1 day on Market

7 Phelps Lane #Unit 1, Richmond Hill, Ontario L4E 1J4

In the same building:
-
Condo
2
3
~1200-1399 sqft
$898,000
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Condo
2
3
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$695/sqft

Est. Mortgage$3,857/mo

Maintenance fees$206/mo

Tax Amount (2024)$4,477/yr

Days On Market1 day


Description

Welcome to this Beautiful Nearly New End Unit Condo Townhome in Lovely Oak Ridges. This 1,315 Sq Ft plus 479 Sq Ft Exterior Unit Boasts Sophistication, Elegance and Luxury. This Home Features Custom Designed Kitchen with Stone Countertops, Built-In High End Upgraded Appliances, Smooth Ceilings, Floor to Ceiling Large Windows, 9 Foot Ceilings, Conveniently Located Laundry on Upper Floor, Custom Built In Storage Units, Custom Closet Organizers, its Own Private Garage, Gorgeous Private Rooftop Terrace and Much More! This End Unit is Filled with Natural Light with no Obstruction on one side, shows like a Semi-Detached Home. The Private Rooftop Terrace is an Entertainer's Dream, and has a Gas BBQ Hookup. A Large Utility Storage Room is also located on the Top Floor, along with a Custom Built in Cabinet for Additional Storage. Prime Location with Easy Access to Yonge St., Public Transit, Lake Wilcox, Parks and Trails.


Property Details

StyleStacked Townhse
View-
Age of property0-5
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberN11982573
Community NameOak Ridges
Data SourceTRREB
Listing byVANGUARD REALTY BROKERAGE CORP.

Features

Heating: Forced Air
Cooling: Central Air

3rd Floor

2nd Br

2.78 x 2.56

Closet Organizers / Window Flr to Ceil / Laminate

Prim Bdrm

3.38 x 2.62

Balcony / Closet Organizers / 3 Pc Ensuite


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 0

Total parking spaces 1


2Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 21, 2025
ListedActive
$898,000
1 day on market
history photo preview36
Listing by trreb®
Property listed by VANGUARD REALTY BROKERAGE CORP., Brokerage

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Market Data - Oak Ridges

Geo Zone Map ThumbnailOak Ridges

Seller's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

36 days

2023

0 day

2022

138 days

New Listings

Past 30 days

6 listings

Compared to

2024

6 listings

2023

0 listing

2022

1 listing

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$820,000

Compared to

2024

$867,000

2022

$893,888


Population and Demographics

Overview

Total population 22974
Average household income $160,739

Age (%)

0 to 19
26%
50 to 64
23%
35 to 49
23%
20 to 34
16%
65 and plus
12%

Household composition (%)

Single family
83%
Single person
13%
Multi person
2%
Multi family
2%

Mother tongue (%)

English
51%
Mandarin
11%
Iranian Persian
10%
Yue (Cantonese)
6%
Russian
6%
Italian
5%
Arabic
2%
Korean
1%
Spanish
1%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

Schools and amenities

Estimated Budget