11 Plaisance Road Unit 3, Richmond Hill

Price: $599,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13673602

The rare chance to own a newly constructed townhome in prime Richmond Hill! Centrally located with full city amenities steps away! Modern, sophisticated, and exceptionally well located, this townhouse near Hillcrest Mall delivers the space and finish you've been looking for. Thoughtfully designed across three levels, the home combines contemporary style with practical details that make everyday living effortless. The main floor offers a bright, open-concept setting with generous living and dining areas that transition seamlessly into a sleek modern kitchen. Quartz countertops, a coordinating backsplash, and brand-new stainless steel appliances create a polished focal point, while the spacious layout provides plenty of room to gather, entertain, and unwind. Upstairs, three well-proportioned bedrooms offer comfortable private spaces, complemented by the convenience of an upgraded second-floor laundry. The impressive layouts allows for a bright, finished lower level - extending the living space with a walkout directly to a beautifully private garden-an ideal setting for morning coffee, outdoor dining, or simply enjoying some fresh air away from the bustle of the city. Situated in one of Richmond Hill's most convenient locations, everything from shopping and dining to recreation and transit is close at hand. YRT, Hillcrest Mall, cafés, restaurants, parks, and public transit are all just minutes away, with easy access to the surrounding neighbourhoods and amenities. Extras: new construction, front and back yards to be landscaped soon.

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$599,000 - 11 Plaisance Road Unit 3, Richmond Hill

Condo for Sale in Richmond Hill

Popular Listing

Neighbourhood: North Richvale

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13673602
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

The rare chance to own a newly constructed townhome in prime Richmond Hill! Centrally located with full city amenities steps away! Modern, sophisticated, and exceptionally well located, this townhouse near Hillcrest Mall delivers the space and finish you've been looking for. Thoughtfully designed across three levels, the home combines contemporary style with practical details that make everyday living effortless. The main floor offers a bright, open-concept setting with generous living and dining areas that transition seamlessly into a sleek modern kitchen. Quartz countertops, a coordinating backsplash, and brand-new stainless steel appliances create a polished focal point, while the spacious layout provides plenty of room to gather, entertain, and unwind. Upstairs, three well-proportioned bedrooms offer comfortable private spaces, complemented by the convenience of an upgraded second-floor laundry. The impressive layouts allows for a bright, finished lower level - extending the living space with a walkout directly to a beautifully private garden-an ideal setting for morning coffee, outdoor dining, or simply enjoying some fresh air away from the bustle of the city. Situated in one of Richmond Hill's most convenient locations, everything from shopping and dining to recreation and transit is close at hand. YRT, Hillcrest Mall, cafés, restaurants, parks, and public transit are all just minutes away, with easy access to the surrounding neighbourhoods and amenities. Extras: new construction, front and back yards to be landscaped soon.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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: North Richvale

Discover North Richvale

North Richvale 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 North Richvale

  • 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

North Richvale 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

11 Plaisance Road Unit 3, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,591

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 $499/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About North Richvale

I know North Richvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    11 Plaisance Road Unit 3, Richmond Hill | $599,000 | Battaglia Team