$5,500/mo - 8888 Yonge Street Unit 1402, Richmond Hill
Condo for Rent in Richmond Hill
New — Listed 4 days agoNeighbourhood: South Richvale
- MLS Number
- N13696172
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- INSIDER CONDOS INC.
Stunning Penthouse at 8888 Yonge St offering 1,682 sq ft of elegant interior living space plus130 sq ft across two private balconies. Spacious 3-bedroom + den layout featuring three beautifully appointed bathrooms, including a 5-piece ensuite in the primary bedroom with walk-in closet, 4-piece ensuite in the second bedroom, and 3-piece ensuite in the third. Bright living/dining area opens to a north-facing balcony with beautiful views, while the primary bedroom features its own private west-facing balcony. Separate den with north-facing views is ideal for a home office or intimate entertainment space. Convenient dedicated laundry room with washer/dryer. Offered fully furnished or unfurnished to suit your needs. Includes 2 parking spaces and 1 locker. A rare penthouse offering exceptional space, privacy, views and outdoor living in a highly desirable Yonge Street location.
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 1402, Richmond Hill
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $5,500/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Richmond Hill. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
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.