1000 Elgin Mills Road, Richmond Hill, ON

$699,000
MLS#:N8444878
2 beds
3 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Multi-Level condo townhouse located in the coveted neighborhood of Rural Richmond Hill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Water Heater, Separate Heating Controls, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Assignment Sale! This Contemporary 2-story condo-stacked townhouse is @ Elgin East by Sequoia Grove Homes. High demand location! contemporary urban living with 10-foot Ceilings on the Main Floor and 9-foot Ceilings on the Lower Level. This property has Modern kitchen cabinet w/ valance lighting, quartz counter, backsplash & b/i appliances, w/ two bedrooms and three bathrooms, w/ a Parking Space, Locker, and Terrace. Don't Miss the Opportunity to Reside in Richmond Hill, one of GTAs Fastest-Growing Municipalities, Steps to public transit & nature trails. Close to richmond green park, costco & hwy404, Costco, Home Depot, Restaurants, and More. Move In This Summer!

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Property Summary

This townhouse located at 1000 Elgin Mills Road, Richmond Hill is currently for sale and has been available on SousaSells for 757 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 2 beds, 3 bathrooms, and is 900-999 square feet. 1000 Elgin Mills Road, Richmond Hill is in the Rural Richmond Hill neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 12, 2024
Sold price information is available to members only
Listed Date6/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleMulti-Level
ConstructionBrick
BasementNone
CountyYork
Annual Tax$0

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater, Separate Heating Controls, Separate Hydro Meter, Auto Garage Door Remote

Security Features

Community Features

Location

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1000 Elgin Mills Road, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1000 Elgin Mills Road 1218, Richmond Hill, ON L4S 1M4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate4.00%
Down Payment$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Richmond Hill, ON

For a property listed at $699,000 in Richmond Hill, the legal minimum down payment is $44,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,455 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Richmond Hill, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,797,711

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

H G Bernard
Public245 Bernard Avenue, Richmond Hill, Ontario, L4S 1E1
6.6
Our Lady Help of Christians
Public275 Redstone Road, Richmond Hill, Ontario, L4S 2H1
7.7
Redstone
Public235 Redstone Road, Richmond Hill, Ontario, L4S 2E2
8.0
Bond Lake
PublicWilcox Lake, Richmond Hill, Ontario
8.6
Corpus Christi
Public35 Squire Drive, Richmond Hill, Ontario, L4S 1C6
10.0

Secondary Schools

Richmond Green
Public1 William F. Bell Parkway, Richmond Hill, Ontario, L4S 2T9
8.3
Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.