$690,800

For sale

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#521 32 Clarissa Drive, Richmond Hill (Harding) - Single Family for Sale

#521 32 Clarissa Drive, Richmond Hill (Harding), Ontario, L4C9R7

3 beds2 baths1 parking ft²

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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

Investment analysis

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$690,800

Richmond Hill

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Description

Location, Location! Large And Spacious Open Concept Unit With Southern Exposure In The Heart Of Richmond Hill. Bright, Eat-In Kitchen With Walk-In Pantry/Laundry Room, Primary Bedroom With 4-Piece Ensuite And Double Closets, Walk-Out To A Large Oversized Balcony From All Bedrooms And Solarium. Fantastic Building Amenities For Your Use! 3 Reasons That You Would Love This Unit And Building: Convenience, Safety And Proximity To All Area Amenities. Maintenance Fees Include: Water, Heating, Cable, Internet. (id:66096)

Property Details

MLS®: N14115794
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,017/mo
Fee Includes: Cable TV, Heat, Water
Ownership: Condo/Strata
Property Tax: $2,911.2/yr
Listed: 9 days ago

Market Timing

Days on market

Richmond Hill (Harding) listings, avg age

55d

Price / ft²

$628

List price

$691K

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.

Area context

Neighbourhood profile (L4C)

This home lists at $690,800, about 8.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $134,937 (20% down, 25-yr amortization, stress-tested) — roughly 57% 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)

$690,800· $628/ft²

For sale

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Full Cost Breakdown

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Down Payment6.38% · $44,080

Min 6.38%50%

Mortgage payment$3,586/mo

↳ CMHC premium ($25,869 capitalized)

Property tax (est.)$243/mo

Condo fee$1,017/mo

Total monthly$4,845

Cash Needed to Close

Down payment (6.38%)$44,080

Land transfer tax$10,291

Est. closing costs$4,572

Total cash needed$58,943

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

#521 32 Clarissa Drive, Richmond Hill (Harding) - Single Family for Sale

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Description

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Neighbourhood profile (L4C)

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