301-40 Harding Boulevard, Richmond Hill, ON

Harding, Richmond Hill · MLS® N12759014

$739,999
For Sale
Listed 163 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Stunning Newly Renovated Unit In The Fabulous Dynasty Building. Luxurious New Hardwood Flooring Throughout W/ Huge Solarium Leading To A Giant Private Balcony Overlooking Scenic Green Space. Large 1346 sqft of living space + Large Balcony! This Unit Includes 2 Bedrooms,2 Full Baths, Lots of Natural Light, Oversized Laundry Room W/ Tons of Storage, Beautiful Kitchen, Spacious Solarium which can be Converted to a 3rd Bedroom and One Owned Parking Spot. Excellent Location, Within Easy Walking Distance To The Library, Wave Pool, A Park, And Local Restaurants!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N12759014
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Yonge and Major MacKenzie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,081/mo
Exposure
North West
Property tax
$2,603 / 2025
Days on market
163
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Bedroom 2Flat2.73 × 3.65 m

closet · hardwood floor

Dining RoomFlat3.60 × 7.26 m

combined w/living · hardwood floor · large window

SolariumFlat5.59 × 3.10 m

w/o to balcony · combined w/family · large window

LaundryFlat3.87 × 1.52 m

pantry · closet organizers

Living RoomFlat3.60 × 7.26 m

combined w/dining · hardwood floor · large window

BedroomFlat3.20 × 4.20 m

walk-in closet(s) · 4 pc ensuite · large window

KitchenFlat3.35 × 2.62 m

walk through · hardwood floor · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
Above comparables
$624Kest. value

Listed at $739,999, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $604K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $575K
  • Bedrooms −$30K
  • Adjusts to $545K

That comparable adjusts to $545K; the $624K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Alexander Mackenzie HS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Harding Blvd / Brillinger St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$586KGreat deal$740KOverpriced

Total price vs nearby homes. Fair value about $624K, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Harding · asking prices
$598kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

113-309 Major Mackenzie Drive$530k426-32 Clarissa Drive$750k913-175 Cedar Avenue$575k303-175 Cedar Avenue$615k513-309 Major Mackenzie Drive$520k

The 5 closest of 6 active listings nearby.

See all comparable homes
740kThis home530k750k575k615k520kThis home vs active comparables
Live market pulseActive comparables in Harding · median list $575K
$569this home / sqft
8active listings nearby
163days on market

This home lists 7% above the area average of $534/sqft.

148 days longer than the Richmond Hill average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Harding, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

80/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Harding Blvd / Brillinger St, about 83 m away

20+ transit stops7 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North Richvale
$701K
Observatory
$585K
Crosby
$511K
Langstaff
$541K
South Richvale
$573K

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ross Doan PS
80%
Ross Doan PSPublic · Elementary · JK-3 · 1.0 km awayAbove the GTA average · 80% meet the provincial standard

Affordability & Mortgage

Affordability
$3,373/mo
$159KIncome needed
4.7×Price ÷ income
$778Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

72%mortgage
Mortgage $3,373Property tax $217Condo fee $1,081Total carry $4,670

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,159per month

Mortgage amount $591,999 · 4.14% over 25 years

$148,000Down payment (20.0%)
$591,999Loan before insurance
$0CMHC premium
$4,457Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,159
Property tax
$217
Condo / maintenance fees
$1,081
Heating
$0
Estimated monthly cost
$4,457

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$11,275
Estimated closing costs
$11,275

Plus your down payment of $148,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,837/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$355,739Total interest paid
$947,738Total of all payments
Principal $591,999 Interest $355,739
YearPrincipalInterestBalance
1$13,868$24,041$578,131
2$14,449$23,461$563,682
3$15,053$22,857$548,629
4$15,683$22,227$532,947
5$16,339$21,571$516,608
6$17,022$20,888$499,586
7$17,734$20,176$481,852
8$18,476$19,434$463,376
9$19,249$18,661$444,128
10$20,054$17,856$424,074
11$20,893$17,017$403,181
12$21,766$16,143$381,415
13$22,677$15,233$358,738
14$23,625$14,284$335,112
15$24,614$13,296$310,499
16$25,643$12,266$284,855
17$26,716$11,194$258,140
18$27,833$10,076$230,306
19$28,998$8,912$201,309
20$30,210$7,699$171,098
21$31,474$6,435$139,624
22$32,791$5,119$106,833
23$34,162$3,747$72,671
24$35,591$2,318$37,080
25$37,080$830$0

At the end of your 5-year term

Total paid over the term
$189,548
Principal paid down
$75,391
Interest paid
$114,156
Balance remaining
$516,608

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
3.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.6%
Gross yield
− Property tax $2,603− Condo fees $12,969− Insurance $600− Vacancy & upkeep $5,412Net operating income $27,616

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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