75 Norman Bethune Avenue Unit 714, Richmond Hill

Price: $450,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13139616

This well-maintained, south-facing condominium is located in the heart of Richmond Hill, just minutes to highways 404, 407 & Highway 7 for easy commuting. The unit features a bright, open-concept layout with updated flooring and fresh paint completed in 2025, offering a functional living space suitable for both relaxation and entertaining. Ideally situated near local amenities, residents enjoy quick access to shopping, dining and community services. The building provides premium amenities including a 24-hour concierge, indoor pool and fitness centre. The property is move-in ready and includes one parking space and one locker.

75 Norman Bethune Avenue Unit 714 - Condo photo 1 of 19 in Richmond Hill, Ontario
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$450,000 - 75 Norman Bethune Avenue Unit 714, Richmond Hill

Condo for Sale in Richmond Hill

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13139616
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South
Balcony
None
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

This well-maintained, south-facing condominium is located in the heart of Richmond Hill, just minutes to highways 404, 407 & Highway 7 for easy commuting. The unit features a bright, open-concept layout with updated flooring and fresh paint completed in 2025, offering a functional living space suitable for both relaxation and entertaining. Ideally situated near local amenities, residents enjoy quick access to shopping, dining and community services. The building provides premium amenities including a 24-hour concierge, indoor pool and fitness centre. The property is move-in ready and includes one parking space and one locker.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.73/mo

Includes CMHC insurance ($12,555)

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5-yr fixed avg.

Principal: $405,000Interest: $275,065
Mortgage Amount$417,555
Total Interest$275,065
Est. Property Tax$319/mo
Total Cost$692,620

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 714, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,397

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 $750/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.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 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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    75 Norman Bethune Avenue Unit 7… — $450,000 | Battaglia Team