9608 Yonge Street Unit 202A, Richmond Hill

Price: $599,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13455476

Amazing Location! Grand Palace condominium offers an unparalleled lifestyle in the heart of Richmond Hill. New painted! Ready to move! A 9ft ceiling in this corner unit with an abundant natural light from floor-to-ceiling windows, open concept kitchen, family & dining room with walk-out to a balcony with its own BBQ gas line. Primary bedroom has his & her closet plus 3pc ensuite bath. The Second bedroom with a 4pc semi-ensuite bath and a large laundry room with extra storage. Beautifully upgraded from the builder with smooth ceilings, frameless mirror closets, crown mouldings, granite countertops, and a BBQ gas line on the private balcony. Condos offer a concierge & lobby with cafe, snack bar, indoor pool, sauna, guest room, gym, party room, plus the convenience of its location! TTC at your doorstep, top-rated schools & restaurants, plazas, malls, and major highways all a few minutes away.

9608 Yonge Street Unit 202A - Condo photo 1 of 1 in Richmond Hill, Ontario
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$599,000 - 9608 Yonge Street Unit 202A, Richmond Hill

Condo for Sale in Richmond Hill

New — Listed 2 days ago
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N13455476
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Richmond Hill
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Amazing Location! Grand Palace condominium offers an unparalleled lifestyle in the heart of Richmond Hill. New painted! Ready to move! A 9ft ceiling in this corner unit with an abundant natural light from floor-to-ceiling windows, open concept kitchen, family & dining room with walk-out to a balcony with its own BBQ gas line. Primary bedroom has his & her closet plus 3pc ensuite bath. The Second bedroom with a 4pc semi-ensuite bath and a large laundry room with extra storage. Beautifully upgraded from the builder with smooth ceilings, frameless mirror closets, crown mouldings, granite countertops, and a BBQ gas line on the private balcony. Condos offer a concierge & lobby with cafe, snack bar, indoor pool, sauna, guest room, gym, party room, plus the convenience of its location! TTC at your doorstep, top-rated schools & restaurants, plazas, malls, and major highways all a few minutes away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

9608 Yonge Street Unit 202A, 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.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,146

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 $666/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.

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 $2,496 (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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    9608 Yonge Street Unit 202A, Richmond Hill | $599,000 | Battaglia Team