14 David Eyer Road Unit 1007, Richmond Hill

Price: $699,000

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13580584

Welcome to the Boutique Stacked Townhouse With 1268Sq.Ft, Living Space+364 Sq.Ft Outdoor Space, include 1 EV (TESLA )underground parking.ElginEast at Bayview! Chic&Contemporary Stacked 2 Bedroom Townhome available in one of the most in-demand suburban neighbourhoods in the GTA - don't miss this once in a lifetime investment opportunity! Fresh painted throughout.Enjoy 10', smooth finish ceilings throughout, as well as engineered wood flooring (excl.bath/laundry); custom designer finishes - on the 2nd floor is spacious open concept living, powder room & seamless kitchen with built-in, integrated appliances, Quartz countertops, CentreIsland/Breakfast Bar, Under Cabinet Lighting & much More! Up on the third floor are the Bedrooms, Baths & Laundry - Walk-out to the private balcony from the main bedroom which also features a 3Pc.Located steps from Richmond Green Park with its extensive sports facilities and year-round family activities, and close access to Costco, shopping and dining. Easy Access to Highway 404, Top School Zone: Richmond Hill S.S./ H.G. Bernard P.S.***BONUS!! 1 EV (TESLA )underground parking, and all 2-year-new modern furniture, patio furniture, and BBQ are included in price, (total around $20,000 Value )as a bonus for the buyer***

14 David Eyer Road Unit 1007 - Condo photo 1 of 20 in Richmond Hill, Ontario
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$699,000 - 14 David Eyer Road Unit 1007, Richmond Hill

Condo for Sale in Richmond Hill

36 days on market

Neighbourhood: Rural Richmond Hill

2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13580584
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

Welcome to the Boutique Stacked Townhouse With 1268Sq.Ft, Living Space+364 Sq.Ft Outdoor Space, include 1 EV (TESLA )underground parking.ElginEast at Bayview! Chic&Contemporary Stacked 2 Bedroom Townhome available in one of the most in-demand suburban neighbourhoods in the GTA - don't miss this once in a lifetime investment opportunity! Fresh painted throughout.Enjoy 10', smooth finish ceilings throughout, as well as engineered wood flooring (excl.bath/laundry); custom designer finishes - on the 2nd floor is spacious open concept living, powder room & seamless kitchen with built-in, integrated appliances, Quartz countertops, CentreIsland/Breakfast Bar, Under Cabinet Lighting & much More! Up on the third floor are the Bedrooms, Baths & Laundry - Walk-out to the private balcony from the main bedroom which also features a 3Pc.Located steps from Richmond Green Park with its extensive sports facilities and year-round family activities, and close access to Costco, shopping and dining. Easy Access to Highway 404, Top School Zone: Richmond Hill S.S./ H.G. Bernard P.S.***BONUS!! 1 EV (TESLA )underground parking, and all 2-year-new modern furniture, patio furniture, and BBQ are included in price, (total around $20,000 Value )as a bonus for the buyer***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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: Rural Richmond Hill

Discover Rural Richmond Hill

Rural 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 Rural 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

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

Rural 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.

70
Walk Score
Varies
Price Range

14 David Eyer Road Unit 1007, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,099

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 $583/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 36 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.

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 Rural Richmond Hill

I know Rural Richmond Hill 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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    14 David Eyer Road Unit 1007 | $699,000 | Battaglia Team