For sale

This one's priced in line with recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Richmond Hill · York Region · Oak Ridges

7 Phelps Lane, Unit 2

Condo Townhouse

MLS® #N14107644

Listed for$725,0001 day on market

3 bed 3 bath 1 parking 1200-1399 sq ft~$558/sq ft

New this week
2 schools within 1 km
Transit stop ~100 m

Free · about 10 seconds

Is $725,000 a fair price?

Our read: it’s priced in line with recent comparable sales — based on 10 sales nearby. Sign in free to see the full range comparable homes sold in.

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Measured against 10 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$4,127/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

2 schools within ~1 km · nearest transit stop ~0.1 km

Property information

What townhouse buyers ask first

Ownership: Condo · $375/mo fee
Fee includes: Parking
Square footage: 1200-1399 sq ft
Parking: 1 space · Built-In
Property tax: $4,546 / yr
Age: ~0-5 years old

Property summary

Property type: Condo Townhouse
Style: 2-Storey
Approx. age: 0-5 years
Parking: 1 space · Built-In
Heating: Forced Air
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Brick, Stone
Property tax: $4,546 / yr
MLS®: N14107644

Room dimensions

Dining Roomcombined w/living, vinyl floor

Second0.0 × 0.0 m

Bathroom3 Pc Bath

Second0.0 × 0.0 m

Bedroom 3large window, closet

Second0.0 × 0.0 m

Bathroom3 pc bath, closet

Third0.0 × 0.0 m

Living Roomcombined w/dining, vinyl floor, w/o to balcony

Second0.0 × 0.0 m

Primary Bedroom3 pc ensuite, w/o to balcony, closet

Third0.0 × 0.0 m

Kitchencentre island, eat-in kitchen

Second0.0 × 0.0 m

Bedroom 2large window, vinyl floor

Third0.0 × 0.0 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Att/Row/Townhouse

$699,000

Below recent sales

15 Old Colony Road, Unit 2

3 bed · 3 bath·1500-2000 sq ft·2 parking

Richmond Hill · York Region

Listed 14 days ago · Sutton Group-Admiral Realty Inc.

Detached

$1,288,000

Below recent sales

81 Old Colony Road

4+1 bed · 4 bath·2000-2500 sq ft·6 parking

Richmond Hill · York Region

Listed 7 days ago · Right At Home Realty

Listing states: renovated

Detached

$1,548,800

In line with recent sales

162 Estate Garden Drive

4 bed · 3 bath·2500-3000 sq ft·6 parking

Richmond Hill · York Region

Listed 8 days ago · RE/MAX Realtron Realty Inc.

Listing states: renovated

Detached

$1,680,000

Above recent sales

92 Bond Crescent

3+2 bed · 3 bath·1100-1500 sq ft·6 parking

Richmond Hill · York Region

Listed 2 days ago · RE/MAX Realtron Realty Inc.

Detached

$4,498,000

Above recent sales

48 Maple Grove Avenue N

5 bed · 5 bath·5000 + sq ft·10 parking

Richmond Hill · York Region

Listed 8 days ago · Aimhome Realty Inc.

Detached

$1,150,000

28 Lake Avenue

2+1 bed · 2 bath·700-1100 sq ft·6 parking

Richmond Hill · York Region

Listed 1 day ago · RE/MAX Hallmark Realty Ltd.

The numbers that matter

Maintenance fee: $375/mo
Property tax: $4,546/yr
Est. all-in: ~$4,127/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Academy for Gifted Children, The (PACE)Private · Elementary & Secondary · ..0.2 km
Académie de la MorainePublic · Elementary · French · CS Viamonde1.0 km
Bond Lake Public SchoolPublic · Elementary & Secondary · York Region DSB1.2 km
ACCESS ProgramPublic · Secondary · York Region DSB1.3 km
Eureka MontessoriPrivate · Elementary & Secondary · ..1.4 km
Our Lady of the Annunciation Catholic Elementary SchoolCatholic · Elementary & Secondary · York CDSB1.4 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Yonge Street / Estate Garden DriveNearest transit · Bus stop~100 m
GormleyNearest GO / rail · GO / regional rail~4.5 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Richmond Hill

$1.1MMedian sold

33Median days on market

98.2%Sale-to-list

Median sold price · Richmond Hill1-yr -9% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Richmond Hill

202,022Population (2021)

43.6Median age

$102,000Median household income

78.2%Home owners

21.8%Renters

2.9Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Stylish and Chic 3-bedroom, 3-full-bath townhouse in a prestigious spot in Richmond Hill that offers the perfect blend of urban living andrelaxation. Step inside and feel the natural light flooding through floor-to-ceiling windows, smooth 9-ft ceilings, elegant Oak staircases, and sleek,beautiful vinyl flooring. Enjoy entertaining on your private, remarkable rooftop with stunning views. The rooftop terrace and two balconies on the2nd and 3rd floors offer ample outdoor space for relaxation and entertainment. Head to the primary bedroom with its 3pc ensuite and balconyaccess. The owner spent 50,000 to add a main floor Bedroom with a full washroom and multiple upgrades. Laundry is conveniently located onthe upper floor. Nearby, discover parks, shops, fine restaurants, and esteemed schools like Academy for Gifted Children, with easy access toToronto, Gormely Go station, and major highways; commuting is a breeze. This property offers an excellent opportunity to own at a reasonableprice and experience living at its finest in the heart of Richmond Hill!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by AIMHOME REALTY INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.