$499,000 - 9618 Yonge Street Unit 1010, Richmond Hill
Condo for Sale in Richmond Hill
- MLS Number
- N13175252
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Richmond Hill
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Lucky number Corner suite #1010 is first time on the market at famous Grand Palace Condos by Guizzetti Corp.This Project designed by Hariri Pontarini Architects is known for its high-end finishes and good quality . Welcome to bright and practical layout One Bedroom suite which comes with Parking and locker . 9 Ft.Ceiling with floor to ceiling panoramic Windows.Open Concept practical layout with modern kitchen with granite countertop and built-in Stainless Steel appliances including built-in glass cooktop stove, Extended Upper Kitchen Cabinets with under-cabinet lightning, contemporary backsplash. Whirlpool brand.Natural oak wood tone laminate throughout. Spacious Bedroom with Closet , 4 pcs spa-like bathroom. Extra deep closet in the foyer. Fantastic location right across shopping plazas , 10 min to Hillcrest mall. Get a sense of European Life style with lots of amazing retail units on ground level of this Complex of 3 Grand Palace Towers from well known artisan bakery , Cafe Bistro or even mailing and printing UPS store all for a great convenience.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
9618 Yonge Street Unit 1010, 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
Fair Market Value
At $998/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.
Market Position
At 18 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 500 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.