259 Rumble Avenue, Richmond Hill

$2,299,999
259 Rumble Avenue

$2,299,999

New
28d
DetachedBacksplit 4

259 Rumble Avenue, Richmond Hill

Total Monthly Obligation $10,318

Beds
5
Baths
5
Park
6
Sqft
2000-2500
DOM
28d
Score
14
Yield
2.3%
Cash on Cash
-13.1%
Cap Rate
1.8%
5Y IRR
5.4%
10Y IRR
6.7%
Property Type-Detached
MLS® Number-N13830020
Beds-5
Bathrooms-5
Size-2000-2500 sqft
Lot Size-54 × 208.92 ft
Listed on site-Sep 25, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$7,981.1 (2026)
Parking-8 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Mill Pond
Title-Residential Freehold

No agent assigned

Some homes are renovated. Others are completely reimagined. Set on a rare 54 x 209 ft. lot in the heart of Mill Pond, 259 Rumble Avenue is adesigner residence where thoughtful design, craftsmanship and everyday living come together. Behind its understated exterior is an unexpectedinterior offering approx. 2,400 sq. ft., 5 bedrooms and 5 bathrooms, including two primary suites with walk-in closets. At the heart of the home isthe showpiece chef's kitchen, featuring premium Fisher & Paykel appliances, an oversized centre island and a design recognized with a GoldAward from the Designers and Decorators Association of Canada. The transformation goes far beyond finishes: the interior was extensivelyrebuilt with new insulation, walls, windows, waterproofing and a sump pump system. Two gas fireplaces, heated floors in two bathrooms andsecond-floor laundry add comfort and function throughout. Outside, the exceptional 208-ft-deep property offers mature surroundings, interlock,gazebo and hot tub, with incredible space for outdoor living and entertaining. The expansive driveway accommodates up to 8 vehicles,complemented by a 2-car garage. Moments from Mill Pond Park, trails, historic downtown Richmond Hill, transit, GO and major highways. Ahome with far more to discover than first meets the eye.

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

Closing Costs

Mortgage Amount
$1,839,999
Land Transfer Taxes$43,975
Legal Fees (Est.)
$
Total cash required for closing$505,475

Total Monthly Obligation

$10,318/mo
Mortgage $9,278
Monthly Loss $7,876
Principal$2,441
Interest$6,836
Property Tax$665
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.6%0
5-Year IRR
3.3%7
10-Year IRR
5.4%
Returns Index
4.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$51,912/yr
NOI
$34,240/yr
Net Cash Flow
-$6,424/mo
Cash Margin
-148.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.2/ 100

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

Comparables

Properties near 259 Rumble Avenue

Time

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