51 Waldron Crescent, Richmond Hill, ON

Oak Ridges, Richmond Hill · MLS® N13577850

$1,790/mo
For Lease
Just listed today
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Gorgeous Two Bedroom Basement Located In High Dement Oakridges, Richmond Hill, Recently Professionally Renovated , Smooth Ceiling , Laminate Floor, Freshly Painted , Open concept Kitchen With The Built in cooktop, New Stone Landscape, Lots Of Pot Light And More, High Ranking School, Walking Distance To Bus Stop & Hawys, Shopping Center.

Key facts

Property type
Detached, 2-Storey
MLS®
N13577850
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Bathurst / King Sd Rd
Parking
1 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,121/moest. value

Listed at $1,790/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Oak Ridges, so I widened the search to the surrounding area.

Based on 14 similar rentals nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2,250/mo
  • Adjusts to $2,250/mo

That comparable adjusts to $2,250/mo; the $2,121/mo estimate above is the median of all 14 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Newbridge Av / Grovewood St is about a 2-minute walk away.

List price
$1,257/moBelow market$2,250/moAbove market

Total price vs nearby homes. Fair value about $2,121/mo, median of 14 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.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2,580avg asking

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

A-lower unit-31 Oxford Street$2,2502-159 Richmond Street$2,4901-10088 Yonge Street$3,000

The 3 closest active listings nearby.

See all comparable homes
1,790This home2,2502,4903,000This home vs active comparables
Live market pulseActive comparables in Oak Ridges · median list $2K
12active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Oak Ridges, 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

48/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Newbridge Av / Grovewood St, about 170 m away

20+ transit stops3 grocery17 dining12 parks5 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.

Oak Ridges Lake Wilcox
$3K
Jefferson
$5K
Devonsleigh
$2K
Westbrook
$3K
Rural Richmond Hill
$4K

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 Kettle Lakes PS
82%
Kettle Lakes PSPublic · Elementary · JK-8 · 0.5 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.4×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $8Property tax $1Total carry $9

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)
$8per month

Mortgage amount $1,432 · 4.14% over 25 years

$358Down payment (20.0%)
$1,432Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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

One-time closing costs

Ontario land transfer tax
$9
Estimated closing costs
$9

Plus your down payment of $358. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$861Total interest paid
$2,293Total of all payments
Principal $1,432 Interest $861
YearPrincipalInterestBalance
1$34$58$1,398
2$35$57$1,364
3$36$55$1,327
4$38$54$1,289
5$40$52$1,250
6$41$51$1,208
7$43$49$1,166
8$45$47$1,121
9$47$45$1,074
10$49$43$1,026
11$51$41$975
12$53$39$923
13$55$37$868
14$57$35$811
15$60$32$751
16$62$30$689
17$65$27$624
18$67$24$557
19$70$22$487
20$73$19$414
21$76$16$338
22$79$12$258
23$83$9$176
24$86$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$459
Principal paid down
$182
Interest paid
$276
Balance remaining
$1,250

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.

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

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