108-75 Norman Bethune Avenue, Richmond Hill, ON

Beaver Creek Business Park, Richmond Hill · MLS® N13843102

$369,900
For Sale
Listed 18 days agoNo offer date stated

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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Bright South-Facing Ground-Floor One-Bedroom Suite.
  • Well maintained by the owners and thoughtfully refreshed in 2026.
  • Enjoy the convenience of ground floor living with no elevator needed, plus a convenient walk-out from the living room to the condo's beautifully landscaped common...
  • Recent 2026 updates include fresh paint throughout, vinyl flooring, and updated light fixtures in the kitchen, living room, bedroom and hallway.
  • Prime central Richmond Hill location, within walking distance to 10+ restaurants, banks, public transit and Highway 7.

Bright South-Facing Ground-Floor One-Bedroom Suite! Well maintained by the owners and thoughtfully refreshed in 2026. Enjoy the convenience of ground floor living with no elevator needed, plus a convenient walk-out from the living room to the condo's beautifully landscaped common garden/lawn area - a wonderful feature for pet lovers and those who enjoy greenery and outdoor space without own maintenance. Recent 2026 updates include fresh paint throughout, vinyl flooring, and updated light fixtures in the kitchen, living room, bedroom and hallway. Prime central Richmond Hill location, within walking distance to 10+ restaurants, banks, public transit and Highway 7. Just minutes drive to Highway 7 and Highway 404, offering convenient access to Richmond Hill, Markham and the surrounding GTA. An excellent opportunity for first-time home buyers, investors, retirees and pet lovers looking for a well-maintained home in a highly convenient location!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13843102
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Highway 7/ East Beaver Creek Road
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$598/mo
Exposure
South
Property tax
$1,946 / 2026
Days on market
18
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomFlat3.98 × 3.09 m

w/o to garden · vinyl floor · combined w/dining

Dining RoomFlat3.98 × 3.09 m

w/o to garden · combined w/living · vinyl floor

BedroomFlat3.20 × 3.87 m

w/o to garden · vinyl floor · south view

KitchenFlat3.18 × 2.42 m
Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Beaver Creek Business Park, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$1,686/mo
$84KIncome needed
4.4×Price ÷ income
$389Weekly cost
$4,024Land 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.

69%mortgage
Mortgage $1,686Property tax $162Condo fee $598Total carry $2,446

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)
$1,636per month

Mortgage amount $295,920 · 4.49% over 25 years

$73,980Down payment (20.0%)
$295,920Loan before insurance
$0CMHC premium
$2,396Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,636
Property tax
$162
Condo / maintenance fees
$598
Heating
$0
Estimated monthly cost
$2,396

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

One-time closing costs

Ontario land transfer tax
$4,024
Estimated closing costs
$4,024

Plus your down payment of $73,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,980/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

$194,938Total interest paid
$490,858Total of all payments
Principal $295,920 Interest $194,938
YearPrincipalInterestBalance
1$6,604$13,031$289,316
2$6,904$12,731$282,413
3$7,217$12,417$275,196
4$7,545$12,090$267,651
5$7,887$11,747$259,764
6$8,245$11,389$251,519
7$8,620$11,015$242,899
8$9,011$10,623$233,888
9$9,420$10,214$224,468
10$9,848$9,786$214,620
11$10,295$9,339$204,325
12$10,762$8,872$193,562
13$11,251$8,383$182,311
14$11,762$7,872$170,549
15$12,296$7,338$158,253
16$12,854$6,780$145,399
17$13,438$6,196$131,961
18$14,048$5,586$117,913
19$14,686$4,948$103,227
20$15,353$4,282$87,875
21$16,050$3,585$71,825
22$16,778$2,856$55,046
23$17,540$2,094$37,506
24$18,337$1,298$19,169
25$19,169$465$0

At the end of your 5-year term

Total paid over the term
$98,172
Principal paid down
$36,156
Interest paid
$62,016
Balance remaining
$259,764

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$1,700/mo
$20,400Gross annual rent
2.3%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.

5.5%
Gross yield
− Property tax $1,946− Condo fees $7,181− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,429

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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