$638,000 - 11611 Yonge Street Unit 708, Richmond Hill
Condo for Sale in Richmond Hill
New — Listed yesterday- MLS Number
- N13458246
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to this luxurious boutique-style residence. This rare sub-penthouse corner suite offers an impressive 1,046 sq.ft. of interior space, complemented by an extraordinary 443 sq.ft. wraparound terrace plus an additional 50 sq.ft. private balcony. Flooded with natural light from expansive floor-to-ceiling windows. The spacious living and dining area is framed by breathtaking panoramic views stretching across treetops, neighbourhood skylines, and CN Tower. Enjoy spectacular sunrises from both bedrooms, each featuring direct walk-out access to outdoor space, creating a seamless indoor-outdoor lifestyle rarely found in condominium living. The contemporary kitchen is both stylish and functional, featuring upgraded cabinetry, newer quartz countertops(2024), a large breakfast island, The primary suite features large windows, abundant natural light, and a spacious ensuite bath. Soaring 9-foot ceilings, modern finishes, laminate flooring throughout, and oversized windows further enhance the sense of openness and sophistication. The suite enjoys clear, unobstructed views, offering privacy, tranquility, and a connection to nature that is increasingly hard to find. Whether you're enjoying your morning coffee overlooking the sunrise, hosting summer gatherings on the expansive terrace, or simply relaxing above the city bustle, this home delivers a lifestyle that feels both elevated and serene. Residents enjoy a prime location with easy access to Viva Transit, Gormley GO Station with direct service to Union Station, and Highway 404 for effortless commuting. Outdoor enthusiasts will appreciate nearby Jefferson Forest Trails, Lake Wilcox, Bond Lake, and Phyllis Rawlinson Park, while families benefit from excellent local schools, community amenities, shopping, dining, and recreation all within close reach. Modern, spacious, move-in ready, and offering some of the most impressive views in the area. The building Is Dog Friendly With A dog Park!
Estimate your monthly payments for this property
Estimated Payment
$3,273.27/mo
Includes CMHC insurance ($17,800)
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 708, 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 $638/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.
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.
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 $2,658 (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.