Lph6-73 King William Crescent, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13137182

$499,000
For Sale
Listed 63 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

1 + Den 710 Sqf, 9 feet ceiling, South west Facing Unit. Many Upgrades Included-Laminate In Living/Dining, Granite Countertops, S/S Appliances, Foyer Mirror Door * Good Layout W/ Walk-In Closet In Master * Fabulous Amenities - 24Hr Concierge, Party Room, Sauna, Exercise, Cardio & Yoga Room * Walking Distance To Transit, Shopping, Theatre, Parks, Schools & Yonge Street *

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13137182
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
Yonge/Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$639/mo
Exposure
South West
Property tax
$2,640 / 2025
Days on market
63
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Living RoomGround6.31 × 3.05 m

laminate · combined w/dining · open concept

Dining RoomGround6.31 × 3.05 m

laminate · combined w/living · open concept

Primary BedroomGround3.84 × 2.90 m

laminate · walk-in closet(s)

KitchenGround2.80 × 2.43 m

ceramic floor · granite counters

DenGround2.23 × 2.13 m

laminate · closet organizers

Moe’s TakeTeam Asgarian · Broker
In line
$548Kest. value

Listed at $499,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 35 similar homes nearby, adjusted for size, beds, and baths.Median of 35 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $590K, 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 $549K
  • Adjusts to $549K

That comparable adjusts to $549K; the $548K estimate above is the median of all 35 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.

The assigned public school is Red Maple PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Red Maple Rd / Bantry Av is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$496KGreat deal$599KOverpriced

Total price vs nearby homes. Fair value about $548K, median of 35 comparables.

Comparable listingsCurrently listed nearby in Langstaff · asking prices
$504kavg asking

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

PH12-23 Oneida Crescent$498k1103-330 Red Maple Road$496k1203-310 Red Maple Road$483k802-9201 Yonge Street$495k1202-11 Oneida Crescent$549k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home498k496k483k495k549kThis home vs active comparables
Live market pulseActive comparables in Langstaff · median list $549K
$666this home / sqft
76active listings nearby
63days on market

This home lists 9% below the area average of $731/sqft.

48 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

Langstaff, 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

76/ 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: Red Maple Rd / Bantry Av, about 148 m away

20+ transit stops5 grocery20+ dining20+ parks9 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.

South Richvale
$573K
Observatory
$585K
North Richvale
$701K
Doncrest
$523K
Harding
$515K

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 Red Maple PS
69%
Red Maple PSPublic · Elementary · JK-8 · 0.3 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$2,274/mo
$109KIncome needed
4.6×Price ÷ income
$525Weekly 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.

73%mortgage
Mortgage $2,274Property tax $220Condo fee $639Total carry $3,133

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)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,989Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$220
Condo / maintenance fees
$639
Heating
$0
Estimated monthly cost
$2,989

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$2,400/mo
$28,800Gross annual rent
3.0%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.

5.8%
Gross yield
− Property tax $2,640− Condo fees $7,668− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,724

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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