31 Millman Lane, Richmond Hill

$899,000
31 Millman Lane

$899,000

New
30d
Att/Row/Townhouse3-Storey

31 Millman Lane, Richmond Hill

Total Monthly Obligation $4,001

HausQ Valuation Report
Beds
4
Baths
3
Park
1
Sqft
1500-2000
DOM
30d
Score
21
Yield
4.8%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Att/Row/Townhouse
MLS® Number-N13818436
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.68 × 78.63 ft
Listed on site-Sep 23, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-TBA
Neighbourhood-Rural Richmond Hill
Title-Residential Freehold

No agent assigned

****Backing Onto The Serene Greenbelt. This 1,920 Sqft. Townhome Features 4 Bedrooms And 3 Bathrooms. The Ground Floor Recreation Room Can Be Used As A 4th Bedroom Perfect For Extended Family, Guests, Or A Home Office. Featuring A Modern Kitchen With Stainless Steel Appliances, The Primary Bedroom Includes A 4 Piece Ensuite And His And Hers Closets. Open Concept Living And Dining Areas Are Filled With Natural Light And Showcase Peaceful Greenbelt Views. 10 Ft Ceilings And Smooth Ceilings On The Main Floor. Prime Location Just Minutes To Richmond Green Secondary School, Sports Facilities, Parks, Costco, Public Transit, Restaurants, Shopping Plazas, Highway 404, Home Depot, And More.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,001/mo
Mortgage $3,626
Monthly Loss $3,047
Principal$954
Interest$2,672
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.6%3
5-Year IRR
11.8%49
10-Year IRR
11.9%
Returns Index
25.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$43,368/yr
NOI
$34,531/yr
Net Cash Flow
-$749/mo
Cash Margin
-20.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
23.4/ 100

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

Comparables

Properties near 31 Millman Lane

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.