9618 Yonge Street Unit 220, Richmond Hill

Price: $586,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13519832

Luxury 1 Bed + Den Unit with Spectacular Unobstructed Corner Views in the Heart of Richmond Hill. 762 Sq Ft + Corner Balcony (As Per Builder). Quiet, Bright & Spacious Layout with Floor- To-Ceiling Windows, Laminate Flooring, Granite Countertops, Backsplash, S/S Appliances. Den Can Be Used as 2nd Bedroom or Home Office. Can Build Customized Door with Permit As An Independent Good Size 2nd Bedroom. Primary Bedroom Has Direct Door Access To The Bath Room Like An Ensuite. Washroom Upgraded To Walk-In Shower. Professional Cleaned And Move In Ready. Amazing Amenities: Indoor Pool, Sauna, Gym, Party Room, Bike Storage, Guest Suites, and More. Super Convenient Location: Steps to Public Transit; Viva Bus Stations & TTC, Hillcrest Mall, Grocery Stores (T&T, H-Mart, No Frills), Restaurants/Cafes, Medical Clinics. Minutes to Highway, Schools, Parks, RH Central Library & Hospital.

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New Listing
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$586,000 - 9618 Yonge Street Unit 220, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 4 days ago

Neighbourhood: North Richvale

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13519832
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
LANDPOWER REAL ESTATE LTD.
Description

Luxury 1 Bed + Den Unit with Spectacular Unobstructed Corner Views in the Heart of Richmond Hill. 762 Sq Ft + Corner Balcony (As Per Builder). Quiet, Bright & Spacious Layout with Floor- To-Ceiling Windows, Laminate Flooring, Granite Countertops, Backsplash, S/S Appliances. Den Can Be Used as 2nd Bedroom or Home Office. Can Build Customized Door with Permit As An Independent Good Size 2nd Bedroom. Primary Bedroom Has Direct Door Access To The Bath Room Like An Ensuite. Washroom Upgraded To Walk-In Shower. Professional Cleaned And Move In Ready. Amazing Amenities: Indoor Pool, Sauna, Gym, Party Room, Bike Storage, Guest Suites, and More. Super Convenient Location: Steps to Public Transit; Viva Bus Stations & TTC, Hillcrest Mall, Grocery Stores (T&T, H-Mart, No Frills), Restaurants/Cafes, Medical Clinics. Minutes to Highway, Schools, Parks, RH Central Library & Hospital.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,006.48/mo

Includes CMHC insurance ($16,349)

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5%10%50%

5-yr fixed avg.

Principal: $527,400Interest: $358,196
Mortgage Amount$543,749
Total Interest$358,196
Est. Property Tax$415/mo
Total Cost$901,945

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

9618 Yonge Street Unit 220, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$415
Insurance (est.)-$122
Net Cash Flow+$1,208

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 $837/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.

Efficient Living

At 700 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 $2,442 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    9618 Yonge Street Unit 220, Richmond Hill | $586,000 | Battaglia Team