11 Plaisance Road Unit 37, Richmond Hill

Price: $679,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13449726

Whether you're a first-time buyer looking to update over time; a landlord seeking a well-priced rental opportunity; or a renovator/flipper, there is so much upside to this wonderful 3-bedroom home. The main floor offers the traditional living room/dining room L-shape and a spacious kitchen. Updated main floor powder room. Upstairs, 3 large bedrooms with tons of closet space; and a partially updated 4-piece bath. Superbly maintained parquet floor throughout main and second. The basement provides a finished space ideal for rec room. A very large unfinished area adjoins with laundry and furnace area combined. Some updates include powder room, main bath, and some electrical. This move-in ready home offers such incredible potential. Loved and cherished by the same owner since 1985, this wonderful end-unit townhome is in search of a next owner. Why not you? Maintenance fees include road snow plow, grass cutting, water, basic cable service. As per Property Management, windows, doors, garage doors and shingles are included when done on the Management company's normal cycle. All Buyers and their Realtor, however, should independently verify the full details of the Maintenance Fee Inclusions when reviewing the Condo Documents. Superbly located steps from Yonge and 16th/Carrville; Hillcrest Mall; and the Yonge Street transit corridor. Minutes to the 404 and 407. Just around the corner from Richvale Athletic Park and Richvale Community Centre and Pool. Multiple options for Elementary Schools and High Schools, including French Immersion, Arts Programs and IB options. Welcome Home!!! **Please note some interior photos have been virtually staged**

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active
New Listing
1/27

$679,900 - 11 Plaisance Road Unit 37, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed yesterday
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13449726
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Description

Whether you're a first-time buyer looking to update over time; a landlord seeking a well-priced rental opportunity; or a renovator/flipper, there is so much upside to this wonderful 3-bedroom home. The main floor offers the traditional living room/dining room L-shape and a spacious kitchen. Updated main floor powder room. Upstairs, 3 large bedrooms with tons of closet space; and a partially updated 4-piece bath. Superbly maintained parquet floor throughout main and second. The basement provides a finished space ideal for rec room. A very large unfinished area adjoins with laundry and furnace area combined. Some updates include powder room, main bath, and some electrical. This move-in ready home offers such incredible potential. Loved and cherished by the same owner since 1985, this wonderful end-unit townhome is in search of a next owner. Why not you? Maintenance fees include road snow plow, grass cutting, water, basic cable service. As per Property Management, windows, doors, garage doors and shingles are included when done on the Management company's normal cycle. All Buyers and their Realtor, however, should independently verify the full details of the Maintenance Fee Inclusions when reviewing the Condo Documents. Superbly located steps from Yonge and 16th/Carrville; Hillcrest Mall; and the Yonge Street transit corridor. Minutes to the 404 and 407. Just around the corner from Richvale Athletic Park and Richvale Community Centre and Pool. Multiple options for Elementary Schools and High Schools, including French Immersion, Arts Programs and IB options. Welcome Home!!! **Please note some interior photos have been virtually staged**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.24/mo

Includes CMHC insurance ($18,969)

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5-yr fixed avg.

Principal: $611,910Interest: $415,593
Mortgage Amount$630,879
Total Interest$415,593
Est. Property Tax$482/mo
Total Cost$1,046,472

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

11 Plaisance Road Unit 37, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$1,516

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 $567/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    11 Plaisance Road Unit 37, Richmond Hill | $679,900 | Battaglia Team