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    1607 - 40 Richview Rd

    $725,0002 bds2 ba1 pk499 sqft
    3 Days on Strata
    Est Sell Timeframe:
    32 Days
    $725,000
    2 Beds
    2 Bath
    1 Parking
    499 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $1,165/mth

    Taxes:

    $2,432 (2024)

    Cost Per Sqft:

    $1,453 - $1,816/sqft

    Outdoor Space:

    None

    Locker:

    Owned

    Exposure:

    South West

    Possession Date:

    To Be Determined

    Laundry:

    Main

    Amenities

    Car Wash
    Indoor Pool
    Guest Suites
    Security System
    Concierge
    Games Room
    Party Room
    Media Room
    Lap Pool
    Gym Room
    Visitor Parking
    Tennis Court

    About this Listing

    This spacious 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience, and modern luxury. Featuring brand-new flooring (2025) and freshly painted interiors, this unit exudes warmth and sophistication. The open-concept layout allows natural light to fill the space, creating a bright and inviting atmosphere. The sleek, modern kitchen is thoughtfully designed for both cooking and entertaining. The primary bedroom boasts a stunning ensuite, offering a private retreat within the home.Located close to shopping, schools, public transit, and a nearby park, this condo ensures that everything you need is within easy reach. The buildings exceptional amenities include a concierge service, a state-of-the-art gym, guest suites, a tennis court, and an indoor pool for year-round enjoyment. One dedicated parking space is also included for added convenience.This condo perfectly balances contemporary living with a prime location, making it an excellent choice for those seeking comfort and an active lifestyle.EXTRAS: All utilities are included in the maintenance fees.

    ExtrasStainless Steel: Fridge, Stove, Dishwasher.Washer/Dryer (New), Window Coverings & ELF'S.

    homelife kingsview real estate inc.MLS® #W12061818

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Open Concept, hardwood floor

    20.67 x 15.68ft

    Dining

    Open Concept, hardwood floor

    11.58 x 9.15ft

    Kitchen

    Open Concept, Modern Kitchen, Stainless Steel Appliances

    15.91 x 11.58ft

    Primary

    Walk-in Closet, 3 Piece Ensuite, hardwood floor

    16.18 x 11.16ft

    2nd Bedroom

    hardwood floor, Closet, Large Window

    12.66 x 11.58ft

    Laundry

    7.42 x 3.74ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Forest Hill South


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    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,192
    Average Individual Income
    $60,292
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $111,861
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    49%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Semi Detached
    12%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    11%
    Other
    10%
    Tagalog
    3%
    Tamil
    3%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    18%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Humanities
    7%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%


    Days on Strata

    Units at Humberview Heights Condos spend an average of
    57
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Forest Hill South

    Turnover of Units

    On average, each unit is owned for
    15.7
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 31 condos in the Forest Hill South area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Humberview Heights Condos offers the
    ?
    best value out of 31 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    Humberview Heights Condos has the
    ?
    highest ROI out of 31 condos in the Forest Hill South neighbourhood

    Rental Yield

    Humberview Heights Condos yields the
    ?
    highest rent prices out of 31 condos in the Forest Hill South neighbourhood

    High Demand

    Humberview Heights Condos is the
    ?
    most popular building out of 31 condos in the Forest Hill South neighbourhood

    Market Insights

    Transaction Insights at Humberview Heights Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$495,000No Data$625,000 - $708,000$605,000 - $680,000No Data$755,000
    Avg. Cost Per Sqft$487No Data$527$541No Data$461
    Avg. Wait for Unit Availability578 Days655 Days73 Days206 Days213 Days368 Days
    Ratio of Units in Building13%6%50%12%21%1%

    Market Inventory

    Total number of units listed and sold in Forest Hill South


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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