$778,000 - 10376 Yonge Street Unit 405, Richmond Hill
Condo for Sale in Richmond Hill
40 days on market- MLS Number
- N13076902
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- South West
- Balcony
- Juliette
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Experience Spacious Boutique Loft-Style Living In Richmond Hill, Offering Over 1,150 Sq Ft Of Bright Interior Space And Soaring 10 Ft Ceilings---A Rare Loft Feature Not Commonly Offered In The Area. Flooded With Natural Light From Floor-To-Ceiling Windows, This 2-Bedroom Plus Den, 2-Bathroom Suite Delivers An Open, Airy Feel With A Highly Functional Layout Ideal For Modern Living.The Open-Concept Design Features Wide-Plank Flooring And A Modern Kitchen With Full-Height Cabinetry, Stainless Steel Appliances, And A Large Centre Island Overlooking The Expansive Living And Dining Area-Perfect For Both Everyday Living And Entertaining.The Split-Bedroom Layout Provides Excellent Privacy And Comfort. The Primary Bedroom Includes A Walk-In Closet And A Well-Appointed Ensuite Bathroom, While The Second Bedroom Is Generously Sized For Guests Or Family. The Separate Den Offers A Flexible Space Ideal For A Home Office, Study Area, Or Additional Living Function.Individually Controlled Heating And Air Conditioning Ensure Year-Round Comfort, While The Boutique Building Setting Offers A Quieter Residential Experience Compared To Larger High-Rise Developments.Conveniently Located In The Heart Of Richmond Hill, Close To Transit, Shopping, Restaurants, And Everyday Amenities. Minutes To Hillcrest Mall, Richmond Hill Central Library, Richmond Hill Centre for the Performing Arts, And Mill Pond Park. Easy Access To Highways 404 And 400 For Seamless Commuting.
Estimate your monthly payments for this property
Estimated Payment
$3,991.54/mo
Includes CMHC insurance ($21,706)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Richmond Hill
Richmond Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Richmond Hill
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Richmond Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10376 Yonge Street Unit 405, Richmond Hill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $778/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Richmond Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.