RG11-398 Highway 7, Richmond Hill, ON
Doncrest, Richmond Hill · MLS® N14027668
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About this home
In short
- Welcome to Prestige Valley Meadows, where space, style and spectacular views come together in this impressive Lower Penthouse.
- Offering approximately 1,373 sq. ft. of interior living space and 1,529 sq. ft. total measured area including two balconies, this bright and spacious 3-bedroom...
Welcome to Prestige Valley Meadows, where space, style and spectacular views come together in this impressive Lower Penthouse. Offering approximately 1,373 sq. ft. of interior living space and 1,529 sq. ft. total measured area including two balconies, this bright and spacious 3-bedroom, 2-bathroom residence is surrounded by expansive windows, filling the suite with natural light and offering breathtaking panoramic views from virtually every corner. Enjoy two balconies, including a wraparound balcony, providing exceptional outdoor space for relaxing, entertaining and enjoying the beautiful open views. The thoughtfully designed layout features generous principal rooms, a spacious kitchen and excellent separation of living.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N14027668
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Bayview/Hwy 7
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $1,475/mo
- Exposure
- North East
- Property tax
- $4,700 / 2026
- Days on market
- 1
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
combined w/living · w/o to balcony · laminate
double sink · open concept · laminate
Walk-In Closet(s)
Closet
combined w/dining · w/o to balcony · laminate
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Doncrest, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $958,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,299
- Property tax
- $392
- Condo / maintenance fees
- $1,475
- Heating
- $0
- Estimated monthly cost
- $7,166
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,435
- Estimated closing costs
- $20,435
Plus your down payment of $239,600. 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
- $317,949
- Principal paid down
- $117,099
- Interest paid
- $200,851
- Balance remaining
- $841,301
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 CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.