219-8888 YONGE Street, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13832234

$629,000
For Sale
Listed 23 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Parking
700-799Sq ft

About this home

In short

  • Welcome to 8888 Yonge St.
  • Brand New Bright And Spacious 2 Bedroom 2 Full Baths Unit.
  • Conveniently Located at Yonge St & Hwy 7/407 ETR, Minutes to GO Transit VIVA Buses At Door Stop.
  • Lots of Amenities Steps Away Including Restaurants, Retail Shops, Entertainment And Schools! 1 Parking & 1 Locker INCLUDED

Welcome to 8888 Yonge St. Brand New Bright And Spacious 2 Bedroom 2 Full Baths Unit. 708 + 85 Sq Ft. Move-in ready! Brand New Kitchen With Island And S/S Appliances. Conveniently Located at Yonge St & Hwy 7/407 ETR, Minutes to GO Transit VIVA Buses At Door Stop. Lots of Amenities Steps Away Including Restaurants, Retail Shops, Entertainment And Schools! **1 Parking & 1 Locker INCLUDED**

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13832234
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge & Hwy 7
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North
Days on market
23
Listing brokerage
RE/MAX MILLENNIUM REAL ESTATE

Rooms

Primary BedroomFlat0.00 × 0.00 m

laminate · large window · 3 pc ensuite

Bedroom 2Flat0.00 × 0.00 m

laminate · large window · closet

Dining RoomFlat0.00 × 0.00 m

laminate · open concept · combined w/kitchen

KitchenFlat0.00 × 0.00 m

centre island · stainless steel appl · b/i microwave

Living RoomFlat0.00 × 0.00 m

laminate · combined w/dining · w/o to balcony

DenFlat0.00 × 0.00 m

Laminate

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 South Richvale · asking prices
$652kavg 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 $929/sqft; this home lists at $839/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
629kThis home639k618k699kThis home vs active comparables

Neighbourhood & location

South Richvale, 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.

Langstaff
$524K
Observatory
$550K
North Richvale
$643K
Doncrest
$570K
Harding
$514K

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
$126KIncome needed
5.0×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.

88%mortgage
Mortgage $2,867Estimated property tax $393Total carry $3,260

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)
$2,782per month

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

$125,800Down payment (20.0%)
$503,200Loan before insurance
$0CMHC premium
$3,175Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,782
Estimated property tax
$393
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,175

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
Estimate$2,400/mo
$28,800Gross annual rent
3.3%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.

4.6%
Gross yield
− Property tax $4,403− Insurance $600− Vacancy & upkeep $3,168Net operating income $20,629

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE. MLS®/PropTx.

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