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1 / 0
Listed 8 days ago

502 - 9471 Yonge Street

Observatory, Richmond Hill

$499,000

Condo Apartment |
1 + 1 | 2 | 1 | 0
About this home

Welcome to this beautifully maintained 1 bedroom plus den with two full bathrooms suite in the heart of Richmond Hill, featuring soaring 9 ft ceilings, a functional open concept layout, and desirable south exposure overlooking a quiet interior courtyard. The expansive 164 sq ft balcony is custom tiled, with ample space for outdoor lounge and dining furniture, creating an inviting extension of the indoor living area. The versatile den offers the potential to been closed as a separate bedroom, providing added flexibility to suit your needs. Freshly painted, cleaned, and move-in ready! Enjoy exceptional convenience with Hillcrest Mall directly across the street and both T&T Supermarket and No Frills nearby. Situated along the vibrant Yonge Street corridor, with easy access to public transit, shopping, restaurants, and lots of condo amenities (gym, sauna, party & dining room, media room, two rooftop terraces, 24 hr concierge, etc.). Located in the North Tower, residents benefit from a dedicated building exit to the Observatory lane and convenient proximity to the parking garage entrance. An excellent opportunity to enjoy comfortable condo living with generous outdoor space in one of Richmond Hill's most convenient locations!

Extras

No extras listed.

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  • Sat, Oct 17

    2:00 PM – 4:00 PM

  • Sun, Oct 18

    2:00 PM – 4:00 PM

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size600-699 sq. ft.
Maintenance Fees$654
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,653
mls© NumberN13880920
Listed ByROYAL LEPAGE TERREQUITY PLATINUM REALTY
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%
$2,554
Property tax
$221
Heat allowance
$150
Condo fees, half counted
$327
Housing costs
$3,252 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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