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$560K · 1+1 bed Condo Apartment · South Richvale, Richmond Hill | MyPropertyScout

$559,900

Unit 1609E

1+12Vacant

Map

$559,900

F●●○○○

Unit 1609E

8868 Yonge Street · Richmond Hill · Ontario L4C 1Z8

MLS® N13024860 · South Richvale · L4C 1Z8

1+12Vacant600-699 ft²Condo Apartment1-car Underground$862/ft²$2,403 tax/yrBuilt 20233 yrs old

12% above market · regional est.

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

About this home

Welcome To This Modern 1+1 Unit Offers A Bright & Functional Layout With 2 Bathrooms And Laminate Flooring Throughout. The Open-concept Living And Dining Area Features Stylish Light Fixtures, Large Windows And A Walkout To Balcony With Unobstructed View, Creating An Airy Space For Everyday Living. The Contemporary Kitchen Is Finished With Stainless Steel Appliances, Backsplash And Under-cabinet Lighting. The Primary Bedroom Includes A 4pc Ensuite And Mirrored Closet, While The Spacious Enclosed…

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Property details

MLS#: N13024860
Status: Buy Now
Beds: 1+1
Baths: 2 full, 0 half
Size: 600-699
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 1495
Balcony: Open
Locker: Owned
Association amenities: Party Room/Meeting Room, Gym, Sauna, Visitor Parking, Exercise Room, Rooftop Deck/Garden
Fees include: Parking Included, Common Elements Included, Building Insurance 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/Hwy7
Basement: None
Stories: 13
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: —

Rooms

Level	Room	Dimensions
Flat	Living Room	3.05m × 6.32m
Flat	Dining Room	3.05m × 6.32m
Flat	Kitchen	3.05m × 6.32m
Flat	Primary Bedroom	2.79m × 3.05m
Flat	Den	2.29m × 2.59m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SUPERSTARS REALTY LTD.

Source: TRREB/PROPTX · MLS® N13024860

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$560K

Unit 1609E · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $559,900✓ $2,403 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,944/mo

incl. closing costs (yr 1)

Annual total

$59,332

year 1

Mortgage only

$2,124/mo

principal + interest

Beyond mortgage

$1,722/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$111,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$200/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 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%$5,599/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)$52/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,673

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $25,489/yr

Property taxes17% $10,076/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,599/yr

Condo fees13% $7,508/yr

Closing costs9% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,489	$2,124/mo
Government & taxes
Property tax	$2,403	$200/mo
Land transfer tax(closing)	$7,673	$639/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%)	$5,599	$467/mo
Condo fees
Condo / HOA fees	$7,508	$626/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	$59,332	$4,944/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 1609E

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs