$1,100,000

For sale

#718 8888 Yonge Street, Richmond Hill (South Richvale), Ontario, L4C5V6

3 bd2 ba1 pk650 ft²+$484/mo

Listed by CENTURY 21 HERITAGE GROUP LTD.

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For sale

15 days ago

$899K

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Listed by CENTURY 21 HERITAGE GROUP LTD.

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For sale

16 days ago

$643K

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Listed by CENTURY 21 HERITAGE GROUP LTD.

#1509W 3 Rosewater Street, Richmond Hill (South Richvale), Ontario, L4C5T6

For sale

19 days ago

$850K

#1509W 3 Rosewater Street, Richmond Hill (South Richvale), Ontario, L4C5T6

3 bd2 ba1 pk850 ft²+$847/mo

Listed by SUTTON GROUP-HERITAGE REALTY INC.

Investment analysis

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$1,100,000

Richmond Hill

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#1002 8888 Yonge Street, Richmond Hill (South Richvale) - Single Family for Sale

#1002 8888 Yonge Street, Richmond Hill (South Richvale), Ontario, L4C5V6

3 beds2 baths1 parking1,100 ft²$752/mo condo feeListed 16 days ago

Overview

This 3-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 1,100 sq ft of space. It has been on the market 16 days, fresher than the Richmond Hill average of 62 days.

Condos for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Welcome to Suite 1002 at 8888 Yonge Street, where modern luxury meets everyday convenience in the heart of Richmond Hill. This stunning corner unit offers approximately 1,097 sq. ft. of thoughtfully designed living space, featuring 2 bedrooms plus a den, 2 full bathrooms, and two private balconies. Expansive windows fill the home with natural light, creating a bright and airy atmosphere throughout. The contemporary kitchen features premium built-in appliances, quartz countertops, sleek cabinetry, and a spacious centre island, seamlessly connecting to the open-concept living and dining areas. Thoughtfully upgraded with custom-made closets, offering stylish and practical storage solutions throughout. The primary bedroom features a walk-in closet and direct balcony access, while the spacious second bedroom and versatile windowed den provide flexible living options. Ideally located along the vibrant Yonge Street corridor, minutes from shopping, restaurants, parks, Langstaff GO Station, and Highways 407, 404, and 7. A rare opportunity to own a beautifully upgraded corner residence combining style, space, and convenience! (id:66096)

Property Details

MLS®: N14095240
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Style: Multi-level
Basement: None
Heating: Electric, Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $752/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,744/yr
Listed: 16 days ago

Rooms

Flat

Living room: 4.29 x 3.56 meters
Kitchen: 4.29 x 3.56 meters
Primary Bedroom: 3.25 x 3.38 meters
Bedroom: 2.95 x 2.82 meters
Den: 2.54 x 2.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Cooktop, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Richmond Hill (South Richvale) listings, avg age

62d

Price / ft²

$1,000

List price

$1.10M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Richmond Hill (South Richvale) has been listed for 16 days, which is 46 days fresher than the city average of 62. Act while there is still low competition.

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Listed by HOUSESIGMA INC. · ELISE HU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $1,100,000, about 12.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 150% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$1,100,000· $1,000/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $85,000

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$312/mo

Condo fee$752/mo

Total monthly$6,691

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$18,475

Est. closing costs$5,800

Total cash needed$109,275

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