Unit 3, 7 Phelps Lane
Richmond Hill (Oak Ridges), ON L4E 1J4
- 3Bedrooms
- 3Bathrooms
- 1Parking
- 1200–1399Sq Ft
- $3,500Tax
- $372/moCondo Fee
Estimated Value:$706,500See Free Estimate Report
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About Unit 3, 7 Phelps Lane, Richmond Hill, Oak Ridges
Summarized Description
- Modern 3-bedroom, 3-bathroom condo townhome.
- Newly built in 2023 with contemporary design.
- Bright open-concept layout with floor-to-ceiling windows.
- Private terrace ideal for entertaining and relaxation.
- Upgraded hard vinyl flooring throughout the home.
- Conveniently located near shops, restaurants, and transit.
- Attached garage for added convenience.
- Potential for conversion into a 2-bedroom layout.
Welcome to The Bond on Yonge - a modern urban condo townhome community in the heart of Richmond Hill. This beautifully designed 3-bedroom, 3-full bathroom home offers stylish contemporary living in one of the city's most sought-after locations. Conversion into 2 Bed might be possible upon request. Built in 2023, this carpet free residence features a Bright OPEN-CONCEPT layout with stunning Floor to Ceiling Windows that fill the home with natural light. 9' Smooth ceilings throughout! Enjoy upgraded hard Vinyl flooring throughout, Modern finishes, and a sleep kitchen complete with Stainless steel Appliances. The spacious layout is ideal for families and professionals alike, offering comfortable bedrooms, functional living space, and the convenience of an attached garage. Step outside to an impressive private terrace on the third floor- perfect for entertaining, relaxing, or enjoying outdoor living. Located just minutes from Yonge street, Shops, Restaurants, parks, transit, Richmond Hill GO Station, and major highways including 404 and 407. A fantastic opportunity to own a newer home in a vibrant and highly desirable Richmond Hill Community.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,500
- Land Transfer Tax Fee
- $10,875
Condo/Maintenance Fee
- Maintenance Fee
- $372 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Carpet Free
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Terrace
- Accessibility Features
- Accessible Public Transit Nearby, Parking, Open Floor Plan
Building Amenities
- BBQs Allowed
- Visitor Parking
Building
- Building Type
- Condo Townhouse
- Building Style
- Stacked Townhouse
- Approx Age
- 0-5
- Condo Corp Number
- 1511
Construction
- Exposure
- North
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- All Existing Appliances and Light Fixtures.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 3
- Washrooms
- 3
- Kitchens
- 1
Room sizes
- Kitchen—Second level, Vinyl Floor, Quartz Counter, Stainless Steel Appl
- Bedroom 2—Third level, Vinyl Floor, Window Floor to Ceiling, Closet
- Bedroom 3—Second level, Vinyl Floor, W/O To Balcony, Closet
- Great Room—Second level, Vinyl Floor, Open Concept, Window Floor to Ceiling
- Primary Bedroom—Third level, Vinyl Floor, 4 Pc Ensuite, W/O To Balcony
Washrooms
- 3-piece, Second
- 3-piece, Third
- 4-piece, Third
- Municipality
- Richmond Hill
- Neighbourhood
- Oak Ridges
- Main cross streets
- Yonge St & King Rd
- Directions
- Yonge St & King Rd
- MLS® number
- N13745450
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-19
- Listed on
- 2026-09-03
- Days on market
- 46 days
- Possession type
- Immediate
- Co-op commission
- 2.5% & Many Thanks
- Seller
- Listed by
- SPECTRUM REALTY SERVICES INC.
Home Market Value
Current home valuation for Unit 3, 7 Phelps Lane, Richmond Hill, Oak Ridges, Richmond Hill, ON. Listed for $719,999
HOMEH Estimate
$706,500
Estimated Sales Range
$558,135 - $854,865
HOMEH Estimate for Unit 3, 7 Phelps Lane, Richmond Hill, Oak Ridges
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $219,999 over $500K
$47,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,899 | $20,088 | $17,136 | $0 |
=Total mortgage | $699,378 | $668,087 | $629,135 | $575,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,415monthly | $3,262monthly | $3,072monthly | $2,812monthly |
Land Transfer Tax
$10,875
$10,875
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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