Ph13-75 King William Crescent, Richmond Hill, ON
Langstaff, Richmond Hill · MLS® N14032524
About this home
In short
- Rare Penthouse Opportunity Offering 625 Sq.
- Of Functional Living Space With Desirable 9' Ceilings And SpectacularUnobstructed North-West Views.
- This Bright 1-Bedroom Suite Features An Open-Concept Layout, A Spacious Kitchen With Quartz Countertopswith all full size Stainless Steel Appliances And Breakfast...
- Conveniently Located In The Heart Of RichmondHill, Close To Hillcrest Mall, Restaurants, Parks, Transit, GO Station, Hwy 407 And Hwy 404.
Priced To Sell! Rare Penthouse Opportunity Offering 625 Sq. Ft. Of Functional Living Space With Desirable 9' Ceilings And SpectacularUnobstructed North-West Views. This Bright 1-Bedroom Suite Features An Open-Concept Layout, A Spacious Kitchen With Quartz Countertopswith all full size Stainless Steel Appliances And Breakfast Bar, Plus A Private Balcony Perfect For Enjoying Stunning Sunsets. Includes OneParking Space And One Locker. An Excellent Opportunity For First-Time Buyers or Investors!! Conveniently Located In The Heart Of RichmondHill, Close To Hillcrest Mall, Restaurants, Parks, Transit, GO Station, Hwy 407 And Hwy 404. Exceptional Value For A Penthouse Unit In A HighlySought-After Community.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N14032524
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Yonge/Bantry
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $581/mo
- Exposure
- North West
- Property tax
- $2,464 / 2026
- Days on market
- 1
- Listing brokerage
- SKYLETTE MARKETING REALTY INC.
Rooms
combined w/living · open concept · laminate
closet · ceramic floor
breakfast bar · open concept · laminate
closet · large window · broadloom
combined w/dining · w/o to balcony · laminate
Listed at $399,000. Going by how homes in Langstaff and the wider GTA have actually closed against their asking prices (about 97%, 31 local closings in 90 days), the likely sale price is near $388K, if it sells. A realistic range is $366K to $420K.
Independent value check: $448K. Without looking at the asking price, our model values the home itself about 12% above the ask (homes like it typically land between $416K and $470K).
Why $448K. The typical condo sold in Langstaff over the past year went for about $516K (162 sales). What sets this one apart:
- ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
Total price vs nearby homes. Likely closing about $388K, from 31 recent closings in this pocket.
The market behind the math:
About 4.9 months of inventory: 51 condo apartment homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $614/sqft against an area asking average of $717/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 31 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $460K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 11 homes sold in this building over the past two years, from 333 closings in Langstaff.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $676/sqft; this home lists at $614/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Langstaff: $573K in September 2026, level with a year ago, on 159 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $532K | 20 |
| November 2025 | $528K | 18 |
| December 2025 | $530K | 5 |
| January 2026 | $465K | 7 |
| February 2026 | $510K | 10 |
| March 2026 | $615K | 10 |
| April 2026 | $488K | 21 |
| May 2026 | $520K | 15 |
| June 2026 | $520K | 13 |
| July 2026 | $525K | 16 |
| August 2026 | $499K | 15 |
| September 2026 | $573K | 9 |
Neighbourhood & location
Langstaff, Richmond Hill, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 16, 2026); conventional rates run a little higher.
Mortgage amount $319,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,765
- Property tax
- $205
- Condo / maintenance fees
- $581
- Heating
- $0
- Estimated monthly cost
- $2,551
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,460
- Estimated closing costs
- $4,460
Plus your down payment of $79,800. 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
- $105,895
- Principal paid down
- $39,000
- Interest paid
- $66,894
- Balance remaining
- $280,200
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 numbersThe last 479 whole-home leases in Langstaff signed at a median of $2,463 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,303. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SKYLETTE MARKETING REALTY INC.. MLS®/PropTx.