75 Weldrick Road Unit 814, Richmond Hill

Price: $729,000

3 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: N12881492

Welcome to one of the largest and most functional layouts in the complex, offering over 1800 sq ft of living space that is rarely available in comparable units. This home presents a unique opportunity for buyers who value space, layout, and long term livability. While many units in the complex prioritize cosmetic updates, this property offers significantly more interior space, allowing for greater flexibility, comfort, and everyday usability that smaller layouts simply cannot match. The generous floor plan provides clear separation between living, dining, and bedroom areas, making it ideal for families or buyers who need additional room to work, relax, and entertain. The size advantage is immediately noticeable and is one of the defining features that sets this home apart. The property has been well maintained with key systems and major appliances updated over time, offering peace of mind for future ownership while still allowing the next owner to personalize finishes to their own taste. Enjoy a rare and unobstructed view with no direct units across, creating a brighter and more open feel throughout the home. This is a unique positioning within the complex that enhances both privacy and natural light. Conveniently located with public transit and school bus routes right at the curb, and within walking distance to T&T, H Mart, Shoppers Drug Mart, and Hillcrest Mall. For buyers who recognize the value of space and are looking for a home they can truly grow into, this is a rare opportunity within an established and well located Richmond Hill community.

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$729,000 - 75 Weldrick Road Unit 814, Richmond Hill

Condo for Sale in Richmond Hill

97 days on market
3Beds
3Baths
1,800Sq Ft
Condo
Property Details
MLS Number
N12881492
Property Type
Condo
Status
active
Days on Site
97
Bedrooms
3
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
HOMELIFE FRONTIER REALTY INC.
Description

Welcome to one of the largest and most functional layouts in the complex, offering over 1800 sq ft of living space that is rarely available in comparable units. This home presents a unique opportunity for buyers who value space, layout, and long term livability. While many units in the complex prioritize cosmetic updates, this property offers significantly more interior space, allowing for greater flexibility, comfort, and everyday usability that smaller layouts simply cannot match. The generous floor plan provides clear separation between living, dining, and bedroom areas, making it ideal for families or buyers who need additional room to work, relax, and entertain. The size advantage is immediately noticeable and is one of the defining features that sets this home apart. The property has been well maintained with key systems and major appliances updated over time, offering peace of mind for future ownership while still allowing the next owner to personalize finishes to their own taste. Enjoy a rare and unobstructed view with no direct units across, creating a brighter and more open feel throughout the home. This is a unique positioning within the complex that enhances both privacy and natural light. Conveniently located with public transit and school bus routes right at the curb, and within walking distance to T&T, H Mart, Shoppers Drug Mart, and Hillcrest Mall. For buyers who recognize the value of space and are looking for a home they can truly grow into, this is a rare opportunity within an established and well located Richmond Hill community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,740.15/mo

Includes CMHC insurance ($20,339)

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5-yr fixed avg.

Principal: $656,100Interest: $445,605
Mortgage Amount$676,439
Total Interest$445,605
Est. Property Tax$516/mo
Total Cost$1,122,044

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 Weldrick Road Unit 814, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$516
Insurance (est.)-$152
Net Cash Flow+$1,562

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 $405/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 97 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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    75 Weldrick Road Unit 814, Richmond Hill | $729,000 | Battaglia Team