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              #615 9471 Yonge Street

              near Yonge St / Observatory Ln
              $480,000 1+0bdr • 1ba • 1kit • 600-699sf
              Average Income
              $33,621
              Population Age
              41 y/old
              School Score
              8.63/10
              Price Index Change 1y
              +25.66%
              Price Index Change 3y
              +27.23%
              Rent Index Change 1y
              -0.18%
              Rent Index Change 3y
              +16.54%

              Condo Apt • Apartment #615 • 5 Level

              #615 9471 Yonge Street, Observatory, Richmond Hill
              • Rooms and Bathrooms 1+0 bedr, 1 bath
              • Kitchens 1
              • area 600-699
              • garage 1.0 Undergrnd
              • exposure E
              • age 0-5
              • locker Owned
              • possession

                90-Tbd

              $480,000

              $1,887.48
              Tax yr: 2020

              $462.57/m

              CALCULATED NUMBERS:

              $1801.00

              calculator

              $2032

              4

              75 Very Walkable

              52 Good Transit

              50 Bikeable

              8.63/10

              Location Details
              • York

              • Richmond Hill

              • Observatory

              • Yonge St / Observatory Ln

              • L4C1V4

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX EXCEL REALTY LTD., BROKERAGE

              Property Overview
              Welcome To This Beautiful, Bright, Spacious 1 Bedroom Condo, Prestigious Xpression, Largest 1 Bedroom Model, Located In The Heart Of Richmond Hill, Steps To Hillcrest Mall Shopping Center. Preferred Unobstructed Quiet East View, Lots Of Upgrades, Custom Blinds, Large Open Balcony, Windows Floor To Ceiling, Quarts Counter Tops, Centre Island In Kitchen, Ss Appliances, Combo Washer-Dryer, Laminate Floors, Indoor Pool And Sauna, Gym Room, Roof Bbq Area & More.
              Extras: Ss Fridge, Ss Stove B/I Dishwasher, Microwave, European Style Space Saving Combination Washer/Dryer, All Existing Light Fixtures And Window Custom Blinds.
              Video tour available. Click to watch.
              Property Features
              • Clear View
              • Hospital
              • Library
              • Park
              • Public Transit
              • School
              • Brick
              • Concrete
              • Concierge
              • Gym
              • Indoor Pool
              • Party/Meeting Room
              • Recreation Room
              • Rooftop Deck/Garden
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Building Insurance Included
              • Parking Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Seller Property Info Statement
              • Water Included
              • Family Room
              • Cable TV Included
              • CAC Included
              • Central Vac
              Rooms details
              Living
              • Flat Level
              • East View
              • W/O To Balcony
              • Window Flr To Ceil
              • Size 3.77x3.02
              Dining
              • Flat Level
              • Laminate
              • Size 3.02x1.68
              Kitchen
              • Flat Level
              • Backsplash
              • Quartz Counter
              • Centre Island
              • Size 3.07x3.02
              Master
              • Flat Level
              • Laminate
              • Mirrored Closet
              • W/O To Balcony
              • Size 3.16x3.12
              Basement
              • None
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              • Listing added to site: 2020-10-17 10:06:46
              • Last updated: 2020-10-23 00:35:53
              • Photos updated: 2020-10-17
              • Contract date: 2020-10-17
              • Input date: 2020-10-17
              • Expiry date: 2021-03-17
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              615 9471 Yonge Street is a condo apt apartment, located in Observatory of city of Richmond Hill, York region, near Yonge St / Observatory Ln, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 5 of the building and has East exposure of Yonge St. Condo registry office is YRCC, corporation number 1308.

              Lot Size and Living Area:

              615 9471 Yonge Street has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 600-699 square feet. 9471 Yonge Street building was built appriximately 0-5 years ago.
              1.0 parking space(s) are owned and located undergrnd at level P2 . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Clear View, Hospital, Library, Park, Public Transit, School at, or near the property.
              AIDA has also found the following features: Swimming Pool, AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              615 9471 Yonge Street condo apt is listed for $480,000. Property tax for year 2020 was $1,887. And the monthly maintenance fee was $463.

              Comparative Market Analysis:

              There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $566,097.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,801, and total expenses, including the mortgage, property tax and maintenance, fee around $1,997, assuming $480,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 615 9471 Yonge Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Observatory, where 9471 Yonge Street is located, has $804,339 Home Price Index, and $2,234 Home Rent Index. Average household income at dissemination area of 9471 Yonge Street is $33,621, and average polulation age is 41 years old.
              Average Home Price Index among 17 evaluated neighborhoods in city of Richmond Hill is $1,134,288, and average Home Rent Index $2,588.

              Similar Properties & Community Details:

              There are similar to 615 9471 Yonge Street 1 bedr condo apt condos listed For Sale and For Rent in city of Richmond Hill.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 9471 Yonge Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Observatory neighborhood in city of Richmond Hill.

              Schools:

              There are at least 3 school(s) located near 9471 Yonge Street, or schools, which boundaries this address belongs to with an average School Score 8.63 out of 10. Here are more details about these schools:
              1. Sixteenth Avenue Public School, Public, Elementary, ranked as Excellent.
              2. Doncres Public School / Adrienne Clarkson Public School FI, Public, Elementary, ranked as Excellent.
              3. Alexander Mackenzie H.S., Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 75, 52, and 50 accordingly, location of 9471 Yonge Street overall can be described as Very Walkable, Good Transit, and Bikeable.

              615 9471 Yonge Street Listings History Powered by AIDA
              Observatory, Richmond Hill Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Richmond Hill Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (82 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 5 to 6 properties like that to be sold in Observatory during the next 30 days.
              Seasonal sales fluctuation is showing 33% inventory increase comparing to the average annual number, which is equvalent to 4 properties sold per month, and 23% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 9 days, which is 13 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 54% D.O.M. increase comparing to the average annual number, which is equvalent to 14 D.O.M., and 20% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Observatory.
              The selling to asking price ratio is declining in Observatory.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4957612 Comparative Market Analysis
              615 9471 Yonge Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Observatory, Richmond Hill, to the City of Richmond Hill for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +25.66% comparig to the City of Richmond Hill average of +11.955%

              Price Index 3y

              Price Index change was +27.23% comparig to the City of Richmond Hill average of +5.4%

              Rent Index 1y

              Rent Index change was -0.18% comparig to the City of Richmond Hill average of +6.055%

              Rent Index 3y

              Rent Index change was +27.23% comparig to the City of Richmond Hill average of +5.4%

              Walkscore

              Walkscore 75 out of 100 means Very Walkable

              Transitscore

              Transitscore 52 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.63 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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              Condo Fee

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              Exposure

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