10376 Yonge Street Unit 406, Richmond Hill

Price: $498,999

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: N12445366

Rare find. 800+ Sq. Ft, 1+1 Unit with 2 washrooms. (Ensuite 4 pc + 2pc ). Perfect for accommodating overnight guests. Nestled in the heart of historic Richmond Hill, on Yonge Street. Welcome to this Luxurious 1 + 1 bedroom Urban condo suite that blends comfort, function and flexibility. This open-concept layout with floor to ceiling windows, 2 Juliette balconies and 10' ceiling, is filled with natural light providing a bright and functional living space thru-out. The open concept living/dining area offers plenty of room to relax and entertain, with a multi-purpose area that easily transitions into extra sleeping area at night. The versatile den is perfect for a home office or creative space, while the bedroom provides a private retreat with a full en-suite 4 pc bath, comfortable space for a queen bed, and ample walk-in closet space. The modern kitchen is equipped with stainless steel appliances, granite counter top and limestone backsplash; lots of cabinet space, and a great flow for cooking and entertaining. Ensuite laundry, Engineered hardwood floors and upgraded ceramic floors in foyer, and the 2 washrooms and motorized shades, accentuates this thoughtfully designed unit. Enjoy sunshine year round without having to go outdoors. Walk to almost everything - Places of worship, transit (VIVA and GO buses), shops, cafes/restaurants, beautiful Mill Pond park and trails , library, hospital, schools, entertainment - Richmond Hill Centre for the performing arts, movie theatres and much more. Proximity to Hillcrest Mall, Richmond Hill GO station, Highways 407, 404, and 400; Richmond Hill Centre Bus Terminal YRT/VIVA.

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$498,999 - 10376 Yonge Street Unit 406, Richmond Hill

Condo for Sale in Richmond Hill

140 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
N12445366
Property Type
Condo
Status
active
Days on Site
140
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Richmond Hill
Locker
Exclusive
Exposure
West
Balcony
Juliette
Listing Brokerage
RIGHT AT HOME REALTY
Description

Rare find. 800+ Sq. Ft, 1+1 Unit with 2 washrooms. (Ensuite 4 pc + 2pc ). Perfect for accommodating overnight guests. Nestled in the heart of historic Richmond Hill, on Yonge Street. Welcome to this Luxurious 1 + 1 bedroom Urban condo suite that blends comfort, function and flexibility. This open-concept layout with floor to ceiling windows, 2 Juliette balconies and 10' ceiling, is filled with natural light providing a bright and functional living space thru-out. The open concept living/dining area offers plenty of room to relax and entertain, with a multi-purpose area that easily transitions into extra sleeping area at night. The versatile den is perfect for a home office or creative space, while the bedroom provides a private retreat with a full en-suite 4 pc bath, comfortable space for a queen bed, and ample walk-in closet space. The modern kitchen is equipped with stainless steel appliances, granite counter top and limestone backsplash; lots of cabinet space, and a great flow for cooking and entertaining. Ensuite laundry, Engineered hardwood floors and upgraded ceramic floors in foyer, and the 2 washrooms and motorized shades, accentuates this thoughtfully designed unit. Enjoy sunshine year round without having to go outdoors. Walk to almost everything - Places of worship, transit (VIVA and GO buses), shops, cafes/restaurants, beautiful Mill Pond park and trails , library, hospital, schools, entertainment - Richmond Hill Centre for the performing arts, movie theatres and much more. Proximity to Hillcrest Mall, Richmond Hill GO station, Highways 407, 404, and 400; Richmond Hill Centre Bus Terminal YRT/VIVA.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.12/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,099Interest: $305,016
Mortgage Amount$463,021
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,037

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.

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Neighbourhood Guide: Richmond Hill

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

10376 Yonge Street Unit 406, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,223

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $624/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.

Negotiation Opportunity

At 140 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    10376 Yonge Street Unit 406, Richmond Hill | $498,999 | Battaglia Team