811-9471 Yonge Street, Richmond Hill, ON

Observatory, Richmond Hill · MLS® N13695812

$472,000
For Sale
Listed 60 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Enjoy the Conveinant Living at luxurious "XPRESSION CONDO" On yonge St. beautifully maintained 1+1 Unit with well size 645sqf Open Concept with open Balcony in one of...
  • The well-appointed kitchen flows seamlessly into the living and dining areas with Led Cilling Light. building amenities, including a fully equipped fitness centre...

Enjoy the Conveinant Living at luxurious "XPRESSION CONDO" On yonge St. beautifully maintained 1+1 Unit with well size 645sqf Open Concept with open Balcony in one of Richmond Hill's most sought-after condo communities . this home offers comfortable everyday living with spacious principal rooms, abundant natural light, and a private balcony to enjoy . The well-appointed kitchen flows seamlessly into the living and dining areas with Led Cilling Light. building amenities, including a fully equipped fitness centre, indoor pool, and 24-hour concierge, offering both convenience and peace of mind. Ideally located in the heart of Richmond Hill, you're just steps to Hillcrest Mall, restaurants, cafes, grocery stores, parks, public transit, and everything the vibrant Yonge Street corridor has to offer, with easy access to major highways for a seamless commute.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13695812
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge/16th Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$628/mo
Exposure
East
Property tax
$2,539 / 2026
Days on market
60
Listing brokerage
KELLER WILLIAMS EMPOWERED REALTY

Rooms

Living RoomGround3.12 × 4.39 m

laminate · led lighting

KitchenGround2.13 × 3.05 m

laminate · granite counters

Dining RoomGround3.12 × 4.39 m

Laminate

DenGround1.85 × 2.81 m

Laminate

BedroomGround3.07 × 3.02 m

laminate · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Observatory · asking prices
$499kavg asking

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

Per square foot, these ask about $769/sqft; this home lists at $727/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
472kThis home499k429k569kThis home vs active comparables

Neighbourhood & location

Observatory, 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.

North Richvale
$643K
Langstaff
$521K
Harding
$514K
South Richvale
$553K
Crosby
$860K

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
$2,151/mo
$104KIncome needed
4.5×Price ÷ income
$496Weekly cost
$5,915Land 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.

72%mortgage
Mortgage $2,151Property tax $212Condo fee $628Total carry $2,991

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)
$2,088per month

Mortgage amount $377,600 · 4.49% over 25 years

$94,400Down payment (20.0%)
$377,600Loan before insurance
$0CMHC premium
$2,927Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,088
Property tax
$212
Condo / maintenance fees
$628
Heating
$0
Estimated monthly cost
$2,927

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

One-time closing costs

Ontario land transfer tax
$5,915
Estimated closing costs
$5,915

Plus your down payment of $94,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,527/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

$248,745Total interest paid
$626,345Total of all payments
Principal $377,600 Interest $248,745
YearPrincipalInterestBalance
1$8,426$16,627$369,174
2$8,809$16,245$360,365
3$9,209$15,845$351,156
4$9,627$15,427$341,528
5$10,064$14,990$331,464
6$10,521$14,533$320,943
7$10,999$14,055$309,944
8$11,498$13,556$298,446
9$12,020$13,033$286,426
10$12,566$12,488$273,859
11$13,137$11,917$260,723
12$13,733$11,321$246,990
13$14,357$10,697$232,633
14$15,009$10,045$217,625
15$15,690$9,364$201,935
16$16,402$8,651$185,532
17$17,147$7,907$168,385
18$17,926$7,128$150,460
19$18,740$6,314$131,720
20$19,590$5,463$112,130
21$20,480$4,574$91,650
22$21,410$3,644$70,240
23$22,382$2,672$47,858
24$23,398$1,656$24,460
25$24,460$593$0

At the end of your 5-year term

Total paid over the term
$125,269
Principal paid down
$46,136
Interest paid
$79,133
Balance remaining
$331,464

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$2,050/mo
$24,600Gross annual rent
2.4%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.

5.2%
Gross yield
− Property tax $2,539− Condo fees $7,535− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,220

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

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