$439,000

For sale

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#NW 1004 9201 Yonge Street, Richmond Hill (Langstaff) - Single Family for Sale

#NW 1004 9201 Yonge Street, Richmond Hill (Langstaff), Ontario, L4C1H9

1 bed1 bath1 parking ft²

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Investment analysis

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$439,000

Richmond Hill

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Overview

This 1-bedroom, 1-bathroom condo in Richmond Hill is for sale offering roughly 550 sq ft of space. Listed at $439,000, it is attractively priced about 20% below the $549,000 median asking price in Richmond Hill. It has been on the market 15 days, fresher than the Richmond Hill average of 51 days.

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

Description

Own in Luxury Beverly Hills, Richmond Hill! An excellent opportunity for first-time buyers and investors. This 1-bedroom condo at 9201 Yonge St includes 1 parking space and resort-style amenities: 24-hour concierge, indoor pool, gym and sauna. Enjoy the convenience of the Viva YRT bus stop right at the building's corner, steps to Hillcrest Mall, shopping and restaurants, with easy access to TTC and Hwy 407. Benefit from Richmond Hill's established community, everyday conveniences and access to highly ranked schools. Book your private showing today! (id:66096)

Property Details

MLS®: N14101772
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $431/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,192/yr
Listed: 15 days ago

Market Timing

Days on market

15d

Richmond Hill (Langstaff) listings, avg age

51d

Price / ft²

$799

List price

$439K

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.

Area context

Neighbourhood profile (L4C)

This home lists at $439,000, about 5.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$439,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Property tax (est.)$183/mo

Condo fee$431/mo

Total monthly$2,926

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$5,255

Est. closing costs$3,817

Total cash needed$31,022

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#NW 1004 9201 Yonge Street, Richmond Hill (Langstaff) - Single Family for Sale

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