9088 Yonge Street 507A, Richmond Hill

$499,900
9088 Yonge Street 507A

$499,900

New
29d
Condo ApartmentApartment

9088 Yonge Street 507A, Richmond Hill

Total Monthly Obligation $3,082

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
29d
Score
18
Yield
5.7%
Cash on Cash
-5.7%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-N13823332
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,631 (2025)
Maintenance-$646.78/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-60-90 days
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Very Conveniently Located At Yonge And Hwy 7 & Hwy 407, This Unit Is Within Walking Distance Of Many Amenities Of Shopping Plazas, The Future Subway Station, Parks, Schools, Public Transits Etc., This Luxurious Unit Boasts A Very Functional Floor Plan And Picturesque View With A Large Balcony. One Parking Lot And One Locker Included. 9 Feet High Ceiling, Granite Countertop Kitchen W/ Centre Island, Large Size Den Can Be Used As Office Or 2nd Bed Room.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,082/mo
Mortgage $2,016
Monthly Loss $2,552
Principal$531
Interest$1,486
Property Tax$219
Condo Fees$647
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,596/yr
NOI
$12,944/yr
Net Cash Flow
-$938/mo
Cash Margin
-39.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 9088 Yonge Street 507A

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.