8868 Yonge Street 809E, Richmond Hill

$399,000
8868 Yonge Street 809E

$399,000

New
22d
Condo ApartmentApartment

8868 Yonge Street 809E, Richmond Hill

Total Monthly Obligation $2,559

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
22d
Score
21
Yield
6.8%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-N13849900
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,257.51 (2025)
Maintenance-$561.02/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60/90/Tba
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Welcome To Westwood Gardens In The Heart Of Richmond Hill! This Bright & Stylish 1-Bedroom + Den Suite Offers A Functional Open-Concept Layout With An East-Facing Exposure, Bringing In Beautiful Morning & Sunrise Light. Enjoy A Spacious Living & Dining Area With Walk-Out To A Private Balcony, Offering The Perfect Spot To Relax And Take In The Open Yonge Street View. The Modern Kitchen Features Sleek Cabinetry, Quartz Countertops & Stainless Steel Appliances. The Versatile Den Is Ideal For A Home Office, Reading Nook Or Guest Space. 9-Ft Ceilings, Contemporary Finishes & Carpet-Free Flooring Complete This Move-In-Ready Home. Includes 1 Underground Parking Space & 1 Locker.Enjoy An Impressive Array Of Building Amenities Including 24-Hr Concierge, Fully Equipped Gym, Yoga Studio, Sauna, Indoor Basketball Court, Media Lounge, Party Room, Dog Spa, Rooftop Terrace & Visitor Parking. Ideally Located Near Yonge St & Hwy 7/407, With Easy Access To Langstaff GO, Richmond Hill Centre, YRT & VIVA Transit. Walking Distance To Shopping, Restaurants, Parks & Everyday Amenities, Including Hillcrest Mall, Walmart & A Variety Of Grocery Options. A Wonderful Opportunity For First-Time Buyers, Professionals Or Investors Seeking Modern Comfort And Unbeatable Convenience In Richmond Hill!

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

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,559/mo
Mortgage $1,609
Monthly Loss $2,135
Principal$424
Interest$1,186
Property Tax$188
Condo Fees$561
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.2%37
10-Year IRR
11.0%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$27,252/yr
NOI
$13,137/yr
Net Cash Flow
-$515/mo
Cash Margin
-22.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.7/ 100

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

Comparables

Properties near 8868 Yonge Street 809E

Time

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Data last updated within the past 24 hours.