40 Baif Boulevard Unit 103, Richmond Hill

Price: $599,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13427908

For those ready to simplify without sacrificing space, this thoughtfully updated ground-floor suite offers a comfortable & practical next chapter.With 1,169 square feet, two bedrooms, and two full bathrooms, there is room to live comfortably, host family & friends, and keep the belongings that matter most. Nine-foot ceilings & extra-tall windows fill the home with natural light, while hardwood flooring and updated kitchens and bathrooms provide a move-in-ready experience. One of the home's standout features is the private, gated terrace accessed directly from the living room. Whether you enjoy tending flowers & container gardens, relaxing outdoors with a morning coffee, or stepping outside easily with a dog, this ground-floor setting offers a freedom rarely found in condominium living. Both bedrooms feature double closets, providing generous storage, while the separate laundry room offers additional space for household essentials. A storage locker & parking for two vehicles add everyday convenience. Life here extends well beyond your front door. The beautifully landscaped grounds feel more like a private park, with mature gardens, walking paths, and expansive green space. Residents enjoy access to the popular Club 66 Recreation Centre, featuring an outdoor pool, fitness facilities, sauna, games room, party room, creating opportunities to stay active connected close to home. Additional conveniences include visitor parking and a car wash area. Practicality is equally important. Maintenance fees include all utilities, cable TV, and internet, helping to simplify monthly budgeting. The building is just steps from transit on Yonge Street, with shopping, restaurants, medical services, Hillcrest Mall, parks, and everyday conveniences within easy walking distance. A rare opportunity for downsizers seeking comfort, outdoor space, low-maintenance living, and a welcoming community in one well-designed package.

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$599,000 - 40 Baif Boulevard Unit 103, Richmond Hill

Condo for Sale in Richmond Hill

Neighbourhood: North Richvale

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13427908
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Richmond Hill
Locker
Ensuite+Exclusive
Exposure
North
Balcony
Terrace
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Description

For those ready to simplify without sacrificing space, this thoughtfully updated ground-floor suite offers a comfortable & practical next chapter.With 1,169 square feet, two bedrooms, and two full bathrooms, there is room to live comfortably, host family & friends, and keep the belongings that matter most. Nine-foot ceilings & extra-tall windows fill the home with natural light, while hardwood flooring and updated kitchens and bathrooms provide a move-in-ready experience. One of the home's standout features is the private, gated terrace accessed directly from the living room. Whether you enjoy tending flowers & container gardens, relaxing outdoors with a morning coffee, or stepping outside easily with a dog, this ground-floor setting offers a freedom rarely found in condominium living. Both bedrooms feature double closets, providing generous storage, while the separate laundry room offers additional space for household essentials. A storage locker & parking for two vehicles add everyday convenience. Life here extends well beyond your front door. The beautifully landscaped grounds feel more like a private park, with mature gardens, walking paths, and expansive green space. Residents enjoy access to the popular Club 66 Recreation Centre, featuring an outdoor pool, fitness facilities, sauna, games room, party room, creating opportunities to stay active connected close to home. Additional conveniences include visitor parking and a car wash area. Practicality is equally important. Maintenance fees include all utilities, cable TV, and internet, helping to simplify monthly budgeting. The building is just steps from transit on Yonge Street, with shopping, restaurants, medical services, Hillcrest Mall, parks, and everyday conveniences within easy walking distance. A rare opportunity for downsizers seeking comfort, outdoor space, low-maintenance living, and a welcoming community in one well-designed package.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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: North Richvale

Discover North Richvale

North 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 North 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

North 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

40 Baif Boulevard Unit 103, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,561

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 $599/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.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

About North Richvale

I know North 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.

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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Baif Boulevard Unit 103, Richmond Hill | $599,000 | Battaglia Team