907-8501 Bayview Avenue, Richmond Hill, ON
Doncrest, Richmond Hill · MLS® N13650980
About this home
In short
- A rare opportunity to own one of the largest and most functional floor plans in the building, offering exceptional space, comfort, and value.
- This beautifully maintained residence features a spacious 2-bedroom + large den layout with 2 full bathrooms and approximately 1,209 sq. ft. of thoughtfully designed...
- The bright, open-concept living and dining areas create an inviting space for both everyday living and entertaining.
- The primary bedroom features a walk-in closet and a private ensuite.
- Residents enjoy premium amenities including 24-hour concierge, outdoor pool, fitness centre, sauna, tennis and squash courts, party room, and ample visitor parking.
A rare opportunity to own one of the largest and most functional floor plans in the building, offering exceptional space, comfort, and value. This beautifully maintained residence features a spacious 2-bedroom + large den layout with 2 full bathrooms and approximately 1,209 sq. ft. of thoughtfully designed living space, plus a private balcony. The generously sized den can easily serve as a third bedroom, home office, or guest room-a significant advantage over many other layouts in the building. The bright, open-concept living and dining areas create an inviting space for both everyday living and entertaining. The eat-in kitchen offers ample cabinetry, generous counter space, and excellent functionality. The primary bedroom features a walk-in closet and a private ensuite. A separate oversized laundry room provides exceptional in-suite storage, a rare feature in condominium living. Maintenance fees include heat, hydro, water, cable TV, internet, and one underground parking space, providing outstanding value and predictable monthly expenses. Residents enjoy premium amenities including 24-hour concierge, outdoor pool, fitness centre, sauna, tennis and squash courts, party room, and ample visitor parking. Ideally located just minutes from shopping, restaurants, public transit, Highways 7, 404 & 407, Mackenzie Health, parks, and top-rated schools. Note: A temporary special assessment of $214.53/month is in effect until March 31, 2028. Upon completion, the monthly maintenance fee will be reduced effective April 1, 2028.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13650980
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Bayview Ave & Hwy 7
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete, Stucco (Plaster)
- Maintenance
- $1,415/mo
- Exposure
- North West
- Property tax
- $2,440 / 2026
- Days on market
- 70
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
Eat-in Kitchen
Large Window
Large Window
4 pc ensuite · walk-in closet(s) · w/o to balcony
Large Window
Large Window
Eat-in Kitchen
Listed at $599,000. Going by how homes in Doncrest and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $583K, if it sells. A realistic range is $549K to $630K.
Independent value check: $554K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $516K and $583K).
Why $554K. The typical condo sold in Doncrest over the past year went for about $518K (36 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,200 to 1,399 sq ft; the typical home sold here is 700 to 799.
- ▼ Lowers itIts maintenance fee is $1,415 a month; the typical unit sold here pays about $730.
- ▲ Raises it2+1 bedrooms and 2 baths, against 1.5+1 and 2 typically.
Longer on the market than typical. 70 days on the market against about 35 for homes like it here, and asking 8% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $583K, from 8 recent closings in this pocket.
The market behind the math:
About 4.9 months of inventory: 13 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $461/sqft against an area asking average of $605/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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $537K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($461/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 8 comparable homes that sold in Doncrest over the past two years, from 89 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $572/sqft; this home lists at $461/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Richmond Hill: $547K in September 2026, down 3% from a year ago, on 405 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Richmond Hill as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $535K | 35 |
| November 2025 | $546K | 36 |
| December 2025 | $540K | 21 |
| January 2026 | $510K | 17 |
| February 2026 | $580K | 29 |
| March 2026 | $595K | 33 |
| April 2026 | $535K | 47 |
| May 2026 | $550K | 43 |
| June 2026 | $510K | 40 |
| July 2026 | $560K | 33 |
| August 2026 | $500K | 39 |
| September 2026 | $547K | 32 |
Neighbourhood & location
Doncrest, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.
Mortgage amount $479,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,650
- Property tax
- $203
- Condo / maintenance fees
- $1,415
- Heating
- $0
- Estimated monthly cost
- $4,268
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Estimated closing costs
- $8,455
Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $158,975
- Principal paid down
- $58,549
- Interest paid
- $100,425
- Balance remaining
- $420,651
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 72 whole-home leases in Doncrest signed at a median of $2,891 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,461. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.