$549K · 1+1 bed Condo Apartment · Doncrest, Richmond Hill

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About this home

Welcome To This Luxurious 1+1 Bedroom Unit That Offers 700 Sq Ft Of Open-Concept Living Space, Thoughtfully Designed For Both Comfort And Functionality. Featuring Two Washrooms (An Exceptional Find For This Layout), Brand New Floorings, Fully Upgraded Kitchen With New Cabinetry, And All New Appliances. The Spacious Den Is Ideal For A Home Office Or Guest Space. Conveniently Located In The Heart Of Richmond Hill, With Easy Access To Viva Bus Stop And Public Transit, Walking Distance To Restaurant…

Property details

MLS#

N13096088

Status

Conditionally Sold

Beds

1+1

Baths

2 full, 0 half

Size

700-799

Style

Apartment

Type

Condo Apartment

Year built

—

Condo corp #: 1254
Balcony: Open
Locker: None
Fees include: Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Hwy 7/Bayview
Basement: None
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: Underground

Level	Room	Dimensions
Flat	Kitchen	3.03m × 6.54m
Flat	Living Room	3.03m × 6.54m
Flat	Dining Room	3.03m × 6.54m
Flat	Bedroom	3.03m × 3.95m
Flat	Den	2.27m × 2.6m

Level

Room

Dimensions

Flat

Kitchen

3.03m × 6.54m

Flat

Living Room

3.03m × 6.54m

Flat

Dining Room

3.03m × 6.54m

Flat

Bedroom

3.03m × 3.95m

Flat

Den

2.27m × 2.6m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $549,000✓ $2,274 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,749/mo

incl. closing costs (yr 1)

Annual total

$56,994

year 1

Mortgage only

$2,083/mo

principal + interest

Beyond mortgage

$1,587/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$109,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$190/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/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%$5,490/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)$43/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $24,993/yr

Property taxes17% $9,729/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,490/yr

Condo fees11% $6,121/yr

Closing costs9% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,993	$2,083/mo
Government & taxes
Property tax	$2,274	$190/mo
Land transfer tax(closing)	$7,455	$621/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,490	$458/mo
Condo fees
Condo / HOA fees	$6,121	$510/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	$56,994	$4,749/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 606 372 Highway 7 E

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Annual costs