$499,000
For sale: Apartment

Welcome to Grand Palace Condominiums, where contemporary style meets unbeatable convenience in one of Richmond Hill's most sought-after communities. This bright and beautifully designed 1-bedroom + Den condo offers an ideal opportunity for first-time buyers, young professionals, downsizers, or investors seeking a low-maintenance lifestyle in an exceptional location. Step inside to discover a thoughtfully designed open-concept layout featuring modern laminate flooring throughout the main living spaces, creating a warm and inviting atmosphere. The spacious kitchen offers plenty of cabinetry, generous prep space, and an efficient layout overlooking the living and dining area-perfect for entertaining or enjoying everyday living. The combined living and dining room is filled with natural light and provides seamless access to your private balcony, creating the perfect space to enjoy your morning coffee or unwind after a busy day. The generous primary bedroom features large windows, a double closet, and plenty of space for a king-sized bed and additional furnishings. The well-appointed 4-piece bathroom offers timeless finishes, while the convenient in-suite laundry adds everyday practicality and convenience. Situated along the prestigious Yonge Street corridor, this home places you within minutes of everything you need. Enjoy walking distance to Hillcrest Mall, grocery stores, cafés, restaurants, banks, pharmacies, and countless everyday conveniences. Nature lovers will appreciate nearby Richmond Green Sports Centre & Park, Mill Pond Park, and numerous walking and cycling trails, while families benefit from excellent public and private schools located throughout the neighbourhood. Commuters will love the easy access to Richmond Hill GO Station, VIVA Rapid Transit, York Region Transit, Highway 407, and Highway 7, making travel throughout the GTA quick and convenient.
Sold data
Apartment homes in Richmond Hill (North Richvale) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 64, across 104 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $539,000.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 104 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (North Richvale) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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