Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of South Richvale. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $438,800 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.
Bright & modern 1-bedroom suite at prestigious 8888 Yonge St! 1 Year new building. Total 596 Sqft including balcony (506 sqft indoor + 90 sqft outdoor). Functional open-concept layout featuring contemporary finishes, floor-to-ceiling windows, sleek kitchen with stainless steel appliances, 1 locker and high-speed internet included. Luxury building amenities include fitness centre, yoga studio, party lounge & outdoor terrace. Prime South Richvale location steps to shopping, dining, transit and minutes to Hwy 407/404 & Langstaff GO Station. Ideal for professionals seeking upscale Richmond Hill living.A rare opportunity to own a high-value property in this great area.
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Data-driven valuation for 8888 Yonge Street 613, Richmond Hill, ON L4C 5V6
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 $438,800 in Richmond Hill, the legal minimum down payment is $21,940 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 $5,251 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 $5,251.
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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.