$599,000 - 370 Red Maple Road Unit 106, Richmond Hill
New Construction for Sale in Richmond Hill
37 days on market- MLS Number
- N13096236
- Property Type
- New Construction
- Status
- active
- Days on Site
- 37
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Richmond Hill
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- T-ONE GROUP REALTY INC.,
Bright & Functional 2-Bedroom Stacked Townhome In The Heart Of Richmond Hill's Most Sought-After Langstaff Community. Featuring An Open-Concept Living & Dining Area With Large Windows And Abundant Natural Light, Upgraded Kitchen With Breakfast Bar, Stainless Steel Appliances, And Ensuite Laundry For Added Convenience. Both Bedrooms Offer Generous Closet Space And Large Windows. Rare Ground-Floor Covered Tunnel Parking Steps From Your Unit - No Elevator, No Ramp, No Hassle. Steps To Yonge St, Hillcrest Mall, Multiple Grocery Stores, Restaurants, Community Centre, Arenas, Library, Red Maple Park, Langstaff GO Station, Viva Transit Hub, And The Proposed Yonge Line Subway Extension. Minutes To Highways 404 & 407. Low Maintenance Fees. Pets Allowed With Restrictions. Ideal For First-Time Buyers, Young Professionals, And Savvy Investors Alike.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
370 Red Maple Road Unit 106, Richmond Hill
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Rental income estimator & ROI calculator
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 $749/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.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Efficient Living
At 800 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.
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 $2,496 (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.