322-8888 Yonge Street, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13845168

$578,000
For Sale
Listed 19 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Step into Unit 322 at 8888 Yonge Street Condos, a l-year-new modern residence that blends comfort, style, and convenience in one of Richmond Hill's most dynamic...
  • This thought fully crafted 2-bedroom, 2-bath suite offers a balanced layout with bright principal rooms, contemporary finishes, and a private outdoor space ideal for...
  • The open-concept living and dining area flows seamlessly, creating a welcoming atmosphere for relaxing or entertaining.
  • The primary bedroom features its own 3-piece bath, while the second bedroom provides flexible use for work, guests, or personal space.
  • Minutes to Langstaff GO, VIVA, and the future Yonge Subway Extension, this address offers exceptional connectivity for commuters and investors alike.

Step into Unit 322 at 8888 Yonge Street Condos, a l-year-new modern residence that blends comfort, style, and convenience in one of Richmond Hill's most dynamic neighborhood's. This thought fully crafted 2-bedroom, 2-bath suite offers a balanced layout with bright principal rooms, contemporary finishes, and a private outdoor space ideal for everyday living. The open-concept living and dining area flows seamlessly, creating a welcoming atmosphere for relaxing or entertaining. The primary bedroom features its own 3-piece bath, while the second bedroom provides flexible use for work, guests, or personal space. Both bathrooms show case clean, modern design-one with a deep tub for unwinding, the other with a streamlined glass shower. Located at the heart of Yonge & Highway 7, residents enjoy effortless access to transit, retail, dining, and upcoming infrastructure improvements. Minutes to Langstaff GO, VIVA, and the future Yonge Subway Extension, this address offers exceptional connectivity for commuters and investors alike. A perfect option for those seeking a fresh, move-in-ready suite in a growing, transit-oriented community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13845168
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge & HWY 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$566/mo
Exposure
North
Property tax
$2,805 / 2026
Days on market
19
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Bedroom 2Main2.56 × 2.26 m

laminate · closet

Primary BedroomMain3.20 × 2.77 m

laminate · closet

Living RoomMain5.09 × 3.41 m

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

KitchenMain5.09 × 3.41 m

laminate · b/i appliances · centre island

Dining RoomMain5.09 × 3.41 m

laminate · combined w/kitchen

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
$567kavg 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 $794/sqft; this home lists at $771/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
578kThis home643k559k498kThis 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
$2,634/mo
$122KIncome needed
4.7×Price ÷ income
$608Weekly cost
$8,035Land 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 $2,634Property tax $234Condo fee $566Total carry $3,434

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)
$2,557per month

Mortgage amount $462,400 · 4.49% over 25 years

$115,600Down payment (20.0%)
$462,400Loan before insurance
$0CMHC premium
$3,356Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$234
Condo / maintenance fees
$566
Heating
$0
Estimated monthly cost
$3,356

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

One-time closing costs

Ontario land transfer tax
$8,035
Estimated closing costs
$8,035

Plus your down payment of $115,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,094/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

$304,607Total interest paid
$767,007Total of all payments
Principal $462,400 Interest $304,607
YearPrincipalInterestBalance
1$10,319$20,361$452,081
2$10,787$19,893$441,294
3$11,277$19,403$430,017
4$11,789$18,891$418,228
5$12,324$18,356$405,903
6$12,884$17,796$393,019
7$13,469$17,211$379,550
8$14,081$16,600$365,470
9$14,720$15,960$350,750
10$15,388$15,292$335,362
11$16,087$14,593$319,275
12$16,817$13,863$302,458
13$17,581$13,099$284,877
14$18,379$12,301$266,498
15$19,214$11,467$247,284
16$20,086$10,594$227,198
17$20,998$9,682$206,201
18$21,951$8,729$184,249
19$22,948$7,732$161,301
20$23,990$6,690$137,311
21$25,079$5,601$112,232
22$26,218$4,462$86,014
23$27,408$3,272$58,606
24$28,653$2,028$29,954
25$29,954$727$0

At the end of your 5-year term

Total paid over the term
$153,401
Principal paid down
$56,497
Interest paid
$96,905
Balance remaining
$405,903

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
2.7%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.

5.0%
Gross yield
− Property tax $2,805− Condo fees $6,792− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,435

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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