307-73 King William Crescent, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13589528

$428,000
For Sale
Listed 86 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to Suite 307 located in 73 King William Cres. in the heart of Richmond Hill.
  • Situated in one of the area's most sought-after neighbourhoods, this beautifully maintained suite offers 670 sq. ft. of bright, functional living space with a smart...
  • The sun-filled living area flows seamlessly to an oversized 85 sq. ft. private balcony with tranquil views- the perfect spot to enjoy your morning coffee or unwind at...
  • The primary bedroom features a large walk-in closet and direct balcony access, creating a peaceful retreat with plenty of natural light.
  • Enjoy low maintenance fees and the benefits of living in a well-managed building with excellent amenities (complete exercise room, sauna, 2 party rooms, billiards...

Welcome to Suite 307 located in 73 King William Cres. in the heart of Richmond Hill! This beautifully designed one-bedroom condo delivers it all. Situated in one of the area's most sought-after neighbourhoods, this beautifully maintained suite offers 670 sq. ft. of bright, functional living space with a smart open-concept layout designed for comfort and convenience. Step inside to a welcoming foyer with large closet space, laminate flooring throughout, leading into a spacious kitchen complete with stainless steel appliances, a Caesarstone kitchen countertop, a Carrara marble backsplash & marble vanity countertop, complete with an eat in breakfast bar. The sun-filled living area flows seamlessly to an oversized 85 sq. ft. private balcony with tranquil views- the perfect spot to enjoy your morning coffee or unwind at the end of the day. The primary bedroom features a large walk-in closet and direct balcony access, creating a peaceful retreat with plenty of natural light. Included with the unit are one underground parking space and one locker for added storage and convenience. Enjoy low maintenance fees and the benefits of living in a well-managed building with excellent amenities (complete exercise room, sauna, 2 party rooms, billiards room and guest suites!), 24-hour Security/Concierge that accept mail and packages. Just steps from Yonge Street, Langstaff GO Station, shopping, restaurants, parks, schools, and everyday essentials, this location truly has it all. An exceptional opportunity for first-time buyers, downsizers, or savvy investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13589528
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge Street/Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$619/mo
Exposure
South
Property tax
$2,174 / 2025
Days on market
86
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Dining RoomMain6.60 × 3.00 m

laminate · combined w/living

Living RoomMain6.60 × 3.00 m

laminate · w/o to balcony · combined w/dining

KitchenMain2.40 × 2.40 m

ceramic floor · breakfast bar · ceramic backsplash

Primary BedroomMain3.80 × 2.90 m

laminate · w/o to balcony · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$416Klikely sale price

Listed at $428,000. Going by how homes in Langstaff and the wider GTA have actually closed against their asking prices (about 97%, 31 local closings in 90 days), the likely sale price is near $416K, if it sells. A realistic range is $392K to $451K.

Independent value check: $435K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $405K and $457K).

Why $435K. The typical condo sold in Langstaff over the past year went for about $516K (162 sales). What sets this one apart:

  • ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,174 a year; the typical home sold here pays about $2,400.
List price
$392KBelow recent closings$451KAbove recent closings

Total price vs nearby homes. Likely closing about $416K, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$550Kmedian sold price
97%of asking, on average
+0%prices vs a year ago
~36 dayshomes like this take to sell
86days on market so far
$2,299/moest. rent · 444 leases
6.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.9 months of inventory: 51 condo apartment homes for sale in the area against 31 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 $659/sqft against an area asking average of $716/sqft.

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 31 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $440K. 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 5 homes sold in this building over the past two years, from 333 closings in Langstaff.

Sold price trend

Median sold price for condos in Langstaff: $573K in September 2026, level with a year ago, on 159 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$532K20
November 2025$528K18
December 2025$530K5
January 2026$465K7
February 2026$510K10
March 2026$615K10
April 2026$488K21
May 2026$520K15
June 2026$520K13
July 2026$525K16
August 2026$499K15
September 2026$573K9

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.

Nearby neighbourhoods

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

South Richvale
$520K
Observatory
$552K
North Richvale
$633K
Doncrest
$578K
Harding
$509K

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) →

Affordability & Mortgage

Affordability
$1,951/mo
$95KIncome needed
4.5×Price ÷ income
$450Weekly cost
$5,035Land 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 $1,951Property tax $181Condo fee $619Total carry $2,751

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,893per month

Mortgage amount $342,400 · 4.49% over 25 years

$85,600Down payment (20.0%)
$342,400Loan before insurance
$0CMHC premium
$2,693Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,893
Property tax
$181
Condo / maintenance fees
$619
Heating
$0
Estimated monthly cost
$2,693

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

One-time closing costs

Ontario land transfer tax
$5,035
Estimated closing costs
$5,035

Plus your down payment of $85,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,291/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

$225,557Total interest paid
$567,957Total of all payments
Principal $342,400 Interest $225,557
YearPrincipalInterestBalance
1$7,641$15,077$334,759
2$7,988$14,730$326,771
3$8,351$14,368$318,421
4$8,730$13,989$309,691
5$9,126$13,592$300,565
6$9,540$13,178$291,025
7$9,974$12,745$281,051
8$10,426$12,292$270,625
9$10,900$11,818$259,725
10$11,395$11,324$248,330
11$11,912$10,806$236,418
12$12,453$10,265$223,965
13$13,018$9,700$210,947
14$13,609$9,109$197,338
15$14,227$8,491$183,110
16$14,873$7,845$168,237
17$15,549$7,170$152,688
18$16,255$6,464$136,434
19$16,993$5,726$119,441
20$17,764$4,954$101,677
21$18,571$4,148$83,106
22$19,414$3,304$63,692
23$20,295$2,423$43,397
24$21,217$1,501$22,180
25$22,180$538$0

At the end of your 5-year term

Total paid over the term
$113,591
Principal paid down
$41,835
Interest paid
$71,756
Balance remaining
$300,565

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 444 whole-home leases in Langstaff$2,299/mo
$27,588Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,184 to $2,414Typical rent range
~20 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 444 whole-home leases in Langstaff signed at a median of $2,425 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,299. 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.

6.4%
Gross yield
− Property tax $2,174− Condo fees $7,428− Insurance $600− Vacancy & upkeep $3,035Net operating income $14,351

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

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