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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Luxurious Unit At Xpression On Yonge St., The Heart Of Richmond Hill! 733 Sqft + 70 Sqft Balcony. Bright & Spacious, Floor To Ceiling Windows With Plenty Of Sunlight, One Bedroom Plus A Spacious Den (Can Be Used As a Bedroom or Office, Murphy bed included), Two Full Bathrooms, Large 70 Sq.Ft. Balcony, Across Hillcrest Mall, Convenient Layout, Modern Kitchen, Upgraded Tall Cabinets, Granite Countertops, Movable Centre Island, W/O To Balcony. Clear City & Yonge St. Views.
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Data-driven valuation for 9471 Yonge Street 1005, Richmond Hill, ON L4C 0Z5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $599,000 in Richmond Hill, the legal minimum down payment is $34,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,455 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.