$639,000 - 5 Steckley House Lane Unit 714, Richmond Hill
Condo for Sale in Richmond Hill
38 days on market- MLS Number
- N13092384
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY INVESTMENTS GROUP
Welcome To This Exceptional 2 Bed, 3 Bath Stacked Condo Townhome Located In One Of Richmond Hill's Most Prestigious And Highly Sought-After Communities At Bayview Ave & Elgin Mills Rd. This Sun-Filled, Premium Unit Offers One Of The Best Locations And Unobstructed Ravine Views In The Entire Development, Overlooking Serene Trees And Open Green Space. Enjoy Seamless Indoor-Outdoor Living With 2 Balconies And A Massive 336 Sq Ft Terrace - Perfect For Entertaining Or Relaxing In Your Private Outdoor Retreat. Step Inside To An Elegant Interior Featuring 10-Ft Ceilings On The Main Level And 9-Ft Ceilings Above, Complemented By Premium Laminate Flooring Throughout. The Open-Concept Layout Is Centred Around A Stunning Upgraded Oversized Waterfall Island, Flowing Effortlessly Into The Living And Dining Areas - Ideal For Both Everyday Living And Hosting. Full-Size Windows Throughout, Custom Feature Walls & Draperies. Comes With 1 Parking Spot Conveniently Located Right Under The Unit & Locker. Steps To Elevator & Convenient Access To Garbage Area. Maintenance Covers High-Speed Internet, Parking, Locker, Snow Removal & Landscaping. AAA Location Close To Hwy 404, GO Station, Richmond Green, Costco, Shops, Restaurants, Top Schools, Parks & Trails.Perfect For Professionals Or First-Time Buyers Seeking Style, Comfort & Convenience!
Estimate your monthly payments for this property
Estimated Payment
$3,278.40/mo
Includes CMHC insurance ($17,828)
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.
5 Steckley House Lane Unit 714, Richmond Hill
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $533/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 38 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.
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 $2,663 (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.