9600 Yonge Street 219B, Richmond Hill

$648,000
9600 Yonge Street 219B

$648,000

New
4d
Condo ApartmentApartment

9600 Yonge Street 219B, Richmond Hill

Total Monthly Obligation $3,810

Bed+Den
2+1
Baths
2
Park
1
Sqft
800-899
DOM
4d
Score
16
Yield
4.8%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-N14093530
Bed+Den-2+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,249.43 (2026)
Maintenance-$725.03/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-ROYAL LEPAGE MAXIMUM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Poured Concrete
Possession-TBA
Neighbourhood-North Richvale
Title-Residential Condo & Other

No agent assigned

Welcome to Grand Palace, luxurious living and conveniently located in the heart of RichmondHill. This stunning 1 Bedroom + Den, 2 Bathroom 825 sq ft suite offers an elegant and spacious open-concept layout enhanced by 9' ceilings and eastern exposure offering an abundance of natural light. This condo is in prestine condition, pride of ownership, the kitchen features granite countertops, quality upgraded cabinetry, upgraded appliances and backsplash, ample closet space, and a spacious den, floor to ceiling windows, open view and lower floor, easily exit to Yonge St from a side doorway . The primary bedroom provides a private retreat complete with a 4-piece ensuite bath with a stand-up shower and *rarely featured walk in closet. A separate den offers incredible versatility and can easily function as a second bedroom, home office, or guest space. With two full bathrooms, this suite is ideal for professionals, small families, or investors seeking premium value. Includes one underground parking space and a dedicated storage locker for added convenience. Residents of Grand Palace enjoy access to amazing amenities, including an indoor swimming pool, sauna, fully equipped fitness centre, beautiful party room, guest suites, and 24-hour concierge service - offering a true higher style living experience. Centrally located just steps to shopping, restaurants, and transit. Location, location, prime Richmond Hill address delivers great accessibility and lifestyle comfort and luxury. Don't miss this one!

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Closing Costs

Mortgage Amount
$518,400
Land Transfer Taxes$9,435
Legal Fees (Est.)
$
Total cash required for closing$140,535

Total Monthly Obligation

$3,810/mo
Mortgage $2,614
Monthly Loss $3,122
Principal$688
Interest$1,926
Property Tax$271
Condo Fees$725
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.7%13
10-Year IRR
7.4%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,864/yr
NOI
$13,428/yr
Net Cash Flow
-$1,495/mo
Cash Margin
-58.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
20.9/ 100

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

Comparables

Properties near 9600 Yonge Street 219B

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.

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Data last updated within the past 24 hours.