$449,900

$479,900For salePrice drop↓ $30,000 (6%)

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#217 6 David Eyer Road, Richmond Hill - Single Family for Sale

#217 6 David Eyer Road, Richmond Hill, Ontario, L4S0N5

2 beds1 bath parking

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#79 370 Red Maple (Block C) Road, Richmond Hill (Langstaff), Ontario, L4C5T4

For saleJust listed

Yesterday

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Listed by FOREST HILL REAL ESTATE INC.

Investment analysis

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$449,900

Richmond Hill

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Overview

This 2-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 650 sq ft of space. Listed at $449,900, it is attractively priced about 27% below the $615,000 median asking price in Richmond Hill. It has been on the market 34 days, fresher than the Richmond Hill average of 57 days.

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

Description

Immaculately kept vacant one bedroom and den ( that can be used as an additonal sleep area ) 634 sq ft per builders floorplan plus a 111 sq ft full size balcony, all vinyl plank / ceramic flooring no carpet, 9 feet ceilings, one parking spot, one locker. Close to Richmond Green community center, Costco, Home Depot, Banks, Hwy 404 all a short drive away. (id:66096)

Property Details

MLS®: N13858452
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $560/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,569.15/yr
Listed: 34 days ago

Market Timing

Days on market

34d

Richmond Hill listings, avg age

57d

Price / ft²

$693

List price

$450K

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 (L4S)

This home lists at $449,900, about 3.8× the local median household income of $119,000.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $119,000
Population: 36,688
Median age: 43.2
Owner / renter: 85% / 15%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L4S)

$449,900· $693/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$214/mo

Condo fee$560/mo

Total monthly$3,143

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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

#217 6 David Eyer Road, Richmond Hill - Single Family for Sale

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