$412,000

For sale

#713 3 Ellesmere Street, Richmond Hill (Langstaff) - Single Family for Sale

#713 3 Ellesmere Street, Richmond Hill (Langstaff), Ontario, L4B4N2

1 bed1 bath1 parking550 ft²$570/mo condo feeListed 51 days ago

Overview

This 1-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 550 sq ft of space. Listed at $412,000, it is attractively priced about 25% below the $545,800 median asking price in Richmond Hill.

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Description

Welcome to The Gates of Bayview Glen, an intimate 150-suite boutique residence ideally situated in the heart of Richmond Hill's highly convenient Langstaff community. This beautifully updated suite enjoys a desirable southwest exposure with scenic views and an abundance of natural light throughout the day. Discover a bright and inviting interior featuring modern tile flooring, an updated 4-piece bathroom and a stylish kitchen complete with quartz countertops, tile backsplash and brand-new stainless steel appliances. The Spacious primary bedroom features laminate flooring, double mirrored closets, floor-to-ceiling windows and a private walkout balcony; a perfect place to unwind and enjoy the open southwest views. Enjoy the comfort and tranquility of a quiet, well-managed mid-rise community with modern updated common areas and lobby, visitor parking, exercise room, games room, party/meeting room and security. Exceptional location just minutes from Yonge Street, Viva/YRT, Hillcrest Mall, Highway 7 and Highway 407, with convenient access to shopping, restaurants, Walmart Supercentre, SilverCity Cinemas and everyday amenities. A developing transit hub with Langstaff GO and the future Bridge Station as part of the Yonge North Subway Extension (under construction), bringing TTC Line 1 into Richmond Hill. One underground parking space and one locker are included, conveniently located on P1. An outstanding opportunity for first-time buyers, downsizers or investors seeking a spacious, updated home in an established Richmond Hill community with exceptional present-day convenience and exciting future transit connectivity! (id:66096)

Property Details

MLS®: N13789172
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $570/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,831.85/yr
Listed: 51 days ago

Rooms

Flat

Living room: 4.58 x 3.05 meters
Dining room: 4.58 x 3.05 meters

Ground level

Kitchen: 2.77 x 1.62 meters
Primary Bedroom: 2.75 x 3.37 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, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$750

List price

$412K

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 (Langstaff) has been listed for 51 days, right at the city average. A solid opportunity worth looking into.

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Listed by RE/MAX CROSSROADS REALTY INC. · RYAN CHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $412,000, about 4.2× the local median household income of $97,000.

Carrying it typically needs a household income of about $80,478 (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)

$412,000· $750/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,600

Min 5%50%

Mortgage payment$2,170/mo

↳ CMHC premium ($15,656 capitalized)

Property tax (est.)$153/mo

Condo fee$570/mo

Total monthly$2,893

Cash Needed to Close

Down payment (5%)$20,600

Land transfer tax$4,715

Est. closing costs$3,736

Total cash needed$29,051

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