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For saleMLS® N14107644

2 - 7 Phelps Lane, Richmond Hill, ON L4E 1J4

Oak Ridges, Richmond Hill · Near Y O N G E St / B O N D Cres · View map

$725,000
3Beds
3Baths
1200–1399Sq ft
Condo townhouseType
$375/moMaint. fee
Built-In · 1 spaceGarage
1 totalParking
$4,546/yrTaxes
Call / Text Will
$725,000
Built-In garage1 parking space in total
Private terraceYour own outdoor space
Newer homeUp to 5 years old
Central airCool all summer
FireplaceCozy winters

About this home

Stylish and Chic 3-bedroom, 3-full-bath townhouse in a prestigious spot in Richmond Hill that offers the perfect blend of urban living andrelaxation. 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 the2nd and 3rd floors offer ample outdoor space for relaxation and entertainment. Head to the primary bedroom with its 3pc ensuite and balconyaccess. The owner spent 50,000 to add a main floor Bedroom with a full washroom and multiple upgrades. Laundry is conveniently located onthe upper floor. Nearby, discover parks, shops, fine restaurants, and esteemed schools like Academy for Gifted Children, with easy access toToronto, Gormely Go station, and major highways; commuting is a breeze. This property offers an excellent opportunity to own at a reasonableprice and experience living at its finest in the heart of Richmond Hill!

The home

Type
Condo townhouse
Style
2-Storey
Square footage
1200-1399 sq ft
Bedrooms
3
Bathrooms
3
Kitchens
1
Rooms
5
Basement
None
Faces
North
Level
2
Balcony
Terrace
Laundry
Ensuite
Approximate age
0-5 years

Ownership & fees

Ownership
Condominium
Maintenance fee
$374.90/mo
Fee includes
Common Elements, Parking
Complex
YRCP 1511
Property management
Percel Inc.
Pets
Allowed, with restrictions
Exterior
Brick, Stone

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Built-In
Garage spaces
1
Total parking
1

Taxes & other

Property taxes
$4,546/yr
Tax year
2026
Occupancy
Tenant
Possession
30-59 days
Cross street
Y O N G E St / B O N D Cres
Neighbourhood
Oak Ridges

More

Price per sq ft
~$558 (at 1,300 sq ft)
MLS® number
N14107644

The home and its surroundings

  • Carpet Free
  • Public Transit
  • Terraced
  • Library
  • Park
  • School

Included in the maintenance fee

  • Common Elements
  • Parking

Shared in the complex

  • BBQs Allowed
  • Rooftop Deck/Garden
  • Visitor Parking
Want to know something that isn’t listed?
Estimated monthly cost$3,678per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    7 Phelps Lane, Richmond Hill, ON L4E 1J4

    Oak Ridges, Richmond Hill · Near Y O N G E St / B O N D Cres

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    Sold history

    Listing history for 7 Phelps Lane

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 2 - 7 Phelps Lane

    Answers come straight from this home’s MLS® listing.

    How much is 2 - 7 Phelps Lane listed for, and what would it cost each month?

    2 - 7 Phelps Lane is listed for $725,000. With 20% down ($145,000), the mortgage payment would be roughly $2,924 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,678 a month, all in. That figure is an illustration, not a quote.

    Is 2 - 7 Phelps Lane freehold or a condo, and is there a monthly fee?

    2 - 7 Phelps Lane is a condo townhouse in Oak Ridges, Richmond Hill. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $374.90 a month. The listing says it covers common elements, parking. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 2 - 7 Phelps Lane have?

    2 - 7 Phelps Lane has 3 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.

    Does 2 - 7 Phelps Lane have a garage and parking?

    Yes. The listing shows the garage as built-in, with room for 1 car. In total the listing counts 1 parking space.

    Does 2 - 7 Phelps Lane have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 2 - 7 Phelps Lane?

    2 - 7 Phelps Lane is a condo townhouse. A condo townhouse is a townhouse in a condominium complex: you own the home and share the upkeep of the grounds and exterior through a monthly fee.

    How big is 2 - 7 Phelps Lane?

    The listing puts the home between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 2 - 7 Phelps Lane heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 2 - 7 Phelps Lane?

    Property taxes are $4,546 a year (2026), or about $379 a month.

    Are pets allowed at 2 - 7 Phelps Lane?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 2 - 7 Phelps Lane?

    2 - 7 Phelps Lane is in the Oak Ridges community of Richmond Hill. The nearest main intersection is Y O N G E St / B O N D Cres. The postal code is L4E 1J4.

    Is 2 - 7 Phelps Lane still for sale?

    Yes. It is an active listing (MLS® N14107644). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 2 - 7 Phelps Lane asking?

    Similar condos for sale nearby right now include TH 7 - 8 Sayers Lane at $788,000 (2 bed), 5 - 1 Bond Crescent at $529,900 (1 bed) and 25 - 189 Springhead Gardens at $729,999 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 7 Phelps Lane sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 2 - 7 Phelps Lane?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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