81 Northern Heights Drive Unit 15A, Richmond Hill

Price: $799,000

4 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13249246

Located in the best spot of the complex at the end of a quiet cul-de-sac, with no rear neighbors, visitors parking right in front and just steps to the neighbourhood playground! This beautifully maintained and updated 3+1 bedroom, 2 bathroom condo townhouse located in a highly sought after family friendly community in Richmond Hill! The functional walkout lower level is perfectly suited for a private home office, clinic, studio, family room or teen retreat, offering direct access from the foyer so guests or clients never need to pass through the main home. Quietly positioned at the end of the cul-de-sac with parking right outside and no rear neighbors for added privacy. Excellent potential for a home-based business or clinic setup, providing privacy and convenience for client-facing use (The Seller and Listing Brokerage make no representations regarding permitted business uses of the property. Buyers are advised to conduct their due diligence with respect to zoning, bylaws, and permitted home-based business uses) This home offers generous principal rooms, gleaming hardwood floors, a tastefully updated kitchen + bathrooms, creating a warm and inviting atmosphere. The property offers exceptional privacy with no direct rear neighbours and an open, airy backyard that is larger than comparable units. The outdoor space is ideal for relaxing or entertaining, complemented by a BBQ deck walkout from the kitchen's breakfast area and a stone patio below, seamlessly blending indoor and outdoor living. Located just minutes from Yonge Street, transit, shopping, restaurants, parks, top-rated schools, hospital, library and major commuter routes, this home offers outstanding everyday convenience. Visitor parking is located directly in front of the unit, adding ease for guests. Blending comfort, functionality, and lifestyle in one of Richmond Hill's most desirable communities, this property delivers exceptional value for families, professionals, and investors alike.

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active
New Listing
1/33

$799,000 - 81 Northern Heights Drive Unit 15A, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 3 days ago
4Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13249246
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Located in the best spot of the complex at the end of a quiet cul-de-sac, with no rear neighbors, visitors parking right in front and just steps to the neighbourhood playground! This beautifully maintained and updated 3+1 bedroom, 2 bathroom condo townhouse located in a highly sought after family friendly community in Richmond Hill! The functional walkout lower level is perfectly suited for a private home office, clinic, studio, family room or teen retreat, offering direct access from the foyer so guests or clients never need to pass through the main home. Quietly positioned at the end of the cul-de-sac with parking right outside and no rear neighbors for added privacy. Excellent potential for a home-based business or clinic setup, providing privacy and convenience for client-facing use (The Seller and Listing Brokerage make no representations regarding permitted business uses of the property. Buyers are advised to conduct their due diligence with respect to zoning, bylaws, and permitted home-based business uses) This home offers generous principal rooms, gleaming hardwood floors, a tastefully updated kitchen + bathrooms, creating a warm and inviting atmosphere. The property offers exceptional privacy with no direct rear neighbours and an open, airy backyard that is larger than comparable units. The outdoor space is ideal for relaxing or entertaining, complemented by a BBQ deck walkout from the kitchen's breakfast area and a stone patio below, seamlessly blending indoor and outdoor living. Located just minutes from Yonge Street, transit, shopping, restaurants, parks, top-rated schools, hospital, library and major commuter routes, this home offers outstanding everyday convenience. Visitor parking is located directly in front of the unit, adding ease for guests. Blending comfort, functionality, and lifestyle in one of Richmond Hill's most desirable communities, this property delivers exceptional value for families, professionals, and investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

81 Northern Heights Drive Unit 15A, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,838

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 $571/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    81 Northern Heights Drive Unit… — $799,000 | Battaglia Team