408-55 Oneida Crescent, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13790218

$589,000
For Sale
Listed 33 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
900-999Sq ft

About this home

In short

  • Beautiful, spacious 2-bedroom, 2-bathroom luxury suite in a convenient Richmond Hill location just off Yonge Street.
  • This large 815 sq. ft. unit offers a quiet exposure, 9-foot ceilings, floor-to-ceiling windows, and a functional split-bedroom layout with excellent use of space.
  • Move-in ready with a separate dining area/den, walk-in closet in the primary bedroom, granite countertops in the kitchen and bathrooms, frameless glass shower door...
  • Amazing amenities include an exercise room, yoga room, games room, guest suites, gym, theatre room, party room, community BBQ area, indoor pool, 24-hour concierge...

Beautiful, spacious 2-bedroom, 2-bathroom luxury suite in a convenient Richmond Hill location just off Yonge Street. This large 815 sq. ft. unit offers a quiet exposure, 9-foot ceilings, floor-to-ceiling windows, and a functional split-bedroom layout with excellent use of space. Balcony with quiet exposure overlooking green terrace, BBQs are allowed on the balcony. Move-in ready with a separate dining area/den, walk-in closet in the primary bedroom, granite countertops in the kitchen and bathrooms, frameless glass shower door, and 2 parking spaces. Walking distance to GO train/bus, Viva transit, shopping, and future subway, with casy access to major highways. Enjoy an impressive amenities centre in a well-managed building. Amazing amenities include an exercise room, yoga room, games room, guest suites, gym, theatre room, party room, community BBQ area, indoor pool, 24-hour concierge, rooftop decks and terraces, and plenty of visitor parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13790218
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Yonge & HWY 7
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$863/mo
Exposure
North
Property tax
$2,860 / 2025
Days on market
33
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomFlat3.71 × 3.13 m

w/o to balcony · walk-in closet(s) · 4 pc ensuite

Living RoomFlat3.34 × 2.99 m

laminate · w/o to balcony · open concept

Dining RoomFlat2.31 × 2.02 m

laminate · open concept

Bedroom 2Flat2.95 × 2.67 m

laminate · large window · closet

KitchenFlat2.67 × 2.27 m

stainless steel appl · granite counters · backsplash

Our TakeTeam Asgarian · Broker
A small discount is typical
$573Klikely sale price

Listed at $589,000. 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 $573K, if it sells. A realistic range is $540K to $620K.

Independent value check: $615K. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $573K and $647K).

Why $615K. The typical condo sold in Langstaff over the past year went for about $516K (162 sales). What sets this one apart:

  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $2,860 a year; the typical home sold here pays about $2,400.
  • ▲ Raises itIt is 900 to 999 sq ft; the typical home sold here is 700 to 799.
List price
$540KBelow recent closings$620KAbove recent closings

Total price vs nearby homes. Likely closing about $573K, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$515Kmedian sold price
97%of asking, on average
−5%prices vs a year ago
~36 dayshomes like this take to sell
33days on market so far
$3,146/moest. rent · 5 leases
6.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.3 months of inventory: 44 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 $620/sqft against an area asking average of $683/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 $573K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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

Based on 9 homes sold in this building over the past two years, from 335 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
$553K
Observatory
$550K
North Richvale
$643K
Doncrest
$570K
Harding
$514K

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
$2,684/mo
$130KIncome needed
4.5×Price ÷ income
$619Weekly cost
$8,255Land 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 $2,684Property tax $238Condo fee $863Total carry $3,786

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,605per month

Mortgage amount $471,200 · 4.49% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,707Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,605
Property tax
$238
Condo / maintenance fees
$863
Heating
$0
Estimated monthly cost
$3,707

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

One-time closing costs

Ontario land transfer tax
$8,255
Estimated closing costs
$8,255

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,153/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

$310,404Total interest paid
$781,604Total of all payments
Principal $471,200 Interest $310,404
YearPrincipalInterestBalance
1$10,515$20,749$460,685
2$10,993$20,272$449,692
3$11,492$19,772$438,200
4$12,013$19,251$426,187
5$12,559$18,705$413,628
6$13,129$18,135$400,499
7$13,725$17,539$386,774
8$14,348$16,916$372,425
9$15,000$16,264$357,425
10$15,681$15,583$341,744
11$16,393$14,871$325,351
12$17,137$14,127$308,214
13$17,915$13,349$290,298
14$18,729$12,535$271,570
15$19,579$11,685$251,990
16$20,468$10,796$231,522
17$21,398$9,867$210,125
18$22,369$8,895$187,756
19$23,385$7,879$164,371
20$24,446$6,818$139,925
21$25,556$5,708$114,368
22$26,717$4,547$87,651
23$27,930$3,334$59,722
24$29,198$2,066$30,524
25$30,524$740$0

At the end of your 5-year term

Total paid over the term
$156,321
Principal paid down
$57,572
Interest paid
$98,749
Balance remaining
$413,628

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 5 whole-home leases in Langstaff$3,146/mo
$37,752Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,768 to $3,523Typical rent range
~19 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 5 whole-home leases in Langstaff signed at a median of $2,540 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,146. 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 $2,860− Condo fees $10,357− Insurance $600− Vacancy & upkeep $4,153Net operating income $19,783

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

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