$528,000 - 8868 Yonge Street Unit 1801, Richmond Hill
Condo for Sale in Richmond Hill
New — Listed 4 days agoNeighbourhood: South Richvale
- MLS Number
- N13519204
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Experience the exclusive penthouse advantage at Westwood Gardens (8868 Yonge St). This stunning 1+1 unit features soaring 10ft smooth ceilings-a luxury architectural upgrade exclusive to the penthouse level, maximizing volume, light, and modern elegance. The bright open-concept layout flows seamlessly to a private balcony, offering an airy, quiet sanctuary far above the noise. Cook in style in the contemporary kitchen with premium stainless steel appliances and under-cabinet lighting. Relax in the ultra-spacious primary bedroom, or utilize the spacious enclosed den as a private executive office or reading lounge. Enjoy peaceful, top-floor luxury alongside resort-style building amenities: an indoor basketball court, a professional gym, rooftop terrace, party room, pet spa room, and 24hr concierge. An ideal match for downsizers or those buying their first home. You'll love the stress-free commute with quick access to Highways 7 and 407, and both GO Transit and Viva stations close by. Enjoy a lifestyle of convenience with premier shopping, fine dining, and parks at your doorstep. This is elevated urban living at its finest. Parking, Locker and High Speed Internet is included.
Estimate your monthly payments for this property
Estimated Payment
$2,708.91/mo
Includes CMHC insurance ($14,731)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover South Richvale
South Richvale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in South Richvale
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
South Richvale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
8868 Yonge Street Unit 1801, Richmond Hill
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $880/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About South Richvale
I know South Richvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,200 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.