9618 Yonge Street 1008, Richmond Hill

$558,000
9618 Yonge Street 1008

$558,000

New
23d
Common Element CondoApartment

9618 Yonge Street 1008, Richmond Hill

Total Monthly Obligation $3,203

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
23d
Score
18
Yield
5.2%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Common Element Condo
MLS® Number-N13847512
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Common Element Condo
Age-6-10
Taxes-$2,523.55 (2026)
Maintenance-$541.59/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-North Richvale
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and beautifully maintained 1 Bedroom + Den condo at 9618 Yonge Street in the heart of Richmond Hill. Featuring 9-foot ceilings and a functional open-concept layout, this thoughtfully designed suite offers a spacious bedroom plus a versatile den, ideal for a home office, nursery, or guest room. Enjoy peaceful east-facing views from your private balcony. The spacious kitchen is equipped with Whirlpool appliances, including a stove, built-in microwave, dishwasher, and stacked washer & dryer, complemented by a premium Fisher & Paykel refrigerator. One owned parking space and one locker are included. Residents enjoy outstanding amenities, including a 24-hour concierge, indoor pool, fitness centre, party room, and visitor parking. Perfectly situated just steps from Hillcrest Mall, T&T Supermarket, restaurants, cafés, grocery stores, banks, parks, public transit, and everyday conveniences. Commuters will appreciate the quick access to Highways 407 and 404, while nearby Richmond Hill GO Transit provides convenient travel throughout the GTA.

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

Closing Costs

Mortgage Amount
$446,400
Land Transfer Taxes$7,635
Legal Fees (Est.)
$
Total cash required for closing$120,735

Total Monthly Obligation

$3,203/mo
Mortgage $2,251
Monthly Loss $2,610
Principal$592
Interest$1,659
Property Tax$210
Condo Fees$542
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.7%21
10-Year IRR
8.9%
Returns Index
11.9/ 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
$28,968/yr
NOI
$14,649/yr
Net Cash Flow
-$1,030/mo
Cash Margin
-42.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.7/ 100

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

Comparables

Properties near 9618 Yonge Street 1008

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.