225-8868 Yonge Street, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13214180

$499,900
For Sale
Listed 49 days ago
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1Bedrooms
1Bathrooms
1Garage
0-499Sq Ft

About this home

Location! Location! The luxurious Westwood Garden Condos, one bedroom unit. Very bright, one washroom, close to Go bus, YRT, shops, restaurants and groceries. Parking and locker included. Concierge,basketball court, gym, yoga studio, party room, dog spa, visitor parking and media room. You can assume the Tenant of have vacant possession on closing.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13214180
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Hwy 7/Yonge St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$515/mo
Exposure
West
Property tax
$2,042 / 2025
Days on market
49
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomFlat3.84 × 2.80 m

laminate · closet

Living RoomFlat3.66 × 3.05 m

laminate · combined w/dining · open concept

KitchenFlat3.66 × 3.05 m

laminate · stainless steel appl · quartz counter

Dining RoomFlat3.66 × 3.05 m

laminate · combined w/living · open concept

Listing history

  1. May 29, 2026Listed$2,050

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.

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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in South Richvale · asking prices
$399kavg asking

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

427-8888 Yonge Street$399k

The 1 closest active listing nearby.

See all comparable homes
500kThis home399kThis home vs active comparables
Live market pulseActive comparables in South Richvale · median list $540K
$2,004this home / sqft
14active listings nearby
49days on market

34 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 70 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
$2,278/mo
$105KIncome needed
4.8×Price ÷ income
$526Weekly 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.

77%mortgage
Mortgage $2,278Property tax $170Condo fee $515Total carry $2,964

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$2,819Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$170
Condo / maintenance fees
$515
Heating
$0
Estimated monthly cost
$2,819

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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$2,300/mo
$27,600Gross 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.

5.5%
Gross yield
− Property tax $2,042− Condo fees $6,183− Insurance $600− Vacancy & upkeep $3,036Net operating income $15,739

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

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