8888 Yonge Street 1103, Richmond Hill

$979,000
8888 Yonge Street 1103

$979,000

New
28d
Condo ApartmentApartment

8888 Yonge Street 1103, Richmond Hill

Total Monthly Obligation $5,260

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
28d
Score
18
Yield
5.4%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-N13828270
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,998.15 (2026)
Maintenance-$777.83/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-Flexible
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Experience elevated luxury living at 8888 Yonge Street, one of Richmond Hill's premier condominium addresses. Completed in 2025, this exceptional 2-bedroom + den, 2-bath residence offers 1,156 sq. ft. of thoughtfully designed interior space plus an oversized 155 sq. ft. open private balcony. The spacious, functional layout combines elegance, comfort, and everyday practicality. The den features a window and can be used as a home office or third bedroom. The designer kitchen features premium built-in stainless steel appliances, quartz countertops, a large centre island, abundant cabinetry, and elegant finishes, flowing seamlessly into the bright open-concept living and dining area with floor-to-ceiling windows. The spacious primary retreat includes a walk-in closet and luxurious 5-piece ensuite with a soaker tub and separate glass shower. Step onto the expansive 155 sq. ft. balcony and enjoy beautiful unobstructed north-facing views-an ideal outdoor retreat for morning coffee, evening relaxation, or entertaining. Perfectly positioned along the Yonge Street corridor, enjoy restaurants, cafés, shopping, parks, golf courses, and everyday conveniences just moments away. Langstaff GO Station is nearby, with quick access to Highways 407, 404, and 7. Families will appreciate the excellent school catchment, including Charles Howitt Public School and Langstaff Secondary School, offering Advanced Placement (AP) and French Immersion programs. A rare opportunity combining luxury finishes, generous living space, exceptional outdoor living, and a prime Richmond Hill location-ideal for professionals, families, downsizers, and discerning buyers.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$783,200
Land Transfer Taxes$16,055
Legal Fees (Est.)
$
Total cash required for closing$213,355

Total Monthly Obligation

$5,260/mo
Mortgage $3,949
Monthly Loss $4,221
Principal$1,039
Interest$2,910
Property Tax$333
Condo Fees$778
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.3/ 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
$52,812/yr
NOI
$31,799/yr
Net Cash Flow
-$1,299/mo
Cash Margin
-29.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
18.4/ 100

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

Comparables

Properties near 8888 Yonge Street 1103

Time

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