For Sale
Just Listed
7 Phelps Lane 16 #16
Oak Ridges, Richmond Hill, ON
$719,900
2Bd
3Ba
1,300+sqft
1Parking
$554/sqft
Condo TownMLS# N13131216Listed 2026-05-140 DOM
Cooling
Central Air
Just listed! New listings in Richmond Hill often receive offers within the first week.
About this home
The Perfect End Unit Townhome In Richmond Hill Backing Onto Ravine 2 Years New* Soaring 9 Ft Ceilings On Main & Second Floor* Smooth Ceilings Throughout* All New Flooring Throughout* Pot lights* All New Light Fixtures Throughout* All Spacious Bedrooms* Primary Bedroom W/ Breathtaking Views Of Ravine Including 4 Pc Ensuite & Ample Closet Space* Second Floor Laundry* Open Concept Living & Dining* Floor To Ceiling Windows* Kitchen Featuring Large Centre Island* Granite Counters* All Stainless Steel Appliances* Tons Of Cabinet Space* Breakfast Area W/ Beautiful Walk Out To Your Own Private Terrace *Enjoy Morning Coffee W/ Breathtaking Views Of Green-space Massive Rooftop Terrace W/ Gas BBQ Hook Up*The Property is located near Top-Ranked Schools,Parks,Restaurants, and Public Transport
Ravine
Rooms
Main Floor
| Kitchen | 7.05 × 5.11 m | Modern Kitchen Granite Counters |
| Dining Room | 3.79 × 3.61 m | W/O To Balcony Open Concept |
Second Floor
| Primary Bedroom | 4.36 × 3.23 m | Large Window 3 Pc Ensuite |
| Bedroom 2 | 3.32 × 2.58 m | W/O To Balcony Large Window |
Features
- Carpet Free
- None
- Central Air
- 2-Storey
Financials
Annual Taxes
$4,621
Estimated Rental Income
Entire property$2,600 – $3,500/mo
Rental yield4.3% – 5.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Richmond Hill
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Richmond Hill. Data updates daily.
Demographics — Richmond Hill
Population
202,022
Avg Household Income
$115,000
Age Distribution
0-19
20%
20-34
17%
35-49
22%
50-64
22%
65+
19%
Ownership81% own · 19% rent
EnglishMandarinCantoneseFarsiRussian
Our estimate for this home
Estimated range
$705K – $819K
Mid-point $762K · ~$586/sqft
How this listing compares
$705KList · $720K$819K
High confidence·Based on 64 richmond hill comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
72
/ 100
Walk Score
Very Walkable
63
/ 100
Transit Score
Good Transit
47
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
You may also like
More homes in Richmond Hill
Hand-picked listings with a similar price range and style.
For Sale8 days ago
$568,800
Condo Town
est. $2,494/mo
1 Bond Crescent 5 #5, Oak Ridges
Richmond Hill, ON
1 bd
1 ba
550
1
MLS# N13096364Re/Max Realty Services Inc.
For Sale15 h ago
$784,900
Condo Town
est. $3,441/mo
81 Northern Heights Drive, Langstaff
Richmond Hill, ON
3 bd
3 ba
1,300
2
MLS# N13130874Right At Home Realty
For Sale15 h ago
$799,900
Condo Town
est. $3,507/mo
260 Avenue Road 9 #9, North Richvale
Richmond Hill, ON
3 bd
3 ba
1,500
2
MLS# N13130780Century 21 Kennect Realty
For Sale3 months ago
$769,000
Condo Town
est. $3,371/mo
2 Steckley House Lane 924 #924, Rural Richmond Hill
Richmond Hill, ON
2 bd
3 ba
1,300
1
MLS# N12827636Homelife/Miracle Realty Ltd