66 North Lake Road, Richmond Hill

$1,360,000
66 North Lake Road

$1,360,000

New
26d
DetachedBungalow

66 North Lake Road, Richmond Hill

Total Monthly Obligation $6,540

Beds
4
Baths
2
Park
6
Sqft
1100-1500
DOM
26d
Score
15
Yield
3.1%
Cash on Cash
-10.4%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-N13832872
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-100 × 150 ft
Listed on site-Sep 27, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,145 (2025)
Parking-8 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Oil)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block, Concrete Block
Sewer-Sewer
Possession-Immed
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Attention Investors and Builders! A rare find Premium 100 Ft x150 Ft lot located in prime location of Oak Ridges, Existing well maintained bungalow features a three beds and two baths with finished basement. This property offers incredible potential for townhomes development or severance into two 50 ft x 150 ft lots. One Of The Largest Frontage In The Neighbourhood. Close to Yonge St, shops, Transit and All Amenities.

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

Closing Costs

Mortgage Amount
$1,088,000
Land Transfer Taxes$23,675
Legal Fees (Est.)
$
Total cash required for closing$297,175

Total Monthly Obligation

$6,540/mo
Mortgage $5,486
Monthly Loss $5,096
Principal$1,444
Interest$4,042
Property Tax$679
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.9%10
10-Year IRR
6.6%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$42,732/yr
NOI
$25,814/yr
Net Cash Flow
-$3,335/mo
Cash Margin
-93.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.8/ 100

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

Comparables

Properties near 66 North Lake Road

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.