8501 Bayview Avenue, Unit 7, Richmond Hill, ON

$599,000
MLS#:N13650980
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Doncrest. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $599,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

A rare opportunity to own one of the largest and most functional floor plans in the building, offering exceptional space, comfort, and value. This beautifully maintained residence features a spacious 2-bedroom + large den layout with 2 full bathrooms and approximately 1,209 sq. ft. of thoughtfully designed living space, plus a private balcony. The generously sized den can easily serve as a third bedroom, home office, or guest room-a significant advantage over many other layouts in the building. The bright, open-concept living and dining areas create an inviting space for both everyday living and entertaining. The eat-in kitchen offers ample cabinetry, generous counter space, and excellent functionality. The primary bedroom features a walk-in closet and a private ensuite. A separate oversized laundry room provides exceptional in-suite storage, a rare feature in condominium living. Maintenance fees include heat, hydro, water, cable TV, internet, and one underground parking space, providing outstanding value and predictable monthly expenses. Residents enjoy premium amenities including 24-hour concierge, outdoor pool, fitness centre, sauna, tennis and squash courts, party room, and ample visitor parking. Ideally located just minutes from shopping, restaurants, public transit, Highways 7, 404 & 407, Mackenzie Health, parks, and top-rated schools. Note: A temporary special assessment of $214.53/month is in effect until March 31, 2028. Upon completion, the monthly maintenance fee will be reduced effective April 1, 2028.

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Property Summary

This condo apartment located at 8501 Bayview Avenue, Richmond Hill is currently for sale and has been available on SousaSells for 3 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 8501 Bayview Avenue, Richmond Hill is in the Doncrest neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Doncrest, Richmond Hill.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Richmond Hill.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Stucco (Plaster)
BasementNone
CountyYork
Annual Tax$2,439.93

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

  • Clear View
  • Park
  • Public Transit
  • Ravine

Interior Features

  • Auto Garage Door Remote
  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 8501 Bayview Avenue, Unit 7, Richmond Hill, ON

Q.What is the asking price for 8501 Bayview Avenue, Unit 7, Richmond Hill, ON ?

The current listing price for 8501 Bayview Avenue, Unit 7, Richmond Hill, ON in Doncrest, Richmond Hill is $599,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 8501 Bayview Avenue, Unit 7, Richmond Hill, ON ?

8501 Bayview Avenue, Unit 7, Richmond Hill, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 8501 Bayview Avenue, Unit 7, Richmond Hill, ON offer?

Key property features include: Clear View, Park, Public Transit, Ravine.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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8501 Bayview Avenue, Unit 7, Richmond Hill, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8501 Bayview Avenue 907, Richmond Hill, ON L4B 3J7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate4.00%
Down Payment$179,700 (30.0%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period30 Years
Estimated Monthly Payment$1,994Based on a loan of $419,300 over 30 years.
Purchase Price$599,000
Loan Amount$419,300
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Richmond Hill, ON

For a property listed at $599,000 in Richmond Hill, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

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Doncrest, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Doncrest, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,177,839

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Doncrest, Richmond Hill

Elementary Schools

Christ the King
Public329 Valleymede Drive, Richmond Hill, Ontario, L4B 2E1
8.9
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
Doncrest
PublicRichmond Hill, Ontario
8.3
Red Maple
Public155 Red Maple Road, Richmond Hill, Ontario, L4B 4P9
6.7

Secondary Schools

Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5

Doncrest, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.