$599,000 - 11611 Yonge Street Unit 301, Richmond Hill
Condo for Sale in Richmond Hill
- MLS Number
- N13219954
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
Welcome to The Bristol Condos, a modern residence in the heart of Richmond Hills Jefferson neighbourhood. This bright, beautiful condo is move-in ready and is perfect for enjoying! Practical layout: 2-bedroom, 2-bathroom unit with 2 balconies, facing courtyard views features: * East-side exposure *Courtyard views * Functional open-concept layout * Living room walks out to an open balcony * Upgraded kitchen with tall cabinets, stainless steel appliances and quartz countertops with breakfast bar * Primary bedroom with potlights, additional extra-large wall-to-wall wardrobe organizer, a 4-piece ensuite and a balcony * Secondary bedroom with potlights and a large closet. EV charger installation allowed with approval. Enjoy exceptional amenities, including underground visitor parking, a party room, an exercise room, a spacious 8th-floor rooftop patio, BBQs, bike storage, a guest suite, and concierge service. Ideally situated close to a variety of amenities, including Jefferson Plaza, Starbucks, grocery stores, banks, and public transit options, easy access to the Viva bus and Gormley/King GO Station offers an easy connection to Toronto Downtown and Union Station. Easy access to Hwy 404 and Hwy 400. Move in and enjoy this beautiful, well-located condo with everything you need at your doorstep! *For Additional Property Details Click The Brochure Icon Below*
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
11611 Yonge Street Unit 301, 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 $749/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 18 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.
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.
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 $2,496 (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.