75 Norman Bethune Avenue 317, Richmond Hill

$549,000
75 Norman Bethune Avenue 317

$549,000

New
29d
Condo ApartmentApartment

75 Norman Bethune Avenue 317, Richmond Hill

Total Monthly Obligation $4,194

Beds
3
Baths
2
Park
2
Sqft
1200-1399
DOM
29d
Score
17
Yield
7.4%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-N13823936
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$4,144.25 (2025)
Maintenance-$1,433.83/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stucco (Plaster)
Possession-Immediate
Neighbourhood-Beaver Creek Business Park
Title-Residential Condo & Other

No agent assigned

Over 1,300 Sq. Ft., 3 bedrooms, 2 full bathrooms, 2 parking spaces and a locker for $549,000! At approximately $421 per Sq. Ft., this exceptionally spacious corner suite at Four Seasons Garden Condos offers tremendous value for first-time buyers, young families and downsizers looking for the space of a home with the convenience of condo living. Offering 1,304 Sq. Ft. of bright, well-designed living space, the functional split-bedroom layout features two generous bedrooms plus a separate, enclosed and windowed third bedroom, currently staged as a home office/den. The expansive open-concept living and dining areas flow into a large kitchen with quartz countertops, centre island with breakfast bar and KitchenAid stainless-steel appliances. Enjoy two expansive balconies, south and west exposures and multiple walkouts that extend the living space outdoors. The primary bedroom features His & Hers walk-in closets and a 4-piece ensuite, while a second full bathroom and ensuite laundry provide everyday practicality. Includes 2 owned underground parking spaces and 1 owned locker. Building amenities include 24-hour concierge, indoor pool, gym, sauna, party room, guest suites and visitor parking. Ideally located in Richmond Hill's Highway 7 corridor, steps to Viva transit and minutes to Times Square, Commerce Gate, restaurants, shopping and everyday conveniences, with easy access to Highways 404 and 407. Vacant, move-in ready and available for immediate possession. An outstanding opportunity to own a true 3-bedroom, family-sized condo at a price rarely found for this much space.

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

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$4,194/mo
Mortgage $2,215
Monthly Loss $3,611
Principal$583
Interest$1,632
Property Tax$345
Condo Fees$1,434
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
7.0%18
10-Year IRR
8.7%
Returns Index
10.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,716/yr
NOI
$12,894/yr
Net Cash Flow
-$1,140/mo
Cash Margin
-33.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.6/ 100

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

Comparables

Properties near 75 Norman Bethune Avenue 317

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.