51 Carlow Lane, Richmond Hill

$1,189,000
51 Carlow Lane

$1,189,000

New
26d
Condo Townhouse3-Storey

51 Carlow Lane, Richmond Hill

Total Monthly Obligation $4,996

Beds
4
Baths
5
Park
2
Sqft
2000-2249
DOM
26d
Score
18
Yield
3.8%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Townhouse
MLS® Number-N13833090
Beds-4
Bathrooms-5
Size-2000-2249 sqft
Listed on site-Sep 27, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-New
Maintenance-$0.14/mo
Locker-None
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-TIMES GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-Rural Richmond Hill
Title-Residential Condo & Other

No agent assigned

Welcome To Skylands By Times Group Corporation! A Rare Boutique Townhome Community Nestled In The Heart Of Richmond Hill. This Brand New Luxurious Townhouse Offers Over 2,600 Sq Ft Of Living Space Featuring 4 Bedrooms and 4.5 Bathrooms While Filled With Natural Lighting From Sunrise To Sunset. Open Concept Living and Dining Areas Graciously Combined For Everyday Modern Living And Entertaining. Gourmet Kitchen Equipped With Quartz Countertops, Contemporary Soft-Close Cabinetry, Full Backsplash, Valance Lighting, Stainless Steel Appliances, And A Kitchen Island With Built-In Wine Cooler. Cozy Breakfast Area That Seamlessly Walks Out Onto An Expansive Private Terrace With BBQ Gas Line Perfect For Outdoor Dining. Primary Bedroom With 3-Pc Ensuite, Walk-In Closet and Walk-Out To A Private Balcony. Ground Floor Bedroom With 3 Pc-Ensuite And A Oversized Walk-In Closet Perfect For Guests Or Multigenerational Living. This Townhome Showcases Quality Craftsmanship And Premium Finishes Featuring 9-Ft Smooth Ceilings, Engineered Hardwood Flooring and Pot Lights. Upgraded Baseboards, Casings, And Solid Doors. Fully Finished Basement. High-Velocity Two-Zone Energy-Efficient HVAC System With A/C And Central Vacuum Rough-In. Double-Car Garage Includes A 40-Amp EV Charger Rough-In And Automatic Garage Door Opener Complemented By Two Additional Driveway Parking Spaces. A Hidden Neighborhood Pond Surrounded By Protected Greenspace And A Scenic Walking Trail That Provides A Naturally Peaceful And Tranquil Escape That Elevates And Sets This Community Apart. Conveniently Located To Future Community Centre, Richmond Green Secondary School, Richmond Green Park, And Public Transit. Nearby Costco, Home Depot, Paris Baguette, Healthy Planet and Staples. Short Drive To Highway 404 And Richmond Hill Go Station. Enjoy The Added Value Of The 7-Year Tarion Warranty Coverage, Eligibility For The HST New Housing Rebate, And $0 Development Charges.

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

Closing Costs

Mortgage Amount
$951,200
Land Transfer Taxes$20,255
Legal Fees (Est.)
$
Total cash required for closing$259,555

Total Monthly Obligation

$4,996/mo
Mortgage $4,796
Monthly Loss $3,734
Principal$1,262
Interest$3,534
Condo Fees$0
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.4%31
10-Year IRR
10.0%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$44,832/yr
NOI
$37,947/yr
Net Cash Flow
-$1,634/mo
Cash Margin
-43.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
18.9/ 100

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

Comparables

Properties near 51 Carlow Lane

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.