141 Castle Rock Drive Unit 35, Richmond Hill

Price: $799,999

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: N13783086

On a charming, quiet corner in a wonderful community, this large and well-proportioned detached condo home is waiting for the next talented visionary to bring it back to its former glory. Available for the first time in almost 40 years, this is the moment to seize the opportunity before it disappears for another generation. Units in this development are rarely available, and this one is truly unique thanks to its oversized pie-shaped lot with a generous private backyard. Arrive prepared with your inspiration, your designer, and your contractor. Lean into the mid-century modern roots and restore the original details, or go the other way entirely and reimagine it with a contemporary edge. With bones this good, it's a blank slate and the options are limitless. Spacious, airy, bright, and gorgeous are just the beginning. Three handsome bedrooms and expansive living and dining spaces, plus a private drive and attached garage for easy parking. And did we mention the neighbourhood? It's remarkably quiet in this neck of the woods, yet shopping, dining, parks, great schools, and a close-knit community are all just steps away. Get your Pinterest boards ready, my friends, because this property deserves nothing but the very best. Creative, project-minded buyers, step forward and make this home an extension of your vision. And between us, it's hard to believe it's a condo. It feels 'all house'. Whatever you call it, for one lucky family it will be a HOME.

141 Castle Rock Drive Unit 35 - Condo photo 1 of 11 in Richmond Hill, Ontario
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$799,999 - 141 Castle Rock Drive Unit 35, Richmond Hill

Condo for Sale in Richmond Hill

Neighbourhood: North Richvale

3Beds
3Baths
1,600Sq Ft
Condo

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Property Details
MLS Number
N13783086
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Richmond Hill
Taxes (2026)
$5,071
Maintenance Fees
$435/mo
Locker
None
Exposure
West
Balcony
Juliette
Listing Brokerage
FOX MARIN ASSOCIATES LTD.
Description

On a charming, quiet corner in a wonderful community, this large and well-proportioned detached condo home is waiting for the next talented visionary to bring it back to its former glory. Available for the first time in almost 40 years, this is the moment to seize the opportunity before it disappears for another generation. Units in this development are rarely available, and this one is truly unique thanks to its oversized pie-shaped lot with a generous private backyard. Arrive prepared with your inspiration, your designer, and your contractor. Lean into the mid-century modern roots and restore the original details, or go the other way entirely and reimagine it with a contemporary edge. With bones this good, it's a blank slate and the options are limitless. Spacious, airy, bright, and gorgeous are just the beginning. Three handsome bedrooms and expansive living and dining spaces, plus a private drive and attached garage for easy parking. And did we mention the neighbourhood? It's remarkably quiet in this neck of the woods, yet shopping, dining, parks, great schools, and a close-knit community are all just steps away. Get your Pinterest boards ready, my friends, because this property deserves nothing but the very best. Creative, project-minded buyers, step forward and make this home an extension of your vision. And between us, it's hard to believe it's a condo. It feels 'all house'. Whatever you call it, for one lucky family it will be a HOME.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,104.41/mo

Includes CMHC insurance ($22,320)

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5-yr fixed avg.

Principal: $719,999Interest: $489,004
Mortgage Amount$742,319
Total Interest$489,004
Est. Property Tax$567/mo
Total Cost$1,231,323

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

141 Castle Rock Drive Unit 35, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$435
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,071

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 $500/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 23 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. The $435/month fees should cover building insurance, common elements, and reserve contributions.

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.

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    141 Castle Rock Drive Unit 35 | $799,999 | Battaglia Team