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$458K · 1 bed Condo Apartment · Unit 616, Royal Garden Condo, 372 Highway 7 East Highway, Richmond Hill, Ontario L4B 0C6 | HomeSearchCanada

$458,000

Unit 616

16 DOM

1116d

Map

DOM 16

$458,000

DOM16days

Unit 616

Royal Garden Condo · 372 Highway 7 East Highway · Richmond Hill · Ontario L4B 0C6

MLS® N13531856 · Doncrest · L4B 0C6

11OwnerOccupied500-599 ft²Condo Apartment1-car UndergroundNo basement16d$833/ft²$2,027 tax/yrBuilt 201313 yrs oldNo basement

16 days on market

About this home

Located at the heart of Richmond Hill- restaurants, banks, Cineplex, Malls, VIVA and YRT bus systems are all within walking distances. The highly anticipated T&T Supermarket will be across the street for easy grocery shopping. Quick access to Hwy 404 & 407. The generously sized bedroom and walk-in closet are parts of this 555 sqft. interior which are rarely found in newer buildings of this price range. The open concept Living & Dining rooms lead to the North facing balcony which overlooks the qu…

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Property details

MLS#: N13531856
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 4
Kitchens: 1
Size: 500-599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2013

Occupancy: Owner Occupied
Washrooms: 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Foundation: Poured Concrete
Property features: Clear View, Park, Public Transit

View: City, Garden, Park/Greenbelt

Building name: Royal Garden Condo
Condo corp #: 1254
Balcony: Open
Locker: None
Association amenities: Concierge, Elevator, Exercise Room, Gym, Party Room/Meeting Room, Rooftop Deck/Garden
Fees include: Water Included, Heat Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete · Privacy
Fronting on: —
Cross street: Hwy 7 & Bayview
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Separate Heating Controls
Parking features: None

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: HOMELIFE CULTURELINK REALTY INC.

Source: TRREB/PROPTX · MLS® N13531856

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$458K

Unit 616 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $458,000✓ $2,027 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,043/mo

incl. closing costs (yr 1)

Annual total

$48,516

year 1

Mortgage only

$1,738/mo

principal + interest

Beyond mortgage

$1,378/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$91,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$169/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,580/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$33/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,635

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $20,850/yr

Property taxes16% $7,662/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,580/yr

Condo fees10% $4,764/yr

Closing costs11% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,850	$1,738/mo
Government & taxes
Property tax	$2,027	$169/mo
Land transfer tax(closing)	$5,635	$470/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,580	$382/mo
Condo fees
Condo / HOA fees	$4,764	$397/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$48,516	$4,043/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 616

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs