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$649K · 2 bed Condo Apartment · North Richvale, Richmond Hill | MyPropertyScout

$649,000

Unit 1502 A

82 DOM

2282d

Map

⚡ Insider Deal

DOM 82

↓ $70,000Price Reduced

$649,000

DOM82days

Unit 1502 A

Grand Palace · 9608 Yonge Street · Richmond Hill · Ontario L4C 1V6

MLS® N12974584 · North Richvale · L4C 1V6

22Vacant900-999 ft²Condo Apartment2-car Underground82d$684/ft²$3,685 tax/yr

82 days on market

About this home

GRAND PALACE, Spacious, Bright 2 Br. 2 Bath Corner Unit With Floor To Ceiling Windows, Granite Countertops, Modern Kitchen With Centre Island. Close To All Amenities, Shopping, Schools and Hill Crest Mall. Yonge St. Line Transportation At Door. Indoor Swimming Pool, Sauna, Gym, 24 Hr. Concierge. *** TWO U/G PARKINGS and ONE LOCKER Included *** Please Remove Shoes.***

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Property details

MLS#: N12974584
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 900-999
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Hospital, Library, Public Transit, School

View: City

Building name: Grand Palace
Condo corp #: 1328
Balcony: Open
Locker: Owned
Association amenities: BBQs Allowed, Concierge, Exercise Room, Gym, Indoor Pool, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Yonge / Weldrick
Basement: None
Stories: 12
Utilities: —
Laundry: Ensuite
Interior: Auto Garage Door Remote, Carpet Free
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Flat	Living Room	4.6m × 6.1m
Flat	Dining Room	4.6m × 6.1m
Flat	Kitchen	3.7m × 4.5m
Flat	Primary Bedroom	3.7m × 3.75m
Flat	Bedroom 2	2.6m × 2.8m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: REMAX YOUR COMMUNITY REALTY

Source: TRREB/PROPTX · MLS® N12974584

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$649K

Unit 1502 A · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $649,000✓ $3,685 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,848/mo

incl. closing costs (yr 1)

Annual total

$70,177

year 1

Mortgage only

$2,462/mo

principal + interest

Beyond mortgage

$2,140/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$129,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$307/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 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%$6,490/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)$72/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $29,545/yr

Property taxes19% $13,140/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $6,490/yr

Condo fees15% $10,341/yr

Closing costs7% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$29,545	$2,462/mo
Government & taxes
Property tax	$3,685	$307/mo
Land transfer tax(closing)	$9,455	$788/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%)	$6,490	$541/mo
Condo fees
Condo / HOA fees	$10,341	$862/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	$70,177	$5,848/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 1502 A

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs