20 Wellman Drive, Richmond Hill

$1,849,000
20 Wellman Drive

$1,849,000

New
23d
Detached2-Storey

20 Wellman Drive, Richmond Hill

Total Monthly Obligation $8,621

Beds
7
Baths
7
Park
2
Sqft
3000-3500
DOM
23d
Score
15
Yield
3.1%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.8%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-N13843330
Beds-7
Bathrooms-7
Size-3000-3500 sqft
Lot Size-40.06 × 100.15 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,448.09 (2026)
Parking-4 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SUPERSTARS REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-TBA
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Welcome To 20 Wellman Dr. **A True Gem Of Luxury And Sophistication**. Spectacular Family Home With UNIQUE Style & Modern Elegance, Designed For Exceptional Family Living In The Highly Sought-After Lake Wilcox Neighborhood Of Oak Ridges.*This 7-Years-Old Masterpiece Boasts 5+2 Bedrooms, 7 Washrooms & 2 Kitchens, Offering Approx. 3,443 Sq. Ft. Of Luxury Living Space (1st/2nd Floor As Per MPAC), Plus A Professionally Finished Basement With A Separate Entrance, Featuring Numerous Upgrades And High-End Finishes.*Step Inside To A Grand 20' Ceiling Foyer, Soaring 10' Ceilings On The Main Floor And 9' Ceilings On The Second Floor, Creating A Bright, Open & Impressive Sense Of Space. The Thoughtfully Designed Open-Concept Layout Is Ideal For A Large Family, Featuring 5+2 Spacious Bedrooms, Elegant Living And Dining Areas, And An Inviting Family Room With Fireplace. The Stunning Chef's European-Style Kitchen Is A True Showpiece, Featuring Custom Cabinetry, Granite Countertops, S/S Appliances, A Centre Island, Spacious Pantry & A Generous Breakfast Area With Walk-Out To The Serene Fully Interlocked Backyard, Seamlessly Blending Indoor And Outdoor Living.*The Primary Suite Is A True Retreat, Boasting A Vaulted Ceiling, Lavish Ensuite & Two Spacious Walk-In Closets.All Bedrooms Are Bright & Well-Appointed, Ensuring Comfort & Elegance.*Separate Entrance Basement Accessible Via 2 Staircases, Featuring A Kitchen With S/S Appliances, 2 Spacious Bedrooms, And 2 Washrooms & Laundry Offering Excellent Potential For An In-Law Suite, Multi-Generational Living, Or A Great Opportunity For Additional Rental Income.*The Backyard Is Beautifully Landscaped W/Interlock Paving, Creating A Stylish, Low-Maintenance Outdoor Oasis Ideal For Relaxation & Entertaining. Conveniently Located near Top Randed Schools, Highway 404, Lake Wilcox Trails, Community Centre & Parks**This Stunning, Move-In-Ready Home Offers The Perfect Blend Of Luxury, Comfort & Investment Potential. *A Must See Home*

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,479,200
Land Transfer Taxes$33,455
Legal Fees (Est.)
$
Total cash required for closing$404,755

Total Monthly Obligation

$8,621/mo
Mortgage $7,458
Monthly Loss $6,658
Principal$1,963
Interest$5,496
Property Tax$787
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.5%12
10-Year IRR
7.0%
Returns Index
7.5/ 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
$58,104/yr
NOI
$38,346/yr
Net Cash Flow
-$4,263/mo
Cash Margin
-88.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.4/ 100

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

Comparables

Properties near 20 Wellman Drive

Time

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Data last updated within the past 24 hours.