Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $420,000 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.
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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This condo apartment located at 8868 Yonge Street, Richmond Hill is currently for sale and has been available on SousaSells for 3 days. This property is listed at $420,000 with an estimated mortgage of $1,398* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 8868 Yonge Street, Richmond Hill is in the South Richvale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8868 Yonge Street 316E, Richmond Hill, ON L4C 0T4
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 $420,000 in Richmond Hill, the legal minimum down payment is $21,000 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 $4,875 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 $4,875.
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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.