$429,000 - 3 Rosewater Street Unit 202W, Richmond Hill
Condo for Sale in Richmond Hill
New — Listed 6 days agoNeighbourhood: South Richvale
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- MLS Number
- N14085446
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $2,220
- Maintenance Fees
- $570/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Bright and Inviting West-Facing 1-Bedroom Suite in the Heart of Richmond Hill's Highly Desirable Yonge & Highway 7 Neighbourhood! Featuring a Functional Open-Concept Layout with One Private Terrace and One Balcony, with Walk-Outs from Both the Living Room and Bedroom, Offering Unobstructed West-Facing Views, Abundant Natural Light, and Beautiful Evening Sunsets. This Carpet-Free Unit Features a Modern Kitchen with Stainless Steel Appliances, Built-In Dishwasher, Microwave, and Full-Size Washer & Dryer. One Parking Space Included. Energy-Efficient Geothermal Heating Helps Keep Utility Costs Low. Enjoy an Impressive Range of Building Amenities Including Concierge, Fitness Centre, Indoor Basketball Court, Yoga Studio, Sauna, Party Room, Pet Spa, and More. Ideally Located Just Steps to Yonge Street Transit, Hillcrest Mall, Walmart, Cineplex, Restaurants, Banks, Parks, and Everyday Essentials. Minutes to Hwy 7, Hwy 407, and Langstaff GO Station, with the Planned Yonge North Subway Extension Adding Future Convenience. A Fantastic Opportunity for First-Time Buyers, Downsizers, or Investors Seeking Comfort, Convenience, and an Exceptional Richmond Hill Location!
Estimate your monthly payments for this property
Estimated Payment
$2,200.99/mo
Includes CMHC insurance ($11,969)
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 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
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.
3 Rosewater Street Unit 202W, Richmond Hill
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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 $858/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 $570/month fees should cover building insurance, common elements, and reserve contributions.
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 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.
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.