318B-9600 YONGE Street, Richmond Hill, ON

North Richvale, Richmond Hill · MLS® N13673092

$525,000
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Some condos check the boxes.
  • This bright and spacious 1+1 bedroom suite offers the perfect combination of comfort, style, and convenience.
  • Enjoy an open-concept layout filled with natural light, thoughtfully designed for both relaxing and entertaining.
  • Step outside and discover why this location is so desirable-just moments from shopping, restaurants (one of the best bakeries in your building!), cafes, parks, public...

Some condos check the boxes. This one offers a lifestyle.Welcome to Grand Genesis, one of Richmond Hill's most sought-after condominium residences. This bright and spacious 1+1 bedroom suite offers the perfect combination of comfort, style, and convenience. The versatile den is ideal for a home office, guest space, or reading nook, making it easy to adapt the home to your lifestyle.Enjoy an open-concept layout filled with natural light, thoughtfully designed for both relaxing and entertaining. Step outside and discover why this location is so desirable-just moments from shopping, restaurants (one of the best bakeries in your building!), cafes, parks, public transit, and easy access to Highways 404 and 407.Residents enjoy exceptional amenities including a 24-hour concierge, indoor pool, fitness centre, party room, guest suites, and beautifully maintained common areas.Whether you're a professional, couple, or someone looking to enjoy an upscale, low-maintenance lifestyle, this is an outstanding opportunity to call Grand Palace home.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13673092
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge St/Weldrick
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$521/mo
Exposure
North
Property tax
$2,486 / 2026
Days on market
67
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

KitchenMain3.32 × 3.63 m

stainless steel appl · granite counters · laminate

DenMain2.19 × 2.60 m

Laminate

Dining RoomMain32.00 × 3.47 m

combined w/living · laminate · open concept

Primary BedroomMain3.35 × 3.35 m

double closet · picture window · laminate

Living RoomMain3.20 × 3.47 m

laminate · electric fireplace · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

North Richvale, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,393/mo
$111KIncome needed
4.7×Price ÷ income
$552Weekly cost
$6,975Land 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.

77%mortgage
Mortgage $2,393Property tax $207Condo fee $521Total carry $3,121

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,322per month

Mortgage amount $420,000 · 4.49% over 25 years

$105,000Down payment (20.0%)
$420,000Loan before insurance
$0CMHC premium
$3,050Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,322
Property tax
$207
Condo / maintenance fees
$521
Heating
$0
Estimated monthly cost
$3,050

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

One-time closing costs

Ontario land transfer tax
$6,975
Estimated closing costs
$6,975

Plus your down payment of $105,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,811/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

$276,676Total interest paid
$696,676Total of all payments
Principal $420,000 Interest $276,676
YearPrincipalInterestBalance
1$9,373$18,494$410,627
2$9,798$18,069$400,829
3$10,243$17,624$390,586
4$10,708$17,159$379,878
5$11,194$16,673$368,684
6$11,703$16,164$356,981
7$12,234$15,633$344,747
8$12,789$15,078$331,958
9$13,370$14,497$318,588
10$13,977$13,890$304,611
11$14,612$13,255$289,999
12$15,275$12,592$274,724
13$15,969$11,898$258,755
14$16,694$11,173$242,061
15$17,452$10,415$224,609
16$18,244$9,623$206,365
17$19,072$8,795$187,293
18$19,938$7,929$167,354
19$20,844$7,023$146,511
20$21,790$6,077$124,721
21$22,779$5,088$101,941
22$23,814$4,053$78,127
23$24,895$2,972$53,232
24$26,025$1,842$27,207
25$27,207$660$0

At the end of your 5-year term

Total paid over the term
$139,335
Principal paid down
$51,316
Interest paid
$88,019
Balance remaining
$368,684

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$1,700/mo
$20,400Gross annual rent
1.7%Cap rate after taxes and upkeep

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.

3.9%
Gross yield
− Property tax $2,486− Condo fees $6,257− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,814

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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