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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Langstaff. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $535,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to this stunning and rarely offered 2-level loft at 3 Ellesmere Street, ideally located in the highly sought-after Yonge & Bantry/Langstaff corridor of Richmond Hill. This bright and spacious 1-bedroom, 2-bathroom residence features a unique open-concept layout with soaring ceilings and expansive windows, filling the space with natural light and offering a true loft-style living experience. The main level showcases upgraded flooring and a modern kitchen with sleek quartz countertops, combining style and functionality for everyday living and entertaining. The generous living and dining area flows seamlessly, while the upper-level loft provides a private retreat complete with a full bathroom-perfect for added comfort and separation. Enjoy the rare bonus of two parking spaces and a locker, a standout feature in this prime location. Residents have access to excellent building amenities including a fitness centre, party/meeting room, visitor parking, and concierge service, enhancing both convenience and lifestyle. Steps to Yonge Street, Langstaff GO Station, and Viva transit, with easy access to Highways 7, 407, and 404, this location is ideal for commuters. Surrounded by top-rated schools, parks, restaurants, and shopping including Hillcrest Mall, everything you need is at your doorstep. An exceptional opportunity to own a stylish, functional loft in one of Richmond Hill's most connected and vibrant communities.
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Data-driven valuation for 3 Ellesmere Street 406, Richmond Hill, ON L4B 4N2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $535,000 in Richmond Hill, the legal minimum down payment is $28,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,175 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,175.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.