$800,000 - 12 David Eyer Road Unit 1103, Richmond Hill
Condo for Sale in Richmond Hill
65 days on market- MLS Number
- N12995600
- Property Type
- Condo
- Status
- active
- Days on Site
- 65
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Experience Refined Urban Living In This Striking Corner Stacked Townhome Offering 1,664 Sq Ft Of Beautifully Designed Interior Space In One Of Richmond Hill's Most Sought-After Locations. Thoughtfully Crafted With A Bright Open-Concept Layout, This Residence Showcases Soaring 10 Ft Ceilings On The Main Level And 9 Ft Ceilings Above, Creating An Airy And Elevated Atmosphere Throughout. The Contemporary Kitchen Is Appointed With Sleek Quartz Surfaces, Integrated Appliances And Under-cabinet LED Lighting. Seamlessly Flowing Into Generous Living And Dining Areas Ideal For Everyday Living And Entertaining. The Primary Retreat Features A Spa-Inspired Ensuite, Expansive Windows, And Direct Access To A Private Outdoor Space. With Multiple Outdoor Areas Including Two Balconies And An Impressive Rooftop Terrace, This Home Offers A Rare Blend Of Indoor Comfort And Outdoor Enjoyment. Perfectly Positioned Near Major Amenities, Top Schools, Parks, Shopping Destinations, And Key Transit Routes, This Is A Sophisticated Opportunity For Buyers Seeking Style, Functionality, And Location In A Rapidly Growing Community. Some photos are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$4,104.41/mo
Includes CMHC insurance ($22,320)
5-yr fixed avg.
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.
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
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.
12 David Eyer Road Unit 1103, Richmond Hill
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $500/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 65 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.
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.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.