$520,000

For sale

#1107E 8868 Yonge Street, Richmond Hill (South Richvale) - Single Family for Sale

#1107E 8868 Yonge Street, Richmond Hill (South Richvale), Ontario, L4C1Z8

2 beds2 baths1 parking650 ft²$638/mo condo feeListed 110 days ago

Overview

This 2-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 650 sq ft of space. Listed at $520,000, it is attractively priced about 16% below the $618,000 median asking price in Richmond Hill.

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Description

*Bright, Spacious & Luxurious 1 Bedroom Suite W/Separate Den(Could Be 2nd Bedroom) 2 Full Baths, Approx 9 Foot Ceilings, Locker, Parking & Balcony W/Unobstructed Panoramic Views *Upgraded Custom Window Blinds & Beautiful Laminate Floors Throughout *Open Concept Living& Dining Area With Big Bright Window, Upgraded Blinds & Walkout To Balcony *Modern Kitchen W/Stainless Steel Appliances, Tiled Backsplash & Centre Island *Bright Primary Bedroom W/Custom, Upgraded Blinds, Double Closet & Full 4 Pc Ensuite Bathroom *Separate Den/2nd Bedroom With Sliding Frosted Glass Door & Steps To 3 Pc Bathroom *Great Suite, Building and Location, Location, Location *24 Hour Concierge, Friendly Staff & Great Facilities Include Party Room, Lounge, Rooftop Patio W/Sitting & BBQ Area, Gym, Basketball Court, Yoga Studio, Sauna, Dog Wash, Visitor Parking & Much More *Conveniently Located On Yonge Street, Walk To Everything You Would Need, Parks, Schools, Great Shopping, Restaurants, Movie Theatre, Entertainment, Easy Access To 407, 404 & Langstaff GO Station (id:66096)

Property Details

MLS®: N13577814
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: Other, See Remarks, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $638/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,440/yr
Listed: 110 days ago

Rooms

Main level

Foyer: 3.31 x 1.05 meters
Living room: 3.24 x 3.03 meters
Dining room: 3.24 x 3.03 meters
Kitchen: 3.86 x 2.84 meters
Primary Bedroom: 3.23 x 2.89 meters
Bathroom: 2.29 x 1.5 meters
Den: 3.02 x 2.58 meters
Bathroom: 2.58 x 1.73 meters
Laundry room: 0.95 x 0.94 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, Stove, Dryer, Microwave, Blinds
Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

110d

Richmond Hill (South Richvale) listings, avg age

62d

Price / ft²

$801

List price

$520K

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 2-bed single family in Richmond Hill (South Richvale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · FRANK DELUCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $520,000, about 6.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $101,574 (20% down, 25-yr amortization, stress-tested) — roughly 18% 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)

$520,000· $801/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $27,000

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,720 capitalized)

Property tax (est.)$203/mo

Condo fee$638/mo

Total monthly$3,575

Cash Needed to Close

Down payment (5.19%)$27,000

Land transfer tax$6,875

Est. closing costs$4,060

Total cash needed$37,935

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