1205-8888 Yonge Street, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13038370

$1,389,000
For Sale
Listed 85 days ago
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4Bedrooms
3Bathrooms
1Garage
1600-1799Sq Ft

About this home

Welcome to Unit 1205 at 8888 Yonge Street Condos - a luxurious 3-bedroom plus den suite with 3 bathrooms, designed for modern living. Boasting 1,664 sq. ft. of indoor space and a 175 sq. ft. outdoor terrace, this elegant suite offers ample room for comfort and entertainment. Situated on the 12th floor of a stunning 15-storey building, you'll enjoy contemporary design and convenient access to major transit routes, including Highway 407, Highway 7, Langstaff GO, VIVA transit, and the upcoming TTC Yonge North Subway Extension. Lockers can be purchased for $5,000.00 Maintenance fees are $13.65 for storage and $45.00 for parking. Exclusive Rogers Internet Cable rights for the entire building, with a special offer of approximately $40 per month for internet service. Additionally, take advantage of an exclusive Vendor Take-Back (VTB) mortgage at a competitive rate, making ownership more accessible. Experience the ultimate in modern comfort and convenience at 8888 Yonge Street, Unit 1205!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13038370
Bedrooms
4 (3 + 1)
Bathrooms
3
Size
1600-1799
Cross streets
Yonge/ Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$1,000/mo
Exposure
South East
Property tax
$2,572 / 2025
Days on market
85
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Living RoomMain8.81 × 6.25 m
Bedroom 3Main3.17 × 2.99 m
Primary BedroomMain3.69 × 3.41 m
Bedroom 2Main3.90 × 3.54 m
Dining RoomMain8.81 × 6.25 m

Combined w/Living

DenMain2.47 × 1.95 m
KitchenMain8.81 × 6.25 m

Combined w/Kitchen

Listing history

  1. Apr 23, 2026Listed$5,400

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Charles Howitt PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yonge St. @ Beresford Dr. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby · asking prices
$837kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1004-8888 Yonge Street$1.10M1211-20 Harding Boulevard$849k803-40 Baif Boulevard$760k506-40 Baif Boulevard$749k406-40 Baif Boulevard$728k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.39MThis home1.10M849k760k749k728kThis home vs active comparables
Live market pulseActive comparables in South Richvale · median list $560K
$817this home / sqft
20active listings nearby
85days on market

This home lists 10% below the area average of $909/sqft.

70 days longer than the Richmond Hill average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

South Richvale, 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.

Getting around

73/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St. @ Beresford Dr., about 63 m away

20+ transit stops4 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Langstaff
$541K
Observatory
$585K
North Richvale
$701K
Doncrest
$523K
Harding
$515K

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) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Charles Howitt PS
74%
Charles Howitt PSPublic · Elementary · JK-8 · 0.6 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$6,331/mo
$268KIncome needed
5.2×Price ÷ income
$1,461Weekly cost
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.

84%mortgage
Mortgage $6,331Property tax $214Condo fee $1,000Total carry $7,545

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,930per month

Mortgage amount $1,111,200 · 4.14% over 25 years

$277,800Down payment (20.0%)
$1,111,200Loan before insurance
$0CMHC premium
$7,144Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,930
Property tax
$214
Condo / maintenance fees
$1,000
Heating
$0
Estimated monthly cost
$7,144

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

One-time closing costs

Ontario land transfer tax
$24,255
Estimated closing costs
$24,255

Plus your down payment of $277,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,202/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

$667,733Total interest paid
$1,778,933Total of all payments
Principal $1,111,200 Interest $667,733
YearPrincipalInterestBalance
1$26,032$45,126$1,085,168
2$27,120$44,037$1,058,048
3$28,255$42,902$1,029,793
4$29,437$41,721$1,000,356
5$30,668$40,489$969,688
6$31,951$39,207$937,738
7$33,287$37,870$904,450
8$34,680$36,478$869,771
9$36,130$35,027$833,641
10$37,641$33,516$795,999
11$39,216$31,941$756,783
12$40,856$30,301$715,927
13$42,565$28,592$673,362
14$44,346$26,812$629,016
15$46,201$24,957$582,815
16$48,133$23,024$534,682
17$50,146$21,011$484,536
18$52,244$18,913$432,292
19$54,429$16,728$377,862
20$56,706$14,451$321,156
21$59,078$12,079$262,078
22$61,549$9,608$200,529
23$64,124$7,034$136,406
24$66,806$4,352$69,600
25$69,600$1,557$0

At the end of your 5-year term

Total paid over the term
$355,787
Principal paid down
$141,512
Interest paid
$214,275
Balance remaining
$969,688

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
Estimate$5,450/mo
$65,400Gross annual rent
3.1%Est. cap rate

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.7%
Gross yield
− Property tax $2,572− Condo fees $12,001− Insurance $600− Vacancy & upkeep $7,194Net operating income $43,033

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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