56 Elizabeth Street Unit 1103, Richmond Hill

Price: $2,700

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12716712

Brand new 1275 sqft condo townhouse at Yonge and Major Mackenzie in first Level on a Quiet Cul-De-Sac Conveniently Located in the Heart of Historic Downtown Richmond Hill. Modern Open Concept Kitchen with Quartz Countertop, Upgraded Cabinets and Stainless Steel Appliances., vacant and available for immediate occupancy. Builders floorplan included in photos. This stunning 2 Bed, 2 full Bath, 1 garage parking, townhouse offers luxury living in the most sought out region of Richmond Hill. Walking distance from many public/private schools, Mackenzie Health Hospital, parks, shops, and more! Very safe and historic area with the neighbourhood being near York Regional Police station GO, York Transit, Hwy 404 and Hwy 400. The Richmond Hill Hospital is Just Walking Distance to the Property. Blinds and curtains newly installed. Very accessible unit tucked away for privacy and no stairs inside the unit! Vacant and available for immediate occupancy. Tenant pays all utilities on top of rent. Arrange to see this unit today!

56 Elizabeth Street Unit 1103 - Condo photo 1 of 10 in Richmond Hill, Ontario
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$2,700/mo - 56 Elizabeth Street Unit 1103, Richmond Hill

Condo for Rent in Richmond Hill

140 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12716712
Property Type
Condo
Status
active
Days on Site
140
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
East
Balcony
Enclosed
Listing Brokerage
RARE REAL ESTATE
Description

Brand new 1275 sqft condo townhouse at Yonge and Major Mackenzie in first Level on a Quiet Cul-De-Sac Conveniently Located in the Heart of Historic Downtown Richmond Hill. Modern Open Concept Kitchen with Quartz Countertop, Upgraded Cabinets and Stainless Steel Appliances., vacant and available for immediate occupancy. Builders floorplan included in photos. This stunning 2 Bed, 2 full Bath, 1 garage parking, townhouse offers luxury living in the most sought out region of Richmond Hill. Walking distance from many public/private schools, Mackenzie Health Hospital, parks, shops, and more! Very safe and historic area with the neighbourhood being near York Regional Police station GO, York Transit, Hwy 404 and Hwy 400. The Richmond Hill Hospital is Just Walking Distance to the Property. Blinds and curtains newly installed. Very accessible unit tucked away for privacy and no stairs inside the unit! Vacant and available for immediate occupancy. Tenant pays all utilities on top of rent. Arrange to see this unit today!

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

56 Elizabeth Street Unit 1103, Richmond Hill

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$2,700/mo
≈ At typical 2-bed market rent
Annual Rent Cost
$32,400
12 × monthly rent

Estimated Monthly Budget

Asking Rent$2,700/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$2,830/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fairly Priced Rental

At $2,700/mo, this is in line with typical 2-bedroom rents in Richmond Hill (~$2,900/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.

Negotiation Opportunity

At 140 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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

Let's Walk Through It Together

Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.

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    56 Elizabeth Street Unit 1103, Richmond Hill | $2,700 | Battaglia Team