Ph6-22 Clarissa Drive, Richmond Hill, ON

Harding, Richmond Hill · MLS® N13421352

$549,000
For Sale
Listed 103 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Rare Opportunity To Own A Luxury Penthouse Suite In The Heart Of Richmond Hill's Prestigious Gibraltar Condos Built By Tridel.
  • This Beautifully Appointed 1 Bedroom + Den Unit Boasts Spectacular Unobstructed West Views, High Quality Laminate Floors Throughout, Open Concept Living & Dining...
  • Extensively Updated Throughout - Freshly Painted With Smooth Ceilings (Popcorn Removed) And Newly Installed 1000 CFM Hood Range.
  • Maintenance Fee Includes All Utilities Plus Bell 1.5GB Fibre Internet & Cable TV With Premium Packages - One Of The Best Value Maintenance Fees In The Area.
  • 3-Minute Walk To Clarissa GO/Viva Bus Stop, 5 Minutes To Richmond Hill GO Station, Walking Distance To Multiple Grocery Stores, T&T Supermarket, Hillcrest Mall...

Rare Opportunity To Own A Luxury Penthouse Suite In The Heart Of Richmond Hill's Prestigious Gibraltar Condos Built By Tridel. This Beautifully Appointed 1 Bedroom + Den Unit Boasts Spectacular Unobstructed West Views, High Quality Laminate Floors Throughout, Open Concept Living & Dining Bathed In Natural Light, And A Versatile Den That Can Be Used As A Second Bedroom Or Home Office. Extensively Updated Throughout - Freshly Painted With Smooth Ceilings (Popcorn Removed) And Newly Installed 1000 CFM Hood Range. Ensuite Laundry For Added Convenience. Maintenance Fee Includes All Utilities Plus Bell 1.5GB Fibre Internet & Cable TV With Premium Packages - One Of The Best Value Maintenance Fees In The Area. One Underground Parking Included. World-Class Amenities: Indoor & Outdoor Pools, Tennis & Squash Courts, Exercise Room, Party Room, Movie Theatre, Outdoor BBQ Area, 24Hr Gatehouse Security & Guest Suites. 3-Minute Walk To Clarissa GO/Viva Bus Stop, 5 Minutes To Richmond Hill GO Station, Walking Distance To Multiple Grocery Stores, T&T Supermarket, Hillcrest Mall, MacKenzie Health Hospital, Library & Top-Ranked Schools. Minutes To Highways 7 & 407. Pets Allowed - No Dogs. Experience True Luxury Penthouse Living At Its Finest - Nothing To Do But Move In!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13421352
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
900-999 sq ft
Cross streets
Yonge/ Weldrick
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$850/mo
Exposure
West
Property tax
$2,313 / 2026
Days on market
103
Listing brokerage
T-ONE GROUP REALTY INC.,

Rooms

Primary BedroomFlat4.19 × 3.13 m

laminate · walk-in closet(s) · large window

Living RoomFlat6.29 × 3.28 m

laminate · open concept

DenFlat3.86 × 3.24 m

laminate · open concept

KitchenFlat4.01 × 2.69 m

laminate · quartz counter · pot lights

Dining RoomFlat6.29 × 3.28 m

laminate · large window · combined w/living

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$470Kautomated estimate, from recent sales

Listed at $549,000. Recent sales of homes like it put this one around $470K, so the ask is about 17% above what similar homes have sold for.

If it sells at this ask, expect about $522K, typically $522K to $531K: that is where homes here have closed against their asks in the last 90 days (7 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

Longer on the market than typical. 103 days on the market against about 29 for homes like it here, and asking 17% above where comparable closings put it.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$437KBelow recent closings$549KAbove recent closings

Total price vs nearby homes. Fair value about $470K, learned from recent GTA sales.

