505-9199 Yonge Street, Richmond Hill, ON

Langstaff, Richmond Hill · MLS® N13797436

$599,000
For Sale
Listed 32 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Fully renovated 2-bedroom, 2-bathroom suite in the heart of Richmond Hill, steps from Hillcrest Mall, direct bus to the GO station.
  • Updated from top to bottom: new Vinyl flooring, a REDESIGNED kitchen with custom cabinets, QUARTZ ISLAND and backsplash (2025), new light fixtures and vanities...
  • Resort-style amenities include indoor and outdoor pools on the 13th floor with city views, spa, yoga studio, outdoor terrace with cabanas and downtown views.
  • Close to top schools, shopping, HILLCREST MALL, big plazas. transit and everyday services.

Fully renovated 2-bedroom, 2-bathroom suite in the heart of Richmond Hill, steps from Hillcrest Mall, direct bus to the GO station. Updated from top to bottom: new Vinyl flooring, a REDESIGNED kitchen with custom cabinets, QUARTZ ISLAND and backsplash (2025), new light fixtures and vanities (2024), heated bathroom mirrors, SMOOTH FLAT CEILINGS throughout. BIG Balcony. Resort-style amenities include indoor and outdoor pools on the 13th floor with city views, spa, yoga studio, outdoor terrace with cabanas and downtown views. Close to top schools, shopping, HILLCREST MALL, big plazas. transit and everyday services.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13797436
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge St/16th Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$645/mo
Exposure
North
Property tax
$2,767 / 2026
Days on market
32
Listing brokerage
ROYAL LEPAGE TERREQUITY CAPITAL REALTY

Rooms

Bedroom 2Ground2.74 × 2.74 m

vinyl floor · 3 pc ensuite · w/o to balcony

Living RoomGround3.08 × 4.51 m

vinyl floor · open concept · w/o to terrace

Primary BedroomGround3.90 × 2.99 m

vinyl floor · 4 pc ensuite · w/o to balcony

KitchenGround3.38 × 3.08 m

vinyl floor · granite counters · centre island

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

Neighbourhood & location

Langstaff, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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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
$2,730/mo
$127KIncome needed
4.7×Price ÷ income
$630Weekly cost
$8,455Land 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 $2,730Property tax $231Condo fee $645Total carry $3,606

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)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,525Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$231
Condo / maintenance fees
$645
Heating
$0
Estimated monthly cost
$3,525

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

One-time closing costs

Ontario land transfer tax
$8,455
Estimated closing costs
$8,455

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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$2,700/mo
$32,400Gross annual rent
3.0%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.

5.4%
Gross yield
− Property tax $2,767− Condo fees $7,743− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,726

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

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