$499,000

For sale

#205 21 Elizabeth Street, Richmond Hill (Mill Pond) - Single Family for Sale

#205 21 Elizabeth Street, Richmond Hill (Mill Pond), Ontario, L4C3V5

2 beds1 bath1 parking850 ft²$662/mo condo feeListed 131 days ago

Overview

This 2-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 850 sq ft of space. Its $499,000 asking price sits right in line with the $499,000 median in Richmond Hill.

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Description

Welcome to this bright and spacious 2-bedroom corner unit featuring a desirable east exposure in a well-maintained, low-rise building with a warm and welcoming community atmosphere. Located in the highly sought-after Mill Pond neighbourhood of Richmond Hill, you'll enjoy easy access to beautiful parks, scenic walking trails, restaurants, and shopping, all just minutes from Yonge Street. The GO Station is only a 15-minute walk away, offering convenient commuting options.This inviting home features a brand-new stainless steel refrigerator, stainless steel range and hood fan, a recently installed stainless steel dishwasher, and a cozy electric fireplace. Offering comfort, convenience, and an exceptional location, this is a wonderful opportunity to enjoy safe, peaceful condo living in one of Richmond Hill's most desirable communities. Recently Renovated, Don't miss it! (id:66096)

Property Details

MLS®: N13497070
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Condo Fee: $662/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax: $1,783.57/yr
Listed: 131 days ago

Rooms

Main level

Dining room: 3.6 x 2.35 meters
Kitchen: 2.37 x 2.3 meters
Primary Bedroom: 5 x 3.4 meters
Bedroom: 5.01 x 2.65 meters

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

Features

Appliances: Refrigerator, Dishwasher, Range, Hood Fan, Blinds
Flooring: Laminate, Marble
Exterior: Brick
Lot Features: Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

131d

Richmond Hill (Mill Pond) listings, avg age

57d

Price / ft²

$587

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 2-bed single family in Richmond Hill (Mill Pond) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE GOLCONDA REALTY INC. · ALI BABAEIZADEH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $499,000, about 5.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 13% 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)

$499,000· $587/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.)$149/mo

Condo fee$662/mo

Total monthly$3,439

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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