306-11121 Yonge Street, Richmond Hill, ON

Devonsleigh, Richmond Hill · MLS® N13529664

$599,888
For Sale
Listed 11 days ago
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2Bedrooms
2Bathrooms
2Garage
900-999Sq Ft

About this home

Welcome home to this stunning open and spacious condo in Devonsleigh, Richmond Hill. This condo features 2 bedrooms, 2 bathrooms, 2 parking spots and 2 lockers, with a large balcony and high ceiling throughout! Prime location minutes steps away from transit, schools, shopping and Yonge Street.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13529664
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Yonge St & Elgin Mills
Parking
2 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick Front
Maintenance
$1,023/mo
Exposure
West
Property tax
$2,153 / 2025
Days on market
11
Listing brokerage
CRESCENDO REALTY INC.

Rooms

Dining RoomMain5.49 × 3.05 m

breakfast bar · open concept · laminate

Bedroom 2Main3.66 × 2.74 m

3 pc bath · w/o to balcony · laminate

Primary BedroomMain4.88 × 2.77 m

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

Living RoomMain5.49 × 3.05 m

combined w/dining · open concept · w/o to balcony

KitchenMain2.44 × 2.44 m

ceramic floor · custom backsplash · granite counters

Moe’s TakeTeam Asgarian · Broker
In the wider range
$660Kest. value

Listed at $599,888, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 98 similar homes nearby, adjusted for size, beds, and baths.Median of 98 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $477K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $599K
  • Bedrooms −$30K
  • Adjusts to $569K

That comparable adjusts to $569K; the $660K estimate above is the median of all 98 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Richmond Hill HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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

List price
$550KGreat deal$746KOverpriced

Total price vs nearby homes. Fair value about $660K, median of 98 comparables.

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.
  • Worth verifying
Comparable listingsCurrently listed nearby in Devonsleigh · asking prices
$537kavg asking

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

519-11121 Yonge Street$589k311-11121 Yonge Street$559k215-11121 Yonge Street$540k110-11121 Yonge Street$459k

The 4 closest active listings nearby.

See all comparable homes
600kThis home589k559k540k459kThis home vs active comparables
Live market pulseActive comparables in Richmond Hill · median list $549K
$632this home / sqft
98active listings nearby
11days on market

This home lists 10% below the area average of $699/sqft.

4 days faster 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

Devonsleigh, 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

83/ 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 / Silverwood Av, about 60 m away

20+ transit stops4 grocery20+ dining20+ parks10 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.

Rural Richmond Hill
$614K
Crosby
$511K
Harding
$515K
North Richvale
$701K
Observatory
$585K

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 H.G. Bernard PS
71%
H.G. Bernard PSPublic · Elementary · JK-8 · 0.8 km awayAround the GTA average · 71% meet the provincial standard

Affordability & Mortgage

Affordability
$2,734/mo
$132KIncome needed
4.5×Price ÷ income
$631Weekly 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.

69%mortgage
Mortgage $2,734Property tax $179Condo fee $1,023Total carry $3,936

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)
$2,561per month

Mortgage amount $479,910 · 4.14% over 25 years

$119,978Down payment (20.0%)
$479,910Loan before insurance
$0CMHC premium
$3,763Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$179
Condo / maintenance fees
$1,023
Heating
$0
Estimated monthly cost
$3,763

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

One-time closing costs

Ontario land transfer tax
$8,473
Estimated closing costs
$8,473

Plus your down payment of $119,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,384Total interest paid
$768,294Total of all payments
Principal $479,910 Interest $288,384
YearPrincipalInterestBalance
1$11,243$19,489$468,668
2$11,713$19,019$456,955
3$12,203$18,529$444,752
4$12,713$18,018$432,039
5$13,245$17,487$418,794
6$13,799$16,933$404,995
7$14,376$16,356$390,618
8$14,978$15,754$375,641
9$15,604$15,128$360,037
10$16,257$14,475$343,780
11$16,937$13,795$326,843
12$17,645$13,087$309,198
13$18,383$12,348$290,815
14$19,152$11,580$271,662
15$19,953$10,778$251,709
16$20,788$9,944$230,921
17$21,657$9,074$209,264
18$22,563$8,168$186,700
19$23,507$7,225$163,193
20$24,490$6,241$138,703
21$25,515$5,217$113,188
22$26,582$4,150$86,606
23$27,694$3,038$58,912
24$28,852$1,879$30,059
25$30,059$673$0

At the end of your 5-year term

Total paid over the term
$153,659
Principal paid down
$61,117
Interest paid
$92,542
Balance remaining
$418,794

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
2.9%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.

6.1%
Gross yield
− Property tax $2,153− Condo fees $12,276− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,545

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

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