326 Major Mackenzie Drive Unit 805, Richmond Hill

Price: $449,999

3 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: N13052816

Welcome To This Bright, Spacious, And Meticulously Maintained 2+1 Bedroom, 1-Bathroom Condo, Ideally Situated In A Quiet, Well-Managed Building In The Heart Of Richmond Hill. Designed For Comfort And Functionality, This Thoughtfully Laid-Out Suite Features A Modern Kitchen With Stainless Steel Appliances, An Open-Concept Living And Dining Area Perfect For Entertaining, Generous Storage, And Large, Versatile Bedrooms Ideal For Professionals, Couples, Or Growing Families. The +1 Space Offers Flexibility For A Home Office, Guest Room, Or Creative Studio.Step Beyond Your Front Door And Enjoy An Exceptional Lineup Of Amenities: Indoor Pool, Sauna, Hot Tub, Tennis Courts, Fully Equipped Fitness Centre, Rooftop Deck With Scenic Views, Party Room, Guest Suites, And Ample Visitor Parking. Whether You're Staying Active, Hosting Friends, Or Simply Relaxing After A Long Day, Everything You Need Is Right Here.Unbeatable Location. Just Steps To The Richmond Hill GO Station For An Easy Commute, With Yonge Street, Highway 404, Shops, Restaurants, Parks, And Everyday Essentials Only Minutes Away.This Is More Than A Condo - It's A Lifestyle Defined By Convenience, Comfort, And Community.Additional Parking Spots Are Available For Rent From The Corporation At $100/Month. Pets Are Permitted With A Valid Medical Note.

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$449,999 - 326 Major Mackenzie Drive Unit 805, Richmond Hill

Condo for Sale in Richmond Hill

49 days on market
3Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
N13052816
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
3
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Richmond Hill
Locker
Ensuite
Exposure
West
Balcony
None
Listing Brokerage
ROYAL LEPAGE WEST REALTY GROUP LTD.
Description

Welcome To This Bright, Spacious, And Meticulously Maintained 2+1 Bedroom, 1-Bathroom Condo, Ideally Situated In A Quiet, Well-Managed Building In The Heart Of Richmond Hill. Designed For Comfort And Functionality, This Thoughtfully Laid-Out Suite Features A Modern Kitchen With Stainless Steel Appliances, An Open-Concept Living And Dining Area Perfect For Entertaining, Generous Storage, And Large, Versatile Bedrooms Ideal For Professionals, Couples, Or Growing Families. The +1 Space Offers Flexibility For A Home Office, Guest Room, Or Creative Studio.Step Beyond Your Front Door And Enjoy An Exceptional Lineup Of Amenities: Indoor Pool, Sauna, Hot Tub, Tennis Courts, Fully Equipped Fitness Centre, Rooftop Deck With Scenic Views, Party Room, Guest Suites, And Ample Visitor Parking. Whether You're Staying Active, Hosting Friends, Or Simply Relaxing After A Long Day, Everything You Need Is Right Here.Unbeatable Location. Just Steps To The Richmond Hill GO Station For An Easy Commute, With Yonge Street, Highway 404, Shops, Restaurants, Parks, And Everyday Essentials Only Minutes Away.This Is More Than A Condo - It's A Lifestyle Defined By Convenience, Comfort, And Community.Additional Parking Spots Are Available For Rent From The Corporation At $100/Month. Pets Are Permitted With A Valid Medical Note.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.73/mo

Includes CMHC insurance ($12,555)

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5-yr fixed avg.

Principal: $404,999Interest: $275,064
Mortgage Amount$417,554
Total Interest$275,064
Est. Property Tax$319/mo
Total Cost$692,618

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

326 Major Mackenzie Drive Unit 805, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,682

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 $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 49 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.

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.

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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    MLS# N13052816 — 326 Major Mackenzie Drive Unit 805 | Battaglia Team