$550,000

For sale

#510A 9088 Yonge Street, Richmond Hill (South Richvale) - Single Family for Sale

#510A 9088 Yonge Street, Richmond Hill (South Richvale), Ontario, L4C0Y6

2 beds2 baths1 parking950 ft²$895/mo condo feeListed 55 days ago

Overview

This 2-bedroom, 2-bathroom condo in Richmond Hill is for sale offering roughly 950 sq ft of space. Listed at $550,000, it is attractively priced about 11% below the $618,000 median asking price in Richmond Hill. It has been on the market 55 days, fresher than the Richmond Hill average of 63 days.

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Description

Welcome to this stunning 2-bedroom, 2-bathroom condo in the heart of Richmond Hill on vibrant Yonge Street. Offering 9-foot ceilings and dramatic floor-to-ceiling windows, this sun-filled south-facing suite is bathed in natural light throughout the day. The thoughtfully designed layout features a modern kitchen with sleek quartz countertops, ample cabinetry, and open-concept living and dining areas perfect for entertaining. Step out onto the large south-facing balcony complete with a BBQ gas line - ideal for outdoor dining and relaxing. The spacious primary bedroom includes a walk-in closet plus an additional closet for exceptional storage, along with a private ensuite bath. The second bedroom is generously sized, and the separate study area provides the perfect space for a home office or reading nook. Enjoy the convenience of 1 parking space and 1 locker, along with premium building amenities including an indoor pool, fully equipped gym, theatre room, guest suite, and 24-hour concierge service. Located in one of Richmond Hill's most sought-after communities, just steps to transit, shopping, dining, and everyday conveniences - this is condo living at its finest. (id:66096)

Property Details

MLS®: N13774610
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $895/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,427.09/yr
Listed: 55 days ago

Rooms

Flat

Kitchen: 2.7 x 3 meters
Bedroom 2: 3.16 x 2.5 meters
Living room: 6.6 x 3.7 meters
Primary Bedroom: 5.1 x 2.9 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, Stove, Dryer, Microwave, Window Coverings
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Richmond Hill (South Richvale) listings, avg age

63d

Price / ft²

$579

List price

$550K

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) has been listed for 55 days, which is 8 days fresher than the city average of 63. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · VAL CHITAC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $550,000, about 6.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$550,000· $579/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$286/mo

Condo fee$895/mo

Total monthly$4,064

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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