$1,900/mo - 8888 Yonge Street Unit 427, Richmond Hill
Condo for Rent in Richmond Hill
Neighbourhood: South Richvale
- MLS Number
- N13447996
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Richmond Hill
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Exceptional one-year-new one-bedroom residence at the prestigious 8888 Yonge Street, offering a bright and contemporary urban living experience. This highly desirable wide and shallow layout maximizes functionality, featuring 485 square feet of well-designed interior space complemented by a 45 square foot private balcony.The sun-filled bedroom features oversized windows that enhance the suite's natural light and desirable south exposure, offering breathtaking, unobstructed views. High-end finishes throughout include soaring 9-foot ceilings, floor-to-ceiling windows, and premium laminate flooring.The gourmet kitchen is equipped with modern cabinetry and quality appliances, seamlessly flowing into the open-concept living area, alongside a sleek, designer bathroom.Conveniently located with Viva bus service directly at your doorstep, providing a quick 20-minute commute to Finch Subway Station. Just a short walk to Hillcrest Mall, grocery stores, boutique cafés, diverse dining options, and financial institutions.Enjoy easy access to Highway 407, Highway 404, and nearby GO Transit. Residents also benefit from a full range of impressive building amenities designed for a sophisticated and comfortable lifestyle. (Property is available for both Sale and Lease. The Seller/Landlord will proceed with the first acceptable offer received. Once a Sale or Lease is firm and confirmed, the alternate listing will be cancelled.)
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 427, 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
Competitive Rent
At $1,900/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Richmond Hill. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 0 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.