$638,000 - 51 Jefferson Side Road Unit 120, Richmond Hill
Condo for Sale in Richmond Hill
83 days on market- MLS Number
- N12930752
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Richmond Hill
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
A Rare Opportunity To Own A Brand New Stacked Townhouse With A Private Entrance, Underground Parking Access & Exceptional Location in Richmond Hill! Step into a bright, thoughtfully designed interior featuring approx. 1,035 sqft (as per Builder) of living space, complemented by a sliding door walk-out to a generous 141 sqft (as per Builder) front patio, perfect for outdoor entertaining. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting atmosphere. Large above-grade windows throughout allow for an abundance of natural light. The contemporary kitchen is beautifully finished with quartz countertops, a stylish tiled backsplash, under-cabinet lighting, a pantry, and a full suite of appliances including a built-in microwave and dishwasher. Designed for both comfort and practicality, the space flows effortlessly for daily living and hosting. The primary suite offers a large walk-in closet and a private 3 piece ensuite. The spacious second bedroom provides versatility for guests, a home office, or additional living space. Conveniently designed with a second 4 piece bathroom and in-suite laundry. Enjoy outdoor functionality with a front patio featuring a gas line for BBQ, electrical outlet, and water access. Direct interior access to underground parking. This unit is also ideally positioned across from the garage entrance for unmatched day-to-day convenience. Situated in a highly desirable location just steps to Yonge Street, residents benefit from easy access to Bond Lake, grocery, gym, transit, shopping, dining, and everyday amenities. A clean, modern space with practical features and thoughtful design, ideal for those seeking comfortable, low-maintenance living in a vibrant, connected community!
Estimate your monthly payments for this property
Estimated Payment
$3,273.27/mo
Includes CMHC insurance ($17,800)
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.
51 Jefferson Side Road Unit 120, Richmond Hill
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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 $638/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 83 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.
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 $2,658 (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.