6 David Eyer Road 115, Richmond Hill

$399,900
6 David Eyer Road 115

$399,900

New
28d
Condo ApartmentApartment

6 David Eyer Road 115, Richmond Hill

Total Monthly Obligation $2,506

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
28d
Score
21
Yield
6.7%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-N13830326
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,174 (2025)
Maintenance-$512.12/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Rural Richmond Hill
Title-Residential Condo & Other

No agent assigned

A condo with room to enjoy the outdoors. This one bedroom, one bathroom suite at Elgin East opens onto an approximately 200 sq. ft. private terrace with a gas connection, giving you space to dine, relax or entertain beyond a typical balcony. Inside, the open concept living area, approximately 9'9" ceilings and large windows create an airy feel. Ground floor access makes coming and going easy, with no elevator ride to your suite. One underground parking space and one locker are included. Residents have access to a gym, concierge, party room, theatre, music room and dog wash. Located near Bayview Avenue and Elgin Mills Road, with Richmond Green Park, shopping and Highway 404 nearby. A practical choice for someone buying their first home or looking to simplify without giving up outdoor space.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,506/mo
Mortgage $1,613
Monthly Loss $2,082
Principal$424
Interest$1,189
Property Tax$181
Condo Fees$512
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.5%39
10-Year IRR
11.2%
Returns Index
20.4/ 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
$26,928/yr
NOI
$13,516/yr
Net Cash Flow
-$487/mo
Cash Margin
-21.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
31.3/ 100

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

Comparables

Properties near 6 David Eyer Road 115

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.

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Data last updated within the past 24 hours.