$748,800 - 8 Walder Lane Unit 102, Richmond Hill
Condo for Sale in Richmond Hill
New — Listed 2 days agoNeighbourhood: Rural Richmond Hill
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- MLS Number
- N13861586
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2026)
- $4,120
- Maintenance Fees
- $496/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX PREMIER INC.
RARE 2-CAR PARKING + LARGE 800 SQ. FT. YARD INCLUDING A 200 SQ. FT. PRIVATE TERRACE! Welcome to this beautifully upgraded 2-bedroom, 3-bathroom home in Richmond Hill, offering 1,049 sq. ft. of stylish interior living space plus an incredible private terrace with gas BBQ hookup-perfect for entertaining, relaxing or enjoying outdoor living. Soaring 10-ft ceilings and convenient main-floor access with no stairs to enter add to the appeal.The upgraded kitchen features quartz countertops, ceramic backsplash, under-valance lighting, an enlarged fridge opening and over-the-range microwave setup. The spacious primary bedroom offers a walk-in closet and private ensuite with an upgraded shower enclosure. Additional upgrades include a living room ceiling-light rough-in.Enjoy the convenience of 2 underground parking spaces, 1 locker, internet and dedicated bike storage. Exceptional community amenities include a private park and playground, car wash station, pet wash station, electric vehicle charging station and tons of visitor parking. Landscaping is maintained by management for truly easy, low-maintenance living.Ideally located near a pond with scenic walking trails and a community centre, plus shopping, restaurants, schools, parks and everyday amenities. GO Train just minutes away with easy access to Hwy 404. A fantastic opportunity to enjoy modern living, incredible outdoor space and exceptional convenience in a sought-after Richmond Hill community!
Estimate your monthly payments for this property
Estimated Payment
$3,841.73/mo
Includes CMHC insurance ($20,892)
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 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
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.
8 Walder Lane Unit 102, 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 $749/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $496/month fees should cover building insurance, common elements, and reserve contributions.
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 $3,120 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.