9090 Yonge Street Unit 1002, Richmond Hill

Price: $488,000

3 bedrooms, 2 bathrooms

800 sqft

Property Type: New Construction

MLS#: N13105684

Rare opportunity to own a bright and spacious corner unit in a highly sought-after Richmond Hill location. This well-designed suite offers a functional layout with 2 bedrooms plus den and2 full bathrooms, enhanced by large windows that fill the space with natural light, Enjoy unobstructed views from the unit and a generous open balcony, creating a seamless indoor-outdoor living experience. The modern kitchen features granite countertops, stainless steel appliances, and extended cabinetry, open to a combined living and dining area ideal for everyday living and entertaining ,Additional features include ensuite laundry, one underground parking space, and a locker. Building amenities include concierge, gym, sauna, guest suites, and visitor parking ,Conveniently located steps to Yonge Street, public transit, shopping, restaurants, and all essential amenities. A perfect opportunity for end-users or investors seeking comfort, location, and view.

9090 Yonge Street Unit 1002 - New Construction photo 1 of 18 in Richmond Hill, Ontario
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$488,000 - 9090 Yonge Street Unit 1002, Richmond Hill

New Construction for Sale in Richmond Hill

36 days on market
3Beds
2Baths
800Sq Ft
New Construction
Property Details
MLS Number
N13105684
Property Type
New Construction
Status
active
Days on Site
36
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Rare opportunity to own a bright and spacious corner unit in a highly sought-after Richmond Hill location. This well-designed suite offers a functional layout with 2 bedrooms plus den and2 full bathrooms, enhanced by large windows that fill the space with natural light, Enjoy unobstructed views from the unit and a generous open balcony, creating a seamless indoor-outdoor living experience. The modern kitchen features granite countertops, stainless steel appliances, and extended cabinetry, open to a combined living and dining area ideal for everyday living and entertaining ,Additional features include ensuite laundry, one underground parking space, and a locker. Building amenities include concierge, gym, sauna, guest suites, and visitor parking ,Conveniently located steps to Yonge Street, public transit, shopping, restaurants, and all essential amenities. A perfect opportunity for end-users or investors seeking comfort, location, and view.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,503.69/mo

Includes CMHC insurance ($13,615)

$
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5%10%50%

5-yr fixed avg.

Principal: $439,200Interest: $298,293
Mortgage Amount$452,815
Total Interest$298,293
Est. Property Tax$346/mo
Total Cost$751,108

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

9090 Yonge Street Unit 1002, Richmond Hill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$2,352

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 $610/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 36 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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    9090 Yonge Street Unit 1002, Ri… — $488,000 | Battaglia Team