$499,900

For sale

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#607 3 Ellesmere Street, Richmond Hill (Langstaff) - Single Family for Sale

#607 3 Ellesmere Street, Richmond Hill (Langstaff), Ontario, L4B4N2

1 bed2 baths2 parking ft²

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Listed by SUTTON GROUP-ADMIRAL REALTY INC.

#79 370 Red Maple (Block C) Road, Richmond Hill (Langstaff), Ontario, L4C5T4

For saleJust listed

Yesterday

$498K

#79 370 Red Maple (Block C) Road, Richmond Hill (Langstaff), Ontario, L4C5T4

2 bd2 ba2 pk1,100 ft²+$370/mo

Listed by FOREST HILL REAL ESTATE INC.

#804 75 King William Crescent, Richmond Hill (Langstaff), Ontario, L4B0C1

For saleJust listed

2 days ago

$558K

#804 75 King William Crescent, Richmond Hill (Langstaff), Ontario, L4B0C1

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#101 330 Red Maple Road, Richmond Hill (Langstaff), Ontario, L4C0T6

For saleJust listed

2 days ago

$392K

#101 330 Red Maple Road, Richmond Hill (Langstaff), Ontario, L4C0T6

1 bd1 ba1 pk550 ft²+$656/mo

Listed by Royal LePage Real Estate Associates

Investment analysis

Rental cashflow calculator

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$499,900

Richmond Hill

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Description

Trendy & Modern 2-Storey Loft-Style Condo Offering 820 Sq. Ft. Of Bright, Open-Concept Living! This Move-In Ready Suite Features Soaring Windows That Fill The Space With Natural Light, A Spacious Layout Across Two Levels, And An Open Staircase That Adds To Its Contemporary Appeal. Perfect For Entertaining Or Everyday Living. Prime Location Just Steps To Yonge St., Public Transit, Schools, Shopping, GO Transit, And Hwy. 407. Enjoy Excellent Building Amenities. Includes 2 Parking Spaces And 1 Locker-A Rare Find In This Highly Desirable Community! (id:66096)

Property Details

MLS®: N13739522
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 850 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $862/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,265.11/yr
Listed: 64 days ago

Market Timing

Days on market

64d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$588

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.

Area context

Neighbourhood profile (L4B)

This home lists at $499,900, about 5.2× the local median household income of $97,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.

Median household income: $97,000
Population: 36,080
Median age: 45.6
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4B)

$499,900· $588/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.)$189/mo

Condo fee$862/mo

Total monthly$3,683

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

#607 3 Ellesmere Street, Richmond Hill (Langstaff) - Single Family for Sale

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Description

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Neighbourhood profile (L4B)

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