$429,000 - 73 King William Crescent Unit 701, Richmond Hill
Condo for Sale in Richmond Hill
Neighbourhood: Langstaff
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- MLS Number
- N13813268
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2025)
- $2,056
- Maintenance Fees
- $519/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Suite 701 at The Gates of Bayview Glen III offers a smart entry point into ownership in one of Richmond Hill's most established boutique condo communities. The unit takes in a beautiful, unobstructed north view over Bayview Glen and has been well cared for, with new light fixtures, a new fridge (2024), laminate flooring throughout in place of carpet, potlights in the bedroom, and built in shelving in the closets. Full size kitchen appliances and an in suite washer and dryer round out the everyday convenience.The building sits in the Langstaff neighbourhood, close to Red Maple Public School, Charles Howitt Public School, and Langstaff Secondary School, with St John Paul II Catholic Elementary also nearby. Langstaff GO Station is just a 5 minute drive or a 15 minute walk, offering train service to Union Station, and Highway 407 and Highway 7 are both close by for easy access across the GTA. Big box shopping is only 2 minutes away, with Home Depot, Staples, The Brick, Walmart, and Canadian Tire all within reach, plus Hillcrest Mall, local parks, and a range of restaurants nearby.Building amenities include a party room, billiards room, gym, yoga studio, meeting room, guest suite, concierge, and on site management, along with plenty of visitor parking. The common areas are currently being refreshed, giving the new owner even more to look forward to.Suite 701 offers a practical 1 bedroom, 1 bathroom layout across approximately 625SQFT, with 1 underground parking space and 1 storage locker included.
Estimate your monthly payments for this property
Estimated Payment
$2,200.99/mo
Includes CMHC insurance ($11,969)
5-yr fixed avg.
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.
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
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.
73 King William Crescent Unit 701, Richmond Hill
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $715/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 15 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. The $519/month fees should cover building insurance, common elements, and reserve contributions.
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.