11611 Yonge Street 809, Richmond Hill

$448,888
11611 Yonge Street 809

$448,888

New
3d
Condo ApartmentApartment

11611 Yonge Street 809, Richmond Hill

Total Monthly Obligation $2,925

Bed+Den
2+1
Baths
1
Park
2
Sqft
500-599
DOM
3d
Score
16
Yield
3.7%
Cash on Cash
-16.8%
Cap Rate
1.0%
5Y IRR
2.6%
10Y IRR
4.7%
Property Type-Condo Apartment
MLS® Number-N14099418
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,373.17 (2025)
Maintenance-$716.23/mo
Locker-Owned
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Jefferson
Title-Residential Condo & Other

No agent assigned

This suite offers rare conveniences that truly set it apart: TWO PARKING SPACES with TWO PRIVATE, FULLY ENCLOSED LOCKERS directly attached providing secure, easy-access storage far superior to the typical caged-style bulk lockers found in most condos and ONE COMMUNAL CAGE LIKE LOCKER (TOTAL 2 PARKING SPOTS & 3 LOCKERS). Potential to rent the extra parking and locker spaces for an extra monthly income. Modern Boutique Living on Yonge. Welcome to this elegant 1-bedroom plus den suite in a contemporary 8-storey boutique residence. Designed with soaring 9-foot smooth ceilings and expansive windows, the home feels bright and airy while showcasing unobstructed views. The sleek modern kitchen with a generous breakfast bar makes everyday living and entertaining effortless. The bedroom has also been enhanced with custom shelving in the closet, maximizing functionality and storage. Residents enjoy added lifestyle convenience with the party room, gym, and the rooftop patio located right on the same floor, adjacent to the unit. The building's location offers convenience of the VIVA transit and sits just steps from shops, dining, strip malls, and minutes from major highways and top-rated schools.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$359,110
Land Transfer Taxes$5,453
Legal Fees (Est.)
$
Total cash required for closing$96,731

Total Monthly Obligation

$2,925/mo
Mortgage $1,811
Monthly Loss $2,448
Principal$476
Interest$1,334
Property Tax$198
Condo Fees$716
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.3%6
Cash-on-Cash
-21.0%0
5-Year IRR
-0.4%2
10-Year IRR
3.0%
Returns Index
2.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$16,428/yr
NOI
$1,417/yr
Net Cash Flow
-$1,693/mo
Cash Margin
-123.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.071
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
25.3/ 100

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

Comparables

Properties near 11611 Yonge Street 809

Time

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