716-326 Major Mackenzie Drive, Richmond Hill, ON
Crosby, Richmond Hill · MLS® N13883406
About this home
In short
- Welcome to this bright and spacious 1-bedroom plus den suite in the heart of Richmond Hill.
- Offering approximately 769 sq. ft. of well-designed living space, this original-owner unit has been lovingly maintained and presents an excellent opportunity for...
- The functional open-concept layout features a welcoming foyer with double closet, a spacious living and dining area, and a practical kitchen with ample cabinetry and...
- Enjoy living in a well-managed building just steps to Richmond Hill GO Station, YRT transit, restaurants, shopping, grocery stores, parks, community centres...
- Move in and enjoy as is or personalize it over time to make it your own.
Welcome to this bright and spacious 1-bedroom plus den suite in the heart of Richmond Hill. Offering approximately 769 sq. ft. of well-designed living space, this original-owner unit has been lovingly maintained and presents an excellent opportunity for first-time buyers, downsizers, or investors looking to personalize a home to suit their own style.The functional open-concept layout features a welcoming foyer with double closet, a spacious living and dining area, and a practical kitchen with ample cabinetry and counter space. The versatile den is ideal for a home office, study, reading nook, or guest space, offering flexibility to suit today's lifestyle.The generously sized primary bedroom features a large closet and oversized window, while the full 4-piece bathroom and in-suite laundry add everyday convenience. Thoughtfully designed with plenty of storage throughout, this suite offers comfortable, low-maintenance living in a highly sought-after location.Enjoy living in a well-managed building just steps to Richmond Hill GO Station, YRT transit, restaurants, shopping, grocery stores, parks, community centres, Mackenzie Health, Richmond Hill Centre for the Performing Arts, and all the amenities along Major Mackenzie Drive and Yonge Street. Commuters will appreciate the quick access to Highway 404 and Highway 407.An excellent opportunity to own a well-maintained, original-owner suite in one of Richmond Hill's most convenient locations. Move in and enjoy as is or personalize it over time to make it your own.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13883406
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 700-799 sq ft
- Cross streets
- Yonge & Major Mackenzie
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $891/mo
- Exposure
- East
- Property tax
- $1,665 / 2026
- Days on market
- 10
- Listing brokerage
- EXP REALTY
Rooms
ceramic floor · b/i dishwasher · separate room
laminate · open concept · combined w/living
broadloom · his and hers closets · large window
laminate · closet
laminate · large window · separate room
laminate · open concept · combined w/dining
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.
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For sale
For sale
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For sale
For saleNothing 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 $508/sqft; this home lists at $454/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Crosby, Richmond Hill, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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 $272,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,504
- Property tax
- $139
- Condo / maintenance fees
- $891
- Heating
- $0
- Estimated monthly cost
- $2,534
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $3,575
- Estimated closing costs
- $3,575
Plus your down payment of $68,000. 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
- $90,236
- Principal paid down
- $33,233
- Interest paid
- $57,003
- Balance remaining
- $238,767
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 EXP REALTY. MLS®/PropTx.