701-73 King William Crescent, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13813268

$429,000
For Sale
Listed 27 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Suite 701 at The Gates of Bayview Glen III offers a smart entry point into ownership in one of Richmond Hill's most established boutique condo communities.
  • The unit takes in a beautiful, unobstructed north view over Bayview Glen and has been well cared for, with new light fixtures, a new fridge (2024), laminate flooring...
  • The building sits in the Langstaff neighbourhood, close to Red Maple Public School, Charles Howitt Public School, and Langstaff Secondary School, with St John Paul II...
  • Langstaff GO Station is just a 5 minute drive or a 15 minute walk, offering train service to Union Station, and Highway 407 and Highway 7 are both close by for easy...
  • Big box shopping is only 2 minutes away, with Home Depot, Staples, The Brick, Walmart, and Canadian Tire all within reach, plus Hillcrest Mall, local parks, and a...

Suite 701 at The Gates of Bayview Glen III offers a smart entry point into ownership in one of Richmond Hill's most established boutique condo communities. The unit takes in a beautiful, unobstructed north view over Bayview Glen and has been well cared for, with new light fixtures, a new fridge (2024), laminate flooring throughout in place of carpet, potlights in the bedroom, and built in shelving in the closets. Full size kitchen appliances and an in suite washer and dryer round out the everyday convenience.The building sits in the Langstaff neighbourhood, close to Red Maple Public School, Charles Howitt Public School, and Langstaff Secondary School, with St John Paul II Catholic Elementary also nearby. Langstaff GO Station is just a 5 minute drive or a 15 minute walk, offering train service to Union Station, and Highway 407 and Highway 7 are both close by for easy access across the GTA. Big box shopping is only 2 minutes away, with Home Depot, Staples, The Brick, Walmart, and Canadian Tire all within reach, plus Hillcrest Mall, local parks, and a range of restaurants nearby.Building amenities include a party room, billiards room, gym, yoga studio, meeting room, guest suite, concierge, and on site management, along with plenty of visitor parking. The common areas are currently being refreshed, giving the new owner even more to look forward to.Suite 701 offers a practical 1 bedroom, 1 bathroom layout across approximately 625SQFT, with 1 underground parking space and 1 storage locker included.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13813268
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge St & Bantry Ave
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$581/mo
Exposure
North
Property tax
$2,056 / 2025
Days on market
27
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Primary BedroomFlat0.00 × 0.00 m

laminate · walk-in closet(s) · laminate

KitchenFlat0.00 × 0.00 m

stainless steel appl · open concept · centre island

FoyerFlat0.00 × 0.00 m

closet · laminate

Living RoomFlat0.00 × 0.00 m

north view · open concept · w/o to balcony

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 Langstaff · asking prices
$439kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $676/sqft; this home lists at $661/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
429kThis home428k435k438k445k448kThis home vs active comparables

Neighbourhood & location

Langstaff, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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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
$1,955/mo
$94KIncome needed
4.5×Price ÷ income
$451Weekly cost
$5,055Land 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.

72%mortgage
Mortgage $1,955Property tax $171Condo fee $581Total carry $2,707

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)
$1,898per month

Mortgage amount $343,200 · 4.49% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$2,650Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,898
Property tax
$171
Condo / maintenance fees
$581
Heating
$0
Estimated monthly cost
$2,650

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

One-time closing costs

Ontario land transfer tax
$5,055
Estimated closing costs
$5,055

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,297/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

$226,084Total interest paid
$569,284Total of all payments
Principal $343,200 Interest $226,084
YearPrincipalInterestBalance
1$7,659$15,113$335,541
2$8,007$14,765$327,535
3$8,370$14,401$319,165
4$8,750$14,021$310,415
5$9,147$13,624$301,267
6$9,563$13,209$291,705
7$9,997$12,774$281,708
8$10,451$12,321$271,257
9$10,925$11,846$260,332
10$11,421$11,350$248,910
11$11,940$10,831$236,971
12$12,482$10,289$224,489
13$13,049$9,723$211,440
14$13,641$9,130$197,799
15$14,261$8,511$183,538
16$14,908$7,863$168,630
17$15,585$7,186$153,045
18$16,293$6,479$136,752
19$17,032$5,739$119,720
20$17,806$4,966$101,915
21$18,614$4,157$83,300
22$19,459$3,312$63,841
23$20,343$2,429$43,498
24$21,266$1,505$22,232
25$22,232$539$0

At the end of your 5-year term

Total paid over the term
$113,857
Principal paid down
$41,933
Interest paid
$71,924
Balance remaining
$301,267

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.

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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$2,050/mo
$24,600Gross annual rent
2.9%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.

5.7%
Gross yield
− Property tax $2,056− Condo fees $6,970− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,268

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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