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Listed 11 days ago

721 - 3 ELLESMERE Street

Langstaff, Richmond Hill

$399,999

Condo Apartment |
2 | 1 | 1 | 1
About this home

Welcome to The Gates of Bayview Glen, where this bright and beautifully maintained 7th-floor suite offers approximately 840 sq. ft. of thoughtfully designed living space, unobstructed northeast views and a fantastic 2-bedroom layout. One of its standout features is the spacious L-shaped living and dining area, providing a true separate dining space with plenty of room for a full dining table while still maintaining an open, airy feel. Large windows fill the suite with natural light, while the updated kitchen features a breakfast bar overlooking the main living area and direct access to the private balcony. Both bedrooms are impressively spacious, offering the flexibility for comfortable everyday living, guests or a proper work-from-home space without sacrificing a bedroom. Laminate flooring in the living and dining areas, excellent storage, one full bathroom, underground parking and a locker complete the package. Ideally located steps to Yonge Street and close to shopping, restaurants, parks and schools, with easy access to Hwy 407 and one bus to Finch Subway Station. Whether you're a first-time buyer, downsizer, professional or investor, this is a condo where the square footage works as well as the location. The photos tell part of the story. The layout might just seal the deal.

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size800-899 sq. ft.
Maintenance Fees$861
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,277
mls© NumberN13864742
Listed ByREMAX YOUR COMMUNITY REALTY
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,047
Property tax
$190
Heat allowance
$150
Condo fees, half counted
$430
Housing costs
$2,818 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $80,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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