73 King William Crescent Unit 307, Richmond Hill

Price: $428,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13589528

Welcome to Suite 307 located in 73 King William Cres. in the heart of Richmond Hill! This beautifully designed one-bedroom condo delivers it all. Situated in one of the area's most sought-after neighbourhoods, this beautifully maintained suite offers 670 sq. ft. of bright, functional living space with a smart open-concept layout designed for comfort and convenience. Step inside to a welcoming foyer with large closet space, laminate flooring throughout, leading into a spacious kitchen complete with stainless steel appliances, a Caesarstone kitchen countertop, a Carrara marble backsplash & marble vanity countertop, complete with an eat in breakfast bar. The sun-filled living area flows seamlessly to an oversized 85 sq. ft. private balcony with tranquil views- the perfect spot to enjoy your morning coffee or unwind at the end of the day. The primary bedroom features a large walk-in closet and direct balcony access, creating a peaceful retreat with plenty of natural light. Included with the unit are one underground parking space and one locker for added storage and convenience. Enjoy low maintenance fees and the benefits of living in a well-managed building with excellent amenities (complete exercise room, sauna, 2 party rooms, billiards room and guest suites!), 24-hour Security/Concierge that accept mail and packages. Just steps from Yonge Street, Langstaff GO Station, shopping, restaurants, parks, schools, and everyday essentials, this location truly has it all. An exceptional opportunity for first-time buyers, downsizers, or savvy investors alike.

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$428,000 - 73 King William Crescent Unit 307, Richmond Hill

Condo for Sale in Richmond Hill

33 days on market

Neighbourhood: Langstaff

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13589528
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome to Suite 307 located in 73 King William Cres. in the heart of Richmond Hill! This beautifully designed one-bedroom condo delivers it all. Situated in one of the area's most sought-after neighbourhoods, this beautifully maintained suite offers 670 sq. ft. of bright, functional living space with a smart open-concept layout designed for comfort and convenience. Step inside to a welcoming foyer with large closet space, laminate flooring throughout, leading into a spacious kitchen complete with stainless steel appliances, a Caesarstone kitchen countertop, a Carrara marble backsplash & marble vanity countertop, complete with an eat in breakfast bar. The sun-filled living area flows seamlessly to an oversized 85 sq. ft. private balcony with tranquil views- the perfect spot to enjoy your morning coffee or unwind at the end of the day. The primary bedroom features a large walk-in closet and direct balcony access, creating a peaceful retreat with plenty of natural light. Included with the unit are one underground parking space and one locker for added storage and convenience. Enjoy low maintenance fees and the benefits of living in a well-managed building with excellent amenities (complete exercise room, sauna, 2 party rooms, billiards room and guest suites!), 24-hour Security/Concierge that accept mail and packages. Just steps from Yonge Street, Langstaff GO Station, shopping, restaurants, parks, schools, and everyday essentials, this location truly has it all. An exceptional opportunity for first-time buyers, downsizers, or savvy investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,195.86/mo

Includes CMHC insurance ($11,941)

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5-yr fixed avg.

Principal: $385,200Interest: $261,617
Mortgage Amount$397,141
Total Interest$261,617
Est. Property Tax$303/mo
Total Cost$658,759

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: Langstaff

Discover Langstaff

Langstaff 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 Langstaff

  • 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

Langstaff 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

73 King William Crescent Unit 307, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$303
Insurance (est.)-$89
Net Cash Flow+$1,018

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 $713/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 33 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.

Efficient Living

At 600 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 Langstaff

I know Langstaff 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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    73 King William Crescent Unit 307 | $428,000 | Battaglia Team