$689,000 - 9471 Yonge Street Unit 301, Richmond Hill
Condo for Sale in Richmond Hill
86 days on market- MLS Number
- N12920506
- Property Type
- Condo
- Status
- active
- Days on Site
- 86
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- IQI GLOBAL REAL ESTATE
BEST PRICED IN THE BUILDING! Discover an exceptional luxury condo in the heart of Richmond Hill, offering both elegance and convenience. This practical yet spacious 2 BED+1 DEN (more than 1,000 sf) boasts an impressive 10-FT ceiling, enhancing the open and airy feel. Floor-to-ceiling ***SOUTH VIEW*** windows invite abundant natural light and provide seamless access to a large private balcony, where you can enjoy tranquil courtyard views ***Away from Noisy Yonge Street***. Step into a fully upgraded modern kitchen featuring sleek granite countertops, a stylish center island, and premium appliances, perfect for both everyday living and entertaining. The den has been artistically transformed into a sophisticated library/storage, complete with custom-built shelving a rare and stylish touch for book lovers and professionals alike. One of the most exclusive features of this condo is ***RARE 2 PARKING **** spaces conveniently located right next to the elevator, offering unparalleled ease and accessibility. Enjoy top-tier amenities and an unbeatable location just steps away from Hillcrest Mall, grocery stores, top-rated schools, parks, and public transit. Whether you're a young professional, a growing family, or a smart sizing family, this property offers both luxury and long-term value.
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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.
9471 Yonge Street Unit 301, 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 $689/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.
Negotiation Opportunity
At 86 days on site, this property has exceeded the typical selling timeline for Richmond Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
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 $2,871 (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.