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$1.40M · 3+1 bed Condo Townhouse · Doncrest, Richmond Hill | MyPropertyScout

$1,398,000

Unit TH7

3+15TenantOccupied

Map

$1,398,000

Unit TH7

388 Highway 7 N/A · Richmond Hill · Ontario L4B 0G5

MLS® N12953024 · Doncrest · L4B 0G5

3+15TenantOccupied2000-2249 ft²Condo Townhouse2-car Built-In$658/ft²$7,223 tax/yr

Neighbourhood Range

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About this home

This is the Luxury townhouse ideally situated in the heart of Richmond Hill. Offers 4 bedroom sand 5 bathrooms, along with a double garage and Driveway Parks Up To 4 Cars. It features a bright, functional layout with 9-foot ceilings. Solid Hardwood Floor, Oversized Casement Windows, Professionally Designed Gourmet Kitchen. The spacious modern kitchen is equipped with stainless steel appliances, quartz countertops, a central island, a breakfast area, and a walk-in pantry. The combined living and…

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Property details

MLS#: N12953024
Status: Buy Now
Beds: 3+1
Baths: 5 full, 0 half
Size: 2000-2249
Style: 3-Storey
Type: Condo Townhouse
Year built: —

Fireplace features: Natural Gas

Condo corp #: 1424
Balcony: Open
Locker: None
Fees include: Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Built-In
Garage spaces: 2
Parking: 4 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Valleymede Dr / Hwy 7
Basement: Finished
Stories: 1
Utilities: —
Laundry: In Basement
Interior: Auto Garage Door Remote, Built-In Oven, Countertop Range
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Living Room	5.82m × 6.58m
Main	Dining Room	4.66m × 6.58m
Main	Kitchen	4.05m × 4.91m
Main	Breakfast	0.82m × 4.05m
Ground	Office	4.72m × 4.91m
Third	Primary Bedroom	3.81m × 3.99m
Third	Bedroom 2	2.44m × 3.66m
Third	Bedroom 3	2.74m × 3.05m
Basement	Bedroom	5.18m × 5.92m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Century 21 New Concept Simple Realty

Source: TRREB/PROPTX · MLS® N12953024

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$1.40M

Unit TH7 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,398,000✓ $7,223 tax✓ Gas✓ 2000-2249 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$10,409/mo

incl. closing costs (yr 1)

Annual total

$124,907

year 1

Mortgage only

$5,304/mo

principal + interest

Beyond mortgage

$2,611/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$279,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$602/mo

Utilities

Hydro / electricity$82/mo

≈ $0.07/ft² × ~2,125 ft² · ON avg ~$82/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$13,980/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$34/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$24,435

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $63,643/yr

Property taxes25% $31,658/yr

Utilities3% $4,042/yr

Insurance & security1% $1,600/yr

Maintenance11% $13,980/yr

Condo fees4% $4,885/yr

Closing costs4% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$63,643	$5,304/mo
Government & taxes
Property tax	$7,223	$602/mo
Land transfer tax(closing)	$24,435	$2,036/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$982	$82/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$13,980	$1,165/mo
Condo fees
Condo / HOA fees	$4,885	$407/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$124,907	$10,409/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit TH7

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs