Very beautiful and completely upgraded corner unit with lots of sun light in living dinning and kitchen area. Upgraded laminate floors in living dinning area, surrounded by large windows; beautiful upgraded kitchen, with pot lights and nice appliances. Convenient in unit laundry; primary bedroom with walk-in closet, built-in vanity and 4 pc washroom. Very good layout and very well kept unit, no disappointments.
2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $508 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 40 Richview Rd #707
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
40 Richview Rd #707 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13025964$609,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 40 Richview Rd #707 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,996
/mo
based on the purchase price of $609,900
$121,980 cash
$487,920 financed
$410,957 total interest
Principal54%$487,920
Interest46%$410,957
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $610K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.8%On average, homes sold at or above asking.
Active listings13,060Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 9,409 sales from Jul 23 – Oct 21, 2026 (6,787 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 40 Richview Rd — plus its sale and lease history.
40 Richview Rd #707 is listed at $609,900 (MLS® W13025964). Summitly updates the price as soon as the MLS® record changes.
Is $609,900 a good price for 40 Richview Rd #707?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 40 Richview Rd #707 changed?
No — 40 Richview Rd #707 is still listed at its original asking price of $609,900.
How many bedrooms and bathrooms does 40 Richview Rd #707 have?
40 Richview Rd #707 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Toronto.
Is 40 Richview Rd #707 close to transit?
The nearest rapid-transit station is Weston GO Station (Kitchener GO, UP Express), about 1.7 km (about a 21-minute walk) in a straight line. Mount Dennis Station is about 2.3 km, and Keelesdale Station is about 3.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 40 Richview Rd #707?
About $2,996 a month — principal and interest on $609,900 with 20% down ($121,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 40 Richview Rd #707 compare with other homes in Toronto?
Its asking price of $609,900 is about 28% below the median sold price in Toronto over the last 90 days, $845,000, across 9,409 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 40 Richview Rd #707 been sold before?
Summitly has no earlier MLS® sale or lease of 40 Richview Rd #707 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 Richview Rd #707?
40 Richview Rd #707 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 Richview Rd #707 been on the market?
183 days — 40 Richview Rd #707 was listed on April 21, 2026.
What is the price per square foot of 40 Richview Rd #707?
About $436 to $508 per square foot: the asking price of $609,900 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 40 Richview Rd #707 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
