Loading neighbourhood intel…

$800K · 2+1 bed Condo Apartment · Doncrest, Richmond Hill | MyPropertyScout

$799,999

Unit PH02

22 DOM

2+1222d

DOM 22

$799,999

DOM22days

Unit PH02

Valleymede Towers · 396 highway 7 Road · Richmond Hill · Ontario L4B 0G7

MLS® N13416178 · Doncrest · L4B 0G7

2+12Vacant900-999 ft²Condo Apartment2-car Underground22d$843/ft²$3,250 tax/yr

22 days on market

About this home

Welcome to Luxury "Valleymede Towers" Penthouse 2Br+ Den Corner Suite In Heart Of Richmond Hill. By Prestigious Builder "Times Group"! Keyless Smart Security & Unit Entry Systems, Ev Charging Stations On Visitor Parking. Penthouse Level W/ Unobstructed View, Unique 10' Ceiling, Luxury Finishes, Crown Moulding, Quartz C/T's, S/S Appliances 2 Side-By-Side P1 Parking Spots & 1Locker Included. New flooring and paint job Close To Go Station, Yrt, Hwy 404/407, Shopping Ctr, Etc. Close to Many Restaura…

Reserved · coming next

MyPropertyScout exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

This property doesn’t fit our automated model — unusual layout, wrong area match, or incomplete listing data. A Realtor can price it properly. Connect with a Realtor →

Property details

MLS#: N13416178
Status: Buy Now
Beds: 2+1
Baths: 2 full, 0 half
Size: 900-999
Style: Apartment
Type: Condo Apartment
Year built: —

Building name: Valleymede Towers
Condo corp #: 1424
Balcony: Open
Locker: Owned
Association amenities: Concierge, Gym, Game Room, Party Room/Meeting Room, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included, CAC Included, Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Valleymede and highway 7
Basement: None
Stories: 10
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Flat	Living Room	3.11m × 6.52m
Flat	Dining Room	3.11m × 6.52m
Flat	Kitchen	3.11m × 6.52m
Flat	Den	2.62m × 2.44m
Flat	Primary Bedroom	3.29m × 3.08m
Flat	Bedroom	3.23m × 3.05m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: BAY STREET GROUP INC.

Source: TRREB/PROPTX · MLS® N13416178

Do you own a home in Richmond Hill?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$800K

Unit PH02 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $799,999✓ $3,250 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,867/mo

incl. closing costs (yr 1)

Annual total

$82,410

year 1

Mortgage only

$3,035/mo

principal + interest

Beyond mortgage

$2,335/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$160,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$271/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 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%$8,000/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)$81/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$12,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $36,419/yr

Property taxes19% $15,725/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $8,000/yr

Condo fees14% $11,606/yr

Closing costs6% $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)	$36,419	$3,035/mo
Government & taxes
Property tax	$3,250	$271/mo
Land transfer tax(closing)	$12,475	$1,040/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%)	$8,000	$667/mo
Condo fees
Condo / HOA fees	$11,606	$967/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	$82,410	$6,867/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.

Unlock Insider Deals

Sign in

Unit PH02

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs