519-9201 yonge Street, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N12996370

$585,000
For Sale
Listed 188 days agoNo offer date stated
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◎ Directions
2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome To The Beverley Hills Luxurious Condo In The Heart Of Richmond Hill.
  • Located Right At Yonge And 16th Across From Hillcrest Mall, This Two Bedroom 873 Sq F.
  • Unit With 2 Washrooms , Has All Hotel Style Amenities Including Indoor/Outdoor Pool, Billiard, Gym, Party Room, Bbq Area, 24/7 Concierge, Etc.
  • Easy Access To Viva, Yrt, Hwy 7, 407, 404.

Welcome To The Beverley Hills Luxurious Condo In The Heart Of Richmond Hill. Located Right At Yonge And 16th Across From Hillcrest Mall, This Two Bedroom 873 Sq F. Unit With 2 Washrooms , Has All Hotel Style Amenities Including Indoor/Outdoor Pool, Billiard, Gym, Party Room, Bbq Area, 24/7 Concierge, Etc. Easy Access To Viva, Yrt, Hwy 7, 407, 404. No Carpet In Unit. Comes With One Parking And One Locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N12996370
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Ynge & 16th Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Block
Maintenance
$670/mo
Exposure
North
Property tax
$2,720 / 2025
Days on market
188
Listing brokerage
TFN REALTY INC.

Rooms

Bedroom 2Flat3.05 × 2.87 m

Hardwood Floor

Living RoomFlat3.20 × 4.45 m

combined w/dining · hardwood floor

Dining RoomFlat3.20 × 4.45 m

combined w/living · hardwood floor

Primary BedroomFlat3.24 × 2.93 m

Hardwood Floor

KitchenFlat3.20 × 1.86 m

centre island · ceramic floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$569Klikely sale price

Listed at $585,000. Going by how homes in Langstaff and the wider GTA have actually closed against their asking prices (about 97%, 31 local closings in 90 days), the likely sale price is near $569K, if it sells. A realistic range is $536K to $615K.

Independent value check: $580K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $540K and $609K).

Why $580K. The typical condo sold in Langstaff over the past year went for about $516K (162 sales). What sets this one apart:

  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $2,720 a year; the typical home sold here pays about $2,400.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
List price
$536KBelow recent closings$615KAbove recent closings

Total price vs nearby homes. Likely closing about $569K, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$515Kmedian sold price
97%of asking, on average
−5%prices vs a year ago
~36 dayshomes like this take to sell
188days on market so far
$2,837/moest. rent · 433 leases
5.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.1 months of inventory: 63 condo apartment homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $689/sqft against an area asking average of $691/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 31 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $550K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully

Based on 31 comparable homes that sold in Langstaff over the past two years, from 335 closings there.

Sold price trend

Median sold price for condos in Langstaff: $573K in September 2026, level with a year ago, on 159 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$532K20
November 2025$528K18
December 2025$530K5
January 2026$465K7
February 2026$510K10
March 2026$615K10
April 2026$488K21
May 2026$520K15
June 2026$520K13
July 2026$525K16
August 2026$499K15
September 2026$573K9

Neighbourhood & location

Langstaff, Richmond Hill, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Observatory
$550K
South Richvale
$553K
North Richvale
$643K
Harding
$514K
Crosby
$860K

Typical asking price of active listings of the same type, per area (outliers removed). Richmond Hill.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,666/mo
$125KIncome needed
4.7×Price ÷ income
$615Weekly cost
$8,175Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

75%mortgage
Mortgage $2,666Property tax $227Condo fee $670Total carry $3,563

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,588per month

Mortgage amount $468,000 · 4.49% over 25 years

$117,000Down payment (20.0%)
$468,000Loan before insurance
$0CMHC premium
$3,484Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,588
Property tax
$227
Condo / maintenance fees
$670
Heating
$0
Estimated monthly cost
$3,484

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,175
Estimated closing costs
$8,175

Plus your down payment of $117,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,132/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$308,296Total interest paid
$776,296Total of all payments
Principal $468,000 Interest $308,296
YearPrincipalInterestBalance
1$10,444$20,608$457,556
2$10,918$20,134$446,638
3$11,414$19,638$435,225
4$11,932$19,120$423,293
5$12,474$18,578$410,819
6$13,040$18,012$397,779
7$13,632$17,420$384,147
8$14,251$16,801$369,896
9$14,898$16,154$354,998
10$15,575$15,477$339,423
11$16,282$14,770$323,142
12$17,021$14,031$306,121
13$17,794$13,258$288,327
14$18,602$12,450$269,725
15$19,446$11,606$250,279
16$20,329$10,723$229,950
17$21,252$9,800$208,698
18$22,217$8,835$186,481
19$23,226$7,826$163,255
20$24,280$6,771$138,974
21$25,383$5,669$113,591
22$26,535$4,516$87,056
23$27,740$3,312$59,316
24$29,000$2,052$30,316
25$30,316$735$0

At the end of your 5-year term

Total paid over the term
$155,259
Principal paid down
$57,181
Interest paid
$98,078
Balance remaining
$410,819

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 433 whole-home leases in Langstaff$2,837/mo
$34,044Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,696 to $2,979Typical rent range
~19 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 433 whole-home leases in Langstaff signed at a median of $2,492 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,837. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.8%
Gross yield
− Property tax $2,720− Condo fees $8,043− Insurance $600− Vacancy & upkeep $3,745Net operating income $18,936

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TFN REALTY INC.. MLS®/PropTx.

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