13 days on market
$859,000
For Sale

7 Phelps Lane, Unit #2

Oak Ridges, Richmond Hill

3+null Bed|3 Bath|Yes|13 days on market

$859,000

Buy with Dwelly and Save $8,590

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Home Details

Maintenance
$259 / month
Taxes
$186 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
N
Move-in Date
NA
Building Age
0-5 Years
Locker
None
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Upper
Exterior
Brick, Stone
Property Type
Condo Townhouse
Style
2-Storey
Status
New
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Listing Description

Stylish and Chic 3-bedroom, 3-full-bath townhouse in a prestigious spot in Richmond Hill that offers the perfect blend of urban living and relaxation. 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 the 2nd and 3rd floors offer ample outdoor space for relaxation and entertainment. Head to the primary bedroom with its 3pc ensuite and balcony access. The owner spent 50,000 to add a main floor Bedroom with a full washroom and multiple upgrades. Laundry is conveniently located on the upper floor. Nearby, discover parks, shops, fine restaurants, and esteemed schools like Academy for Gifted Children, with easy access to Toronto, Gormely Go station, and major highways; commuting is a breeze. This property offers an excellent opportunity to own at a reasonable price and experience living at its finest in the heart of Richmond Hill! (Listing photos were taken while the property was vacant)
5 Appliances - All ELF

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Aug 20, 202513$3,050N/ANewN12356808
Sep 5, 202437$3,150$3,150LeasedN9301892
Aug 23, 202453$879,000N/ASuspendedN9267919
May 22, 202319$3,100$3,100LeasedN6026612

Rooms

Room dimensions for 7 Phelps Lane, Unit #2, Richmond Hill
Living
0 x 00 sqft
Dining
0 x 00 sqft
Kitchen
0 x 00 sqft
3rd Br
0 x 00 sqft
Bathroom
0 x 00 sqft
Primary
0 x 00 sqft
2nd Br
0 x 00 sqft
Bathroom
0 x 00 sqft

Building Amenities

Bbqs Allowed
Rooftop Deck/Garden
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 7 Phelps Lane2 is 4679

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$859000
Down Payment$171800
Mortgage Insurance$0
Total Mortgage$687200

Monthly Payment


Mortgage Payment$4235
Property Taxes$186
Maintenance Fees$259
Monthly Payment$4679
$4679
monthly

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About 7 Phelps Lane, Unit #2, Richmond Hill

Located at 7 Phelps Lane Unit #2, this Richmond Hill condo is available for sale. This property was listed for $859,000 on Thu Aug 21 2025. This condo's size is 1200-1399 Sqft. It has 3 bedrooms and 3 bathrooms. Monthly maintenance is $259 per month and taxes are approximately $2,227 annually. Views are to the North from this property. Step outside onto the open balcony. The property's amenities include Bbqs Allowed, Rooftop Deck/Garden, Visitor Parking. The property includes the following rooms: Living, Dining, Kitchen, 3rd Br, Bathroom, Primary, 2nd Br, Bathroom. This property comes with 1 parking spots. This property also comes with a locker. 7 Phelps Lane, Richmond Hill is situated in the Oak Ridges neighbourhood.


MLS#: N12356800 · $859,000 · 3 bedroom condo in Oak Ridges, Richmond Hill