8868 Yonge St 702E
South Richvale, Richmond Hill, L4C 1Z8
FOR SALE
$569,900
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Property Description
Discover the epitome of modern living in this stunning 1-bedroom condo with 10 foot ceilings, ideally situated on Yonge St in the highly sought-after transit-focused area of Richmond Hill. This elegant residence features a spacious open-concept layout, perfect for entertaining and everyday comfort. Enjoy the luxury of your private terrace with west and south views, an ideal spot for relaxing and outdoor dining. This condo comes with one owned parking spot and a convenient locker, ensuring ample storage and ease of living. Location is everything and this condo excels in that regard. You're steps away from public transit, making your commute a breeze. Nearby, you'll find a plethora of grocery stores, retail shops, and dining options, catering to all your lifestyle needs. Don't miss this rare opportunity to own a piece of Richmond Hill's prime real estate. Schedule a viewing today!!
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Extras
Visitor Parking, Dog Wash, Gym, Basketball Court, Newly Built October 2022
Nearby Intersections
Yonge & 16th Avenue (163)
Yonge & Highway 7 (83)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,996 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.01' x 14.50' | Laminate, Open Concept, W/O To Balcony |
| Dining | Main | 10.01' x 14.50' | Laminate, Combined W/Living |
| Kitchen | Main | 7.74' x 7.97' | Laminate, Modern Kitchen, Stainless Steel Appl |
| Prim Bdrm | Main | 9.15' x 10.99' | Laminate, Closet |
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Richmond Hill Market Statistics
Richmond Hill Price Trend
8868 Yonge St 702E is a 1-bedroom 1-bathroom condo listed for sale at $569,900, which is $37,258 (7.0%) higher than the average sold price of $532,642 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill declined by $22,176 (4.0%) compared to the previous 30 day period (November 19 - December 18) and down $65,278 (10.9%) from the same time one year ago.Inventory Change
There were 24 1-bedroom condos listed in Richmond Hill over the last 30 days (December 19 - January 17), which is down 0.0% compared with the previous 30 day period (November 19 - December 18) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Richmond Hill typically sold ($16,703) (3.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $792 increase compared to the previous 30 day period (November 19 - December 18) and ($16,666) 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 1-bedroom condos in Richmond Hill over the last 30 days (December 19 - January 17) stood at 58.3%, down from 91.7% over the previous 30 days (November 19 - December 18) and down from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 45 days when successfully sold over the last 30 days (December 19 - January 17), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Union Capital Realty
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