3 Rosewater Street Unit 1609W, Richmond Hill

Price: $998,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13848476

Experience sophisticated condo living in the heart of Richmond Hill! This beautifully appointed 3-bedroom, 3-bathroom residence offers an exceptional combination of space, style, and convenience. The bright open-concept layout creates a seamless flow between the living, dining, and kitchen areas, perfect for both entertaining and everyday living. The modern kitchen features quartz countertops, a large centre island, premium appliances, and plenty of storage with 2 balconies. The spacious primary bedroom offers two walk-in closets and a spa- inspired ensuite, creating the perfect private retreat. Ideally located in the sought-after South Richvale community, with convenient access to Highway 7, Highway 407, shopping, dining, transit, and everyday amenities. A rare opportunity to enjoy luxury, comfort, and an unbeatable Richmond Hill location. Charles Howitt Public School & Langstaff S.S. school catchment.

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active
New Listing

$998,000 - 3 Rosewater Street Unit 1609W, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 6 days ago

Neighbourhood: South Richvale

3Beds
3Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
N13848476
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$3,980
Maintenance Fees
$1,125/mo
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Experience sophisticated condo living in the heart of Richmond Hill! This beautifully appointed 3-bedroom, 3-bathroom residence offers an exceptional combination of space, style, and convenience. The bright open-concept layout creates a seamless flow between the living, dining, and kitchen areas, perfect for both entertaining and everyday living. The modern kitchen features quartz countertops, a large centre island, premium appliances, and plenty of storage with 2 balconies. The spacious primary bedroom offers two walk-in closets and a spa- inspired ensuite, creating the perfect private retreat. Ideally located in the sought-after South Richvale community, with convenient access to Highway 7, Highway 407, shopping, dining, transit, and everyday amenities. A rare opportunity to enjoy luxury, comfort, and an unbeatable Richmond Hill location. Charles Howitt Public School & Langstaff S.S. school catchment.

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Estimated Payment

$5,120.26/mo

Includes CMHC insurance ($27,844)

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5%10%50%

5-yr fixed avg.

Principal: $898,200Interest: $610,033
Mortgage Amount$926,044
Total Interest$610,033
Est. Property Tax$707/mo
Total Cost$1,536,077

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: South Richvale

Discover South Richvale

South 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 South 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

South 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

3 Rosewater Street Unit 1609W, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$1,125
Property Tax (est.)-$707
Insurance (est.)-$208
Net Cash Flow+$720

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 $998/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. The $1125/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 South Richvale

I know South 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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    3 Rosewater Street Unit 1609W | $998,000 | Battaglia Team