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New3 days ago

803 - 8888 Yonge Street

South Richvale, Richmond Hill

$650,000

Condo Apartment |
1 + 1 | 2 | 1 | 0
About this home

A World Class Luxury, Gorgeous 1 Bed+Den With 2 Full Bathrooms At The Luxury 8888 YONGE Condos in Downtown RICHMOND HILL. Located W/ Top Ranked Richmond hill High School Zone! Bright & Spacious Open Concept Layout. High Quality Design & Unique Finishes, Ensuite With large Closet & Washroom.Modern Kitchen With Quartz Counter, S/S Appliances, Under Mount Sink and Backsplash. Functional Den Can Be Used As 2Nd Bed Or Home Office. Balcony Offering Stunning Views. 5 StarS Amenities, 24Hr Concierge, Gym, Party Rm, Guest Suites & More! Steps Away From Public Transit,Shopping,Restaurants, Viva, LCBO, Close to Hwy 7/407.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$428
LockerNone
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,159
mls© NumberN13683692
Listed ByREMAX YOUR COMMUNITY REALTY
Common Elements Included
CAC Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,327
Property tax
$180
Heat allowance
$150
Condo fees, half counted
$214
Housing costs
$3,871 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $130,000
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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