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$419K · 1+1 bed Condo Apartment · Unit 712, The Vineyards, 350 Red Maple Road, Richmond Hill, Ontario L4C 0T5 | HomeSearchCanada

$419,000

Unit 712

162 DOM

1+11162d

Map

⚡ Insider Deal

DOM 162

↓ $50KMotivated SellerPrice Reduced

$419,000

↓ $50KMotivated Seller

DOM162days

Unit 712

The Vineyards · 350 Red Maple Road · Richmond Hill · Ontario L4C 0T5

MLS® N12989502 · Langstaff · L4C 0T5

1+11OwnerOccupied600-699 ft²Condo Apartment1-car UndergroundNo basement162d$645/ft²$2,123 tax/yrBuilt 200323 yrs oldNo basement

162 days on market

About this home

Attention to First Time Home Buyers! Welcome to The Vineyards, located just off Yonge St and 16th Ave. Experience comfortable and convenient living in Richmond Hill. This bright and spacious 1-bedroom plus den suite on the 7th floor features a south-facing view, an open-concept layout, walk out to balcony and a separate den ideal for a home office or extra living space. The unit includes one parking spot and a locker; close to elevator entrance for added convenience. Building amenities provide 2…

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Property details

MLS#: N12989502
Status: Conditionally Sold
Property class: Residential Condo & Other
Beds: 1+1
Baths: 1 full, 0 half
Rooms: 5
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2003

Occupancy: Owner Occupied
Washrooms: 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Foundation: Concrete
Property features: Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

View: City

Building name: The Vineyards
Condo corp #: 1095
Balcony: Open
Locker: Owned
Association amenities: Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Tennis Court, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Fan Coil
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete · Security Gate, Year Round Living
Fronting on: —
Cross street: Yonge / 16th Ave
Stories: 7
Utilities: —
Laundry: Ensuite
Laundry level: Main Level
Interior: Other
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $50KPrice reduction

MLS shows the seller reduced the asking price by $49,888 (from $468,888 to $419,000).

Motivated SellerWhy this label

162 days on market — Listing has been active for 162 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX EXCEL REALTY LTD.

Source: TRREB/PROPTX · MLS® N12989502

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$419K

Unit 712 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $419,000✓ $2,123 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,107/mo

incl. closing costs (yr 1)

Annual total

$49,283

year 1

Mortgage only

$1,590/mo

principal + interest

Beyond mortgage

$1,654/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$83,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$177/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,190/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$58/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,855

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $19,075/yr

Property taxes14% $6,978/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,190/yr

Condo fees17% $8,381/yr

Closing costs10% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,075	$1,590/mo
Government & taxes
Property tax	$2,123	$177/mo
Land transfer tax(closing)	$4,855	$405/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,190	$349/mo
Condo fees
Condo / HOA fees	$8,381	$698/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$49,283	$4,107/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 712

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs