205-9201 YONGE Street, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13598324

$629,000
For Sale
Listed 88 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this bright and spacious 2-bedroom, 2-bathroom suite offering approximately 882 sq. ft. of thoughtfully designed living space, plus an impressive 130 sq....
  • The functional open-concept layout features an upgraded kitchen with stainless steel appliances, including a Fisher & Paykel refrigerator, stove, built-in dishwasher...
  • Experience resort-style living at the prestigious Beverly Hills Resort Residences, featuring luxury amenities including indoor and outdoor swimming pools, a fully...
  • Ideally located just steps to Viva Transit, Hillcrest Mall, restaurants, shops, and everyday conveniences, with quick access to major highways for an effortless commute.
  • This unit also includes one premium parking space conveniently located near the elevator and one locker located directly behind the parking space.

Welcome to this bright and spacious 2-bedroom, 2-bathroom suite offering approximately 882 sq. ft. of thoughtfully designed living space, plus an impressive 130 sq. ft. private balcony-perfect for relaxing or entertaining. The functional open-concept layout features an upgraded kitchen with stainless steel appliances, including a Fisher & Paykel refrigerator, stove, built-in dishwasher, microwave, and in-suite washer and dryer. Experience resort-style living at the prestigious Beverly Hills Resort Residences, featuring luxury amenities including indoor and outdoor swimming pools, a fully equipped fitness centre, party room, 24-hour concierge, beautifully appointed common areas, and ample visitor parking. Ideally located just steps to Viva Transit, Hillcrest Mall, restaurants, shops, and everyday conveniences, with quick access to major highways for an effortless commute. This unit also includes one premium parking space conveniently located near the elevator and one locker located directly behind the parking space. This property combines luxury, convenience, and lifestyle and is ideal for first-time buyers, professionals, downsizers, or investors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13598324
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge & 16th
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$676/mo
Exposure
South
Property tax
$2,720 / 2025
Days on market
88
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Flat2.89 × 2.44 m

closet · hardwood floor · glass doors

Primary BedroomFlat4.22 × 3.05 m

large window · hardwood floor · 3 pc ensuite

Living RoomFlat4.16 × 3.05 m

w/o to balcony · hardwood floor · open concept

Dining RoomFlat4.16 × 3.05 m

open concept · hardwood floor · combined w/living

KitchenFlat4.09 × 3.60 m

open concept · stainless steel appl · combined w/dining

Our TakeTeam Asgarian · Broker
A small discount is typical
$612Klikely sale price

Listed at $629,000. 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 $612K, if it sells. A realistic range is $576K to $662K.

Independent value check: $577K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $536K and $606K).

Why $577K. 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.

Longer on the market than typical. 88 days on the market against about 48 for homes like it here, and asking 9% above where comparable closings put it.

List price
$576KBelow recent closings$662KAbove recent closings

Total price vs nearby homes. Likely closing about $612K, 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
88days on market so far
$2,849/moest. rent · 16 leases
5.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.9 months of inventory: 61 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 $740/sqft against an area asking average of $690/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 $559K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 8 homes sold in this building over the past two years, from 335 closings in Langstaff.

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
$905K

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
$2,867/mo
$132KIncome needed
4.7×Price ÷ income
$662Weekly cost
$9,055Land 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.

76%mortgage
Mortgage $2,867Property tax $227Condo fee $676Total carry $3,770

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,782per month

Mortgage amount $503,200 · 4.49% over 25 years

$125,800Down payment (20.0%)
$503,200Loan before insurance
$0CMHC premium
$3,685Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,782
Property tax
$227
Condo / maintenance fees
$676
Heating
$0
Estimated monthly cost
$3,685

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

One-time closing costs

Ontario land transfer tax
$9,055
Estimated closing costs
$9,055

Plus your down payment of $125,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,368/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

$331,484Total interest paid
$834,684Total of all payments
Principal $503,200 Interest $331,484
YearPrincipalInterestBalance
1$11,229$22,158$491,971
2$11,739$21,648$480,232
3$12,272$21,115$467,959
4$12,829$20,558$455,130
5$13,412$19,976$441,718
6$14,021$19,367$427,697
7$14,657$18,730$413,040
8$15,323$18,064$397,717
9$16,019$17,369$381,699
10$16,746$16,641$364,953
11$17,506$15,881$347,446
12$18,301$15,086$329,145
13$19,132$14,255$310,013
14$20,001$13,387$290,012
15$20,909$12,478$269,104
16$21,858$11,529$247,245
17$22,851$10,537$224,395
18$23,888$9,499$200,507
19$24,973$8,415$175,534
20$26,107$7,281$149,427
21$27,292$6,095$122,135
22$28,531$4,856$93,604
23$29,827$3,561$63,777
24$31,181$2,207$32,597
25$32,597$791$0

At the end of your 5-year term

Total paid over the term
$166,937
Principal paid down
$61,482
Interest paid
$105,455
Balance remaining
$441,718

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 16 whole-home leases in Langstaff$2,849/mo
$34,188Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,706 to $2,991Typical 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 16 whole-home leases in Langstaff signed at a median of $2,386 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,849. 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.

5.4%
Gross yield
− Property tax $2,720− Condo fees $8,116− Insurance $600− Vacancy & upkeep $3,761Net operating income $18,992

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

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