9618 Yonge Street 220, Richmond Hill

$556,000
9618 Yonge Street 220

$556,000

New
3d
Condo ApartmentApartment

9618 Yonge Street 220, Richmond Hill

Total Monthly Obligation $3,329

Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
3d
Score
18
Yield
5.4%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-N14097930
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,918.8 (2026)
Maintenance-$642.91/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-LANDPOWER REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-North Richvale
Title-Residential Condo & Other

No agent assigned

Luxury 1 Bed + Den Unit with Spectacular Unobstructed Corner Views in the Heart of Richmond Hill. 762 Sq Ft + Corner Balcony (As Per Builder). Quiet, Bright & Spacious Layout with Floor- To-Ceiling Windows, Laminate Flooring, Granite Countertops, Backsplash, S/S Appliances. Den Can Be Used as 2nd Bedroom or Home Office. Can Build Customized Door with Permit As An Independent Good Size 2nd Bedroom. Primary Bedroom Has Direct Door Access To The Bath Room Like An Ensuite. Washroom Upgraded To Walk-In Shower. Professional Cleaned And Move In Ready. Amazing Amenities: Indoor Pool, Sauna, Gym, Party Room, Bike Storage, Guest Suites, and More. Super Convenient Location: Steps to Public Transit; Viva Bus Stations & TTC, Hillcrest Mall, Grocery Stores (T&T, H-Mart, No Frills), Restaurants/Cafes, Medical Clinics. Minutes to Highway, Schools, Parks, RH Central Library & Hospital.

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

Closing Costs

Mortgage Amount
$444,800
Land Transfer Taxes$7,595
Legal Fees (Est.)
$
Total cash required for closing$120,295

Total Monthly Obligation

$3,329/mo
Mortgage $2,243
Monthly Loss $2,739
Principal$590
Interest$1,653
Property Tax$243
Condo Fees$643
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.4%20
10-Year IRR
8.7%
Returns Index
11.2/ 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
$30,132/yr
NOI
$14,085/yr
Net Cash Flow
-$1,069/mo
Cash Margin
-42.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.8/ 100

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

Comparables

Properties near 9618 Yonge Street 220

Time

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