8888 Yonge Street 1002, Richmond Hill

$1,100,000
8888 Yonge Street 1002

$1,100,000

New
4d
Condo ApartmentMulti-Level

8888 Yonge Street 1002, Richmond Hill

Total Monthly Obligation $5,701

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
4d
Score
15
Yield
3.7%
Cash on Cash
-10.4%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.3%
Property Type-Condo Apartment
MLS® Number-N14095240
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-Multi-Level
Building Type-Condo Apartment
Taxes-$3,744 (2025)
Maintenance-$752.09/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-HOUSESIGMA INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 1002 at 8888 Yonge Street, where modern luxury meets everyday convenience in the heart of Richmond Hill. This stunning corner unit offers approximately 1,097 sq. ft. of thoughtfully designed living space, featuring 2 bedrooms plus a den, 2 full bathrooms, and two private balconies. Expansive windows fill the home with natural light, creating a bright and airy atmosphere throughout. The contemporary kitchen features premium built-in appliances, quartz countertops, sleek cabinetry, and a spacious centre island, seamlessly connecting to the open-concept living and dining areas. Thoughtfully upgraded with custom-made closets, offering stylish and practical storage solutions throughout. The primary bedroom features a walk-in closet and direct balcony access, while the spacious second bedroom and versatile windowed den provide flexible living options. Ideally located along the vibrant Yonge Street corridor, minutes from shopping, restaurants, parks, Langstaff GO Station, and Highways 407, 404, and 7. A rare opportunity to own a beautifully upgraded corner residence combining style, space, and convenience!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$880,000
Land Transfer Taxes$18,475
Legal Fees (Est.)
$
Total cash required for closing$239,975

Total Monthly Obligation

$5,701/mo
Mortgage $4,437
Monthly Loss $4,534
Principal$1,168
Interest$3,269
Property Tax$312
Condo Fees$752
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.6%0
5-Year IRR
5.0%11
10-Year IRR
6.8%
Returns Index
6.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$40,368/yr
NOI
$21,162/yr
Net Cash Flow
-$2,674/mo
Cash Margin
-79.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.9/ 100

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

Comparables

Properties near 8888 Yonge Street 1002

Time

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