$449,000

$498,000For salePrice drop↓ $49,000 (10%)

#612 29 Northern Heights Drive, Richmond Hill (Langstaff) - Single Family for Sale

#612 29 Northern Heights Drive, Richmond Hill (Langstaff), Ontario, L4B4M4

2 beds2 baths1 parking950 ft²$1,085/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 950 sq ft of space. Listed at $449,000, it is attractively priced about 18% below the $549,000 median asking price in Richmond Hill. It has been on the market 13 days, fresher than the Richmond Hill average of 51 days.

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Description

Welcome To 29 Northern Heights Drive In Richmond Hill's Established Langstaff Community. This Inviting Two-Bedroom, Two-Bathroom Condo Offers A Comfortable Layout With A Combined Living And Dining Area, Ideal For Everyday Living And Entertaining. The Open-Concept Kitchen Features A Breakfast Bar That Connects The Space, While The Primary Bedroom Includes An Ensuite Bathroom. A Versatile Second Bedroom Provides Room For Family, Guests Or A Home Office. Step Outside To The North-Facing Balcony To Enjoy Your Morning Coffee Or Unwind At The End Of The Day. Residents Enjoy 24-Hour Gate Security, An Indoor Pool, Sauna, Gym And Party Room. Close To Hillcrest Mall, Shopping, Restaurants And Transit, With Convenient Access To Major Highways, This Is An Opportunity To Enjoy A Relaxed Condominium Lifestyle In A Well-Connected Neighbourhood. (id:66096)

Property Details

MLS®: N14105800
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,085/mo
Fee Includes: Common Area Maintenance, Cable TV, Electricity, Water
Ownership: Condo/Strata
Property Tax: $2,439.93/yr
Listed: 13 days ago

Rooms

Flat

Dining room: 6.2 x 3.51 meters
Living room: 6.2 x 3.51 meters
Kitchen: 3.5 x 0.75 meters
Primary Bedroom: 4.59 x 3.17 meters
Bedroom: 3.74 x 2.63 meters

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

Features

Flooring: Parquet
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$473

List price

$449K

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 2-bed single family in Richmond Hill (Langstaff) has been listed for 13 days, which is 38 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX PREMIER INC. · IRENE SETTINO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $449,000, about 4.6× the local median household income of $97,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$449,000· $473/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$203/mo

Condo fee$1,085/mo

Total monthly$3,653

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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