1502W-3 Rosewater Street, Richmond Hill, ON
South Richvale, Richmond Hill · MLS® N13867030
About this home
In short
- Steps from the New Subway Station of the upcoming Yonge North Subway Extension, providing a fantastic opportunity for future appreciation, this prime corner suite in...
- The open-concept living and dining areas showcase 9-foot smooth-finished ceilings, oversized floor-to-ceiling windows, and wide-plank light flooring, complemented by...
Steps from the New Subway Station of the upcoming Yonge North Subway Extension, providing a fantastic opportunity for future appreciation, this prime corner suite in the heart of Richmond Hill features a stunning, sunlit 2-bedroom, 2-bathroom layout with unobstructed views and a practical split-bedroom design for maximum privacy. The open-concept living and dining areas showcase 9-foot smooth-finished ceilings, oversized floor-to-ceiling windows, and wide-plank light flooring, complemented by a modern kitchen equipped with quartz countertops, a stylish backsplash, and a functional center island with a breakfast bar. Additional highlights include a private open balcony, a generous secondary bathroom, in-suite laundry, an owned parking space, and an owned locker, all set in an unbeatable location just steps from local transit, Langstaff GO Station, Cineplex Plaza, shopping, restaurants, Walmart, LCBO, and top-rated schools.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13867030
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799 sq ft
- Cross streets
- Yonge St/N.Hwy7/S.Westwood Ln
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $770/mo
- Exposure
- North West
- Property tax
- $2,881 / 2026
- Days on market
- 14
- Listing brokerage
- RE/MAX EXCEL REALTY LTD.
Rooms
open concept · stainless steel appl · combined w/living
open concept · combined w/living
window · mirrored closet · 4 pc ensuite
open concept · w/o to balcony · combined w/dining
window · closet
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
South Richvale, Richmond Hill, ON
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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 20, 2026); conventional rates run a little higher.
Mortgage amount $398,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,203
- Property tax
- $240
- Condo / maintenance fees
- $770
- Heating
- $0
- Estimated monthly cost
- $3,213
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,435
- Estimated closing costs
- $6,435
Plus your down payment of $99,600. 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
- $132,169
- Principal paid down
- $48,677
- Interest paid
- $83,492
- Balance remaining
- $349,723
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.