8868 Yonge St 505E
South Richvale, Richmond Hill, L4C 0T4
FOR SALE
$688,888
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Property Description
Discover the perfect retreat in this well-appointed apartment situated in the heart of Richmond Hill. Located at yonge & Hwy 7, with easy access to the 407, this residence offers unparalleled convenience. Well-designed open-concept layout with practicality in mind, offering a cozy and inviting atmosphere. Beautiful Kitchen with Quartz Countertop, 9-foot ceiling, Split bedrooms, 2 bathrooms & Large balcony facing the courtyard. Parking and locker included. Within walking distance to the bus stop. Enjoy the convenience of nearby shops and restaurants, providing a vibrant and dynamic lifestyle. 24-hr Concierge. Don't miss the opportunity to make this prime Richmond Hill location your new home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-18 | 2023-12-31 | 74 | $749,900 | - | Expired |
Extras
All existing Appliances; Full Size Washer & Dryer; All Elf's And Window Covers.
Nearby Intersections
Yonge & 16th Avenue (176)
Yonge & Highway 7 (75)
Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,394 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.99' x 9.84' | Open Concept, Backsplash, Quartz Counter |
| Living | Main | 22.51' x 9.84' | Combined W/Dining, W/O To Balcony |
| Dining | Main | 22.51' x 9.84' | Combined W/Dining |
| Prim Bdrm | Main | 11.61' x 9.78' | 4 Pc Ensuite, Closet |
| 2nd Br | Main | 8.60' x 8.60' | Window Flr To Ceil, W/I Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
8868 Yonge St 505E is a 2-bedroom 2-bathroom condo listed for sale at $688,888, which is $49,940 (6.8%) lower than the average sold price of $738,828 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Richmond Hill increased by $4,940 (0.7%) compared to the previous 30 day period (February 27 - March 27) and down $4,229 (0.6%) from the same time one year ago.Inventory Change
There were 75 2-bedroom condos listed in Richmond Hill over the last 30 days (March 28 - April 26), which is up 19.0% compared with the previous 30 day period (February 27 - March 27) and up 120.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Richmond Hill typically sold ($19,536) (2.6%) below asking price over the last 30 days (March 28 - April 26), which represents a $978 decrease compared to the previous 30 day period (February 27 - March 27) and ($14,548) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Richmond Hill over the last 30 days (March 28 - April 26) stood at 46.7%, up from 42.9% over the previous 30 days (February 27 - March 27) and down from 97.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Richmond Hill stood at 36 days when successfully sold over the last 30 days (March 28 - April 26), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc.
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