75 King William Crescent Unit Ph01, Richmond Hill

Price: $498,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: New Construction

MLS#: N13012106

$$$+++ Spent In Upgrades! Luxury Penthouse Residence in the Heart of Richmond Hill with a rare offering combining elegance, comfort, and breathtaking unobstructed views. Located in one of Richmond Hill's most desirable communities, this sun-filled penthouse features an open-concept layout, featuring soaring 9' ceilings, and floor-to-ceiling windows that fill the home with natural light. Brand New Vinyl Floor and Fresh Painting , Bathroom vanity with led mirror. The spacious living and dining areas create a perfect setting for entertaining, while the modern kitchen with Brand New Fridge and Dishwasher, and a functional design for everyday living. Step outside onto the expansive private terrace and enjoy panoramic city views-an ideal space for morning coffee, evening relaxation, or hosting friends and family.Residents of the building enjoy top-tier amenities, including a fitness center, party room, 24-hour concierge, and visitor parking. Conveniently located near parks, shopping centers, public transit, top-rated schools, and major highways, this penthouse offers unmatched convenience and lifestyle.Perfect for professionals, families, or anyone seeking an elevated living experience in a prime location.

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$498,000 - 75 King William Crescent Unit Ph01, Richmond Hill

New Construction for Sale in Richmond Hill

57 days on market
1Beds
1Baths
600Sq Ft
New Construction
Property Details
MLS Number
N13012106
Property Type
New Construction
Status
active
Days on Site
57
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
BAY STREET INTEGRITY REALTY INC.
Description

$$$+++ Spent In Upgrades! Luxury Penthouse Residence in the Heart of Richmond Hill with a rare offering combining elegance, comfort, and breathtaking unobstructed views. Located in one of Richmond Hill's most desirable communities, this sun-filled penthouse features an open-concept layout, featuring soaring 9' ceilings, and floor-to-ceiling windows that fill the home with natural light. Brand New Vinyl Floor and Fresh Painting , Bathroom vanity with led mirror. The spacious living and dining areas create a perfect setting for entertaining, while the modern kitchen with Brand New Fridge and Dishwasher, and a functional design for everyday living. Step outside onto the expansive private terrace and enjoy panoramic city views-an ideal space for morning coffee, evening relaxation, or hosting friends and family.Residents of the building enjoy top-tier amenities, including a fitness center, party room, 24-hour concierge, and visitor parking. Conveniently located near parks, shopping centers, public transit, top-rated schools, and major highways, this penthouse offers unmatched convenience and lifestyle.Perfect for professionals, families, or anyone seeking an elevated living experience in a prime location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,555.00/mo

Includes CMHC insurance ($13,894)

$
$
5%10%50%

5-yr fixed avg.

Principal: $448,200Interest: $304,405
Mortgage Amount$462,094
Total Interest$304,405
Est. Property Tax$353/mo
Total Cost$766,499

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.

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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

75 King William Crescent Unit Ph01, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,543

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

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $830/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 57 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.

Efficient Living

At 600 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.

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.

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    MLS# N13012106 — 75 King William Crescent Unit P… | Battaglia Team