75 Norman Bethune Avenue Unit 101, Richmond Hill

Price: $623,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N12836778

What a great opportunity to live in this amazing Urban Centre in The City of Richmond Hill. Unbeatable Location. No more sitting in traffic, hop on the 404 or 407 in minutes and get around town! Competitively Priced Condo! Inviting ground floor garden suite combines a modern design with everyday convenience. Offering 934SF of bright, well-planned space. This contemporary split bedroom layout places bedrooms at the opposite sides of the home. Modern Kitchen boasts centre island with generous storage space and pull-outs, quality appliances, stone counter surfaces, all make cooking and entertaining effortless. The Primary bedroom suite delivers a peaceful retreat, large walk in glass enclosed shower and walk in closet, while the secondary bedroom is perfectly suited for guests and family with a view overlooking the terrace. The Den is versatile, making an ideal home office, reading nook or playroom. Expand your living space to the outdoors. Whether enjoying your morning coffee, hosting friends or tending to your container plants, this private outdoor terrace adds a rare and highly desirable dimension to Condo living. Direct ground access also means no elevator waiting, easy unloading, and a natural connection to the building's green spaces. Residents enjoy a friendly community-oriented building with amenities such as a gym, change room, indoor pool, hot tub, and sauna. 75 Norman Bethune Ave enjoys a mixed demographic and age range of residents. Also, this Condo is pet friendly (with restrictions). There are security cameras and a 24 hr concierge / security service. Located in a vibrant Neighborhood, Near City of Richmond Hill Offices, Beaver Creek Business Park with proximity to Parks, Top Schools, Cafes and Great Restaurants to explore, Hotels, transit at hand, everyday essentials, this suite offers a modern, connected lifestyle with the added comfort of outdoor living space. This home is a Must SEE!

75 Norman Bethune Avenue Unit 101 - Condo photo 1 of 24 in Richmond Hill, Ontario
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$623,000 - 75 Norman Bethune Avenue Unit 101, Richmond Hill

Condo for Sale in Richmond Hill

108 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N12836778
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Richmond Hill
Locker
Exclusive
Exposure
North West
Balcony
Terrace
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

What a great opportunity to live in this amazing Urban Centre in The City of Richmond Hill. Unbeatable Location. No more sitting in traffic, hop on the 404 or 407 in minutes and get around town! Competitively Priced Condo! Inviting ground floor garden suite combines a modern design with everyday convenience. Offering 934SF of bright, well-planned space. This contemporary split bedroom layout places bedrooms at the opposite sides of the home. Modern Kitchen boasts centre island with generous storage space and pull-outs, quality appliances, stone counter surfaces, all make cooking and entertaining effortless. The Primary bedroom suite delivers a peaceful retreat, large walk in glass enclosed shower and walk in closet, while the secondary bedroom is perfectly suited for guests and family with a view overlooking the terrace. The Den is versatile, making an ideal home office, reading nook or playroom. Expand your living space to the outdoors. Whether enjoying your morning coffee, hosting friends or tending to your container plants, this private outdoor terrace adds a rare and highly desirable dimension to Condo living. Direct ground access also means no elevator waiting, easy unloading, and a natural connection to the building's green spaces. Residents enjoy a friendly community-oriented building with amenities such as a gym, change room, indoor pool, hot tub, and sauna. 75 Norman Bethune Ave enjoys a mixed demographic and age range of residents. Also, this Condo is pet friendly (with restrictions). There are security cameras and a 24 hr concierge / security service. Located in a vibrant Neighborhood, Near City of Richmond Hill Offices, Beaver Creek Business Park with proximity to Parks, Top Schools, Cafes and Great Restaurants to explore, Hotels, transit at hand, everyday essentials, this suite offers a modern, connected lifestyle with the added comfort of outdoor living space. This home is a Must SEE!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,196.31/mo

Includes CMHC insurance ($17,382)

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5-yr fixed avg.

Principal: $560,700Interest: $380,812
Mortgage Amount$578,082
Total Interest$380,812
Est. Property Tax$441/mo
Total Cost$958,894

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 Norman Bethune Avenue Unit 101, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$441
Insurance (est.)-$130
Net Cash Flow+$1,524

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

Competitive Pricing

At $692/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 108 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.

Efficient Living

At 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,596 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    75 Norman Bethune Avenue Unit 101 | $623,000 | Battaglia Team