67 Saigon Drive Unit 301, Richmond Hill

Price: $988,000

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13638576

Welcome to modern luxury living at The Hill on Bayview, an exclusive community by renowned builder Armour Heights in the heart of Richmond Hill. This beautifully appointed 2 bedroom townhouse seamlessly blends contemporary design, functionality, and comfort.The thoughtfully designed open concept layout features a bright living and dining area, ideal for everyday living and effortless entertaining. The stylish kitchen showcases sleek cabinetry,built-in appliances, and a large centre island, perfect for meal preparation and casual dining.Both bedrooms are generously sized with ample closet space, while the primary bedroom offers a peaceful retreat. One of the home's most impressive features is the expansive private rooftop terrace, an exceptional outdoor oasis perfect for entertaining, summer barbecues, or simply relaxing outdoors.Adding even more value, this home includes two owned underground parking spaces and one owned locker, a rare offering that provides exceptional convenience and storage.Nestled in a family friendly, well maintained community surrounded by parks, walking trails,and green space, this prime Richmond Hill location offers easy access to top rated schools,shopping, restaurants, public transit, and major highways. A perfect opportunity for professionals, families, and downsizers seeking luxury, convenience, and an exceptional lifestyle.

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$988,000 - 67 Saigon Drive Unit 301, Richmond Hill

Condo for Sale in Richmond Hill

Neighbourhood: Rural Richmond Hill

2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13638576
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to modern luxury living at The Hill on Bayview, an exclusive community by renowned builder Armour Heights in the heart of Richmond Hill. This beautifully appointed 2 bedroom townhouse seamlessly blends contemporary design, functionality, and comfort.The thoughtfully designed open concept layout features a bright living and dining area, ideal for everyday living and effortless entertaining. The stylish kitchen showcases sleek cabinetry,built-in appliances, and a large centre island, perfect for meal preparation and casual dining.Both bedrooms are generously sized with ample closet space, while the primary bedroom offers a peaceful retreat. One of the home's most impressive features is the expansive private rooftop terrace, an exceptional outdoor oasis perfect for entertaining, summer barbecues, or simply relaxing outdoors.Adding even more value, this home includes two owned underground parking spaces and one owned locker, a rare offering that provides exceptional convenience and storage.Nestled in a family friendly, well maintained community surrounded by parks, walking trails,and green space, this prime Richmond Hill location offers easy access to top rated schools,shopping, restaurants, public transit, and major highways. A perfect opportunity for professionals, families, and downsizers seeking luxury, convenience, and an exceptional lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,068.95/mo

Includes CMHC insurance ($27,565)

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5-yr fixed avg.

Principal: $889,200Interest: $603,920
Mortgage Amount$916,765
Total Interest$603,920
Est. Property Tax$700/mo
Total Cost$1,520,686

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: Rural Richmond Hill

Discover Rural Richmond Hill

Rural Richmond Hill 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 Rural Richmond Hill

  • 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

Rural Richmond Hill 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

67 Saigon Drive Unit 301, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$834

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 $823/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.

Market Position

At 19 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.

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 Rural Richmond Hill

I know Rural Richmond Hill 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 $4,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    67 Saigon Drive Unit 301, Richmond Hill | $988,000 | Battaglia Team