208-40 Baif Boulevard, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13692750

$649,000
For Sale
Listed 61 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Fantastic Renovated 3 Bdrm condo 2 Car Parking close to 1400' that feels like a house (Big Balcony Feels Private by Tree Coverage).
  • Nicely Renovated Kitchen With A Center Island (Movable), Reno'd Baths, Huge Combined LR/Dr w/Laminate + Walk-Out to the Large Balcony, Large Bedrooms, Great Extra...

Fantastic Renovated 3 Bdrm condo 2 Car Parking close to 1400' that feels like a house (Big Balcony Feels Private by Tree Coverage)! Nicely Renovated Kitchen With A Center Island (Movable), Reno'd Baths, Huge Combined LR/Dr w/Laminate + Walk-Out to the Large Balcony, Large Bedrooms, Great Extra Storage in the Laundry Room, Neutral Laminate Floors, Pot Lights, Freshly Painted + Flat Ceilings Th'Out. Large Walk-In Closet PBR, Sunny, South Facing Unit, Newer Floors, Newer Dishwasher, Storage Locker. Unit Now Vacant... Move In When You Want!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13692750
Bedrooms
3
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Yonge/Baif
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,227/mo
Exposure
South
Property tax
$2,774 / 2026
Days on market
61
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 3Main4.35 × 2.80 m

laminate · picture window · double closet

Living RoomMain4.84 × 3.00 m

w/o to balcony · combined w/dining · open concept

Dining RoomMain3.80 × 3.70 m

combined w/living · laminate · open concept

Bedroom 2Main4.35 × 2.80 m

double closet · picture window · laminate

KitchenMain6.50 × 2.70 m

eat-in kitchen · centre island · renovated

Primary BedroomMain6.50 × 3.50 m

4 pc ensuite · walk-in closet(s) · broadloom

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in North Richvale · asking prices
$707kavg asking

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 $524/sqft; this home lists at $499/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
649kThis home650k680k699k800kThis home vs active comparables

Neighbourhood & location

North Richvale, 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.

Observatory
$550K
Harding
$514K
Langstaff
$524K
South Richvale
$553K
Crosby
$860K

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
$2,958/mo
$146KIncome needed
4.4×Price ÷ income
$683Weekly cost
$9,455Land 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.

67%mortgage
Mortgage $2,958Property tax $231Condo fee $1,227Total carry $4,416

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,871per month

Mortgage amount $519,200 · 4.49% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$4,329Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,871
Property tax
$231
Condo / maintenance fees
$1,227
Heating
$0
Estimated monthly cost
$4,329

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

One-time closing costs

Ontario land transfer tax
$9,455
Estimated closing costs
$9,455

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,475/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

$342,024Total interest paid
$861,224Total of all payments
Principal $519,200 Interest $342,024
YearPrincipalInterestBalance
1$11,586$22,863$507,614
2$12,112$22,337$495,501
3$12,662$21,787$482,839
4$13,237$21,212$469,602
5$13,838$20,611$455,763
6$14,467$19,982$441,297
7$15,123$19,325$426,173
8$15,810$18,639$410,363
9$16,528$17,921$393,835
10$17,278$17,171$376,557
11$18,063$16,386$358,494
12$18,883$15,566$339,611
13$19,740$14,709$319,870
14$20,637$13,812$299,234
15$21,574$12,875$277,660
16$22,553$11,896$255,107
17$23,577$10,872$231,530
18$24,648$9,801$206,882
19$25,767$8,682$181,115
20$26,937$7,512$154,178
21$28,160$6,289$126,019
22$29,438$5,011$96,580
23$30,775$3,674$65,805
24$32,172$2,277$33,633
25$33,633$816$0

At the end of your 5-year term

Total paid over the term
$172,245
Principal paid down
$63,437
Interest paid
$108,808
Balance remaining
$455,763

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$4,100/mo
$49,200Gross annual rent
4.0%Cap rate after taxes and upkeep

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.

7.6%
Gross yield
− Property tax $2,774− Condo fees $14,728− Insurance $600− Vacancy & upkeep $5,412Net operating income $25,686

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

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