9088 Yonge Street Unit 510A, Richmond Hill

Price: $590,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13133600

Welcome to this stunning 2-bedroom, 2-bathroom condo in the heart of Richmond Hill on vibrant Yonge Street. Offering 9-foot ceilings and dramatic floor-to-ceiling windows, this sun-filled south-facing suite is bathed in natural light throughout the day. The thoughtfully designed layout features a modern kitchen with sleek quartz countertops, ample cabinetry, and open-concept living and dining areas perfect for entertaining. Step out onto the large south-facing balcony complete with a BBQ gas line - ideal for outdoor dining and relaxing. The spacious primary bedroom includes a walk-in closet plus an additional closet for exceptional storage, along with a private ensuite bath. The second bedroom is generously sized, and the separate study area provides the perfect space for a home office or reading nook. Enjoy the convenience of 1 parking space and 1 locker, along with premium building amenities including an indoor pool, fully equipped gym, theatre room, guest suite, and 24-hour concierge service. Located in one of Richmond Hill's most sought-after communities, just steps to transit, shopping, dining, and everyday conveniences - this is condo living at its finest.

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$590,000 - 9088 Yonge Street Unit 510A, Richmond Hill

Condo for Sale in Richmond Hill

34 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N13133600
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Welcome to this stunning 2-bedroom, 2-bathroom condo in the heart of Richmond Hill on vibrant Yonge Street. Offering 9-foot ceilings and dramatic floor-to-ceiling windows, this sun-filled south-facing suite is bathed in natural light throughout the day. The thoughtfully designed layout features a modern kitchen with sleek quartz countertops, ample cabinetry, and open-concept living and dining areas perfect for entertaining. Step out onto the large south-facing balcony complete with a BBQ gas line - ideal for outdoor dining and relaxing. The spacious primary bedroom includes a walk-in closet plus an additional closet for exceptional storage, along with a private ensuite bath. The second bedroom is generously sized, and the separate study area provides the perfect space for a home office or reading nook. Enjoy the convenience of 1 parking space and 1 locker, along with premium building amenities including an indoor pool, fully equipped gym, theatre room, guest suite, and 24-hour concierge service. Located in one of Richmond Hill's most sought-after communities, just steps to transit, shopping, dining, and everyday conveniences - this is condo living at its finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,027.01/mo

Includes CMHC insurance ($16,461)

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5-yr fixed avg.

Principal: $531,000Interest: $360,641
Mortgage Amount$547,461
Total Interest$360,641
Est. Property Tax$418/mo
Total Cost$908,102

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

9088 Yonge Street Unit 510A, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$1,154

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 $656/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 34 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 900 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 $2,458 (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.

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    9088 Yonge Street Unit 510A, Richmond Hill | $590,000 | Battaglia Team