8888 Yonge Street 209, Richmond Hill

$449,000
8888 Yonge Street 209

$449,000

New
9d
Condo ApartmentApartment

8888 Yonge Street 209, Richmond Hill

Total Monthly Obligation $2,568

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
9d
Score
20
Yield
5.7%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-N14032626
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$2,135.89 (2026)
Maintenance-$378.88/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

This luxurious one Bedroom unit offers ample space at 8888 Yonge St! The unit is designed for modern living, with 521 square feet of indoor space and 100 square feet of outdoor living , boasts 9' smooth ceilings with hardwood flooring throughout . The modern kitchen is fitted with quartz counters, a stylish tiled backsplash, under-cabinet valance lighting, and a full set of integrated built-in appliances, perfect for the modern chef. The open-concept kitchen, living, dining areas for living and entertaining. Residents can also enjoy a large balcony which has unobstructed south west view . The bedroom allows for plenty of light to enter with oversized windows , bathroom fitted with Quartz Countertops, LARGE mirror . 8888 Yonge is a prime address offering a dynamic lifestyle, features many modern amenities, both indoor and outdoor, such as a health and fitness center with indoor/outdoor yoga studios, a party room with a chef's kitchen, billiards, a social lounge, an outdoor BBQ and fireplace, and Zen garden with an outdoor lounge. This condo's prime location is close to everyday amenities such as Langstaff GO Station (GO Train access), groceries (Walmart, Loblaws, No Frills), entertainment (Silver City), restaurants, and more! easy access to major highways like Highway 407 and Highway 7, Viva Transit, and the upcoming TTC Yonge Subway expansion . Move-In Now! Parking is available for purchase at $50,000, and a locker can be purchased for $5,000. Monthly maintenance is $13.65 for the locker and $45 for the parking spot. Plus enjoy free exclusive Rogers Internet !

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

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,568/mo
Mortgage $1,811
Monthly Loss $2,091
Principal$477
Interest$1,335
Property Tax$178
Condo Fees$379
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.4%32
10-Year IRR
10.2%
Returns Index
16.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$25,644/yr
NOI
$13,997/yr
Net Cash Flow
-$645/mo
Cash Margin
-30.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.2/ 100

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

Comparables

Properties near 8888 Yonge Street 209

Time

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