1006E-8868 Yonge Street, Richmond Hill, ON

South Richvale, Richmond Hill · MLS® N13880654

$618,000
For Sale
Listed 6 days agoNo offer date stated

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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Prestigious Westwood Gardens Condo in Prime Richmond Hill.
  • Bright and spacious 2 Bedroom + Den suite featuring 2 full bathrooms and a functional open-concept layout.
  • Primary bedroom with a 3-piece ensuite and walk-out to the balcony.
  • 24-hour concierge & excellent building amenities.
  • Prime location close to shopping, restaurants, parks & York Region Transit.

Prestigious Westwood Gardens Condo in Prime Richmond Hill. Bright and spacious 2 Bedroom + Den suite featuring 2 full bathrooms and a functional open-concept layout. Modern kitchen overlooking the combined living & dining area. Primary bedroom with a 3-piece ensuite and walk-out to the balcony. Second bedroom with a closet and window. Quality laminate flooring throughout. 24-hour concierge & excellent building amenities. Prime location close to shopping, restaurants, parks & York Region Transit. A fantastic opportunity to enjoy modern, comfortable living in one of Richmond Hill's most desirable communities. Photos have been virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13880654
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge and Westwood LN
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$814/mo
Exposure
East
Property tax
$3,081 / 2025
Days on market
6
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Primary BedroomFlat13.51 × 9.51 m
Bedroom 2Flat12.11 × 9.38 m
Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

South Richvale, Richmond Hill, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,817/mo
$134KIncome needed
4.6×Price ÷ income
$650Weekly cost
$8,835Land 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 $2,817Property tax $257Condo fee $814Total carry $3,888

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)
$2,734per month

Mortgage amount $494,400 · 4.49% over 25 years

$123,600Down payment (20.0%)
$494,400Loan before insurance
$0CMHC premium
$3,804Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,734
Property tax
$257
Condo / maintenance fees
$814
Heating
$0
Estimated monthly cost
$3,804

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

One-time closing costs

Ontario land transfer tax
$8,835
Estimated closing costs
$8,835

Plus your down payment of $123,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,309/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

$325,687Total interest paid
$820,087Total of all payments
Principal $494,400 Interest $325,687
YearPrincipalInterestBalance
1$11,033$21,771$483,367
2$11,534$21,270$471,833
3$12,058$20,746$459,776
4$12,605$20,198$447,171
5$13,177$19,626$433,993
6$13,776$19,028$420,218
7$14,401$18,402$405,817
8$15,055$17,749$390,762
9$15,738$17,065$375,023
10$16,453$16,350$358,570
11$17,200$15,603$341,370
12$17,981$14,822$323,389
13$18,797$14,006$304,592
14$19,651$13,153$284,941
15$20,543$12,260$264,397
16$21,476$11,328$242,921
17$22,451$10,352$220,470
18$23,470$9,333$197,000
19$24,536$8,267$172,464
20$25,650$7,153$146,814
21$26,815$5,989$119,999
22$28,032$4,771$91,967
23$29,305$3,498$62,662
24$30,636$2,168$32,027
25$32,027$777$0

At the end of your 5-year term

Total paid over the term
$164,017
Principal paid down
$60,407
Interest paid
$103,611
Balance remaining
$433,993

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.

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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
2.5%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 $3,081− Condo fees $9,770− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,385

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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