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Price Change$2,405,000

103 L/W - 8888 YONGE Street

South Richvale, Richmond Hill

$1,999,000

Condo Townhouse |
4 | 4 | 1 | 1
About this home

A brand-new, mixed-use live/work unit in the vibrant heart of Richmond Hill, at the prime intersection of Yonge and Highway 7. This spacious 2,473 sq. ft. ground-floor unit, with a 45 sq. ft. outdoor space, is perfectly designed for professionals who seek to combine their business and home life. With RM10 zoning, this unit features a dedicated commercial space plus a bright, residential layout: on the main floor, a bonus room and flexible work area, and on the second floor, a stylish kitchen, dining, and living space, alongside three bedrooms (including a private primary suite) and two full baths. Facing northwest, enjoy natural light and street exposure. Conveniently located steps from Langstaff GO Station, transit, and major routes, this is the perfect opportunity to invest in a dynamic space that truly fits your lifestyle. Lockers can be purchased for $5,000. Maintenance fees are $13.65 for storage and $45.00 for parking. Exclusive Rogers Internet Cable rights for the entire building, with a special offer of approximately $50 per month for internet service.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style2-Storey
Approx. AgeNew
Size2250-2499 sq. ft.
Maintenance Fees$2,813
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate, Surface, Underground
Property Tax$4,946
mls© NumberN12956138
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%
$10,232
Property tax
$412
Heat allowance
$150
Condo fees, half counted
$1,407
Housing costs
$12,201 / mo

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

Down payment20% · $399,800
25-yr amortization

Income needed

$375,000

gross annual household income

Payment at 4%
$8,412 / mo
Cash down
$399,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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