326 Major Mackenzie Drive Unit 716, Richmond Hill

Price: $360,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13521538

Welcome to this bright and spacious 1-bedroom plus den suite in the heart of Richmond Hill. Offering approximately 769 sq. ft. of well-designed living space, this original-owner unit has been lovingly maintained and presents an excellent opportunity for first-time buyers, downsizers, or investors looking to personalize a home to suit their own style.The functional open-concept layout features a welcoming foyer with double closet, a spacious living and dining area, and a practical kitchen with ample cabinetry and counter space. The versatile den is ideal for a home office, study, reading nook, or guest space, offering flexibility to suit today's lifestyle.The generously sized primary bedroom features a large closet and oversized window, while the full 4-piece bathroom and in-suite laundry add everyday convenience. Thoughtfully designed with plenty of storage throughout, this suite offers comfortable, low-maintenance living in a highly sought-after location.Enjoy living in a well-managed building just steps to Richmond Hill GO Station, YRT transit, restaurants, shopping, grocery stores, parks, community centres, Mackenzie Health, Richmond Hill Centre for the Performing Arts, and all the amenities along Major Mackenzie Drive and Yonge Street. Commuters will appreciate the quick access to Highway 404 and Highway 407.An excellent opportunity to own a well-maintained, original-owner suite in one of Richmond Hill's most convenient locations. Move in and enjoy as is or personalize it over time to make it your own.

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New Listing
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$360,000 - 326 Major Mackenzie Drive Unit 716, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 4 days ago

Neighbourhood: Crosby

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13521538
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Richmond Hill
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
EXP REALTY
Description

Welcome to this bright and spacious 1-bedroom plus den suite in the heart of Richmond Hill. Offering approximately 769 sq. ft. of well-designed living space, this original-owner unit has been lovingly maintained and presents an excellent opportunity for first-time buyers, downsizers, or investors looking to personalize a home to suit their own style.The functional open-concept layout features a welcoming foyer with double closet, a spacious living and dining area, and a practical kitchen with ample cabinetry and counter space. The versatile den is ideal for a home office, study, reading nook, or guest space, offering flexibility to suit today's lifestyle.The generously sized primary bedroom features a large closet and oversized window, while the full 4-piece bathroom and in-suite laundry add everyday convenience. Thoughtfully designed with plenty of storage throughout, this suite offers comfortable, low-maintenance living in a highly sought-after location.Enjoy living in a well-managed building just steps to Richmond Hill GO Station, YRT transit, restaurants, shopping, grocery stores, parks, community centres, Mackenzie Health, Richmond Hill Centre for the Performing Arts, and all the amenities along Major Mackenzie Drive and Yonge Street. Commuters will appreciate the quick access to Highway 404 and Highway 407.An excellent opportunity to own a well-maintained, original-owner suite in one of Richmond Hill's most convenient locations. Move in and enjoy as is or personalize it over time to make it your own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,846.99/mo

Includes CMHC insurance ($10,044)

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5-yr fixed avg.

Principal: $324,000Interest: $220,052
Mortgage Amount$334,044
Total Interest$220,052
Est. Property Tax$255/mo
Total Cost$554,096

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: Crosby

Discover Crosby

Crosby 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 Crosby

  • 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

Crosby 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

326 Major Mackenzie Drive Unit 716, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$255
Insurance (est.)-$75
Net Cash Flow+$1,415

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 $514/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.

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 700 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 Crosby

I know Crosby 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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    326 Major Mackenzie Drive Unit 716 | $360,000 | Battaglia Team