8868 Yonge Street Unit 208E, Richmond Hill

Price: $499,999

2 bedrooms, 2 bathrooms

600 sqft

Property Type: New Construction

MLS#: N13412734

Discover elevated condo living at 8868 Yonge Street in the heart of Richmond Hill. This beautifully designed 1-bedroom plus den, 2-bathroom suite offers a highly functional layout with a bright open-concept living and dining area, ideal for both everyday living and entertaining.The versatile den provides the perfect space for a home office or guest area, catering to today's flexible lifestyle needs. The modern kitchen features sleek and premium finishes, ample cabinetry, quartz countertops, stainless steel appliances, upgraded kitchen island with quartz top, and a clean, contemporary design that will appeal to both end-users and investors.The spacious primary bedroom includes a private ensuite, while the second full bathroom adds convenience for guests or family. Step outside to a rare and expansive (Over 160 sq. ft!) private terrace-perfect for summer entertaining or relaxing outdoors.This unit also includes 1 parking space and a locker, offering practical storage and everyday convenience. Ideally located with easy access to transit, major highways, shopping, dining, and everyday amenities, this sought-after building is perfect for professionals, down-sizers, or investors looking for strong value in a prime location. A seamless blend of comfort, style, and location-this is an opportunity you won't want to miss out.

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New Listing
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$499,999 - 8868 Yonge Street Unit 208E, Richmond Hill

New Construction for Sale in Richmond Hill

New — Listed 6 days ago
2Beds
2Baths
600Sq Ft
New Construction
Property Details
MLS Number
N13412734
Property Type
New Construction
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North East
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

Discover elevated condo living at 8868 Yonge Street in the heart of Richmond Hill. This beautifully designed 1-bedroom plus den, 2-bathroom suite offers a highly functional layout with a bright open-concept living and dining area, ideal for both everyday living and entertaining.The versatile den provides the perfect space for a home office or guest area, catering to today's flexible lifestyle needs. The modern kitchen features sleek and premium finishes, ample cabinetry, quartz countertops, stainless steel appliances, upgraded kitchen island with quartz top, and a clean, contemporary design that will appeal to both end-users and investors.The spacious primary bedroom includes a private ensuite, while the second full bathroom adds convenience for guests or family. Step outside to a rare and expansive (Over 160 sq. ft!) private terrace-perfect for summer entertaining or relaxing outdoors.This unit also includes 1 parking space and a locker, offering practical storage and everyday convenience. Ideally located with easy access to transit, major highways, shopping, dining, and everyday amenities, this sought-after building is perfect for professionals, down-sizers, or investors looking for strong value in a prime location. A seamless blend of comfort, style, and location-this is an opportunity you won't want to miss out.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.25/mo

Includes CMHC insurance ($13,950)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,999Interest: $305,627
Mortgage Amount$463,949
Total Interest$305,627
Est. Property Tax$354/mo
Total Cost$769,576

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

8868 Yonge Street Unit 208E, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,942

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

Fair Market Value

At $833/sqft, this property is priced in line with current Richmond Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Efficient Living

At 600 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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    8868 Yonge Street Unit 208E, Ri… — $499,999 | Battaglia Team