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1 / 0
New6 days ago

1205 - 8888 Yonge Street

South Richvale, Richmond Hill

$1,339,000

Condo Apartment |
3 + 1 | 3 | 0 | 0
About this home

Welcome to Unit 1205 at 8888 Yonge Street Condos-a brand-new, never-occupied luxury residence offered directly by the Builder. This stunning 3-bedroom plus den, 3-bathroom suite has never been sold, leased or occupied and offers approximately 1,664 sq. ft. of spacious interior living plus a 175 sq. ft. private outdoor terrace. Designed for modern living and entertaining, this elegant 12th-floor residence is situated in a contemporary 15-storey building in a prime Richmond Hill location. Enjoy exceptional access to Hwy 407, Hwy 7, Langstaff GO Station, VIVA Transit and the future TTC Yonge North Subway Extension. Parking is available for purchase at $60,000 and lockers at $5,000. Additional monthly maintenance is approximately $45 for parking and $13.65 for a locker. The building offers exclusive Rogers internet service at a special building rate of approximately $26/month. An attractive Vendor Take-Back (VTB) mortgage option may also be available at a favorable rate, subject to terms and approval. As a brand-new, never-occupied Builder unit, the purchaser may also be eligible for applicable HST rebates, subject to government requirements and purchaser qualification. Buyers are advised to consult their lawyer and accountant regarding HST rebate eligibility. Experience exceptional space, contemporary luxury and convenience at 8888 Yonge Street!

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size1600-1799 sq. ft.
Maintenance Fees$1,000
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,572
mls© NumberN13747496
Listed ByCENTURY 21 HERITAGE GROUP LTD.
Common Elements 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%
$6,854
Property tax
$214
Heat allowance
$150
Condo fees, half counted
$500
Housing costs
$7,718 / mo

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

Down payment20% · $267,800
25-yr amortization

Income needed

$237,000

gross annual household income

Payment at 4%
$5,635 / mo
Cash down
$267,800

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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