341 Blue Grass Boulevard, Richmond Hill

$879,000
341 Blue Grass Boulevard

$879,000

Price Change
29d
Semi-Detached Bungalow

341 Blue Grass Boulevard, Richmond Hill

Total Monthly Obligation $4,293

Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
29d
Score
16
Yield
3.6%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.6%
Property Type-Semi-Detached
MLS® Number-N13826364
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-37.5 × 100 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$4,466 (2026)
Parking-4 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Crosby
Title-Residential Freehold

No agent assigned

This fantastic 3+2 bedroom, 2 bathroom, 2 kitchen semi-detached bungalow features a large 37.5 x 100 lot and bright East exposure within the highly sought-after Bayview Secondary School district. $$$ in updates offer modern finishes and true move-in-ready comfort. The main floor boasts a brand-new kitchen featuring pristine quartz countertops and modern cabinetry, plus a newly renovated bathroom. Freshly painted walls and the open-concept living and dining area feature a large window that fills the main level with abundant natural light, enhanced by brand-new pot lights installed throughout the main floor, creating a bright and modern atmosphere. A massive, fully finished 2-bedroom basement apartment is complete with a large living room, its own kitchen, a bathroom, and a separate entrance-ideal for multi-generational living. Currently tenanted by an A+ renter generating $1,800/month. Keep it as a fantastic cash-flowing investment, The tenant will move out with N11 signed. Additional capital updates include: Newer Roof & Insulation (Sept 2021), High-Efficiency Furnace & Hot Water Tank (Oct 2021), and an upgraded Energy-Saving Heat Pump A/C (Nov 2024). The outdoor space with beautiful interlocking (2023) throughout the front and back yards provides four additional parking spaces in the driveway and an exceptionally private space for relaxing or entertaining family and friends. Enjoy walkability to top-rated schools, including Crosby Heights P.S. (Gifted Program), Bayview S.S. (IB Program), Michaëlle Jean Public School (French Immersion), and Beverley Acres P.S. (French Immersion). Steps to public transit, including YRT and GO Train access, and just minutes to Crosby Park, Centennial Pool, Richmond Hill Lawn Tennis Club, and Crosby Soccer Fields. Conveniently close to shopping centres, grocery stores, Costco, and numerous parks-everything your family needs is right at your doorstep.

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

Closing Costs

Mortgage Amount
$703,200
Land Transfer Taxes$14,055
Legal Fees (Est.)
$
Total cash required for closing$191,355

Total Monthly Obligation

$4,293/mo
Mortgage $3,546
Monthly Loss $3,360
Principal$933
Interest$2,613
Property Tax$372
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.1%14
10-Year IRR
7.5%
Returns Index
8.5/ 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
$31,728/yr
NOI
$19,589/yr
Net Cash Flow
-$1,913/mo
Cash Margin
-72.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.3/ 100

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

Comparables

Properties near 341 Blue Grass Boulevard

Time

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