$590,000 - 2 David Eyer Road Unit 331, Richmond Hill
Condo for Sale in Richmond Hill
New — Listed 3 days agoNeighbourhood: Rural Richmond Hill
- MLS Number
- N13523042
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to modern luxury! Facing south, bright, and sunny and freshly painted throughout at Elgin East, this pristine, sun-filled 1+1 bedroom, 2-bathroom condo apartment perfectly blends upscale design with urban convenience. The heart of the home is a gourmet open-concept kitchen showcasing premium built-in integrated appliances, luxury quartz countertops, and a matching custom backsplash. The highly versatile, separate den features sleek glass sliding doors-ideal for a private home office, cozy nursery, or guest space. Enjoy the rare convenience of two full, beautifully appointed bathrooms. Residents enjoy state-of-the-art amenities: 24hr concierge, fitness center & yoga studio, theater room, piano lounge, games room, business center, pet-wash station, kids room, and a stunning outdoor BBQ terrace. Unbeatable Bayview/Elgin Mills location-minutes to Hwy 401, Richmond Hill GO, Richmond Green Park, Costco, top-rated schools, and fine dining. Parking and Double Size Locker Included. Internet included.
Estimate your monthly payments for this property
Estimated Payment
$3,027.01/mo
Includes CMHC insurance ($16,461)
5-yr fixed avg.
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.
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
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.
2 David Eyer Road Unit 331, Richmond Hill
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $983/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 600 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.
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 $2,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.