144 Credit Lane, Richmond Hill

$999,990
144 Credit Lane

$999,990

New
22d
Att/Row/Townhouse3-Storey

144 Credit Lane, Richmond Hill

Total Monthly Obligation $4,409

Beds
3
Baths
4
Park
1
Sqft
2000-2500
DOM
22d
Score
18
Yield
4.0%
Cash on Cash
-3.9%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Att/Row/Townhouse
MLS® Number-N13847304
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-5.8 × 29.93 ft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Electric)
Brokerage-BLUE DIAMOND REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-90+ days
Neighbourhood-Jefferson
Title-Residential Freehold

No agent assigned

Unprecedented value with a new price on remaining Builder inventory! Welcome to the Towns on Bayview, located in an exclusive enclave of Richmond Hill. This home is being built backing onto greenspace and features modern finishes & unique features such as a ground floor rec room, chef kitchen and spacious mud room with garage access. This new construction home built by esteemed Home Builder, Primont Homes includes a full Tarion Warranty for added comfort. Location, quality, and upscale living awaits, book your private tour today. Price includes expanded HST rebate.

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

Closing Costs

Mortgage Amount
$799,992
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,973

Total Monthly Obligation

$4,409/mo
Mortgage $4,034
Monthly Loss $3,347
Principal$1,061
Interest$2,972
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.4%31
10-Year IRR
10.0%
Returns Index
16.9/ 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
$40,212/yr
NOI
$31,691/yr
Net Cash Flow
-$1,393/mo
Cash Margin
-41.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.3/ 100

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

Comparables

Properties near 144 Credit 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.

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Data last updated within the past 24 hours.