$445,000

For sale

#LPH5 75 King William Crescent, Richmond Hill (Langstaff) - Single Family for Sale

#LPH5 75 King William Crescent, Richmond Hill (Langstaff), Ontario, L4B0C1

1 bed1 bath1 parking650 ft²$581/mo condo feeListed 44 days ago

Overview

This 1-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 650 sq ft of space. Listed at $445,000, it is attractively priced about 18% below the $545,800 median asking price in Richmond Hill. It has been on the market 44 days, fresher than the Richmond Hill average of 51 days.

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Description

Upgrade your lifestyle to this penthouse located on the 11thfloor, offering bright and functional layout with generous living space for one bedroom, a well appointed kitchen granite counter top and Ceramic backsplash the appliances included and a spacious breakfast bar. Potlights remoted controlled in the Living area .Washroom has multicolored light fixture with wifi connection for your music. The Prime bedroom offers floor to ceiling window plenty of sunlight, facing south, dbl sliding closets, remote controlled pot lights .Enjoy the spectacular south view with breathtaking sunsets. The location offers easy connectivity for commuter, walk to Richmond Go station, easy access to 407 and shopping, the building offers a 24hr concierge, and plenty of visitors parking.The locker is located on the second floor for your convenience. Ideal opportunity for first time buyers, professionals or investors. The unit is clean, well kept and ready to move in.Note: Parking & Locker included, Second Parking spot is available if needed. (id:66096)

Property Details

MLS®: N13817950
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $581/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,143.49/yr
Listed: 44 days ago

Rooms

Flat

Living room: 6.3 x 3.05 meters
Dining room: 6.3 x 3.05 meters
Kitchen: 3.57 x 2.73 meters
Primary Bedroom: 4.97 x 2.89 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, Intercom, Dishwasher, Stove, Range, Dryer
Flooring: Laminate, Ceramic
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$685

List price

$445K

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 44 days, which is 7 days fresher than the city average of 51. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · RON NICESKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $445,000, about 4.6× the local median household income of $97,000.

Carrying it typically needs a household income of about $86,924 (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)

$445,000· $685/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,250

Min 5%50%

Mortgage payment$2,344/mo

↳ CMHC premium ($16,910 capitalized)

Property tax (est.)$179/mo

Condo fee$581/mo

Total monthly$3,103

Cash Needed to Close

Down payment (5%)$22,250

Land transfer tax$5,375

Est. closing costs$3,835

Total cash needed$31,460

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