$499,900

For saleJust listed

#5 1 Bond Crescent, Richmond Hill (Oak Ridges) - Single Family for Sale

#5 1 Bond Crescent, Richmond Hill (Oak Ridges), Ontario, L4E1J4

1 bed1 bath1 parking550 ft²$167/mo condo feeListed 3 days ago

Overview

This 1-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 550 sq ft of space. It has been on the market 3 days, fresher than the Richmond Hill average of 58 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 countertops 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®: N14136788
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $167/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $2,842.79/yr
Listed: 3 days ago

Rooms

Main level

Living room: 9.8 x 17.2 meters
Kitchen: 7.3 x 14.7 meters
Bedroom

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, Hood Fan
Foundation: Concrete
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Richmond Hill (Oak Ridges) listings, avg age

58d

Price / ft²

$910

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 (Oak Ridges) has been listed for 3 days, which is 55 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · SURANJI 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· $910/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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