40 Baif Boulevard Unit 406, Richmond Hill

Price: $758,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13477982

Welcome to this 1368 sq ft 3 bedroom, 2 full bathroom sunny south exposure condo. Entertainers delight with this amazing renovated kitchen with an enormous granite center island that has loads of extra storage. Center piece for guests. Newer Stainless steel appliances, quartz counters, pot drawers, sliders, garbage/recycle stations, etc. Really well designed open concept gourmet kitchen. Beautiful laminate flooring throughout. Spacious living area with walkout to large sunny balcony that allows gas barbecues. New toilets and vanities in the two full bathrooms. In suite laundry room with storage space. Walk-in closet and 4 piece ensuite in large primary bedroom. Side by side two car parking. Storage locker. Walk to Hillcrest Mall, grocery shopping, Yonge St and transit. Access to Club 66 with its awesome outdoor pool, games room, gym and party room. Underground car wash. Option to purchase electric charger station. Maintenance Fees Include Heat, Hydro, Water, CAC, Cable TV, Basic Internet. Residents have access to Club 66 Recreation Centre. (Taxes are estimated and have not been independently verified )

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$758,000 - 40 Baif Boulevard Unit 406, Richmond Hill

Condo for Sale in Richmond Hill

Popular Listing

Neighbourhood: North Richvale

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13477982
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Welcome to this 1368 sq ft 3 bedroom, 2 full bathroom sunny south exposure condo. Entertainers delight with this amazing renovated kitchen with an enormous granite center island that has loads of extra storage. Center piece for guests. Newer Stainless steel appliances, quartz counters, pot drawers, sliders, garbage/recycle stations, etc. Really well designed open concept gourmet kitchen. Beautiful laminate flooring throughout. Spacious living area with walkout to large sunny balcony that allows gas barbecues. New toilets and vanities in the two full bathrooms. In suite laundry room with storage space. Walk-in closet and 4 piece ensuite in large primary bedroom. Side by side two car parking. Storage locker. Walk to Hillcrest Mall, grocery shopping, Yonge St and transit. Access to Club 66 with its awesome outdoor pool, games room, gym and party room. Underground car wash. Option to purchase electric charger station. Maintenance Fees Include Heat, Hydro, Water, CAC, Cable TV, Basic Internet. Residents have access to Club 66 Recreation Centre. (Taxes are estimated and have not been independently verified )

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,888.93/mo

Includes CMHC insurance ($21,148)

$
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5%10%50%

5-yr fixed avg.

Principal: $682,200Interest: $463,332
Mortgage Amount$703,348
Total Interest$463,332
Est. Property Tax$537/mo
Total Cost$1,166,680

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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 406, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$537
Insurance (est.)-$158
Net Cash Flow+$1,445

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 $632/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.

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 $3,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    40 Baif Boulevard Unit 406, Richmond Hill | $758,000 | Battaglia Team