15 David Eyer Road Unit 1406, Richmond Hill

Price: $748,888

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12946112

Welcome to Elgin East-where modern design meets everyday convenience in the heart of prestigious Richmond Hill! This stunning 2-bedroom, 2.5-bathroom condo townhouse offers 1,268 sqft of bright, open-concept living with soaring 10-foot ceilings and an abundance of natural sunlight throughout. Designed for both comfort and entertaining, this contemporary home features a spacious rooftop terrace, two balconies, and elegant wood flooring. The modern kitchen is a chef's dream, complete with a center island, quartz countertops, and built-in appliances. Enjoy the added perks of one underground parking space, a storage locker, and high-speed internet included in the maintenance. Perfectly located at Bayview & Elgin Mills, you're just minutes from top-ranking Richmond Green Secondary School, parks, a community center, Costco, Home Depot, TD Bank, and quick access to Hwy 404.Experience stylish urban living with all the space and convenience you need-your next home awaits at Elgin East!

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$748,888 - 15 David Eyer Road Unit 1406, Richmond Hill

Condo for Sale in Richmond Hill

73 days on market
2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12946112
Property Type
Condo
Status
active
Days on Site
73
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to Elgin East-where modern design meets everyday convenience in the heart of prestigious Richmond Hill! This stunning 2-bedroom, 2.5-bathroom condo townhouse offers 1,268 sqft of bright, open-concept living with soaring 10-foot ceilings and an abundance of natural sunlight throughout. Designed for both comfort and entertaining, this contemporary home features a spacious rooftop terrace, two balconies, and elegant wood flooring. The modern kitchen is a chef's dream, complete with a center island, quartz countertops, and built-in appliances. Enjoy the added perks of one underground parking space, a storage locker, and high-speed internet included in the maintenance. Perfectly located at Bayview & Elgin Mills, you're just minutes from top-ranking Richmond Green Secondary School, parks, a community center, Costco, Home Depot, TD Bank, and quick access to Hwy 404.Experience stylish urban living with all the space and convenience you need-your next home awaits at Elgin East!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.18/mo

Includes CMHC insurance ($20,894)

$
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5%10%50%

5-yr fixed avg.

Principal: $673,999Interest: $457,762
Mortgage Amount$694,893
Total Interest$457,762
Est. Property Tax$530/mo
Total Cost$1,152,655

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

15 David Eyer Road Unit 1406, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$530
Insurance (est.)-$156
Net Cash Flow+$1,054

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 $624/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 73 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.

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 $3,120 (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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    15 David Eyer Road Unit 1406, R… — $748,888 | Battaglia Team