9600 Yonge Street Unit PH05, Richmond Hill

Price: $710,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13837142

Rarely available Top Floor Penthouse Suite offering luxury living in the heart of Richmond Hill. This sun-drenched corner unit features soaring 10-Foot high ceiling clearance and floor to ceiling windows. The gourmet kitchen boasts granite countertops, a custom server, additional upper cabinetry, and stainless steel appliances. Designed for ultimate versatility, the enclosed den features a built-in Murphy bed/wardrobe with access to a 2nd bath functioning seamlessly as a private 2ndbedroom or executive office. Closets throughout provide exceptional storage. Step outside to your private balcony equipped with a rare natural gas hookup for year round BBQing Includes an extra wide corner parking space and an oversized locker located directly adjacent to your spot. Building amenities: 24hr concierge, indoor pool, gym, party/billiards room, guest suites, and visitor parking. Steps to Viva transit, Hillcrest Mall, top schools, and easy access to Hwy 407/404. Photos have been digitally restyled using AI

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$710,000 - 9600 Yonge Street Unit PH05, Richmond Hill

Condo for Sale in Richmond Hill

Popular Listing

Neighbourhood: North Richvale

2Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
N13837142
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Richmond Hill
Taxes (2025)
$3,788
Maintenance Fees
$770/mo
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
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Description

Rarely available Top Floor Penthouse Suite offering luxury living in the heart of Richmond Hill. This sun-drenched corner unit features soaring 10-Foot high ceiling clearance and floor to ceiling windows. The gourmet kitchen boasts granite countertops, a custom server, additional upper cabinetry, and stainless steel appliances. Designed for ultimate versatility, the enclosed den features a built-in Murphy bed/wardrobe with access to a 2nd bath functioning seamlessly as a private 2ndbedroom or executive office. Closets throughout provide exceptional storage. Step outside to your private balcony equipped with a rare natural gas hookup for year round BBQing Includes an extra wide corner parking space and an oversized locker located directly adjacent to your spot. Building amenities: 24hr concierge, indoor pool, gym, party/billiards room, guest suites, and visitor parking. Steps to Viva transit, Hillcrest Mall, top schools, and easy access to Hwy 407/404. Photos have been digitally restyled using AI

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,642.67/mo

Includes CMHC insurance ($19,809)

$
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5-yr fixed avg.

Principal: $639,000Interest: $433,991
Mortgage Amount$658,809
Total Interest$433,991
Est. Property Tax$503/mo
Total Cost$1,092,800

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: North Richvale

Discover North Richvale

North 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 North 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

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

North 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.

70
Walk Score
Varies
Price Range

9600 Yonge Street Unit PH05, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$770
Property Tax (est.)-$503
Insurance (est.)-$148
Net Cash Flow+$859

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

Competitive Pricing

At $789/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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 $770/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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 North Richvale

I know North 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 $2,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    9600 Yonge Street Unit PH05, Richmond Hill | $710,000 | Battaglia Team