16 Venture Avenue, Richmond Hill

$1,079,000
16 Venture Avenue

$1,079,000

Price Change
27d
Att/Row/Townhouse2-Storey

16 Venture Avenue, Richmond Hill

Total Monthly Obligation $5,219

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
27d
Score
16
Yield
3.6%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Att/Row/Townhouse
MLS® Number-N13832448
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-19.71 × 110 ft
Listed on site-Sep 26, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,898 (2026)
Parking-2 - Built-In
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Concrete
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Rouge Woods
Title-Residential Freehold

No agent assigned

Located in the highly desirable Rouge Woods community of Richmond Hill, this property puts nature right at your doorstep. Multiple ravines and abundant green space surround the neighbourhood, giving outdoor loving kids (and adults) endless room to explore and play - nowhere near the largest cemetery in Richmond Hill. Easily achieve 10k steps with a 5 minute walk to Timber Mill Park, Lilac Grove parkette, Headwaters Community Park, and Apple Grove parkette. Very highly rated school system, Silver Stream Public School, Richmond Rose, Bayview Secondary and lots more. Step into this bright and inviting 3-bedroom home where soaring high ceilings create an open atmosphere that feels truly expansive. The generous layout delivers the room you need to stretch out and grow, ideal for upsizing families. Featuring hardwood flooring throughout, elegant 9-foot smooth ceilings, and stylish pot lights on the main floor and in the basement. Enjoy convenient direct indoor access to the garage (with a brand new garage door, and quiet door opener) . The generous primary bedroom offers a walk-in closet and a private FIVE-piece ensuite. A professionally finished basement adds a large recreation room, full bathroom and kitchenette; creating extra living and entertainment space.Side note: Freshly painted, new counter tops, new garage door, new fridge..and lots more.

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

Closing Costs

Mortgage Amount
$863,200
Land Transfer Taxes$18,055
Legal Fees (Est.)
$
Total cash required for closing$235,355

Total Monthly Obligation

$5,219/mo
Mortgage $4,352
Monthly Loss $4,074
Principal$1,145
Interest$3,207
Property Tax$492
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.2%15
10-Year IRR
7.7%
Returns Index
8.9/ 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
$38,904/yr
NOI
$24,616/yr
Net Cash Flow
-$2,301/mo
Cash Margin
-71.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.0/ 100

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

Comparables

Properties near 16 Venture Avenue

Time

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