8888 Yonge Street 717, Richmond Hill

$629,634
8888 Yonge Street 717

$629,634

New
23d
Condo ApartmentApartment

8888 Yonge Street 717, Richmond Hill

Total Monthly Obligation $3,176

Beds
2
Baths
2
Park
1
Sqft
600-699
DOM
23d
Score
19
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-N13844932
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$436.35/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-CENTURY 21 MYPRO REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 717 at 8888 Yonge Street Condos! This bright and stylish 2-bedroom, 2-bathroom suite offers a 606 sq.ft. of interior space plus an 115 sq.ft. balcony, 9-ft ceilings, floor-to-ceiling windows, and an abundance of natural light. The contemporary kitchen features sleek cabinetry, quartz countertops, stainless steel/built-in appliances, and a functional island. Enjoy the convenience of a private balcony with great exposure and views. Parking can be purchased for $50,000 , and a locker for $5,000 .The well-appointed building offers an impressive selection of amenities, including a fitness centre, yoga studios, co-working space, social lounge, billiards room, event space, outdoor terrace with BBQs, pet spa, and landscaped outdoor spaces. Ideally located on Yonge St &Hwy 7, with easy access to Hwy 404 & 407, Richmond Hill GO, VIVA Transit, shopping, restaurants, parks, York University, and top-rated schools. Direct sale from the Builder, With an HST rebate and a builder VTB option available.. Builder's lawyer Agreement of Purchase and Sale and Builder forms to be used. Internet For 5 Years Included.

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

Closing Costs

Mortgage Amount
$503,707
Land Transfer Taxes$9,068
Legal Fees (Est.)
$
Total cash required for closing$136,495

Total Monthly Obligation

$3,176/mo
Mortgage $2,540
Monthly Loss $2,508
Principal$668
Interest$1,871
Condo Fees$436
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,324/yr
NOI
$19,655/yr
Net Cash Flow
-$902/mo
Cash Margin
-35.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
25.7/ 100

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

Comparables

Properties near 8888 Yonge Street 717

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.