224 Yorkland Street, Richmond Hill

$1,195,786
224 Yorkland Street

$1,195,786

New
38d
Att/Row/Townhouse2-Storey

224 Yorkland Street, Richmond Hill

Total Monthly Obligation $5,592

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
38d
Score
16
Yield
3.9%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Att/Row/Townhouse
MLS® Number-N13787628
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-23.52 × 100.87 ft
Listed on site-Sep 15, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,717 (2025)
Parking-3 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Devonsleigh
Title-Residential Freehold

No agent assigned

OFFERS ANYTIME!! Spacious 2007 sq.ft. Luxury Freehold Townhouse In High Demand Richmond Hill, Ontario. Boast a Beautiful Open Concept Main Floor With Custom Accent Wall. Chef Style Kitchen Includes Waterfall Quartz Countertop. New Fridge 2023 And Updated Stove 2022. Lots Of Storage, Large Oversized Bedrooms Pot Lights, Hardwood Floors, Updated Staircase, Upgraded Broadloom and Much More. Walkout To A Little Oasis Featuring A Large Deck And Deep Wooden Ravine. Equipped With Gas Line For Outdoor BBQ, Open Concept With Natural Light. 9Ft Ceiling, Skylight )/L Dining/Family Rm. Private Access To Basement From Garage With Full Size Washroom, 4th Bedroom & Den... **EXTRAS** Walking Distance To Yonge St, Richmond Hill High School, Groceries, Shopping, Close To 400 Series Highways, Includes Light Fixture And Window Coverings, NEW SKYLIGHT INSTALLED! NEW FRONT STEPS!! FRESHLY PAINTED!!

$
$
%

Properties $1M+ require 20% down.

%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$956,629
Land Transfer Taxes$20,391
Legal Fees (Est.)
$
Total cash required for closing$261,048

Total Monthly Obligation

$5,592/mo
Mortgage $4,823
Monthly Loss $4,322
Principal$1,269
Interest$3,554
Property Tax$393
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.8%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$46,320/yr
NOI
$32,471/yr
Net Cash Flow
-$2,118/mo
Cash Margin
-54.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 224 Yorkland Street

Time

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Data last updated within the past 24 hours.