Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Jefferson. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Modern Boutique Living on Yonge. Welcome to this elegant 1-bedroom plus den suite in a contemporary 8-storey boutique residence. Designed with soaring 9-foot smooth ceilings and expansive windows, the home feels bright and airy while showcasing unobstructed views. The sleek modern kitchen with a generous breakfast bar makes everyday living and entertaining effortless. The bedroom has also been enhanced with custom shelving in the closet, maximizing functionality and storage. This suite offers rare conveniences that truly set it apart: two parking spaces with private, fully enclosed lockers directly attached providing secure, easy-access storage far superior to the typical caged-style bulk lockers found in most condos and one communal cage styled locker. Potential to rent the extra parking and locker spaces for an extra monthly income. Residents enjoy added lifestyle convenience with the party room, gym, and the rooftop patio located right on the same floor, adjacent to the unit. The building's location offers convenience of the VIVA transit and sits just steps from shops, dining, strip malls, and minutes from major highways and top-rated schools.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 11611 Yonge Street 809, Richmond Hill, ON L4E 1G2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $499,000 in Richmond Hill, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.