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Listed 24 days ago

316E - 8868 Yonge Street

South Richvale, Richmond Hill

$420,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Experience contemporary living at 8868 Yonge Street in one of Richmond Hill's most desirable communities. This bright east-facing 1-bedroom suite features a thoughtfully designed open-concept layout that maximizes both space and functionality. The modern kitchen flows seamlessly into the living and dining areas, while expansive windows invite an abundance of natural light throughout the home. Enjoy a spacious bedroom, sleek finishes, and a private balcony with peaceful morning views. Conveniently located steps from shopping, restaurants, grocery stores, parks, public transit, and everyday amenities, with quick access to major highways. An exceptional lease opportunity offering comfort, style, and unmatched convenience.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$551
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,242
mls© NumberN13553974
Listed ByREVEL REALTY INC.
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,150
Property tax
$187
Heat allowance
$150
Condo fees, half counted
$275
Housing costs
$2,762 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $84,000
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$84,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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