$698,000

$738,000For salePrice drop↓ $40,000 (5%)

#605 5 Weldrick Road West, Richmond Hill (North Richvale) - Single Family for Sale

#605 5 Weldrick Road West, Richmond Hill (North Richvale), Ontario, L4C8S9

3 beds2 baths1 parking1,300 ft²$1,229/mo condo feeListed 33 days ago

Overview

This 3-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 1,300 sq ft of space. Its $698,000 asking price sits right in line with the $670,000 median in Richmond Hill. It has been on the market 33 days, fresher than the Richmond Hill average of 62 days.

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Description

Check out this beautiful, spacious 2-bedroom + den condo with modern updates and generous living space! Fully renovated with a bright, open-concept layout, this inviting home blends comfort and style. The modern kitchen features granite countertops, a marble backsplash, and stainless steel appliances. Enjoy laminated flooring throughout, beautifully updated bathrooms, crown moulding, pot lights, a custom accent wall, and a large solarium-perfect for a home office, reading area, or additional living space. The well-maintained and welcoming building has been updated and offers a variety of amenities for residents to enjoy. Condo fees include all utilities, including internet, with no extra hidden fees. Great location! Conveniently situated close to Yonge Street, 16th Avenue, Hillcrest Mall, grocery stores, public transportation, shopping, restaurants, and more. A beautifully renovated and move-in-ready condo offering plenty of space, thoughtful updates, and a convenient location. Don't miss the opportunity to make this wonderful condo your new home! (id:66096)

Property Details

MLS®: N13856156
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,229/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,652.77/yr
Listed: 33 days ago

Rooms

Flat

Kitchen: 3.18 x 4.72 meters
Living room: 5.03 x 2.7 meters
Dining room: 6.29 x 2.78 meters
Den: 2.67 x 3.89 meters
Primary Bedroom: 6.26 x 3.51 meters
Bedroom 2: 3.56 x 2.92 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, Hood Fan, Blinds
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Richmond Hill (North Richvale) listings, avg age

62d

Price / ft²

$537

List price

$698K

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 33 days, which is 29 days fresher than the city average of 62. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · ALFRED MARTINELLI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $698,000, about 8.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $136,344 (20% down, 25-yr amortization, stress-tested) — roughly 59% 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)

$698,000· $537/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,800.00

Min 6.42%50%

Mortgage payment$3,621/mo

↳ CMHC premium ($26,128 capitalized)

Property tax (est.)$221/mo

Condo fee$1,229/mo

Total monthly$5,072

Cash Needed to Close

Down payment (6.42%)$44,800

Land transfer tax$10,435

Est. closing costs$4,594

Total cash needed$59,829

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