









$2,700/mo - 56 Elizabeth Street Unit 1103, Richmond Hill
Condo for Rent in Richmond Hill
140 days on market- 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
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!
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.
56 Elizabeth Street Unit 1103, Richmond Hill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
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'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.