2 David Eyer Drive Unit 429, Richmond Hill

Price: $688,800

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13628180

Welcome to NEXT2, where luxury meets contemporary living in the heart of Richmond Hill. This New 2-bedroom + den, 2-bathroom residence offers 928 sq. ft. of beautifully designed interior space plus a 155 sq. ft. private balcony, featuring a bright open-concept layout with floor-to-ceiling windows, a versatile den ideal for a home office, designer kitchen with built-in appliances, quartz countertops, premium finishes, and a spacious primary suite with ensuite bath. Enjoy an exceptional collection of resort-inspired amenities including a grand lobby, outdoor terrace, party room, private dining room, theatre, fitness centre, yoga studio, business lounge, music room, children's playroom, and pet wash station. Ideally located just minutes to Costco, Home Depot, top-rated restaurants, shopping, parks, transit, and major highways. Includes 1 parking space and 1 locker. A rare opportunity to own a luxurious brand-new home in one of Richmond Hill's most sought-after communities. ***Photos are virtually staged***

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$688,800 - 2 David Eyer Drive Unit 429, Richmond Hill

Condo for Sale in Richmond Hill

Neighbourhood: Rural Richmond Hill

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N13628180
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North East
Balcony
Terrace
Listing Brokerage
168 REAL ESTATES INC.
Description

Welcome to NEXT2, where luxury meets contemporary living in the heart of Richmond Hill. This New 2-bedroom + den, 2-bathroom residence offers 928 sq. ft. of beautifully designed interior space plus a 155 sq. ft. private balcony, featuring a bright open-concept layout with floor-to-ceiling windows, a versatile den ideal for a home office, designer kitchen with built-in appliances, quartz countertops, premium finishes, and a spacious primary suite with ensuite bath. Enjoy an exceptional collection of resort-inspired amenities including a grand lobby, outdoor terrace, party room, private dining room, theatre, fitness centre, yoga studio, business lounge, music room, children's playroom, and pet wash station. Ideally located just minutes to Costco, Home Depot, top-rated restaurants, shopping, parks, transit, and major highways. Includes 1 parking space and 1 locker. A rare opportunity to own a luxurious brand-new home in one of Richmond Hill's most sought-after communities. ***Photos are virtually staged***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,533.90/mo

Includes CMHC insurance ($19,218)

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5-yr fixed avg.

Principal: $619,920Interest: $421,033
Mortgage Amount$639,138
Total Interest$421,033
Est. Property Tax$488/mo
Total Cost$1,060,170

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

2 David Eyer Drive Unit 429, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$488
Insurance (est.)-$144
Net Cash Flow+$1,463

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 $765/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 22 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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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.

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    2 David Eyer Drive Unit 429, Richmond Hill | $688,800 | Battaglia Team