10 Steckley House Lane Unit 113, Richmond Hill

Price: $625,999

2 bedrooms, 3 bathrooms

900 sqft

Property Type: Condo

MLS#: N12937116

Located At Bayview & Elgin Mills. Paid Premium Upgrade For The Beautiful & Clear View. Two Story Condo-Stacked Townhouse By Sequoia Grove Homes. This Unit was Built in 2024! It has Two Levels with Two Bedrooms, Two Full Bathrooms and a Powder Room! Built In Integrated Appliances, Quartz Countertops, Backsplash, Luxury Laminate Flooring throughout. 989 Sq.ft With Outdoor Terraces. 1 Underground Parking Spot And 1 Bicycle Locker Included. An Exclusive Collection Of Boutique Townhomes And Condominiums In A "Prime Location". Richmond Hill Is A Desirable Suburb Where Restaurants, Shopping, Transit, Steps to public transit. Mins Away From Richmond Green Park, Costco, & Hwy 404, Hwy 407

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$625,999 - 10 Steckley House Lane Unit 113, Richmond Hill

Condo for Sale in Richmond Hill

75 days on market
2Beds
3Baths
900Sq Ft
Condo
Property Details
MLS Number
N12937116
Property Type
Condo
Status
active
Days on Site
75
Bedrooms
2
Bathrooms
3
Square Feet
900 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
BENCHMARK SIGNATURE REALTY INC.
Description

Located At Bayview & Elgin Mills. Paid Premium Upgrade For The Beautiful & Clear View. Two Story Condo-Stacked Townhouse By Sequoia Grove Homes. This Unit was Built in 2024! It has Two Levels with Two Bedrooms, Two Full Bathrooms and a Powder Room! Built In Integrated Appliances, Quartz Countertops, Backsplash, Luxury Laminate Flooring throughout. 989 Sq.ft With Outdoor Terraces. 1 Underground Parking Spot And 1 Bicycle Locker Included. An Exclusive Collection Of Boutique Townhomes And Condominiums In A "Prime Location". Richmond Hill Is A Desirable Suburb Where Restaurants, Shopping, Transit, Steps to public transit. Mins Away From Richmond Green Park, Costco, & Hwy 404, Hwy 407

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,211.70/mo

Includes CMHC insurance ($17,465)

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5-yr fixed avg.

Principal: $563,399Interest: $382,645
Mortgage Amount$580,864
Total Interest$382,645
Est. Property Tax$443/mo
Total Cost$963,510

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Richmond Hill

Discover Richmond Hill

Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Richmond Hill

  • Convenient location in Richmond Hill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 Steckley House Lane Unit 113, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$1,122

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $696/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 75 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,608 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    10 Steckley House Lane Unit 113… — $625,999 | Battaglia Team