$499,999 - 8763 Bayview Avenue Unit 221, Richmond Hill
Condo for Sale in Richmond Hill
- MLS Number
- N13169044
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- KINGSWAY REAL ESTATE
Welcome To Luxury Boutique Living On Prestigious Bayview Ave! This Beautifully Maintained 1 Bedroom + Den, 2 Bathroom Suite Offers A Rare Combination Of Style, Functionality And Convenience In A Highly Desirable Ravine-Setting Low-Rise Building. Featuring Soaring 10 Ft Ceilings, Bright Floor-To-Ceiling Windows And A Thoughtfully Designed Feng-Shui Layout, This Move-In Ready Unit Feels Spacious, Elegant And Inviting From The Moment You Walk In. Enjoy An Open Concept Layout With An Upgraded Kitchen Featuring Granite Countertops, Stainless Steel Appliances And A Functional Kitchen Island Perfect For Entertaining. The Spacious Living Area Includes Custom Built-Ins And Walks Out To A Large Private Balcony Through 2 Separate Walk-Outs, Creating Seamless Indoor/Outdoor Living. The Generous Den Offers Incredible Flexibility For A Home Office, Guest Space Or Nursery.A Rare Bonus Includes 2 Owned Parking Spaces Plus A Locker - An Exceptional Find In Condo Living! Located Just Steps To Shopping, Restaurants, Public Transit, GO, Viva Transit, Hwy 407 & Hwy 7, This Location Offers Ultimate Convenience While Being Nestled In A Quiet Ravine-Surrounded Community. Enjoy Premium Building Amenities Including A Zen Garden, Gym, Yoga Studio, Party Room, Lounge, Games Room And Media Room. Very Well-Maintained With Flexible Closing Available - This Is The One You've Been Waiting For!
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
5-yr fixed avg.
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.
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
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.
8763 Bayview Avenue Unit 221, Richmond Hill
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $714/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 19 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 700 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.