8888 Yonge Street 905, Richmond Hill

$1,330,868
8888 Yonge Street 905

$1,330,868

New
23d
Condo ApartmentApartment

8888 Yonge Street 905, Richmond Hill

Total Monthly Obligation $6,610

Bed+Den
4+1
Baths
3
Park
0
Sqft
1600-1799
DOM
23d
Score
19
Yield
5.1%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-N13844780
Bed+Den-4+1
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$1,041.52/mo
Locker-None
Parking-Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-CENTURY 21 MYPRO REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

LIVING AT 8888 YONGE - A RARE OPPORTUNITY TO OWN ONE OF RICHMOND HILL'S MOST IMPRESSIVE RESIDENCES! Prepare to be impressed by this exceptional 1,664 sq. ft plus 175sqft outdoor terrace. 3 generous bedrooms plus Den With 3 bathrooms. South East Facing, offering the space, elegance and breathtaking views that are rarely found in condominium living. this spectacular residence is truly "To See Is To Believe."Designed for those who appreciate both luxury and functionality, Floor-to-ceiling windows fill the home with abundant natural light while showcasing stunning, open-sky views from morning to night.The contemporary kitchen features quartz countertops, premium cabinetry, stainless steel appliances, a stylish backsplash and a functional centre island.Enjoy The lifestyle at 8888 Yonge, with premium amenities including a fitness centre, yoga studio, party room, private dining room, billiards room, children's club, pet spa, meeting room, bike storage and a beautifully landscaped rooftop terrace with BBQs and lounge seating.Perfectly located at Yonge Street & Highway 7, just minutes to Langstaff GO, Richmond Hill Centre, VIVA, Highways 7/407/404, shopping, restaurants, parks, medical facilities and top-rated schools. A view that must be seen in person.Come see it. To believe it.

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

Closing Costs

Mortgage Amount
$1,064,694
Land Transfer Taxes$23,092
Legal Fees (Est.)
$
Total cash required for closing$290,766

Total Monthly Obligation

$6,610/mo
Mortgage $5,368
Monthly Loss $5,197
Principal$1,413
Interest$3,956
Condo Fees$1,042
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.6%40
10-Year IRR
11.0%
Returns Index
21.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$68,004/yr
NOI
$46,305/yr
Net Cash Flow
-$1,510/mo
Cash Margin
-26.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo22
Risk Index
17.1/ 100

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

Comparables

Properties near 8888 Yonge Street 905

Time

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