3 Ellesmere Street Unit 713, Richmond Hill

Price: $428,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13697006

Welcome to The Gates of Bayview Glen, an intimate 150-suite boutique residence ideally situated in the heart of Richmond Hill's highly convenient Langstaff community. This beautifully updated suite enjoys a desirable southwest exposure with scenic views and an abundance of natural light throughout the day. Discover a bright and inviting interior featuring modern tile flooring, an updated 4-piece bathroom and a stylish kitchen complete with quartz countertops, tile backsplash and brand-new stainless steel appliances. The Spacious primary bedroom features laminate flooring, double mirrored closets, floor-to-ceiling windows and a private walkout balcony; a perfect place to unwind and enjoy the open southwest views. Enjoy the comfort and tranquility of a quiet, well-managed mid-rise community with modern updated common areas and lobby, visitor parking, exercise room, games room, party/meeting room and security. Exceptional location just minutes from Yonge Street, Viva/YRT, Hillcrest Mall, Highway 7 and Highway 407, with convenient access to shopping, restaurants, Walmart Supercentre, SilverCity Cinemas and everyday amenities. A developing transit hub with Langstaff GO and the future Bridge Station as part of the Yonge North Subway Extension (under construction), bringing TTC Line 1 into Richmond Hill. One underground parking space and one locker are included, conveniently located on P1. An outstanding opportunity for first-time buyers, downsizers or investors seeking a spacious, updated home in an established Richmond Hill community with exceptional present-day convenience and exciting future transit connectivity!

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active
New Listing
1/40

$428,000 - 3 Ellesmere Street Unit 713, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 3 days ago

Neighbourhood: Langstaff

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13697006
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Welcome to The Gates of Bayview Glen, an intimate 150-suite boutique residence ideally situated in the heart of Richmond Hill's highly convenient Langstaff community. This beautifully updated suite enjoys a desirable southwest exposure with scenic views and an abundance of natural light throughout the day. Discover a bright and inviting interior featuring modern tile flooring, an updated 4-piece bathroom and a stylish kitchen complete with quartz countertops, tile backsplash and brand-new stainless steel appliances. The Spacious primary bedroom features laminate flooring, double mirrored closets, floor-to-ceiling windows and a private walkout balcony; a perfect place to unwind and enjoy the open southwest views. Enjoy the comfort and tranquility of a quiet, well-managed mid-rise community with modern updated common areas and lobby, visitor parking, exercise room, games room, party/meeting room and security. Exceptional location just minutes from Yonge Street, Viva/YRT, Hillcrest Mall, Highway 7 and Highway 407, with convenient access to shopping, restaurants, Walmart Supercentre, SilverCity Cinemas and everyday amenities. A developing transit hub with Langstaff GO and the future Bridge Station as part of the Yonge North Subway Extension (under construction), bringing TTC Line 1 into Richmond Hill. One underground parking space and one locker are included, conveniently located on P1. An outstanding opportunity for first-time buyers, downsizers or investors seeking a spacious, updated home in an established Richmond Hill community with exceptional present-day convenience and exciting future transit connectivity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,195.86/mo

Includes CMHC insurance ($11,941)

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5-yr fixed avg.

Principal: $385,200Interest: $261,617
Mortgage Amount$397,141
Total Interest$261,617
Est. Property Tax$303/mo
Total Cost$658,759

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: Langstaff

Discover Langstaff

Langstaff 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 Langstaff

  • 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

Langstaff 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

3 Ellesmere Street Unit 713, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$303
Insurance (est.)-$89
Net Cash Flow+$1,083

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

Fair Market Value

At $856/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 500 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 Langstaff

I know Langstaff 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    3 Ellesmere Street Unit 713, Richmond Hill | $428,000 | Battaglia Team