705-326 Major Mackenzie Drive, Richmond Hill, ON

Crosby, Richmond Hill · MLS® N14093566

$399,900
For Sale
Just listed todayNo offer date stated
2+1Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Bright & Spacious Two Bedroom Condo with Beautiful Western Garden Views.
  • Just Minutes to Yonge St, Richmond Hill GO, Transit, Hwy 404 & All Amenities.
  • Enjoy maintenance-free, resort-style living in this fantastic building featuring an indoor pool, gym, sauna, hot tub, tennis courts, party room, rooftop garden, guest...

Bright & Spacious Two Bedroom Condo with Beautiful Western Garden Views! Just Minutes to Yonge St, Richmond Hill GO, Transit, Hwy 404 & All Amenities! Enjoy maintenance-free, resort-style living in this fantastic building featuring an indoor pool, gym, sauna, hot tub, tennis courts, party room, rooftop garden, guest suites & an impressive grand lobby. ALL UTILITIES INCLUDED! This west-facing unit is flooded with natural sunlight and offers two generous bedrooms plus a versatile den, perfect for a home office, nursery, extra storage or private locker space. NEW laminate flooring throughout, updated bathroom, convenient in-suite laundry & underground parking included. Move in and enjoy or bring your own updates! Unbeatable location & lifestyle convenience in a prime Richmond Hill location with everything you need right at your doorstep!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14093566
Bedrooms
2+1 (3 total)
Bathrooms
1
Size
900-999 sq ft
Cross streets
Yonge & Major Mackenzie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,050/mo
Exposure
North West
Property tax
$1,769 / 2025
Listing brokerage
RE/MAX HALLMARK CHAY REALTY

Rooms

Dining RoomMain3.93 × 3.23 m

laminate · combined w/living

KitchenMain2.61 × 3.07 m

breakfast bar · eat-in kitchen

OtherMain0.50 × 2.01 m

Laminate

Bedroom 2Main3.03 × 4.66 m

window · laminate

Primary BedroomMain3.24 × 4.66 m

closet · window · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

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.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Crosby · asking prices
$402kavg asking

Nothing 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 $467/sqft; this home lists at $421/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
400kThis home393k356k519k340kThis home vs active comparables

Neighbourhood & location

Crosby, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Harding
$514K
North Richvale
$643K
Observatory
$550K
Langstaff
$518K
Rural Richmond Hill
$577K

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

Affordability
$1,823/mo
$97KIncome needed
4.1×Price ÷ income
$421Weekly cost
$4,474Land 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.

60%mortgage
Mortgage $1,823Property tax $147Condo fee $1,050Total carry $3,020

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,920 · 4.49% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,966Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$147
Condo / maintenance fees
$1,050
Heating
$0
Estimated monthly cost
$2,966

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

One-time closing costs

Ontario land transfer tax
$4,474
Estimated closing costs
$4,474

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,748Total interest paid
$530,668Total of all payments
Principal $319,920 Interest $210,748
YearPrincipalInterestBalance
1$7,139$14,087$312,781
2$7,463$13,763$305,317
3$7,802$13,424$297,515
4$8,157$13,070$289,359
5$8,527$12,700$280,832
6$8,914$12,313$271,918
7$9,319$11,908$262,599
8$9,742$11,485$252,857
9$10,184$11,043$242,673
10$10,647$10,580$232,026
11$11,130$10,097$220,896
12$11,635$9,591$209,261
13$12,164$9,063$197,097
14$12,716$8,511$184,381
15$13,293$7,933$171,088
16$13,897$7,330$157,191
17$14,528$6,699$142,664
18$15,187$6,039$127,476
19$15,877$5,350$111,599
20$16,598$4,629$95,001
21$17,351$3,875$77,650
22$18,139$3,087$59,511
23$18,963$2,264$40,548
24$19,824$1,403$20,724
25$20,724$503$0

At the end of your 5-year term

Total paid over the term
$106,134
Principal paid down
$39,088
Interest paid
$67,045
Balance remaining
$280,832

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.

Let's connect

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$3,050/mo
$36,600Gross annual rent
4.4%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.

9.2%
Gross yield
− Property tax $1,769− Condo fees $12,600− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,605

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK CHAY REALTY. MLS®/PropTx.

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