$499,900

For saleJust listed

#5 1 BOND Crescent, Richmond Hill - Single Family for Sale

#5 1 BOND Crescent, Richmond Hill, Ontario, L4E1J4

1 bed1 bath1 parking580 ft²$167/mo condo feeListed Yesterday

Overview

This 1-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 580 sq ft of space. Listed at $499,900, it is attractively priced about 19% below the $618,000 median asking price in Richmond Hill. It has been on the market 1 day, fresher than the Richmond Hill average of 57 days.

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Description

Unobstructed views! Includes one parking space and ample visitor parking. Bright corner bungalow-style condo townhouse offering approximately 600 sq. ft. of convenient main-floor living in a prime Richmond Hill location. The open-concept layout features floor-to-ceiling windows, 9' ceilings and laminate flooring. A modern kitchen boasts quartz counter tops and stainless steel appliances, complemented by in-suite laundry. Low maintenance fees make this an appealing option for first-time buyers, seniors, professionals or investors. Steps to transit and minutes to the GO Station, shopping, groceries, banks and Oak Ridges Library. Close to parks, trails, Lake Wilcox and Bond Lake! (id:66096)

Property Details

MLS®: 40875672
Property Type: Single Family
Zoning: RD(f15;a550*5)
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 580 ft²
Storeys: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $167/mo
Fee Includes: Landscaping, Parking
Ownership: Condo/Strata
Property Tax: $2,842.79/yr
Listed

Rooms

Main level

3pc Bathroom
Bedroom: 10'11'' x 9'6''
Kitchen: 14'7'' x 7'3''
Living room: 17'2'' x 9'8''

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Richmond Hill listings, avg age

57d

Price / ft²

$862

List price

$500K

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 has been listed for 1 day, which is 56 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE MIRACLE REALTY MISSISSAUGA · John Fernando

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $499,900, about 3.9× the local median household income of $127,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $127,000
Population: 54,606
Median age: 40.4
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4E)

$499,900· $862/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$237/mo

Condo fee$167/mo

Total monthly$3,037

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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

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