$428,800

For sale

#318 310 Red Maple Road, Richmond Hill (Langstaff) - Single Family for Sale

#318 310 Red Maple Road, Richmond Hill (Langstaff), Ontario, L4C0T7

1 bed1 bath1 parking550 ft²$564/mo condo feeListed 136 days ago

Overview

This 1-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 550 sq ft of space. Listed at $428,800, it is attractively priced about 21% below the $545,800 median asking price in Richmond Hill.

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Description

Bright, Spacious, And Beautifully Maintained Suite In The Sought-After Vineyards Community At 310 Red Maple Road. This Well-Laid-Out Condo Features An Open Concept Living And Dining Area, Hardwood Flooring, Large Windows, And A Walk-Out To A Private Balcony Overlooking A Quiet, Green Setting. The Bedroom Offers Generous Space, Natural Light, And A Practical Layout That Feels Comfortable And Easy To Furnish. Located In Richmond Hill's Popular Langstaff Neighbourhood, Just Minutes To Yonge Street, Transit, GO Station, Hillcrest Mall, Parks, Shops, Restaurants, And All Major Conveniences. A Great Opportunity For First-Time Buyers, Investors, Or Downsizers. (id:66096)

Property Details

MLS®: N13477510
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Electric, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $564/mo
Fee Includes: Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,908.86/yr
Listed: 136 days ago

Rooms

Main level

Kitchen: 8.49 x 3.58 meters
Living room: 8.49 x 3.58 meters
Dining room: 8.49 x 3.58 meters
Bedroom: 4.04 x 2.94 meters
Bathroom: 2.53 x 1.43 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Furniture, Window Coverings
Exterior: Concrete
Lot Features: Balcony, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

136d

Richmond Hill (Langstaff) listings, avg age

52d

Price / ft²

$780

List price

$429K

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 (Langstaff) 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 RE/MAX EXCEL REALTY LTD. · MICKY WONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $428,800, about 5.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $83,760 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$428,800· $780/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,440

Min 5%50%

Mortgage payment$2,258/mo

↳ CMHC premium ($16,294 capitalized)

Property tax (est.)$159/mo

Condo fee$564/mo

Total monthly$2,981

Cash Needed to Close

Down payment (5%)$21,440

Land transfer tax$5,051

Est. closing costs$3,786

Total cash needed$30,277

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