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$550K · 1+1 bed Condo Apartment · North Richvale, Richmond Hill | MyPropertyScout

$550,000

Unit 710

96 DOM

1+1196d

Map

⚡ Insider Deal

DOM 96

↓ $48,000Price Reduced

$550,000

A●●●○○DOM96days

Unit 710

9600 Yonge Street · Richmond Hill · Ontario L4C 0X3

MLS® N12922742 · North Richvale · L4C 0X3

1+11Vacant500-599 ft²Condo Apartment1-car Underground96d$1,001/ft²$2,433 tax/yr

13% below market · 96 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to Grand Palace in the heart of Richmond Hill at Yonge & Weldrick. This spotless, freshly painted 1-bedroom plus den unit features airy 9-foot ceilings and floor-to-ceiling windows that flood the home with natural light. The highly functional layout includes a separate, versatile den perfect for a dedicated home office or a second bedroom. Enjoy an open-concept living and dining area that walks out to a large private balcony. The modern kitchen is equipped with durable granite countertop…

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Property details

MLS#: N12922742
Status: Buy Now
Beds: 1+1
Baths: 1 full, 0 half
Size: 500-599
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 1328
Balcony: Open
Locker: Owned
Fees include: Heat Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Yonge St. / Weldrick Rd W
Basement: None
Stories: 6
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: Underground

Rooms

Level	Room	Dimensions
Flat	Living Room	3.18m × 3.38m
Flat	Dining Room	3.18m × 3.38m
Flat	Kitchen	3.56m × 3.58m
Flat	Primary Bedroom	2.74m × 3.45m
Flat	Den	2.16m × 2.18m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE SIGNATURE REALTY

Source: TRREB/PROPTX · MLS® N12922742

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$550K

Unit 710 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $550,000✓ $2,433 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,782/mo

incl. closing costs (yr 1)

Annual total

$57,381

year 1

Mortgage only

$2,087/mo

principal + interest

Beyond mortgage

$1,614/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$110,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$203/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,500/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$44/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $25,038/yr

Property taxes17% $9,908/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,500/yr

Condo fees11% $6,275/yr

Closing costs9% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,038	$2,087/mo
Government & taxes
Property tax	$2,433	$203/mo
Land transfer tax(closing)	$7,475	$623/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,500	$458/mo
Condo fees
Condo / HOA fees	$6,275	$523/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$57,381	$4,782/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 710

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs