9471 Yonge Street Unit 315, Richmond Hill

Price: $459,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13861612

Discover stylish living at 9471 Yonge Street, Suite 315, in Richmond Hill's sought-after Xpression Condos. This move-in-ready one-bedroom, one-bathroom suite features soaring 10-foot ceilings and large windows that fill the open-concept interior with natural light. A contemporary kitchen with a centre island creates a welcoming space for everyday living and entertaining. Enjoy exceptional building amenities, including concierge service, a fitness centre, indoor pool, hot tub, sauna, theatre room, games room, guest suites, and a rooftop BBQ area. Located directly across from Hillcrest Mall, this condo places shopping, dining, and everyday essentials at your doorstep. Nearby parks, schools, community centres, arenas, and the David Dunlap Observatory offer plenty to explore. With YRT and Viva transit nearby and convenient access to Langstaff GO, Highway 7, and Highway 407, this home offers comfort and convenience in a prime Richmond Hill location.

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active
New Listing

$459,000 - 9471 Yonge Street Unit 315, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 2 days ago

Neighbourhood: Observatory

1Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
N13861612
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$1,975
Maintenance Fees
$641/mo
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Discover stylish living at 9471 Yonge Street, Suite 315, in Richmond Hill's sought-after Xpression Condos. This move-in-ready one-bedroom, one-bathroom suite features soaring 10-foot ceilings and large windows that fill the open-concept interior with natural light. A contemporary kitchen with a centre island creates a welcoming space for everyday living and entertaining. Enjoy exceptional building amenities, including concierge service, a fitness centre, indoor pool, hot tub, sauna, theatre room, games room, guest suites, and a rooftop BBQ area. Located directly across from Hillcrest Mall, this condo places shopping, dining, and everyday essentials at your doorstep. Nearby parks, schools, community centres, arenas, and the David Dunlap Observatory offer plenty to explore. With YRT and Viva transit nearby and convenient access to Langstaff GO, Highway 7, and Highway 407, this home offers comfort and convenience in a prime Richmond Hill location.

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Estimate your monthly payments for this property

Estimated Payment

$2,354.91/mo

Includes CMHC insurance ($12,806)

$
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5%10%50%

5-yr fixed avg.

Principal: $413,100Interest: $280,566
Mortgage Amount$425,906
Total Interest$280,566
Est. Property Tax$325/mo
Total Cost$706,472

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.

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Neighbourhood Guide: Observatory

Discover Observatory

Observatory 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 Observatory

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Observatory 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.

70
Walk Score
Varies
Price Range

9471 Yonge Street Unit 315, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$641
Property Tax (est.)-$325
Insurance (est.)-$96
Net Cash Flow+$738

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $918/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. The $641/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 500 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 Observatory

I know Observatory 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    9471 Yonge Street Unit 315, Richmond Hill | $459,000 | Battaglia Team