The market behind the math:

7sold nearby · 90 days
$522Kmedian sold price
95%of asking, on average
−10%prices vs a year ago
~20 dayshomes like this take to sell
103days on market so far
$2,669/moest. rent · 84 leases
5.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.4 months of inventory: 8 condo apartment homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $578/sqft against an area asking average of $579/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $532K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Alexander Mackenzie HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($578/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 10 homes sold in this building over the past two years, from 79 closings in Harding.

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.

Nearby neighbourhoods

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

North Richvale
$683K
Observatory
$577K
Crosby
$444K
Langstaff
$523K
South Richvale
$562K

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 Walter Scott PS
55%
Walter Scott PSPublic · Elementary · JK-8 · 1.6 km awayBelow the GTA average · 55% meet the provincial standard
Our Lady Queen Of The WorldEQAO results not published
Also nearby: 12 more schools within 2.5 km
Ross Doan Public School · Public elementary1.0 km · 80% at standard
Sixteenth Avenue Public School · Public elementary1.2 km · 70% at standard
St Charles Garnier Catholic Elementary School · Catholic elementary1.6 km · 82% at standard
St Anne Catholic Elementary School · Catholic elementary1.6 km · 87% at standard
Roselawn Public School · Public elementary1.8 km · 74% at standard
St John Paul II Catholic Elementary School · Catholic elementary2.2 km · 82% at standard
Charles Howitt Public School · Public elementary2.2 km · 74% at standard
Bayview Secondary School · Public secondary2.2 km · 93% at standard
Bayview Hill Elementary School · Public elementary2.2 km · 88% at standard
Red Maple Public School · Public elementary2.2 km · 69% at standard
O M MacKillop Public School · Public elementary2.3 km · 60% at standard
Pleasantville Public School · Public elementary2.3 km · 80% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,502/mo
$121KIncome needed
4.5×Price ÷ income
$577Weekly cost
$7,455Land transfer tax, one-time (Ontario)
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.

71%mortgage
Mortgage $2,502Property tax $193Condo fee $850Total carry $3,545

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,404per month

Mortgage amount $439,200 · 4.39% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,447Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,404
Property tax
$193
Condo / maintenance fees
$850
Heating
$0
Estimated monthly cost
$3,447

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

One-time closing costs

Ontario land transfer tax
$7,455
Estimated closing costs
$7,455

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,913/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

$282,020Total interest paid
$721,220Total of all payments
Principal $439,200 Interest $282,020
YearPrincipalInterestBalance
1$9,939$18,910$429,261
2$10,380$18,469$418,882
3$10,840$18,008$408,041
4$11,321$17,527$396,720
5$11,824$17,025$384,896
6$12,349$16,500$372,548
7$12,897$15,952$359,651
8$13,469$15,380$346,182
9$14,067$14,782$332,115
10$14,691$14,158$317,424
11$15,343$13,506$302,080
12$16,024$12,825$286,056
13$16,735$12,113$269,321
14$17,478$11,371$251,843
15$18,254$10,595$233,589
16$19,064$9,785$214,525
17$19,910$8,939$194,615
18$20,794$8,055$173,821
19$21,717$7,132$152,105
20$22,680$6,168$129,424
21$23,687$5,162$105,738
22$24,738$4,111$80,999
23$25,836$3,013$55,163
24$26,983$1,866$28,180
25$28,180$668$0

At the end of your 5-year term

Total paid over the term
$144,244
Principal paid down
$54,304
Interest paid
$89,940
Balance remaining
$384,896

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
From 84 whole-home leases in Harding$2,669/mo
$32,028Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,535 to $2,802Typical rent range
~15 daysTo find a tenant, on average

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

Talk about the numbers

The last 84 whole-home leases in Harding signed at a median of $2,883 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,669. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.8%
Gross yield
− Property tax $2,313− Condo fees $10,204− Insurance $600− Vacancy & upkeep $3,523Net operating income $15,388

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of T-ONE GROUP REALTY INC.,. MLS®/PropTx.

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