310 Red Maple Road Unit 602, Richmond Hill

Price: $428,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13023568

Welcome to The Vineyards III Condo by Empire Communities - a beautifully renovated 1+Den unit in a prime Richmond Hill location! This bright and modern suite was fully upgraded in 2023, featuring a stylish kitchen with stainless steel appliances, new laminate flooring throughout, and updated tile flooring. The bathroom has been tastefully renovated with a clean, contemporary design.The den comes with a door, making it a great option for a home office or small bedroom. It also includes a built-in closet that can be kept or removed to suit your needs. Enjoy a sunny south-facing exposure with plenty of natural light, and step out onto your private balcony overlooking a quiet residential area with a guaranteed unobstructed view. Includes 1 parking space and 1 locker. Perfect for first-time buyers, couples, or young families. Building amenities include an indoor pool, gym, party room, billiards room, rooftop patio, tennis court, guest suites, 24 hr security and tons of visitor parking. Close to Hillcrest Mall, Viva transit, hwy 7, 407, Langstaff Go station, Langstaff community centre, various plazas and more. St. Robert catholic school catchment area.

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$428,000 - 310 Red Maple Road Unit 602, Richmond Hill

Condo for Sale in Richmond Hill

58 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13023568
Property Type
Condo
Status
active
Days on Site
58
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RETREND REALTY LTD
Description

Welcome to The Vineyards III Condo by Empire Communities - a beautifully renovated 1+Den unit in a prime Richmond Hill location! This bright and modern suite was fully upgraded in 2023, featuring a stylish kitchen with stainless steel appliances, new laminate flooring throughout, and updated tile flooring. The bathroom has been tastefully renovated with a clean, contemporary design.The den comes with a door, making it a great option for a home office or small bedroom. It also includes a built-in closet that can be kept or removed to suit your needs. Enjoy a sunny south-facing exposure with plenty of natural light, and step out onto your private balcony overlooking a quiet residential area with a guaranteed unobstructed view. Includes 1 parking space and 1 locker. Perfect for first-time buyers, couples, or young families. Building amenities include an indoor pool, gym, party room, billiards room, rooftop patio, tennis court, guest suites, 24 hr security and tons of visitor parking. Close to Hillcrest Mall, Viva transit, hwy 7, 407, Langstaff Go station, Langstaff community centre, various plazas and more. St. Robert catholic school catchment area.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,195.86/mo

Includes CMHC insurance ($11,941)

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5-yr fixed avg.

Principal: $385,200Interest: $261,617
Mortgage Amount$397,141
Total Interest$261,617
Est. Property Tax$303/mo
Total Cost$658,759

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

310 Red Maple Road Unit 602, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$303
Insurance (est.)-$89
Net Cash Flow+$1,418

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 $713/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 58 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 600 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.

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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    310 Red Maple Road Unit 602, Richmond Hill | $428,000 | Battaglia Team