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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