$380,000

For sale

#309 9 Chalmers Road, Richmond Hill (Doncrest) - Single Family for Sale

#309 9 Chalmers Road, Richmond Hill (Doncrest), Ontario, L4B3N3

1 bed1 bath1 parking650 ft²$622/mo condo feeListed 9 days ago

Overview

This 1-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 650 sq ft of space. Listed at $380,000, it is attractively priced about 39% below the $618,000 median asking price in Richmond Hill. It has been on the market 9 days, fresher than the Richmond Hill average of 65 days.

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Description

Attention First Time Home Buyers, Downsizers & Investors!! A Rare Opportunity to own this spacious one bedroom & one bathroom boutique condo unit, complete with one parking & one locker in a Prime Richmond Hill location. Unobstructed North-West facing view. Practical Layout & Functional Floorplan. Large Garden Rooftop Patio & Ample Visitor Parking. Direct Access to Asian popular "Golden Plaza". Perfectly situated within walking distance to cafes, banks, bakery, restaurants and medical buildings. This location delivers unmatched lifestyle convenience. Commuting is effortless with quick access to Highway 7, 407/404 and Foot Steps to Public Transit, placing the entire GTA within easy reach. Steps to TNT Supermarket coming soon. This is urban living without compromise. Must See! Property being sold AS-IS WHERE IS. (id:66096)

Property Details

MLS®: N14119162
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $622/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,733.04/yr
Listed: 9 days ago

Rooms

Flat

Living room: 7.01 x 3.05 meters
Dining room: 7.01 x 3.05 meters
Kitchen: 3.05 x 2 meters
Bedroom: 3 x 3.05 meters

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

Features

Flooring: Laminate
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Richmond Hill (Doncrest) listings, avg age

65d

Price / ft²

$585

List price

$380K

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 1-bed single family in Richmond Hill (Doncrest) has been listed for 9 days, which is 56 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RE/MAX EXCEL REALTY LTD. · PUI YEE SHIRLEY CHENG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $380,000, about 3.9× the local median household income of $97,000.

Carrying it typically needs a household income of about $74,227 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $97,000
Population: 36,080
Median age: 45.6
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4B)

$380,000· $585/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,000

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,440 capitalized)

Property tax (est.)$144/mo

Condo fee$622/mo

Total monthly$2,768

Cash Needed to Close

Down payment (5%)$19,000

Land transfer tax$4,175

Est. closing costs$3,640

Total cash needed$26,815

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