516-11611 Yonge Street, Richmond Hill, ON

Jefferson, Richmond Hill · MLS® N13096598

$639,900
For Sale
Listed 71 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

The "Ritz" Model at The Bristol: A Masterclass in Executive Living. Located in Richmond Hill''s prestigious Jefferson community, this 977 sq. ft. 2BR+Den suite is paired with a 149 sq. ft.full-length balcony, offering 1,126 sq. ft. of refined living space. Thousands in recent upgrades distinguish this unit, featuring fresh premium paint, upgraded SS appliances, and professional custom built-in closets throughout. The interior is defined by high ceilings in the living area, den, and both bedrooms, creating an atmosphere of grandeur that rivals a detached home. The open-concept, split layout is flooded with natural light from floor-to-ceiling windows, offering unobstructed West-facing sunset views. The primary retreat is elevated by a show-stopping, oversized W/I closet with custom built-ins, while the private den provides a secluded sanctuary with its own closet for maximum utility. Located steps from elite Richland Academy (IB), top-ranked Richmond Hill HS, and the best in local shopping, dining, and VIVA/YRT transit. Boutique building amenities include 24 hr concierge, a fitness center, and a panoramic rooftop terrace. 1 parking and 1 locker included. Sophisticated in design and unmatched in scale, this residence represents the pinnacle of boutique luxury at 11611 Yonge.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13096598
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
900-999
Cross streets
Yonge St and 19th Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Brick Veneer
Maintenance
$951/mo
Exposure
West
Property tax
$2,410 / 2025
Days on market
71
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

DenGround2.29 × 1.60 m

closet · laminate

Living RoomGround5.13 × 3.38 m

w/o to balcony · laminate

Primary BedroomGround4.83 × 3.10 m

walk-in closet(s) · 4 pc ensuite · laminate

KitchenGround2.90 × 2.39 m

granite counters · stainless steel appl · laminate

Bedroom 2Ground2.97 × 2.83 m

large window · laminate

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On schools, this address is zoned for Richmond Hill HS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Yonge St Stop # 5781 is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$523kavg asking

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

306-11121 Yonge Street$600k814-350 Red Maple Road$550k611-309 Major Mackenzie Avenue$420k

The 3 closest active listings nearby.

See all comparable homes
640kThis home600k550k420kThis home vs active comparables
Live market pulseActive comparables in Jefferson · median list $499K
$674this home / sqft
5active listings nearby
71days on market

This home lists 36% below the area average of $1,049/sqft.

56 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

Jefferson, 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 Stop # 5781, about 157 m away

20+ transit stops1 grocery11 dining18 parks3 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.

Devonsleigh
$559K
Rural Richmond Hill
$614K
Crosby
$511K
Harding
$515K
North Richvale
$701K

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 Richmond Hill HS
88%
Richmond Hill HSPublic · Secondary · 9-12 · 1.0 km awayHigher-rated than most nearby · 88% meet the provincial standard
Unnamed ES (Oak Ridges East #1)EQAO results not published

Affordability & Mortgage

Affordability
$2,916/mo
$138KIncome needed
4.6×Price ÷ income
$673Weekly 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.

72%mortgage
Mortgage $2,916Property tax $201Condo fee $951Total carry $4,068

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)
$2,732per month

Mortgage amount $511,920 · 4.14% over 25 years

$127,980Down payment (20.0%)
$511,920Loan before insurance
$0CMHC premium
$3,884Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,732
Property tax
$201
Condo / maintenance fees
$951
Heating
$0
Estimated monthly cost
$3,884

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

One-time closing costs

Ontario land transfer tax
$9,273
Estimated closing costs
$9,273

Plus your down payment of $127,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,318/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

$307,619Total interest paid
$819,539Total of all payments
Principal $511,920 Interest $307,619
YearPrincipalInterestBalance
1$11,993$20,789$499,927
2$12,494$20,287$487,433
3$13,017$19,765$474,417
4$13,561$19,220$460,855
5$14,128$18,653$446,727
6$14,719$18,062$432,007
7$15,335$17,446$416,672
8$15,977$16,805$400,696
9$16,645$16,137$384,051
10$17,341$15,440$366,710
11$18,066$14,715$348,643
12$18,822$13,959$329,821
13$19,609$13,172$310,212
14$20,430$12,352$289,782
15$21,284$11,497$268,498
16$22,175$10,607$246,323
17$23,102$9,680$223,221
18$24,068$8,713$199,153
19$25,075$7,706$174,078
20$26,124$6,658$147,954
21$27,217$5,565$120,737
22$28,355$4,426$92,382
23$29,541$3,240$62,841
24$30,777$2,005$32,064
25$32,064$717$0

At the end of your 5-year term

Total paid over the term
$163,908
Principal paid down
$65,193
Interest paid
$98,715
Balance remaining
$446,727

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$3,050/mo
$36,600Gross annual rent
2.8%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.

5.7%
Gross yield
− Property tax $2,410− Condo fees $11,407− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,157

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

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