8888 YONGE Street 219, Richmond Hill

$629,000
8888 YONGE Street 219

$629,000

New
29d
Condo ApartmentApartment

8888 YONGE Street 219, Richmond Hill

Total Monthly Obligation $2,737

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
700-799
DOM
29d
Score
24
Yield
5.0%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Condo Apartment
MLS® Number-N13832234
Bed+Den-3+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX MILLENNIUM REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

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**

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

Closing Costs

Mortgage Amount
$503,200
Land Transfer Taxes$9,055
Legal Fees (Est.)
$
Total cash required for closing$136,355

Total Monthly Obligation

$2,737/mo
Mortgage $2,537
Monthly Loss $2,070
Principal$668
Interest$1,870
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
12.8%56
10-Year IRR
12.7%
Returns Index
29.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$31,440/yr
NOI
$25,896/yr
Net Cash Flow
-$379/mo
Cash Margin
-14.5%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
31.6/ 100

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

Comparables

Properties near 8888 YONGE Street 219

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.