61 Richview Road, Toronto, ON

$598,000
MLS#:W9420085
3 beds
2 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment co-op apartment located in the coveted neighborhood of Humber Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $598,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient baseboard heating via electric

Description

Large Spacious 3 Bedroom Plus Den. High Demand Area, Very Clean Bright Unit. Parquet Floors Throughout, Custom Maple Kitchen with Stainless Steel Appliances. Updated Ensuite Bathroom, Windows replaced 2021, Underground Parking conveniently located close to elevator. Fantastic Building with Great Amenities (Indoor and Outdoor Pools, Tennis Court, Gym, Sauna) Very well Maintained.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 6, 2024
Sold price information is available to members only
Listed Date10/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCo-op Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$2,303.03

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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61 Richview Road, Toronto, 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 61 Richview Road 403, Toronto W09, ON M9A 4M8

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 Toronto.

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Interest Rate5.25%
Down Payment$34,800 (5.8%)
* Minimum Canadian down payment required for this price is $34,800.
Amortization Period25 Years
Estimated Monthly Payment$3,356Based on a loan of $563,200 over 25 years.
Purchase Price$598,000
Loan Amount$563,200
Provincial Land Transfer Tax:$8,435
Toronto Municipal Land Transfer Tax:$8,435
Total Estimated Closing Taxes:$16,870

About Purchasing a Home in Toronto, ON

For a property listed at $598,000 in Toronto, the legal minimum down payment is $34,800 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 $8,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,435 also applies, bringing the total estimated land transfer taxes to $16,870.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Humber Heights, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,078,971

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Demetrius
Public125 La Rose Avenue, Etobicoke, Toronto, Ontario, M9P 1A6
7.9
Holy Angels
Public100 Allanhurst Drive, Etobicoke, Toronto, Ontario, M9A 5E4
5.6
St Eugene
Public30 Westroyal Road, Etobicoke, Toronto, Ontario, M9P 2C3
7.7
Father Serra
Public111 Sun Row Drive, Etobicoke, Toronto, Ontario, M9P 3J3
8.6
St Bernard
Public12 Duckworth Street, Toronto, Ontario, M6M 4W4
4.5

Secondary Schools

Weston
Public100 Pine Street, York, Toronto, Ontario, M9N 2Y9
3.0
Richview
Public1738 Islington Avenue, Etobicoke, Toronto, Ontario, M9A 3N2
8.7
Chaminade
Public490 Queen's Drive, Toronto, Ontario, M6L 1M8
5.1
York Memorial
Public2690 Eglinton Avenue West, York, Toronto, Ontario, M6M 1T9
2.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.