$680,000

For sale

#406 40 Baif Boulevard, Richmond Hill (North Richvale) - Single Family for Sale

#406 40 Baif Boulevard, Richmond Hill (North Richvale), Ontario, L4C5M9

3 beds2 baths2 parking1,300 ft²$1,335/mo condo feeListed 27 days ago

Overview

This 3-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Its $680,000 asking price sits right in line with the $670,000 median in Richmond Hill. It has been on the market 27 days, fresher than the Richmond Hill average of 62 days.

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Description

Welcome to this 1368 sq ft 3 bedroom, 2 full bathroom sunny south exposure condo. Entertainers delight with this amazing renovated kitchen with an enormous granite center island that has loads of extra storage. Center piece for guests. Newer Stainless steel appliances, quartz counters, pot drawers, sliders, garbage/recycle stations, etc. Really well designed open concept gourmet kitchen. Beautiful laminate flooring throughout. Spacious living area with walkout to large sunny balcony that allows gas barbecues. New toilets and vanities in the two full bathrooms. In suite laundry room with storage space. Walk-in closet and 4 piece ensuite in large primary bedroom. Side by side two car parking. Storage locker. Walk to Hillcrest Mall, grocery shopping, Yonge St and transit. Access to Club 66 with its awesome outdoor pool, games room, gym and party room. Underground car wash. Option to purchase electric charger station. Maintenance Fees Include Heat, Hydro, Water, CAC, Cable TV, Basic Internet. Residents have access to Club 66 Recreation Centre. (id:66096)

Property Details

MLS®: N13876632
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,335/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,712/yr
Listed: 27 days ago

Features

Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Richmond Hill (North Richvale) listings, avg age

62d

Price / ft²

$523

List price

$680K

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 (North Richvale) has been listed for 27 days, which is 35 days fresher than the city average of 62. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · HESSAM MAGHSOUDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $680,000, about 7.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $132,828 (20% down, 25-yr amortization, stress-tested) — roughly 54% 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)

$680,000· $523/ft²

For sale

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Full Cost Breakdown

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Down Payment6.32% · $43,000

Min 6.32%50%

Mortgage payment$3,532/mo

↳ CMHC premium ($25,480 capitalized)

Property tax (est.)$226/mo

Condo fee$1,335/mo

Total monthly$5,093

Cash Needed to Close

Down payment (6.32%)$43,000

Land transfer tax$10,075

Est. closing costs$4,540

Total cash needed$57,615

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