$1,529,000 - 8888 Yonge Street Unit 1001, Richmond Hill
Condo for Sale in Richmond Hill
New — Listed 2 days agoNeighbourhood: South Richvale
- MLS Number
- N13604876
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Richmond Hill
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Brand New Luxury Builder Inventory at 8888 Yonge Street! Welcome to Unit 1001, an exceptional 3 Bedroom + Den, 3 Bathroom residence offering 1,884 Sq.Ft. of luxurious interior living space plus an impressive 215 Sq. Ft. private outdoor terrace, all with a desirable South exposure. Situated in the heart of Richmond Hill at Yonge St. & Hwy7, this premier location offers easy access to Highways 7, 407 & 404, Langstaff GO Station, Richmond Hill Centre Transit Terminal, VIVA, TTC, shopping, restaurants, parks, entertainment, medical facilities, and top-rated public and private schools. Thoughtfully designed with spacious principal rooms, this spectacular suite features afunctional layout with 3 generous bedrooms plus a den, one 5-piece ensuite, two 3-piecebathrooms, and abundant natural light throughout. One underground parking space is included. Locker available for purchase ($5,000) and additional parking available (subject to availability) for $50,000.Enjoy an outstanding collection of luxury amenities including a fully equipped fitness centre, yoga studio, elegant party room, private dining room, billiards room, children's club, pet spa, meeting room, bike storage, and a beautifully landscaped rooftop terrace featuring outdoor BBQ areas and lounge seating. Residents also benefit from the building's Rogers bulk internet package, with internet available for approximately $26/month. Maintenance for an optional locker is approximately$13.65/month, and Rogers parking connectivity for an additional parking space is approximately$45/month. Direct purchase from the Builder. Builder's lawyer Agreement of Purchase and Sale required(builder forms only). Eligible for New Housing HST Rebate (subject to CRA eligibility).Attractive Vendor Take-Back (VTB) financing available, subject to builder approval. An outstanding opportunity to own a spacious luxury residence in one of Richmond Hill's most desirable and rapidly growing communities.
Estimate your monthly payments for this property
Estimated Payment
$6,763.28/mo
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.
8888 Yonge Street Unit 1001, Richmond Hill
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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 $849/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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Richmond Hill. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.