11611 Yonge Street Unit 525, Richmond Hill

Price: $459,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: N13010516

Welcome To This Exquisite 1 Bedroom Unit Offers A Bright & Functional Layout Enhanced By $$$ In Upgrades And Top Notch Finishes, Features Smooth Ceilings, Modern Light Fixtures. The Open Living And Dining Area Offers A Walkout To The Balcony, Creating An Inviting Space For Everyday Living. The Contemporary Kitchen Shines With New Quartz Countertop, Stainless Steel Appliances, A Sleek Backsplash, Undermount Sink & Upgraded Faucet, And Abundant Cabinets. The Spacious Bedroom Includes A Walk-In Closet, While The Updated Bathroom Showcases A Modern Vanity, Mirror, And Lighting, New Shower Glass Door. Located In A Highly Sought-after Richmond Hill Community. Minutes To Public Transit, Shopping, Restaurants, Parks, And Top Ranking Richmond Hill High School And Trillium Woods Public School.

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active
New Listing
1/23

$459,000 - 11611 Yonge Street Unit 525, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed yesterday
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
N13010516
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
SUPERSTARS REALTY LTD.
Description

Welcome To This Exquisite 1 Bedroom Unit Offers A Bright & Functional Layout Enhanced By $$$ In Upgrades And Top Notch Finishes, Features Smooth Ceilings, Modern Light Fixtures. The Open Living And Dining Area Offers A Walkout To The Balcony, Creating An Inviting Space For Everyday Living. The Contemporary Kitchen Shines With New Quartz Countertop, Stainless Steel Appliances, A Sleek Backsplash, Undermount Sink & Upgraded Faucet, And Abundant Cabinets. The Spacious Bedroom Includes A Walk-In Closet, While The Updated Bathroom Showcases A Modern Vanity, Mirror, And Lighting, New Shower Glass Door. Located In A Highly Sought-after Richmond Hill Community. Minutes To Public Transit, Shopping, Restaurants, Parks, And Top Ranking Richmond Hill High School And Trillium Woods Public School.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,354.91/mo

Includes CMHC insurance ($12,806)

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5-yr fixed avg.

Principal: $413,100Interest: $280,566
Mortgage Amount$425,906
Total Interest$280,566
Est. Property Tax$325/mo
Total Cost$706,472

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

11611 Yonge Street Unit 525, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$325
Insurance (est.)-$96
Net Cash Flow+$964

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

Just Listed - Act Strategically

This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 0 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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